Brazil's congress moves to regulate crypto payments
Brazil's Congress this week passed a bill that would regulate the use of cryptocurrency as a means of payment throughout the country,...
Brazil's Congress this week passed a bill that would regulate the use of cryptocurrency as a means of payment throughout the country,...
In spite of some recent pushback from lawmakers in Washington, Fidelity has opened up retail crypto trading accounts after first...
Royal Bank of Canada said it would pay $10.1b for HSBC Holdings PLC’s Canadian operations, a move meant to position Canada’s biggest bank...
Customers who work together with Solana by way of decentralized functions and wallets can now import their transaction historical past on...
A study earlier this year found that financial crime continues to be extremely prevalent in the financial services industry and across...
For some renters, never speaking to a landlord might sound like a dream. But high-tech real estate companies are taking this idea to the...
Expectations for this year’s holiday spend online were lukewarm, but initial activity — driven by deep discounts — has bucked...
We are excited to announce FinTech Collective’s investment in Orda, a Lagos-based company that is digitizing the long tail of African...
BlockFi blamed its chapter 11 filing on the downturn in cryptocurrency prices this summer and this month’s failure of FTX. FTX’s...
Congratulations to FTC portfolio company Orda, a Nigerian food tech platform that provides a cloud-based restaurant operating system for...
The fundraising, which is expected in the first half of next year, is likely to be the last round before the mobile app-based bank floats...
The idea is to boost security and consumer trust in Zelle, the peer-to-peer payment system jointly owned by a consortium of banks, the...
Constructed on the Lightning Community, it’s the first startup funds firm of such type to be permitted by the Monetary Conduct Authority...
New York based startup which allows fintech companies to test and deploy decision-making models raised $20m in Series A funding led by...
Ivory Coast based financial app raised $14m in new funding led by Partech Africa, Enza Capital, and Oikocredit.
“Before Djamo, it was a real challenge for an average customer to receive salaries digitally because they weren’t integrated into the...…
Nigeria based freight carrier focused digital bank raised a $2m in Seed funding from investors including MercyCorps, PrecursorVentures,...
It was back in December 2010 that former FIFA president Sepp Blatter announced that Qatar would host the 2022 World Cup, sparking wild...
Australian mining billionaire Andrew Forrest has launched an investment fund that is hoped will be worth at least $25b to help rebuild...
New York based ethereum privacy infrastructure raised $4m in Seed funding led by Bain Capital Crypto and 6th Man Ventures.
“What started as a fun side project, quickly turned into critical technology that unlocks an entirely new design space for the future of...…
San Francisco based embedded fintech company focused on customer engagement raised $2.3m in Seed funding led by Magma Partners.
“We work with a lot of individuals who are new to the financial system,” Eting told TechCrunch. “In Latin America, we also saw a lot more...…
In last week’s Autumn Statement, Jeremy Hunt, chancellor of the exchequer, outlined a number of priorities which will likely impact UK...
San Francisco based provider of health care financing tools raised $20m in Series B funding led by 7wire Ventures.
“This exciting round is a testament to PayZen’s product innovation and the immense need for more affordable payment options for patients...…
Tanzania based fintech company focused on Africa’s consumer packaged goods supply chain raised $32m in Series A equity and debt funding...
Miami based fintech platform for small businesses raised $35m in Series B extension funding led by GGV Capital.
“What’s impressed us most about Novo is their ecosystem approach to small business checking — they’ve built a robust, intuitive platform...…
Forbes writes about how startups in Africa, with Flutterwave being a primary example, benefit their home countries as their innate...
The deal gives customers a hassle-free path to purchase, with an easy online financing application and soft-pull tools that do not affect...
65% of plans on Vestwell’s platform utilize managed accounts and 90% as the QDIA. Vestwell founder and CEO Aaron Schumm discusses how...
Maryland based residential contractors-focused fintech startup raised $20m in Series B funding led by S2G Ventures.
“If your trusted contractor — who you call to come into your home to help figure out what to do with your system — doesn’t offer a heat...…
Los Angeles based blockchain identity company raised $4m in Seed funding led by Vertex.
