stripe
Manara gets $3M to grow tech talent pool in the Middle East and North Africa
Edtech startup Manara has raised $3 million in pre-seed funding for its cohort-based training platform geared toward growing the tech-talent pool in the Middle East and North Africa (MENA) region.…
Hi all, it was a roller coaster of a week in the world of fintech as I published two separate articles on startup layoffs and a nine-figure funding round in…
RaliCap gets backing from global VCs and launches $30M fintech fund for emerging markets
RaliCap, an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund. Last month, the firm, formerly known as Rally Cap Ventures, reached its first close…
From partners to competitors: What Stripe’s latest move means for Plaid
Earlier today, payments giant Stripe announced a new product that fills in some significant gaps in its play to be the financial services layer for merchants and other businesses whose…
Stripe flexes its fintech muscle with Financial Connections to pull banking data automatically
Stripe, the payments behemoth valued at $95 billion a year ago and now reportedly inching closer to an IPO, today announced a new product that fills in some significant gaps…
Norebase raises $1M to allow companies start, scale, and operate in any African country
Startup pitches with promises to provide various services to Africans — across different sectors — are commonplace now. And in trying to sweet-talk investors, what’s not taken into context or…
Daily Crunch: Twitter to allow developers to build third-party apps
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Stripe launches crypto support in Connect, starting with payouts for creators on Twitter
Back in October 2021, Stripe announced that it would be re-entering the cryptocurrency market — ending a four-year hiatus with hype around crypto definitely not abating. Today, some six months…
Did Stripe raise at a price that it cannot defend, as many other startups and unicorns did last year?
Sequoia’s Doug Leone steps down, making way for new global head Roelof Botha
Storied venture capital firm Sequoia Capital announced today that leader Doug Leone would be stepping aside from his role as “Senior Steward” to be replaced by Roelof Botha, managing partner…
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The 26 crypto startups that Y Combinator is backing in its W22 batch
Crypto was big at YC this batch. Y Combinator Demo Days returned yet again with another ballooning heap of startups. In the old days, a gaggle of TechCrunch reporters would go to the Demo Day in person, write up the presentations of each startup and hobnob with VCs during the breaks, but in a post-pandemic…
ClearBank, a UK banking rails provider, raises $230M from Apax to expand into Europe and the US
ClearBank — a UK fintech that has built a new set of cloud-based financial rails that allows banks and other customers real-time clearance on payment transactions and other financial services…
Payrails emerges from stealth with $6.4M led by a16z to build the OS for payments
Payments — taking and paying out money — remains a fragmented and complex area for merchants, marketplaces and others that do business with multiple parties online. As it grows —…
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Tiger Global is earning its stripes in Africa
You can count on one hand the number of funds bigger than Tiger Global. But in terms of influence, speed and number of investments made since 2021, Tiger has led the pack alongside Sequoia. Last year, the New York-based firm, known for its famous bets on Stripe, JD.com, Meituan and Roblox, raised $6.7 billion for…
Rutter is building a universal e-commerce API for reading and writing data so that tech customers can integrate with commerce platforms and access financial data points.
Payments giant Stripe already powers a pretty major swath of the web’s financial infrastructure, now it’s launching crypto payments support to give customers an easier path to onboard web3 users…
Forma raises new funding to make employee benefits more flexible
Companies across the board are fighting to recruit and retain employees as the war for talent rages on. Employee benefits are no longer viewed as a cookie-cutter, standard set of…
Archive back with fresh funding as it builds community marketing space
Its first products were a Shopify app that automatically detects, classifies and saves Instagram stories, and Archive Communities, which makes influencer marketing programmatic.
The latest list of YC-backed companies worth over $150M is the most geographically diverse yet
In 2018, Y Combinator released its first mega list of the top companies valued at $150 million or more that have gone through the accelerator. Over the past four years, it’s…
Privacy Shield 2.0 is ‘high priority’ but ‘not easy’, warns EU’s Vestager
Agreeing a new data transfer agreement with the US is a “high priority” for the EU, Margrethe Vestager, the bloc’s executive VP for digital strategy, said yesterday — but she…
TikTok star Charli D’Amelio and family back Facetune maker Lightricks
Charli D’Amelio is the most-followed and highest-earning creator on TikTok, but the 17-year-old superstar and her family are now looking beyond their short-term riches from short-form video. Today, the D’Amelio…
Clickatell raises $91M to scale its chat commerce platform and US expansion
The global chat commerce’s total addressable market is worth an estimated $80 billion and is seen as the third big wave of digital commerce after e-commerce and app commerce markets.…
New York’s Thrive Capital closes its eighth fund with a whopping $3 billion
Thrive Capital, the venture firm founded in 2009 by a then 25-year-old Joshua Kushner, says it has closed its eighth fund with approximately $3 billion in capital commitments, $500 million…
Still managing engineers remotely? Okay has a performance dashboard for that
In the past year, the company saw both its revenue and customer base grow around 10 times.
MoneyHash gets $3M to build a super-API for payment operations in Africa, Mideast
Large merchants, particularly those that operate in more than one geography, have to support an array of payments methods. Each payment integration requires in-house technical work and the remodeling of…
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Fintech outperformed the market in 2021, and it’s set to do even better
We were bullish on fintech when we launched the Matrix Fintech Index in 2017, but even we underestimated the magnitude of the growth to come.
Wayflyer raises $150M on a $1.6B valuation for a new spin on providing loans to e-commerce merchants
E-commerce has continued to boom in the wake of the COVID-19 pandemic, but running an e-commerce business has also become significantly more chaotic, with unpredictable supply chains, logistics hiccups and…
Following his fiery Twitter tirades, Bolt founder Ryan Breslow is no longer CEO — and he says it’s his choice
Ryan Breslow, who founded the “one-click” checkout tech company Bolt as a Stanford student and dropped out of college to build it, is stepping away as the company’s CEO seven…
Routefusion raises $10.5M round to simplify cross-border payments
Routefusion co-founders Colton Seal and Richard Scappaticci attempted to launch a neobank in 2016, but they ran into significant hurdles when trying to integrate with banks to help their customers…
Ford signs 5-year agreement with Stripe to scale e-commerce
Ford Motor Company has signed a five-year agreement with Stripe, an online payment processor, to scale the automaker’s e-commerce capabilities. Stripe will facilitate transactions for vehicle orders and reservations, handle…
