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Credit Sesame launches a digital banking service focused on improving credit scores
Credit Sesame is getting into digital banking. The credit and loans company, first launched at TechCrunch Disrupt in 2010, has since grown to 15 million registered users and, in 2016, achieved profita
Daily Crunch: Coronavirus prompts more conference cancellations
Google cancels its big developer conference, Justin Kan’s legal startup shuts down and Robinhood offers more details about a recent outage. Here’s your Daily Crunch for March 4, 2020. 1. G
Could lessons from the challenger bank revolution kick-start innovation on the climate crisis?
Now that the world is swimming in data we may be able to address the climate and environmental risks to the planet. But while there is plenty of capital to invest in things like ClimateTech, a lot of
Money-transfer startup Remitly launches Passbook, a neobank aimed at immigrants
Last summer, the Seattle-based startup Remitly closed a $135 million round to go beyond money-transfer services into a wider range of financial products catering to its primarily-immigrant customer ba
Trump’s travel ban could extend to Africa’s top tech country, Nigeria
The Trump administration is poised to add several African countries to a U.S. travel ban list, including Africa’s top tech hub, Nigeria. Politico first reported the White House is considering Ta
Court rules Mike Rothenberg must fork over more than $31 million to settle SEC allegations
Mike Rothenberg, the once high-flying VC bent on bringing the party to Silicon Valley, must now pay a whopping $31.4 million to settle a California federal court ruling in favor of Security and Exchan
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
Into Africa: tech leaders weigh in on Jack Dorsey’s planned move to the continent
It’s not every day that the CEO of a large Silicon Valley tech company decides to relocate to a different part of the world in order to learn more about it — particularly when it has been
Who will the winners be in the future of fintech?
In a world where people access their financial services through one universal hub, which companies are the best-positioned to win?
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.
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.
A look at Latin America’s emerging fintech trends
Because many Latin American gig economy workers don't have access to basic financial services like bank accounts, personal loans and insurance, fintechs are springing up to serve them.
Salv, the anti-money laundering startup founded by ex-TransferWise employees, picks up $2M seed
Salv, an anti-money laundering (AML) startup founded by former TransferWise and Skype employees, has raised $2 million in seed funding. The round is led by Fly Ventures, alongside Passion Capital and
Vinted, the second-hand clothes marketplace, raises $141M at a $1B+ valuation
The market for second-hand clothes — the “circular economy” as it’s sometimes called — has been on the rise in the last several years, fuelled by economic crunches, a des
Where are US fintech’s next billion-dollar startups?
As fintech investments soar to new heights, investors are looking at the bottom and top levels of the services stack to find the next billion-dollar startups. That’s the word from seasoned inves
Brex wants to replace startup bank accounts with Brex Cash
Brex announces its newest product, Brex Cash, onstage at TechCrunch Disrupt.
Upstart banking company Dave is now worth $1 billion, as Norwest puts in $50 million
Two years after the Los Angeles-based fintech startup Dave launched with a suite of money management tools to save consumers from overdraft fees, the company is now worth $1 billion thanks to a nascen
Fractional home ownership startup Divvy raises $43m series B to build a path from rent to purchase
There is no more important savings asset for most American families than owning a home, but the dream of ownership has turned into a nightmare. Homeownership, which peaked in 2004 at around 70%, hit i
Nigerian online-only bank startup Kuda raises $1.6M
Nigerian fintech startup Kuda — a digital-only retail bank — has raised $1.6 million in pre-seed funding. The Lagos and London-based company recently launched the beta version of its online mobile
Justice Department indicts 80 individuals in a massive business email scam bust
The Justice Department has indicted dozens of individuals accused of involvement in a massive business email scam and money laundering scheme. Thom Mrozek, a spokesperson for the U.S. Attorneys Office