Banking

Francophone African super app Gozem grabs $5M to expand and offer more services

Gozem, a super app that provides a host of services — including transport, e-commerce and financial services in Francophone Africa — has raised $5 million in Series A financing, the compan

Algeria’s Yassir picks up $30M to build a super app in North Africa

Yassir, an Algerian startup that provides on-demand services such as ride-hailing and last-mile delivery, has raised a $30 million Series A round. The investment came from a long list of VCs and angel

Thought Machine closes $200M for its cloud native banking SaaS and becomes a unicorn

Thought Machine, a 2014 (Xoogler) founded startup that sells cloud-based b2b banking services, has closed a $200 million Series C round and announced that it’s achieved unicorn status (aka, pass

Vauban, an AngelList-like platform for VCs and angels to run and raise funds, closes $6.3m

It’s always been a slight puzzle why AngelList never really properly took off in Europe, especially when, a few years ago, there was such a dearth of funding options for poorly served European start

Coinbase acqui-hires team behind BRD crypto wallet

As crypto proponents look to onboard a new generation of users, one of the major consumer onramps has been a host of consumer wallet apps with slick interfaces. Today, Coinbase announced that it is br

Kaszek leads Z1’s latest round as it develops its bank app aimed at LatAm teens

The new capital will provide support as the company aims to grow 10 times over the next 12 months and add new features to enhance the financial inclusion and literacy of customers. 

This Week in Apps: Apple defends app ad buying, Spotify gains lyrics, Instagram kills Threads

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a re

In Amazon scuffle, Visa’s loss could be Affirm’s gain

Let's look at why BNPL is becoming a more attractive payment option for big e-commerce companies like Amazon and Walmart, as well as merchant marketplaces like Square and Shopify.

US banks must soon report significant cybersecurity incidents within 36 hours

U.S. financial regulators have approved a new rule that requires banking organizations to report any “significant” cybersecurity incident within 36 hours of discovery.  Under the rule, banks must

Airwallex raises $100M at a $5.5B valuation to expand its business banking and payments platform globally

E-commerce and other online businesses are becoming increasingly global in their operations and customer bases, and a startup called Airwallex — which has built a banking solution that addresses

Jiko announces partnership to launch a banking app for the transgender community

Jiko, a fintech startup that uses customer deposits to purchase short-term treasury bills, announced its first banking-as-a-service (BaaS) client today. It will partner with Euphoria, a technology sui

South African payments gateway Ozow raises $48M Series B led by Tencent

According to a 2019 report by Deloitte, about 80% of South Africans have a bank account but only 24% of them make more than three transactions monthly. Unlike other African countries, South Africa als

3 ways fintech companies can help retailers launch financial services

As retailers expand banking opportunities, they will need help positioning their products, keeping them safe and selling to end users. Now is your chance to make connections in that world.

EasySend raises $55.5M for a no-code platform to build online interactions with customers

No-code continues to permeate the many layers of enterprise IT, where traditionally non-technical workers have had to rely on technical experts to get things done, and startups building these tools ar

Aplazo takes in $27M to increase adoption of BNPL in Mexico

Since its seed round, Aplazo grew its total processing volume more than eight times and in less than a year has partnered with over 1,000 merchants.

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.

Debt-as-a-service provider Sivo wants to power the next generation of lending startups

Sivo wants to do for debt what Stripe did for payments: Make it as easy to access a debt facility as plugging into an API.

Notabene raises $10.2M to help crypto exchanges comply with new global regulations

Notabene, a New York, NY-based crypto compliance SaaS startup, has raised $10.2 million in a Series A funding round co-led by F-Prime Capital and Jump Capital. The latest investment brings Notabene’

Fidelity, Visa and Kingsway back South African fintech JUMO in $120M round

JUMO, a South Africa- and London-based company that offers financial services to entrepreneurs and businesses in emerging markets, has raised $120 million in a new round of funding led by Fidelity Man

Once focused on mortgage banking, Blend is now going after the broader fintech market

Since it was founded in 2012, Blend has signed up some of the biggest banks in the country. Now, it’s setting its sights on the startup and fintech market, hoping to power fast-growing digital lende
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