financial services

Fintech predictions and opportunities for 2023

While 2022 was largely about the reset of the funding environment, 2023 will be a year of recalibration for fintech companies.

Visa dives deeper into crypto as FTX-linked debit card expands outside US

This FTX-branded Visa debit card will link directly to users’ accounts so people can pay for items and services with their crypto balance in FTX wallets.

Fintech app Portabl raises $2.5M to help consumers securely store financial data

It provides identity management and protection for financial services, banking and consumer apps.

Allocations just got valued at $150M to help private equity funds lure smaller investors

Interest in alternative investments such as private equity, real estate and crypto continues to surge, and Miami-based fintech startup Allocations is riding the wave. Less than three years after its f

Southeast Asian fintech Fazz raises $100M Series C to serve businesses of all sizes

Fazz, the Southeast Asian digital financial services group created by the merger of Payfazz and Xfers, announced today that it has raised a total of $100 million in Series C funding. This includes $75

3 investors explain why earned wage access startups are set to cash more checks

It always feels good to get paid, so it’s no surprise that a payroll model like earned wage access (EWA), which lets employees withdraw their accrued wages at any time, has exploded in popularity.

KKR dives into Avalanche blockchain to tokenize and ‘democratize’ financial services

KKR & Co. is tokenizing a part of one of its private equity funds — a step that may provide institutional private market strategies to more individual investors.

Nigerian financial management app for merchants Kippa bags $8.4M in new funding

Kippa, the Nigerian startup improving the lifecycle of small businesses across the country with its financial management and payments platform, has raised $8.4 million in an oversubscribed seed round.

NowNow raises $13M seed, plans to scale its ecosystem of financial products across Africa

In 2011, the Nigerian government launched a financial inclusion initiative and set a target to include 80% of the country’s adult population. Although only a target of 64% was met by the end of

An action plan for founders fundraising in fintech’s choppy waters

If your business isn’t working, it’s critical to understand why and make adjustments — and that can mean letting your runway get dangerously low or making difficult choices about preserving capi

Nigerian digital bank Kuda is the latest African startup to lay off employees

Kuda, the challenger bank based in Nigeria and the U.K., has joined the ranks of tech companies in Africa that are pruning their workforce. The news of the layoffs, which was first disclosed to TechCr

Block launches Cash App Pay beyond the Square network

Block’s (formerly known as Square) Cash App is now letting users make payments on e-commerce sites outside the Square network. Until now, users could only make payments using Cash App Pay on Squ

To reach fintech’s next level, infrastructure providers must address these pain points

As long as infrastructure providers are able to specialize to address the pain points of their customers, they can be an asset to any market they serve.

Solid banks $63M for easier deployment of embedded fintech products

By utilizing APIs and a few lines of code, Solid enables customers to embed fintech products and get them up-and-running quickly.

Nigerian YC-backed startup Anchor comes out of stealth with $1M+ to scale its banking-as-a-service platform

In 2015, the emergence of fintechs such as Flutterwave and Paystack changed the game for online businesses in Africa by making it easier to integrate payments into customer interfaces without building

Guesty books $170M to double down on property management tools for Airbnb and other rental platforms

Platforms like Airbnb have boomed with more consumers (and business users) than ever before keen to stay in private properties when traveling or working away from their usual home base. That’s a

Are debt financings the new venture round for fintechs startups?

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Wire grabs fresh funding for secure messaging tech that’s big with G7 governments

More funding for European end-to-end encrypted messaging app, Wire: The enterprise-focused messaging platform told TechCrunch it closed a €24 million Series C round of funding led by growth equity f

Some frank advice for open source startups seeking product-market fit

Unlike most software companies, open source startups have two journeys for finding product-market fit: building a product that users can use for free, and then building features that they will pay for

Q3 outlook forecasts cloudy days ahead for fintech M&A

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