Ping wants to simplify global payments while helping Latin Americans embrace crypto
Ping users create a free account in U.S. dollars to receive bank transfers in either their local currency or cryptocurrency.
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.
Dutchie Pay wants to help you stop paying in cash for your cannabis
Dutchie Pay is a payment solution designed for the very specific requirements of the legal cannabis market in the U.S. but also indicative of the wider problems faced by cash-based businesses.
African fintech Flutterwave triples valuation to over $3B after $250M Series D
African fintech Flutterwave has raised $250 million in a Series D round that tripled the company’s valuation to over $3 billion in just twelve months. In March 2021, the San Francisco-headquartered
YC-backed Duplo raises $1.3M pre-seed to build financial OS for B2B companies in Nigeria
Startups have sought to use technology to digitize processes in Africa’s B2B e-commerce and retail space over the past couple of years. While many focus on moving products and providing credit, issu
FTC: US consumers lost $770 million in social media scams in 2021, up 18x from 2017
A growing number of U.S. consumers are getting scammed on social media, according to a new report by the Federal Trade Commission (FTC), which revealed that consumers lost $770 million to social media
Meet Paysail, the startup making B2B payments faster using crypto
Companies use invoices to pay for many of their major costs, ranging from materials to contract work. Most still rely on solutions built on top of bank transfers or credit cards to complete cross-bord
Nigerian fintech Abeg faces its biggest test yet after blitzscaling to millions of users
On October 3, “Big Brother Naija,” a reality show sponsored by Nigerian social payments company Abeg, came to a rapturous close after 72 days on air. The show, which commenced on July 24, is the m
A wave of LatAm fintechs are laying down new global commerce rails
When it comes to e-commerce, the world is smaller than ever. Developing a new global financial infrastructure capable of supporting a world dominated by digital commerce is a massive challenge.
Potential winners and losers line up as Plaid pushes deeper into payments
So now Plaid says it’s a payments company. It was only a matter of time, really.
Kushki, an Ecuador-based fintech, raises $86M to build financial infrastructure in LatAm
Just about every week there’s a blockbuster round coming out of South America, but in certain countries such as Ecuador, things have been more hush-hush. However, Kushki, a Quito-based fintech, is b
Cash-and-send fintech startup Diem raises $5.5M seed led by Fasanara Capital
Diem, a London, U.K.-based fintech startup, has raised a seed round of $5.5 million led by Fasanara Capital, and angel investor Chris Adelsbach, founder of Outrun Ventures. Additional investors includ
The next service marketplace wave: Vertical market-networks
The last few decades have produced many successful marketplaces. But why haven't we seen many successful B2B service marketplaces?
Grocery delivery startup Honestbee is running out of money and trying to sell
Honestbee, the online grocery delivery service in Asia, is nearly out of money and trying to offload its business. The company has held early conversations with a number of suitors in Asia, including
With a $10 million round, Nigeria’s Paga plans global expansion
Jake Bright Contributor Share on Twitter Jake Bright is a writer, author and advisor with a focus on global business, politics, and technology. From 2017 to 2020, he was a contributing writer and advi
Olive branches, rubrics and the state of faster payments in the U.S.
The nation relies on systemically important market infrastructures. As you may have guessed, these engines of economy are designed to resist change. That’s not a bad thing. A certain amount of insul