Chime

VCs decipher the recent fintech layoffs — and why they’re happening now

Fintech unicorns and decacorns are not immune to challenging economic and fundraising conditions. VCs unpack what's going on.

Digital bank Chime is cutting costs across the board – including 12% of staff

Digital bank Chime confirmed today that it is laying off 12% of its workforce, or about 160 people. The Information first reported the news. According to an internal memo obtained by TechCrunch, Chime

The profit divide running through the neobanking sector

While it is possible to build a neobank that isn't bone-grafted to the venture capital markets, it can be a very long road to get to that point.

How e-commerce companies can brave the new retail environment

Even with inflation, and a potential recession on the horizon, now is the time to reach out to existing customers and stick with them through the ups and downs.

What’s a fintech even worth these days?

Fintech was the hottest thing around last year, a fact that may now turn into a venture capital and startup headache.

DX exits stealth mode looking to help developer teams be more productive

DX is now emerging from stealth with 5,000 developer teams from companies including Chime and Upwork on board.

Crypto startup Ledger teams up with Cathay Innovation to launch $110M sector fund

Cathay Innovation is hoping to secure the bag in a new investment partnership with a company that secures crypto assets. The $1.5 billion venture capital firm is entering the crypto market with a new

Daily Crunch: Key Twitter executives depart following Elon Musk ownership deal

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

New bank, who dis? Lifestyle-focused neobank Cogni pivots to web3

Digital banking startup Cogni is joining the ranks of companies hopping on the crypto bandwagon. The mobile-based platform, founded in 2018 out of Barclays’ accelerator program (which is operate

Sleek wants to be the last shopping check-out form you ever fill out

Sleek is developing a browser extension enabling one-click checkout and cash-back savings.

Intel’s plan to free Mobileye brings welcome IPO heat check

The Mobileye IPO really does matter for the startup market’s largest players, and a host of smaller, less well-known tech startups that would also like to exit, thank you very much.

Is it time to worry about fintech valuations?

Unless you own many shares of financial technology startups, this will be fun.

Nu shares slump on Q4 results, a canary to still-private fintechs

What do Nu's earnings – and the resulting investor response – mean for Chime and other neobanks on the cusp of pursuing their own public offerings?

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.

Daily Crunch: After clinching $12.3B valuation, Brex hires Meta exec as chief product officer

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

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.

Chime’s Chris Britt and Menlo Ventures’ Shawn Carolan to talk fintech on TechCrunch Live

In a world where fintech is so hot right now, and investors are being swept up by their excitement for the space, Chime has managed to ride the wave to near perfection. The company has raised upwards

Fintech founders can learn a lesson about frugality from these industry leaders

Venture-backed fintechs raised a record $30.8 billion in the second quarter of this year, up 30% over the same quarter last year. But how are fintech founders spending it all?

Men are a niche demographic

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Danny was back, joining Natasha and Alex and Grace and Chri

Extra Crunch roundup: The Nuro EC-1, early-stage growth tactics, understanding Salesforce+

"With these self driving cars, it's only a matter of time before a country song is written about a guy's truck leaving him."
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