“When you onboard a web2 user, lowering the barrier is very important. If you log in with Metamask, which is like a safe for your private...…
North Carolina based venture capital portfolio forecasting and planning software maker raised $1.5m in Seed funding led by MaC Venture...
Switzerland based decentralized liquidity management firm raised $1.2m in pre-Seed funding from investors including Circle Ventures,...
San Francisco based lending platform raised $75m in growth funding led by Neuberger Berman.
“We have been thoroughly impressed by Prosper’s approach to managing its business and are thrilled to partner with the company in its...…
The deal, subject to authorities’ approval, would bring to Chipper Cash new online services, a new agent network and entry to Zambia....
The central bank is preparing the penalty, which could land in the second quarter of next year after a yearslong crackdown on the private...
Kenya based B2B supply chain and logistics SaaS startup raised $3m in pre-Seed funding from investors including The 4Di Capital,...
Spain based employee benefits app raised €40m in Series B funding led by Octopus Ventures and Notion Capital.
“What’s unique about Cobee, compared to other players in this space, is their flexible platform, capable of being adapted to different...…
Supply chains face a rethink. Geopolitical fissures have disabled the just-in-time model, unwinding decades of globalization. The danger...
New York based capital provider to B2B SaaS companies raised $3.5m in Seed funding led by 645 Ventures.
"When you speak with Indian SaaS founders, you'd learn that they have a US bank account but never avail of cheaper US capital because...…
Boston based insurance provider raised $2.5m in Seed funding led by MassMutual’s MM Catalyst Fund.
Jay Grayson, CEO and co-founder of Surround, said, “Lifestyles of young adults in their 20s and 30s are changing rapidly and...…
Banks told the Fed they had tightened lending standards on commercial and industrial loans for a variety of reasons, including a more...
Brooklyn based public benefit administration platform raised $6.4m in Series A funding led by Potencia Ventures.
Led by CEO David Helene, Beam provides a platform that helps governments administer a wide range of programs, from rental relief and...…
The number of employers in the UK getting more involved in the financial affairs of their staff is growing. Companies are not only...
The vast majority of users access Twitter on iPhones and Android devices. Apple and Google safeguard those products and operate the...
The big old card companies might look ripe for disruption, facilitating as they do high “interchange” fees levied on merchants (averaging...
John Ray III, who replaced SBF as CEO, noted that many of collapsed crypto group’s subsidiaries have ‘solvent balance sheets’. Ray cited...
A survey of 1000 18 to 14 year olds for the Current Account Switch Service shows that 58% follow TikTok influencers who talk about...
The new app facilitates faster and easier transfer of funds from the diaspora to the African continent. Flutterwave also signed Tobi...
Plaid today announced that after two years in beta, its machine learning (ML) risk engine, Signal, will be available to customers seeking...
Colombia based digital wallet raised $5m in Seed funding led by Cadenza Ventures.
“Zulu is a decentralized wallet where each user holds their own keys and personally custodies their assets within a great user experience...…
New York based neobank focused on LGBTQIA+ customers raised $15m in Series A funding led by Anthemis Group.
"Family creation is a major life event for queer people and the challenges we face are increasingly more complex than those for non-LGBTQ...…
Financial technology companies, long seen as a threat by the likes of JPMorgan, are increasingly becoming acquisition targets for...
FTX suffered a “complete failure of corporate controls” that culminated in an “unprecedented debacle,” its new chief executive officer...
Austin based energy storage platform with tokenized incentives raised $4.2m in growth funding led by Lerer Hippeau and Lattice Capital.
“Our work to date has mostly been around the energy side,” said Badeaux in an interview with The Block. “So, the integration with the...…
Paris based property investment startup raised €15m in growth funding led by GFC, Alven, and localGlobe.
"We are developing a groundbreaking solution that meets the expectations and needs of both young active people and investors," explain...…
Ticketmaster on Thursday said that even though the presale was only available to people who had registered and been invited to...
Ticketmaster is facing mounting scrutiny, including from lawmakers and state authorities, over its sale practices after outcry from...
Thailand based one-click payment startup raised $2.5m in Seed funding led by Sequoia Capital India and Surge.
“Form filling alone could not solve sales conversions, so payments had to be integrated too, ultimately realizing a much larger, burning...…
New York based aggregator of e-commerce software raised $6.3m in Seed funding led by Primary.
