American Express launches cash flow management hub
Corporate card giant American Express is getting into cash flow management, combining assets it acquired through its purchase of Kabbage...
Corporate card giant American Express is getting into cash flow management, combining assets it acquired through its purchase of Kabbage...
Stripe plans to raise roughly $2.5b at a valuation of $55b to $60b. The investment, led by existing investor Thrive Capital, would be...
Israel based crypto security-focused startup raised $9m in Seed funding led by Boldstart Ventures and IBI tech fund.
“We created Hypernative early last year when we saw huge amounts of money getting stolen or phished or scammed in crypto. We saw huge...…
Dallas based cyber insurance startup focused on attack-as-a-service breaches raised $10m in Seed funding led by Hanaco Ventures.
“You don’t need to build complicated products to target SMBs. You just use the AaaS tools. SMBs just don’t have the budget or expertise...…
Israel based equity research startup raised $13m in Seed funding led by Group11.
“In the vast and highly fragmented equity research universe, BridgeWise sees a significant opportunity to meet the needs of underserved...…
Baltimore based clean energy financing platform for businesses raised $20m in Series A funding led by Greenbacker Capital Management.
“We are at a turning point in the clean energy revolution as the solar industry has never experienced this level of economic, social and...…
US based embedded payments processing startup raised $45m in Series B funding led by Commerce Ventures.
SF based provider of software for companies to manage private credit loan raised $17m in Series A funding led by CRV.
“Finley is helping us manage our $300 million credit facility with Goldman Sachs. There are many compliance, reporting, and optimization...…
Paris-based Sorare — which is backed by star players including Kylian Mbappé and Lionel Messi — announced a four-year licensing contract...
Twitter has begun applying for regulatory licenses across the US and designing the software required to introduce payments across the...
Austin based company to power loan repayment, balance transfers and more across fintech apps raises $16m in Series A funding led by a16z.
“Jose and Marco realized that there was an opportunity to provide developers with an embeddable API to add debt repayment to their apps...…
Berlin based cyber insurance company raised €3m in new funding led by Augmentum.
“We have a strong conviction that new risks are driving opportunities in insurtech and cyber represents a fast-growing and...…
New York based interconnected crypto rollup ecosystem raised $7.4m in Seed funding led by Haun Ventures.
“Sovereign’s goal has always been to make scaling blockchains simple. For people who have been in this space for four-plus years, it’s...…
Publicly traded card issuing and payment processing firm Marqeta agreed to acquire Power Finance, a New York-based startup that...
The system will include an analysis of up to 20 stablecoins based on the quality of attestations on the reserves backing them. However,...
Nigeria’s popular payments platform Flutterwave has announced its collaboration with Multichoice Africa to bring back the popular reality...
New York based anti-money laundering, fraud, and counter-terrorism risk detection software provider raised $4.8m in Seed funding led by...
Some of the main changes the pandemic has brought into the world of work for in-house counsel and the function of the general counsel...
European Union lawmakers backed a draft law on Tuesday to implement the final leg of post-financial global bank capital rules, adding...
Klarna has taken a leaf out of Spotify's playbook with the launch of Money Story, a a personal summary of 2022 that provides consumers...
Stripe has become a strategic payments partner for Amazon in the US, Europe, and Canada, processing a "significant" portion of the tech...
The Department of Motor Vehicles has never been an agency that screams innovation. But this may be changing after a collaboration between...
Amazon is launching a digital assets enterprise, according to four sources familiar with the matter, who said that an NFT initiative is...
Texas based digital accounts receivable platform for the construction market raised $3.1m in Seed funding led by Equal Ventures.
“Suppli levels the playing field for independent vendors, allowing them to offer a comprehensive solution with features like text-based...…
Estonia based crime monitoring and compliance platform raised €4m in Seed extension funding led by ffVC.
