Bend is taking on Brex and Ramp with a green twist and a $2.5M seed round
Like many other credit cards, Bend offers rewards, though not the usual cash back or points-based fare. Instead, it offers carbon offsets.
A network of knockoff apparel stores exposed 330,000 customer credit cards
If you recently made a purchase from an overseas online store selling knockoff clothes and goods, there’s a chance your credit card number and personal information were exposed. Since January 6,
Pitch Deck Teardown: Card Blanch’s $460K deck for its angel round
We've seen attempts at gathering all cards (credit, debit, loyalty, etc.) in one before, but Card Blanch claims to have a fresh take on the concept.
Varo’s bank charter milestone, more corporate cards and BNPL under a microscope
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TomoCredit raises $22M at a $222M valuation toward its goal of making credit scores ‘obsolete’
When Kristy Kim started TomoCredit in early 2019, she was on a mission to help international students more easily obtain credit. Three and a half years later, that mission has evolved. TomoCredit, wh
African fintechs halt virtual dollar cards after Union54 chargeback fraud surge
Last Friday, Barter, the consumer app of Africa’s most valued startup Flutterwave, told customers via email that they would not be able to access its virtual dollar card service from July 17. Hence,
The first US crypto rewards credit card on the American Express network is here
Credit card companies are trying to sweeten the perks they offer their customers, and American Express is doing just that through a new partnership with crypto wealth management platform and wallet pr
India’s central bank to allow linking credit cards with UPI
India’s central bank proposed on Wednesday an integration between UPI and credit cards in a significant boost for a fast-growing payments protocol that has become the most popular way individual
Google Chrome adds virtual credit card numbers to keep your real ones safe
Google today announced that its Chrome browser will now offer users the ability to use a virtual credit card number in online payment forms on the web. These virtual card numbers allow you to keep you
Egyptian fintech Paymob raises $50M led by PayPal Ventures and Kora Capital
Egyptian fintech Paymob, which enables merchants to accept digital payments online and in-store, announced today it has raised $50 million in Series B funding. PayPal Ventures, the global corporate ve
Concerto snags $21.2M to bring co-branded credit cards to more brands
Co-branded rewards programs like Amex’s longrunning Delta partnership are a major factor in consumers’ credit card decisions. According to a GigaPoints/Ipsos poll, over half of Americans s
Zambian card-issuing startup Union54 raises $12M led by Tiger Global
Zambian card-issuing fintech Union54 has raised $12 million in a seed extension round led by Tiger Global. Other participating investors in this financing round include existing ones such as Vibe VC a
Intergiro de-cloaks as a new fintech startup in ’embedded banking’
“Embedded commerce” started with things like PayPal and has evolved with products like Stripe, many years later. But “embedded finance” is appearing as a new wave in fintech, w
Amazon rows back on threat to stop accepting UK-issued Visa cards
Amazon appears to have rowed back from a public threat to end support for Visa payments in the UK in a dispute over payment fees. The ecommerce giant sent an email to users of Amazon.co.uk today infor
Rho raises $75 million Series B for its one-stop corporate spend and cash management solution
Corporate spend and cash management company Rho today announced that it has raised a $75 million Series B funding round, alongside a redesign and rebranding.
Visa hopes its new crypto consulting arm will help it become cooler than its competition
The world’s largest card company just doubled down on its bid to capture the crypto market. Visa announced today that it has launched a crypto advisory practice for its clients and partners under it
American Express taps Opy for its first US third-party BNPL offering
Credit card companies are seeking to push further into the “buy now, pay later” (BNPL) market. American Express (Amex) announced today that it plans to partner with Opy, the U.S. subsidiary of Aus
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.
Bilt Rewards banks $60M growth on a $350M valuation to advance credit card benefits for renters
The latest round comes just 90 days from Bilt's launch.
MaxRewards banks $3M to reveal best payment methods that reap the most rewards
MaxRewards is a digital wallet app that manages credit cards and automatically activates benefits like rewards, cashback offers and monthly credits.