"The initial focus is certainly bootstrapped companies because the message really resonates with those founders," says Relay co-founder...…
San Diego based commercial real estate appraisal platform raised $12.7m in Series A funding led by Avenue Growth Partners.
“Valcre has been a disruptor in the appraisal industry for over half a decade, but the explosion of interest in our offering these past...…
Dubai based commission-free investment platform raised $20m in Series A funding led by Valar Ventures.
“When I moved to the region, it was surprising to see that people didn’t invest in digital assets much as there were little to no...…
Cayman Islands based ethereum scaling solution raised $200m in Series C funding led by Blockchain Capital and Dragonfly.
Most of the funding will go toward “building up the team, growing, scaling and being ready to mature as a company,” said Steve Newcomb,...…
San Francisco based health care payments affordability platform raised $20m in growth funding led by 7wire Ventures.
“At PayZen, our mission is to address healthcare affordability for everyone, no matter the stage of care,” Cohen said in a news release....…
Los Angeles and Taipei based freight forwarding startup raised $23m in Series A funding led by Flex Capital and Headline.
“A freight forwarding business is about how to ship cargo from point A to point B. Software can really help, but that’s not their main...…
San Francisco based financial care platform for employers raised $33m in Series B funding led by Obvious Ventures.
“Most employees aren’t looking for financial plans and budgeting products, and they don’t want a financial planner to tell them they are...…
India based embedded finance startup raised $60m in Series B funding led by Bessemer Venture Partners and SIG.
“We want to help and empower the banks, who are our clients, to lend better, lend completely on a digital platform and improve on all...…
Liechtenstein based trading and asset management firm raised €10m in growth funding led by Pinorena Capital.
"We are very eager to support The Trading Pit considering the company's exceptional delivery on all fronts of its original business plan....…
Manchester based alternative payments startup raised £525k in pre-Seed funding led by angel investors.
“I believe Boodil have identified a gap in the market with their proposition, which is being highlighted by the early adoption of their...…
Dubai based short-term property rental platform raised $7.75m in Seed funding led by Nuwa Capital, Nordstar and GFC.
“At some point when I was building software for SMBs to book and manage travel globally, I saw businesses were beginning to do something...…
London based account-to-account payments startup raised $15m in Series A extension funding Insight Partners.
“Banked has a huge ambition and we believe they have built the team and product to tackle such an exciting opportunity in payments. There...…
The collaboration will enable Bank of the West’s small and medium-sized business clients to leverage Extend’s technology to create and...
Celebrating its 25th anniversary, the award recognizes emerging companies based on their revenue growth percentage. CapIntel ranks 5th...
Ten members of the banking community are working with the New York Innovation Center (NYIC), which is part of the Federal...
While leasing from all businesses declined during the pandemic, the tech sector accounted for the largest portion of the leasing that...
A rush to buy tickets for Taylor Swift’s first tour in five years—and five albums—left fans scrambling and distraught as Ticketmaster’s...
Opn, whose investors include Toyota Motor Corp's financial services unit, did not disclose the size of the deal, but a source familiar...
The platform has introduced the new function to Shorts, YouTube’s short-form video offering that was launched in 2020 to compete against...
The company quietly rolled out the price comparison service in the U.S. a few weeks back, and is now extending this into additional...
Liquidity in the market — one crucial measure of how well it is functioning — is at its worst levels since March 2020 after a dramatic...
The sale, which includes other related businesses, will reduce the bank’s capital burdens but also do away with one of its most...
Cinda Asset Management, one of China’s bad debt managers, withdrew its plan to invest 6b yuan for a 20% stake in the consumer finance...
The town was abuzz Saturday after an email spread that revealed that Michael Lewis — the most talented and successful non-fiction writer...
In a tweet, Binance CEO Changpeng Zhao said that the fund aims to reduce the cascading negative effects of the collapse of FTX by helping...
In his initial tweet on transparency, CZ called for exchanges to do “Merkle-tree proof of reserves,” a data structure that encodes...
FTX has filed for Chapter 11 bankruptcy in the U.S., according to a company statement posted on Twitter. Bankman-Fried has also stepped...