Taavi Tamkivi, CEO, Salv, says: "The funds allow us to add further functionality to our modular AML toolset and expand to new markets,...…
Reno based crypto wallet based on the Sui blockchain raised $4.2m in Seed funding co-led by Boldstart Ventures and Gumi Cryptos Capital.
"Even compared to Move as used by other blockchains, Sui Move is significantly easier to read and reason about," explained Sui founder...…
Charlotte based commercial lending startup raised $8m in Series A funding led by TTV Capital.
“Even during economic uncertainty, capital is always available – everything just gets a little tighter. Lenders become more selective...…
California based web3 infrastructure and hardware company raised $10m in Seed funding led by Blockchain Capital.
“The metaverse to us is not a virtual space that people go to spend time in. It’s a world in which we can add more context to your real...…
The potential maneuvers are aimed at resolving a lingering problem for Stripe: Some of its veteran employees hold restricted stock units...
German based developer of anti-money laundering and fraud prevention tech raised $17m in Series B funding led by Sands Capital.
“Financial Institutions and regulators need to be able to understand and trust AI-driven decisions,” Hawk AI co-founder and CEO Tobias...…
San Francisco based fraud detection startup raised $25m in Series B funding led by Threshold Ventures.
"The best risk teams are armed with experience and intuition. When something isn’t right, they can sense it. But uncertainty has become a...…
In a bid to see how close technology really is to replacing Wall Street’s army of analysts, experts and money runners, we challenged...
California based collaboration platform for B2B sales raised $10m in Series A funding led by Matrix Partners, Nat Friedman and YC.
“We started Accord to solve frustrating challenges in B2B sales,” Ross told TechCrunch in an email interview. “Customers don’t want to...…
Dubai based accounting and financial compliance startup raised $3m in Seed funding led by Raed Ventures.
“We position ourselves as a full accounting software for SMEs, and we offer three different plans serving businesses looking to send...…
New York based insurance startup for SMBs and gig economy workers raised $2.5m in Seed funding led by Bling Capital.
“The development and adoption of commercial insurance APIs within the insurtech industry has reached a tipping point, enabling innovative...…
United Kingdom based rent-to-own startup for key workers raised £3m in Seed funding led by Axeleo Capital and Outward VC.
Simon Groll, Keyzy’s co-founder, says: “This funding round allows us to accelerate home purchases and meet the surging demand from 1,000...…
San Francisco based sales platform raised $12m in Series A funding led by Mayfield.
“Vartana is a win-win for sellers and buyers of SaaS services and hardware products,” Kella told TechCrunch in an email interview. “It...…
Miami based blockchain development platform raised $60m in Series B funding led by 10T Fund.
“Many of our customers have said it best — ‘In a bear market, we build’ — and we’ve been thrilled with the adoption we’re seeing on...…
New York based life insurance startup raised $25m in growth funding led by AXA Ventures.
“We’ve made life insurance simple and easy to buy, with smarter coverage for families. We’re excited that we can now offer life insurance...…
“Put it on the blockchain" is a phrase that almost became a joke to highlight the supposed uselessness of the distributed ledger...
The SEC didn’t set out to stop the companies from going public, according to a person familiar with the matter, but crypto firms believe...
Big banks are still paying paltry interest on checking and savings accounts despite the Federal Reserve’s steepest rate increases in...
A chaotic open for some stocks listed on the New York Stock Exchange sent chills across Wall Street as dozens of the largest companies in...
Wells Fargo, Bank of America, JPMorgan Chase JPM, and four other banks are working on a new product that will allow shoppers to pay at...
Under the new agreement, Stripe will become a strategic payments partner for Amazon in the U.S., Europe and Canada, processing a...
Singapore based supply chain financing fintech raised $5.2m in growth funding led by Wavemaker Partners.
“Pilon aims to bridge the gap and foster healthier relationships between buyers and suppliers which has been a longstanding concern. We...…
Los Angeles based food supply chain management platform for restaurants that includes payments infrastructure raised $3.5m in Seed...
