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Bird is testing Bird Pay, which lets users purchase items from local businesses using its main app

Another on-demand transport app is making a move into payments to expand the existing relationship with its customers (and subsequent margins that it makes from serving them). Bird today announced th

Venmo prototypes a debit card for teenagers

Allowance is going digital. Venmo has been spotted prototyping a new feature that would allow adult users to create for their teenage children a debit card connected to their account. That could poten

Founders Fund confirms $3 billion in new capital across two funds

Founders Fund, the investment firm led by its controversial co-founder Peter Thiel and partners Keith Rabois and Brian Singerman, has closed on $3 billion in new capital across two investment funds, T

Israel’s maturing cybersecurity startup ecosystem

It often feels like half of the new security startups that receive funding are from Israel. As YL Ventures’ Yoav Leitersdorf and Ofer Schreiber wrote last month, investments in Israeli cybersecu

Chargebee offers free subscription billing to Extra Crunch members for up to $100K in revenue

Extra Crunch is excited to announce a new community perk from automated subscription billing startup Chargebee. Starting today, annual and two-year members of Extra Crunch can receive free subscriptio

Greylock’s Reid Hoffman and Sarah Guo to talk fundraising at Early Stage SF 2020

Early Stage SF is around the corner, on April 28 in San Francisco, and we are more than excited for this brand new event. The intimate gathering of founders, VCs, operators and tech industry experts i

A conversation with ‘the most ambitious female VC in Europe’

Blossom Capital, the venture capital firm co-founded by ex-Index Ventures and LocalGlobe VC Ophelia Brown, just raised a new $185 million fund. The firm’s remit remains broadly the same: to be t

Teller raises $4M to take on Plaid in the US by providing API access to bank accounts

“They’re idiots, they’re really naive,” is how Stevie Graham, the co-founder of fintech Teller, once described Open Banking Limited, the body charged with delivering open banki

Nigeria’s Paga acquires Apposit, confirms Mexico and Ethiopia expansion

Nigerian digital payments startup Paga has acquired Apposit, a software development company based in Ethiopia, for an undisclosed amount. That’s just part of Paga’s news. The Lagos based

Open banking platform Tink raises €90M at a post-money valuation of €415M

Tink, the European open banking platform, is disclosing €90 million in new funding, just 11 months after the Sweden-headquartered company announced a €56 million round of funding. Co-leading this

Bolt raises €50M in venture debt from the EU to expand its ride-hailing business

Bolt, the billion-dollar startup out of Estonia that’s building a ride-hailing, scooter and food delivery business across Europe and Africa, has picked up a tranche of funding in its bid to take

Former Google Pay execs raise $13.2M to build neo-banking platform for millennials in India

Two co-founders of Google Pay in India are building a neo-banking platform in the country — and they have already secured backing from three top VC funds. Sujith Narayanan, a veteran payments ex

2019 saw a stampede of fintech unicorns

Two years ago, we created the Matrix FinTech Index to highlight what we saw as the beginnings of a 10+ year mega innovation wave in financial services.

Fintech’s next decade will look radically different

Fintechs are heavily verticalized, recreating the offline branches of financial services by bringing them online and introducing efficiencies, but the next decade will look very different.

PayPal completes GoPay acquisition, allowing the payments platform to enter China

PayPal this morning announced it has completed its acquisition of a 70% equity stake in GoPay (Guofubao Information Technology Co. [GoPay], Ltd.), making PayPal the first foreign payment platform to p

Klarna CEO says ‘maybe’ of taking public Europe’s most valuable fintech next year (but he’s not ruling out another round, either)

Yesterday at TechCrunch Berlin, we sat down with Sebastian Siemiatkowski, the co-founder and CEO of Klarna, a 15-year-old company that’s currently the most highly valued privately held fintech i

PayPal’s exiting COO Bill Ready to join Google as its new president of Commerce

In June, PayPal announced its Chief Operating Officer Bill Ready would be departing the company at the end of this year. Now we know where he’s ending up: Google. Ready will join Google in Janua

Essential tools for today’s digital nomad

There could be as many as 1 billion remote workers by 2035, but the world isn't ready for the digital nomad movement.

Facebook Viewpoints pays users for well-being surveys & tasks

Facebook is launching a new market research, task, and product testing program that lets users earn money. Starting today, people in the US who are over 18 can download Viewpoints and participate in a

Daily Crunch: PayPal acquires Honey

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe her
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