New York based wealth management startup raised $11m in Series A funding led by The House Fund.
“Today’s advisors still rely on antiquated processes and outdated technology that ultimately lead to subpar client experiences. We’ve...…
Egypt based consumer credit startup raised $12.5m in new funding led by Sawari Ventures and EIIC.
"So far, Blnk claims to have disbursed over $20 million in loans via a network of more than 300 merchants (half of which are active) to...…
California based real estate investment app, raised $16m in Seed funding led by a16z.
“The home Tellus’ borrowers buy typically is not the starter home. What they are seeking is called a super jumbo loan, which is designed...…
New York based security compliance platform raised $50m in Series C funding led by Fin Capital.
“Compliance has been a top priority for at least the last 10 years, but it’s really dialed up in the last three, where there has been...…
New York based provider of subscription solutions for retailers and DTC brands raised $100m in new funding led by Primus Capital Partners.
“Customer growth rates are the same as they were 10-18 months ago. I wish I could say we did this intentionally but we didn’t…...…
Elon Musk detailed his vision for Twitter’s plan to enter the payments market during a livestreamed meeting with Twitter advertisers,...
Mr. Allen’s trove surpassed the previous, $922m record set in May by New York real-estate developer Harry Macklowe and his ex-wife, Linda...
Binance chose not to go ahead with the nonbinding offer following a review of the company’s finances, the exchange said. “In the...
"In the third quarter, we delivered another quarter of record results," said Dee Choubey, co-founder and CEO of MoneyLion. "We reported...
LatAm based digital payments wallet raised $15m in Seed funding led by Y Combinator.
“Then we said, ‘okay, there are clearly a lot of people working remotely in Latin America looking for higher paying jobs in dollars. Why...…
Brazil based agribusiness capital provider raised $27m in Series B funding led by Lightrock.
"The round will enable Agrolend to expand its credit offering to more than 10,000 small-to-medium-sized farms across Brazil, as the firm...…
Mexico based B2B payments firm raised $60m in new funding led by Industry Ventures, Infinity Ventures and Victory Park Capital.
“The trend shows an evident demand for modernizing financial operations and management. At Mendel we continue to invest heavily on...…
London based crypto on- and off-ramp raised $70m in Series B funding led by Mubadala Capital and Korelya Capital.
“Local payment methods reduce friction and costs for lower-income regions, while being more intuitive and accessible for more people in...…
San Francisco based blockchain intelligence company raised $70m in Series B funding led by Thoma Bravo.
“In the rapidly evolving regulatory landscape, TRM’s capabilities are ever more critical to helping organizations scale and adapt risk...…
Mexico City based embedded mortgage lender raised $7.5m in funding led by Better Tomorrow Ventures and Metaprop.
“In Mexico, five banks and the government originate 99% of the loans. It’s very difficult to have new competitors, because there’s no...…
Sweden based business payment automation startup raised $5m led by Index Ventures.
“This is why Atlar is on a journey to becoming the operating system for bank-based payments. By creating a new category, we hope to...…
New York based startup that helps foreign founders start LLCs in the U.S. raised $8m in Series A funding led by Nexus Venture Partners.
“If we can help people go from zero to point one and get their business off the ground, we think we can increase entrepreneurship...…
New York based DeFi wallet maker for institutions raised $18m in seed funding led by Lightspeed Venture Partners.
“Our solution protects the private keys, but then it also provides all the necessary context for the user to make a meaningful decision...…
San Francisco based digital insurance agency for small businesses raised $22.5m in Series A funding led by Cota Capital.
“Small business insurance is a $100 billion market, and it’s underserved and underinsured. Glow’s approach has all the elements the...…
New York based payments and invoice tracking company raised $4m in Seed funding led by NFX.
"Now valued at about $20 million, Cherry integrates into a company's existing accounting software and bank so customers do not need to...…
San Francisco based payout automation and sales management platform raised $8m in Series A funding led by Lightbank.
“Coming out of the pandemic we’ve seen direct-to-consumer brands hit a major roadblock in expansion, and many leaders are coming to terms...…
French B2B payments startup raised $26m in Series A funding led by Target Global.
“Here we have a solution that automates part of the reimbursements with integrated KYC and AML features as well as instant payments."