Mexico based credit tracking and lending company raised $8.5m in growth funding led by Magma Partners.
“Achieving basic financial health in Mexico for around 50 to 60 million people is really hard,” he told TechCrunch. “Two out of three...…
London based blockchain infrastructure company raised $8.5m in Seed funding led by Khosla Ventures, Lyrik Ventures and Near Foundation.
"The companies we currently have re mostly like web2.5 companies, either they used to be on mainnet and they're looking for more privacy...…
Wells Fargo, Bank of America, JPMorgan Chase and four other banks are working on a new product that will allow shoppers to pay at...
The initial focus will be on how a new currency, which Brazil suggests calling the “sur” (south), could boost regional trade and reduce...
Signature Bank tapped its local home-loan bank for nearly $10b in the fourth quarter, among the largest such borrowings by any bank...
California based life insurance sales SaaS raised $17m in Series A funding led by Foundation Capital, Brewer Lane Ventures and...
US based crypto startup founded by former FTX US president Brett Harrison raised $5m in new funding.
"The venture, Architect, will build trading software to make centralized and decentralized crypto markets easier to use for large...…
US based multichain web3 wallet startup raised $4.3m in Seed funding led by Y Combinator.
"While Cypher is much like other non-custodial crypto wallets, which allow users to hold, buy, sell and stake crypto, CEO Kuberan...…
Austin based cross-chain crypto payments platform raised $2.5m in Seed funding led by Distributed Global.
“The user experience for consumers using crypto for payments is fragmented. Web3 consumers continue to give us feedback that moving...…
Austin based tipping, pay and tax compliance platform raised $4.3m in Seed funding led by Next Coast Ventures and Tuesday Capital.
Tennessee based provider of lending and account opening products raised $6.5m in Series B funding led by Patriot Financial Partners.
“While many banks may not think they have the time or resources to elevate their digital experience, Accrue offers an efficient,...…
Bogota based SME financing startup for LatAm raised $27m in new funding led by JPMorgan Chase and International Finance Corp.
“Cross-border supply-chain finance is a capability very few fintechs have because it’s very expensive to build a bank in Europe or in the...…
The Federal Reserve is investigating Goldman Sachs's consumer business to determine whether the bank had appropriate safeguards in place...
Despite the knock BNPL has had in the venture world, demand for BNPL deals has surged among all age groups in the UK, including older...
Genesis' lending unit said it had both assets and liabilities in the range of $1b to $10b, and estimated it had more than 100,000...
1inch's hardware wallet is undergoing its final stages of development and testing before being released for sale later this year. The...
Austin based crypto payment platform raised $2.5m in Seed funding led by Distributed Global.
"The user experience for consumers using crypto for payments is fragmented," said Christopher Ries, COO and Co-founder of SphereOne....…
New York based lending platform raised $2.75m in pre-Seed funding led by Castle Island Ventures and Tribe Capital.
"Arch doesn’t touch or reloan customer funds for any reason, "said Patel – an important distinction after liquidity issues took down...…
The U.S. has reached its $31.4t debt ceiling, the Treasury Department announced on Thursday, with no obvious deal in sight. Treasury...
Malaysia based B2B e-commerce platform raised $13m in new funding led by Zubr Capital.
“B2B ecommerce has a very different dynamic to B2C commerce — instead of high-volume transactional purchases with a rotating cast of...…
New York based commerce platform-as-a-service raised $15m in Series A funding led by Bright Pixel Capital and Eclipse.
“Companies are realizing they don’t have to be technology companies. We talk an awful lot in the industry about headwinds, and those...…
California based usage-based pricing startup raised $15m in Series A funding led by Norwest Venture Partners.
"In a UBP world, metering (usage) is the system of record; not pricing. Pricing is ephemeral…pricing will change, pricing will come and...…
San Francisco based provider of open banking API solutions raised $20m in Series A funding led by Valar Ventures.
