Fintech

YC-backed digital bank Onyx Private tells customers it’s closing their accounts

Miami-based Onyx Private, a Y Combinator-backed digital bank that provided banking and investment services for high-earning Millennials and Gen Zers, is terminating its bank operations. In a March 13

Stripe’s growth continues to impress as total payment volume tops $1 trillion

The company says it was cash flow positive in 2023, and plans to be again in 2024. With $8.7 billion in venture capital it likely means it has little to no need to raise more before it goes public.

‘Banking-as-a-Service’ startup Griffin raises $24M as it attains full banking license

Founded by former Silicon Valley engineers, UK-based Griffin Bank, has now raised $24 million (£19 million) in a fresh, extended Series A, funding round.

Why does every startup want to help you get paid?

Welcome to TechCrunch Fintech (formerly The Interchange)! This week, we’re looking at the piping hot global payroll space, neobank Dave’s financial results and related stock boost, and mor

Flush with cash, French fintech unicorn Qonto acquires Regate

While many entrepreneurs are currently facing the harsh reality of a VC funding crunch, Qonto isn’t one of them. The Paris-based business banking startup still has hundreds of millions of cash on ha

Harness Wealth wants to bring sophisticated tax planning to the masses

Harness Wealth, which started in 2018 primarily offering financial advice to startup founders and employees, has expanded into the tax advisory space and raised a $17 million extension to its Series A

Monzo, the UK challenger bank with 9 million customers, raises $430 million

London-based fintech company Monzo raised a late-stage funding round of $430 million (£340 million), confirming a report from the Financial Times from a few weeks ago. Following this round, the compa

2-year-old LatAm fintech Yuno reaches $150M valuation with backing from DST Global Partners, Tiger, a16z

The company launched its payments orchestration product in 2022 and provides over 300 payment methods with fraud-detection capabilities, one-click checkout and advanced smart routing technology.

When startups fail, these startups clean up

Welcome to TechCrunch Fintech (formerly The Interchange)! Apologies for being out last week — a cold got the best of me, but I’m back and here to talk about the fact that shutting down startups is

Nubank CEO dishes on the neobank’s profit surge and how tourist VCs in LatAm have gone home

Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our

Fintech giant Stripe’s valuation spikes to $65B in employee stock-sale deal

Payments infrastructure giant Stripe said today it has inked deals with investors to provide liquidity to current and former employees through a tender offer at a $65 billion valuation. Notably, the v

Spain’s Embat, which has raised $16M, plans to compete with Trovata in real-time accounting

For obvious reasons, financial teams can spend a great deal of time on corporate treasury management, accounting and bank reconciliation, so anything that speeds up that process usually garners a lot

Grifin’s new model can automatically invest your money as you shop

Investing app Grifin today officially launched its anticipated investing model called “Adaptive Investing,” which enables you to automatically invest in your favorite brands that you frequently sh

PayPal Ventures’ first AI investment, a credit-based dating app and Robinhood’s good week

Welcome to TechCrunch Fintech (formerly The Interchange)! This week, we’re looking at a new finance-based dating app, Robinhood’s earnings results and the startup in which PayPal Ventures made

Cash App takes on Apple with a 4.5% APY for savings accounts (with direct deposit)

Apple’s recent move to boost the interest rate for its Apple Card Savings Account to 4.5% is now prompting a competitor to do the same. Cash App today announced it will now offer “up to&#8

YC-backed Cambio puts AI bots on the phone to negotiate debt, talk to a bank’s customers

A Y Combinator-backed startup called Cambio is bringing AI to the banking world in a surprising way: It’s putting AI bots on the phone with companies and consumers. The startup began by offering

Score is a new dating app for people with good to excellent credit

You must have at least a 675 credit score to use it.

Maybe we’ll finally see a fintech IPO in 2024

Welcome to TechCrunch Fintech (formerly The Interchange)! We’re back after a brief hiatus, and I can tell you that judging by the volume of pitches I received last week, venture investing in the

Here are the fintech startups that could go public in 2024

Could 2024 be the year for fintech IPOs? Quite possibly, according to F-Prime Capital’s State of Fintech 2024 report. F-Prime — a VC firm with over $4.5 billion in assets under management that

SUMA Wealth grabs $2.2M as its financial platforms reach 1M users

SUMA Wealth’s platforms have seen 62% annual user growth, while revenue increased nearly five times in the past year.
Load More