LatAm based e-commerce aggregator secured $40m in new funding led by Northgate Capital.
“This shift created a more challenging environment for e-commerce aggregators who benefited strongly from the rapid acceleration seen...…
Algeria based super-app raised $150m in Series B funding led by Bond.
“We thought we could provide on-demand services that solve immediate needs around where people spent their money. We knew if we executed...…
San Francisco based payments and dental practice management platform raised $10m in new funding led by Bessemer Venture Partners and CRV.
“Software has historically been a universal pain point for dental teams and we’re proud that Archy is leading the way in closing that...…
Reorg, a global provider of financial and legal intelligence and data, announced today that it has agreed to acquire FinDox, a leading...
By adopting cloud computing technology to make their systems accessible from multiple locations, financial services companies are...
All told there are 60 lots, which carry an overall estimate of $1b to $1.38b. (The following day comes a second sale with lower-priced...
Though there has been a slowdown in deal count, momentum from the market growth in recent years continues. The record number of closed...
James Zhong of Gainesville, Georgia, pleaded guilty to wire fraud in the theft of about $3.36b in bitcoin stolen from the illegal Silk...
The historic run-up in home prices during the first two years of the pandemic gave homeowners record amounts of new home equity. Since...
Flush with investor capital, technology startups plan to scoop up software developers, engineers and marketers flooding the labor market...
Two titans of the cryptocurrency industry may be squaring off for control of the $1t digital asset market with only one left standing. CZ...
Endowments and foundations reported median losses of 7.8% for the fiscal year ended June 30, and that's actually good news, since those...
BlackRock will allow retail investors to vote on proxy battles for the first time as it fends off criticism that its stance on...
New York based treasury management startup raised $2.8m in Seed funding led by Contrary Capital.
“Ideally, companies should never have a dollar of idle cash, yet there are trillions, floating around in near zero-interest checking...…
Chicago based payments platform for the shipping and logistics industry raised $30m in Seed and Series A funding led by 8VC, Susa...
New York based mortgage servicing software company raised $8m in Series A funding led by Fifth Wall.
“At Haven we believe that an educated homeowner is a confident and valuable one. However, while lenders, servicers, realtors, and home...…
California based alternative assets investing platform raised $90m in Series A funding led by Sequoia.
“Everyone should have a chance to take charge of their financial life in the same way that wealthier and financially savvier people do.”
A man in southern China is keeping his 219 million yuan ($29.9 million) lottery jackpot a secret from his wife and child, saying he was...
The WSJ digs into ‘Ambient computing’ and its promise to change how we interact with the world. But there are still a lot of...
The service, called Fidelity Crypto, will allow investors to buy and sell bitcoin and ether and use custodial and trading...
Block posted $1.57b in gross profit, up 38% from $1.13b a year ago. That beat Wall Street expectations of $1.53b. Block also said in a...
New York based capital markets funding platform raised $7.3m in Series A funding led by Nasdaq Ventures.
“We have been incredibly fortunate to work with some of the most active corporate treasury teams and underwriters over the past two years.”
Decentralized web3 communications protocol raised $12.5m in new funding led by Shopify.
"We want to eventually decentralize fully into a token network," said founder and WalletConnect CEO Pedro Gomes. "We were researching and...…
London based retailer inventory unification platform raised $25m in Series C funding led by Vault Investments.
“Dropit has set out to solve a macro problem created by the retail industry’s duplication of inventory and lack of ability to combine...…
France based B2B payments digitization company raised €26m in Series A funding led by Target Global.
“Here we have a solution that automates part of the reimbursements with integrated KYC and AML features as well as instant payments.”
California based automated underwriting company raised $50m in growth funding led by Insight Partners.
“We're working to build a better future for the financial services ecosystem where underwriting is swift, equitable, and frictionless...…
New York based provider of multifamily property management software raised $4m in Seed funding led by RET Ventures.
"Just a few years after its launch, Travtus has gained significant traction in the market because of its sophisticated machine learning...…
Chicago based commerce data platform raised $25m in Series B funding led by Mercato Partners.
“Since our initial launch in 2019, we’ve created a leading commerce data platform that helps marketers reach their goals.”
Berlin based Ethereum virtual machine hub company raised $27m in Seed funding led by Polychain Capital.