“Link effectively combines the best of cards with the benefits of ACH via open banking. From day one, Link focused on building an...…
California based contract management platform raised $27.5m in new funding led by Five Elms Capital.
"We believe the company's unique value proposition, intuitive design and ability to address multiple customer pain points throughout the...…
Bengaluru based payments and financial services firm raised $350m in new funding led by General Atlantic.
"PhonePe is proud to help lead India’s country-wide digitization efforts and believes that this powerful public-private collaboration has...…
Fireblocks, which employs a clever key sharding technology called multi-party computation, encourages customers to independently back up...
ONE by Embroker is a universal application that utilizes AI and machine-learning technologies to generate business insurance products...
Hundreds of federal, state and local U.S. law-enforcement agencies have access without court oversight to a database of more than 150m...
Palo Alto based go-to-market operating system for revenue teams raised $15m in Series A funding led by Vertex Ventures and Sequoia Capital.
"CloseFactor is a provider of an operating system for revenue teams. Using machine learning to automatically curate unstructured...…
South Korea based P2P lender raised $20m in Series C funding led by Bain Capital.
“2022 will be marked as a year of turbulence for fintech, with the global public market adjustment alongside changes in the macro...…
Texas based provider of cart and funnel software for SMEs raised $35m in new funding led by LTV SaaS Growth Fund.
“The pandemic prompted many people to start their own digital businesses. The recent slowdown in tech has not been seen among small...…
California based DeFi market maker raised $2.1m in Seed funding led by FalconX.
“Projects will no longer be forced into paying predatory rates for crucial services, with Elixir helping build permanent and predictable...…
Kenya based credit union digitization company raised $3m in Seed funding led by DOB Equity.
“We think we’ve barely scratched the surface in the Kenyan market. And so, we are just going to be really investing in products and...…
Decentralized ethereum liquid staking protocol raised $3.5m in Seed funding led by A&T Capital.
“Diva is an ultra-light client connecting to existing Ethereum execution and consensus clients via standard APIs.”
Netherlands based B2B payments platform raised €6m in Seed funding led by Connect Ventures.
"Sprinque has been built to enable merchants and marketplaces to offer Pay by Invoice with payment terms in the most seamless way...…
Indonesia based fintech platform for rural banks raised $8.5m in new funding led by East Ventures Growth Fund.
“They have strong local connectivity, but their recent performance has been lukewarm, unable to catch up with digitalization.”
London based web3 infrastructure provider raised $15m in Seed funding led by Framework Ventures.
“We said, ‘Let's try to dominate the region and then use that as a springboard for the rest of the world.’"
Singapore based digital asset market maker raised a $15m in Series A funding led by Foresight Ventures.
"This year there's a lot of market turmoil and if you monitor that realtime, you can even tell if a centralized exchange is stressed or...…
Retail trading platform Robinhood is launching an independent media brand called Sherwood that will be led by veteran tech editor and...
Su Zhu and Kyle Davies are seeking to raise about $25m for a crypto exchange called GTX that will focus on trading in crypto claims,...
Most of the politicians who responded said they handed it over to charities to remove the taint of contributions from executives such as...
The six largest banks in the U.S. have until the end of July to show the impact that climate change could have on their operations,...
Congratulations to portfolio company Boto (a platform for creating no code bots and actions in crypto) for being named one of the SXSW...
Congratulations to portfolio company Anyfin on the announcement of their $30m Series C fundraise, led by existing investor Northzone, and...
Global venture funding reached $415.1B in 2022, marking a 35% drop from a record 2021. Mexico based FTC portfolio company Mattilda was...
The Chinese internet giant started allowing shoppers in Europe to pay for purchases on its international e-commerce platform only after...
Latin American fintech seed deal activity reached 33 deals in Q4 2022, almost doubling from previous quarter levels. Seed activity for...
African payments technology unicorn Flutterwave has entered the running to acquire embedded banking platform Railsr, which has been hit...
Nationwide Building Society has recorded a rise in ATM withdrawals as Brits respond to the cost-of-living crisis by budgeting with...
