finance
Microsoft may end up as the real winner of the OpenAI chaos that reigned over the weekend, and its rallying stock price is indicative of that. Upon the shocking news…
Allo is a new app that aims to help people create positive habits with their finances through mindfulness
Allo, a new financial app that can be described as Headspace for personal finance, is aiming to help users meaningfully engage with their finances without becoming overwhelmed with numbers and…
Avalanche Foundation to invest $50M in asset tokenization on its blockchain
The Avalanche Foundation is allocating up to $50 million to purchase tokenized assets created on its layer-1 blockchain, the company exclusively told TechCrunch. The initiative, Avalanche Vista, aims to highlight…
Building a fintech startup isn’t an easy task, as you have to deal with complex regulation and make sure that your service is extremely reliable because you’re handling money. That’s…
Finfra lets Indonesian businesses add embedded finance to their platforms
Finfra, an Indonesian startup that provides the tech infrastructure for online businesses that want to offer embedded finance products, has raised $1 million in new funding. The round included participation…
Typical financial planning and analysis teams spend the bulk of their time on data-gathering and administering processes. That’s because they often have to deal with cumbersome systems and software tools,…
First Republic’s results are proof that the SVB meltdown was brutal for smaller banks
First Republic reported revenue and profit above analysts’ expectations, but for investors, other concerns outweighed the good results.
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As companies shift from growth to efficiency, what does it mean for tech budgets?
It’s clear that companies are scrutinizing spending more, but that doesn’t necessarily mean they’re cutting their IT budgets.
For Black founders and investors, ringing Nasdaq’s opening bell symbolizes progress
“We’ve come a long way, but we still have a long way to go,” one investor told TechCrunch about the event.
“Every company is a fintech company” is a common adage, but in today’s environment, the shift may be more about survival than serendipity.
Amazon has secured an $8 billion loan in anticipation of market headwinds. Provided by DBS Bank, Mizuho Bank and others, the loan — which will mature in 364 days (January…
Consumer finance app Djamo eyes Francophone Africa expansion, backed by new $14M round
Last February, Djamo announced that it got accepted into Y Combinator, the first from Ivory Coast. Months later, the two-year-old fintech has raised $14 million in funding from the famed…
TechCrunch+ roundup: Due diligence roadmap, employment law basics, YC’s Michael Seibel
There’s no nice way to say this: when it comes to onboarding new employees, most early-stage startups are either inept or uninterested.
OurCrowd announces its new $200M Global Health Equity Fund
OurCrowd, the global crowdfunding venture firm, today announced its newest fund. As the organization announced at today’s Clinton Global Initiative event in New York, it is partnering with the WHO…
Fintech app Portabl raises $2.5M to help consumers securely store financial data
It provides identity management and protection for financial services, banking and consumer apps.
In a shot across the bow to the buy now, pay later (BNPL) industry, the U.S. Consumer Financial Protection Bureau (CFPB) today issued a report suggesting that companies like Klarna…
Allocations just got valued at $150M to help private equity funds lure smaller investors
Interest in alternative investments such as private equity, real estate and crypto continues to surge, and Miami-based fintech startup Allocations is riding the wave. Less than three years after its…
The alternative asset class needs new infrastructure — who will build it?
Just as traditional alternatives are becoming a consistent part of the modern portfolio, a new era of alternative assets is emerging, fueling a broader and more fragmented landscape for investing.
Kaszek, YC back DolarApp’s mission to ‘dollarize’ Latin America’s finances with crypto
With DolarApp, users can open a bank account going from peso to dollar dominated stablecoin USD Coin (USDc) and back in seconds.
TechCrunch+ roundup: Dotcom crash history lessons, post-M&A strategies, climate tech heats up
Today at noon PT/3 pm ET, Anna Barber, partner at M13, will join us on a Twitter Space to talk about how today’s startup operators can avoid many of the…
KKR dives into Avalanche blockchain to tokenize and ‘democratize’ financial services
KKR & Co. is tokenizing a part of one of its private equity funds — a step that may provide institutional private market strategies to more individual investors.
Workday turns more modern and personalized with new interface makeover
Workday, which offers a set of services to help companies manage people and finances, was one of the earlier enterprise SaaS companies, launching way back in 2005, coming online about…
Runa Capital kicks off new fund as it joins the VC ‘Scramble for Europe’ by moving to Luxembourg
TechCrunch understands Runa Capital, which launched in 2010, has raised $55 million toward its fourth fund, aiming for a target of $250 million. The company is declinging to comment. However,…
VC funds still rolling as Northzone announces largest fund, while Salkantay is largest Peru fund
Northzone and Salkantay Ventures join other venture capital firms in raising their largest funds to date.
For LatAm payment orchestration startups, market fragmentation is a blessing in disguise
To be successful in Latin America, payment orchestrators must provide a robust value proposition that meets the unique conditions of the region.
Stockholm’s EQT Growth closes $2.2B to fund scaling European startups like Vinted, Mambu and Epidemic Sound
The days of European startups relocating to the U.S. if they want to grow (and raise money to do so) have been receding in the rearview mirror for a while…
Want to survive the crypto winter? Start by inspiring regulatory confidence
Today’s weather may be harsh, but the next phase of cyrpto is coming. Those who can inspire regulatory confidence will be better positioned to be on its leading edge.
Hebbia raises $30M to launch an AI-powered document search tool
Hebbia, a startup developing AI-infused search tools, today announced that it raised $30 million in a Series A round led by Index Ventures with participation from Radical Ventures. Of note,…
COVID-19 has reshaped our lives in many ways and given rise to a plethora of services tailored to these newborn needs. Waysia, an Asian grocery delivery platform, is one such…
Varjo, an early mover in building XR headsets and software for enterprises, taps $40M
Applications in the metaverse often feel like more of a marketing gimmick than something that a critical mass of consumers would use, let alone pay for. But turn to the…