For that reason, blockchains of all sizes “seek to integrate with Ethereum as its robust liquidity and the diversity of its decentralized...…
London based ethical lending company raised £40m in Seed funding led by Active Partners.
“We are thrilled to be working with our newest investment partners to provide a truly ethical alternative to the broken credit scoring...…
Florida based digital payments startup for the insurance claims market raised $3m in seed funding led by Grand Ventures.
“One of our biggest goals is to eliminate the multi-party paper check altogether. After an event like Hurricane Ian you could be waiting...…
Bengaluru based API provider raised $4.7m in Series A funding led by Rapyd Ventures.
“Whenever a fintech startup or a company wants to launch a new product in the market, it takes them a minimum of a few months to launch....…
New York based retirement planning solutions provider raised $6m in new funding led by Primary.
“Big players might offer call centers to have somebody help you with your account, but we’re the only ones giving you a dedicated advisor...…
As Americans flock to buy tickets for the next drawing, it’s a good idea to think about how you would manage that much cash in the...
California based digital card and gifting platform raised $10m in Series A funding led by Seven Seven Six.
“We noticed there was no platform we would actually want to use,” Nicole Green told TechCrunch in an email interview. “In combination, I...…
Virginia based HR tech startup offering customizable employee benefits raised $17m in new funding led by Origin Ventures.
“We also noticed that most companies treat benefits and perks as a one-size-fits-all solution — with standardized offerings that don’t...…
The central bank made its eighth interest rate hike in less than a year, taking its benchmark rate to 3%, the highest it has been since...
New York City based insurtech for embedded insurance raised $70m in Series D funding led by Dawn Capital.
“Inflation is too high, and it’s the bank’s job to bring it down,” Governor Andrew Bailey said at a press conference after the...…
Toronto based restaurant management platform raised $110m in growth funding led by Francisco Partners.
“We integrated with key partners to provide our customers with best-in-class and complementary solutions, all integrated together on a...…
With the new Extend API, SMBs can integrate virtual card issuance into their existing workflows and systems and streamline their...
Consolidation among private tech firms is set to pick up—especially among startups that had to abandon hope of going public this year,...
While the number of enforcement actions filed by the SEC remained steady around 700 in fiscal 2022, the agency obtained orders for some...
Crypto exchange Binance has plunged $500m into Elon Musk’s takeover of social media platform Twitter, with a view to giving crypto a...
Investors in the round include Coinbase Ventures, BlockTower, Scytale and L1 Digital.BlockTower’s backing is more than just a...
Nigeria based proptech company raised $2m in new funding led by Oyster VC.
“We started by understanding the pain points of landlords. Even though they collected rent one year upfront, the default rate of the...…
New York based business lending platform raised $9m in seed funding led by Viola Ventures.
“8 out of 10 small businesses that seek capital for growth, working capital, hiring, seasonality or any other reason- get rejected by...…
Tel Aviv based company building a self-custodial wallet on StarkNet raised $10m in Seed funding led by Pantera Capital.
"this means that even if my phone gets hacked, the hacker does not have access to my seed phrase. These are just some of the things that...…
Singapore based crypto custodian raised $10m in Seed funding led by SCB 10X.
"Southeast Asian markets have some of the highest digital asset and crypto adoption rates in the world, especially in areas such as DeFi,...…
UAE and Saudi Arabia based long-term car subscription service raised $10m in Series A funding led by MEVP.
“We’ve split the full payment of the car into three. Normally, you have a massive downpayment of around 20% and then your monthly...…
Egypt based company digitizing money circles raised $31m in Series B funding led by CommerzVentures.
“Germany didn’t have this culture and at some point, it felt like it made sense to go to the U.K. where they have Asians, Africans and...…
The FTC in the US plans to take the rare step of bringing individual sanctions against the CEO of alcohol delivery company Drizly for...
International private equity firm, Cinven will acquire TaxAct for approximately $720m. Following closing of the transaction, Cinven will...
The bank is piloting a platform it created for property owners and managers that automates the invoicing and receipt of online rent...
The round was led by FinTech Collective and Variant, with additional participants including Robot Ventures, Polygon, Coinbase Ventures,...
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