Before the change, Ma was the control person in Ant, exercising control over the company through related entities in addition to his 10%...
Alloy released a report finding that 27% of respondents lost over $1M to fraud in the last 12 months. Fintech companies and regional...
Massachusetts based market maker for digital assets raised $15m in new funding from Foresight Ventures.
“We aim to connect assets efficiently and transparently with our proprietary technology to provide liquidity across trading venues, DeFi...…
New York based luxury homebuilding platform raised $29m in Series A funding led by Era Ventures.
"Welcome Homes is a one-stop-shop for building the perfect home. You get this beautiful house that you can design online, and six months...…
As per the recent market research study P&S Intelligence, the cyber insurance market was valued 11.9b in 2022, which is projected to...
Insurance executives have been increasingly vocal in recent years about systemic risks, such as pandemics and climate change, that test...
JPM is suing the leaders of Frank, a financial-aid business it bought for $175m in 2021, alleging they duped the bank by making up...
Madrid based DeFi startup raised $5.4m in new funding led by Shima Capital.
“Securing this funding given ongoing and difficult market conditions is a massive show of confidence and a significant reaffirmation of...…
Wilmington based startup building a decentralized capital markets protocol raised $7.2m in new funding led by 1kx and Castle Island...
Israel based revenue optimization startup for B2B SaaS companies raised $8.5m in Seed funding led by Eight Roads and TechAviv.
“Coho AI has developed a unique data consolidation platform that models the business value of a software-as-a-service company and maps it...…
SF based accidental payments mitigation startup raised $22m in Series A funding led by Norwest Venture Partners.
“There is no one majority reason why payments fail. That’s why our business succeeds. You have to build a machine learning solution to...…
Congrats to portfolio company Mondu on the announcement of their Series A extension round, led by Valar Ventures and FinTech Collective....
FTX lawyers also told the judge overseeing the bankruptcy case that the amount of the shortfall in FTX customer funds isn’t yet clear....
Philadelphia based insurtech startup raised $6.4m in Seed funding.
"Propeller was able to construct our funding from multiple strategic partners within the industry, all of whom believe in our mission to...…
Israel based cross-border trade financing company raised $111m in new funding led by Team8.
"In the 25 years since, the trade financing landscape hasn't evolved in any meaningful way or kept pace with the needs of SMEs operating...…
The service, which allows third-party merchants to offer Prime benefits like free shipping and returns on their own apps, was initially...
Fidelity said its purchase of Shoobx is a sign of its commitment to the private market “and will help to satisfy an increasing demand...
U.S. Bankruptcy Judge Michael E. Wiles this week allowed Voyager to move forward with an updated asset purchase agreement with Binance.US...
Vestwell will provide a SMB component to Carson Group’s new Carson Complete 401(k) offering, a program that will allow advisors to...
Railsr (which was previously known as Railsbank) is in talks with rival suitors including Africa's largest payments technology company...
More Americans are leaning on their credit cards in the face of rising prices. And as interest rates continue to climb, that debt is...
SF based social crypto wallet raised $14.2m in Seed funding led by Lobby Capital.
“We want to deliver to the world a new way to engage with web3 but also a new digital wallet. We think the digital wallet space is huge...…
Swiss based SME banking startup raised €3m in new funding led by TX Ventures.
London based provider of legal spend analytics and matter tracking software raised $7m in new funding led by Molten Ventures.
"One of the factors that make Apperio so unique is its collaborative approach to legal spend management. Where many existing solutions on...…
Missouri based health payments startup raised $40.5 million in Series B funding led by Mercato Partners Traverse Fund.
“Fundamentally, we believe the healthcare journey deserves its own financial products that enable equitable access to care. Our platform...…
Boston based insurtech startup raised $7.2 million in Series A funding led by Spark Capital.
“The majority of insurance in the country, especially property and casualty insurance, is sold through independent insurance agents, and...…
For Nuvei, which also listed in the United States in 2021, buying Paya will increase its American business as well as its exposure to...
Lloyd’s of London insurer Beazley has launched the first cyber catastrophe bond, opening up one of the fastest-growing areas of the...
Starting on Jan. 30, a Department of Labor rule will take effect that explicitly allows fiduciaries to consider climate change and other...
Mr. Ma doesn’t hold an executive role at Ant or sit on its board, but is a larger-than-life figure at the company. He has controlled Ant...
SF based rental property management startup raised $21.5m in Series B funding led by Avanta Ventures.
“Other companies might take that upside but we believe then that incentives are misaligned. What we offer is a risk-adjusted guarantee...…
London based insurtech focused on SMEs and high-growth tech companies raised £45m in Series B finding led by BHL UK.
“Insurance has a more complex value chain than most tech businesses, in that you need to focus on both your acquisition strategy as well...…
The FT writes that Alibaba investors should be wary of China’s enthusiasm for the digital renminbi. This central bank digital currency...
OpenAI, the research lab behind the viral ChatGPT chatbot, is in talks to sell existing shares in a tender offer that would value the...
Massive crypto lender Genesis Global Trading laid off 30% of its staff and is considering filing for bankruptcy, the latest sign of...
Malte Huffman, co-founder of Mondu is interviewed this week about the launch of Mondu, what they achieved in 2022, and the positive...
Coinbase will pay a $50m fine and invest a further $50m into strengthening internal compliance programs after regulators found that...
Palo Alto based platform enabling P&C insurers to fully automate claims and underwriting journeys raised $7m in Seed funding led by...
India based lending platform raised $100m in new Series D funding led by Advent International.
“We are delighted to welcome a long-term financial and strategic partner in Advent. This reinforces the confidence in our profitable...…
Banks — despite their deep pockets — are poised to lose their battle with fintech companies over talent, technology, and ultimately...
Nigeria will ban cash withdrawals from government accounts from March 1 to tackle illicit activity and push toward a cashless economy....
California based wallet company raised $5m in Seed funding led by Jump Capital.
"Their approach is to introduce enterprises onto the layer one... and then with that, attract the users of these enterprises."
India based rural digital lending platform raised $35m in Series C funding led by Elevar Equity.
“The fundraise will boost our mission of putting more power in the hands of rural households by enhancing our technology platform,...…
Washington based contract lifecycle management company raised $25m in Series D funding led by Brookfield Growth.
“Bringing to life complex objects like obligations, service levels and pricing mechanisms, and using this to realize hard-dollar savings,...…
Saudi based SME financing company raised $28m in Series A funding led by STV.
“Manafa is planning to launch a new set of products that tackles the quick access to financing and capital, and empowers small and medium...…
India based personalized credit company raised $75m in Series E funding led by Apis Partners.
“Our performance and growth over the past two years has allowed us to drive our mission of true financial inclusion in India with great...…
Indonesia based banking and digital finance platform raised $250m in growth capital led by Mitsubishi UFJ Financial Group.
“Southeast Asia is key and a second market to MUFG. Our investment in Akulaku will further solidify our commitment in this region to meet...…
Italians still use cash more often than the eurozone average — for around 69% of in-person transactions, but that too is down 13% since...
Global regulators are set to sharpen their scrutiny of hedge funds, clearing houses and pension assets this year after a run of crises...
CapIntel Link will provide Mackenzie with access to meaningful data insights that reflect what their network of financial advisors are...
The China Banking and Insurance Regulatory Commission said it approved Ant Group’s request to increase the amount of registered capital...
Financial firms have spent years beefing up their rosters of tech workers, getting into bidding wars with the likes of Apple and Google...
Denmark has discovered an unexpected benefit of a cashless society after bank robberies in the Scandinavian country fell to zero. Figures...
Prosecutors have accused him of stealing billions of dollars of customer funds from FTX and of defrauding investors and lenders to his...
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