Fintech

Hundreds of SPACs waiting in the woods

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. The fully vaxxed and officially fully immune took over the podcast

BRD’s Blockset unveils its white-label cryptocurrency wallet for banks and other enterprise clients

Blockset, the blockchain infrastructure platform for enterprises by BRD, announced early access to its wallet-as-a-service today. The white-label solution gives clients, like financial institutions, t

Vietnamese flexible pay startup Nano raises $3M seed round

Nano Technologies, a startup that lets workers in Vietnam access their earned wages immediately through an app called VUI, has raised $3 million in seed funding. The oversubscribed round was led by re

Pomelo raises $9M to build a payments infrastructure for LatAm fintechs

Pomelo, a startup building a fintech-as-a-service platform for Latin America, has raised $9 million in a seed round of funding. The Buenos Aires-based startup’s new infrastructure aims to allow fint

Sanlo raises $3.5M to help apps and games gain access to financial insights and capital

Having a great idea for an app or game is one thing, but scaling it to become a successful business is quite another. A new fintech startup called Sanlo aims to help. The company, which is today annou

Brazil’s Divibank raises millions to become the Clearbanc of LatAm

Divibank, a financing platform offering LatAm businesses access to growth capital, has closed on a $3.6 million round of seed funding led by San Francisco-based Better Tomorrow Ventures (BTV). São Pa

Treasury Prime raises $20M to scale its banking-as-a-service biz

This morning Treasury Prime, a banking-as-a-service startup that delivers its product via APIs, announced that it has closed a $20 million Series B. The capital comes around a year since the startup a

Why TransUnion led blockchain fintech Spring Labs’ $30M Series B

Consumer credit reporting agency TransUnion recently announced it had invested an undisclosed sum in Spring Labs, which is building out a blockchain-based data-sharing platform. Now, TechCrunch has ex

Lili, a neobank aimed at freelancers, raises $55M as it passes 200K users

A startup that has built a neobank specifically to address the needs of freelancers and sole traders has picked up a growth round to continue expanding its business after seeing its usage grow by 1,50

Is buying and selling short positions in pre-IPO stock next? This fintech startup is banking on it

Even the most sanguine industry observer has to be stunned at times by the pace of dealmaking right now. Not quite halfway through 2021, startups are routinely closing new rounds just months apart and

Aspire’s business accounts reach $1B in annualized transaction volume one year after launching

Singapore-based Aspire, which wants to become the financial services “one-stop shop” for SMEs, announced that its business accounts have reached $1 billion in annualized transaction volume one yea

This founder raised millions to build Fair, a neobank for immigrants

Fair, a multilingual digital bank and financial services platform, is launching to the public after raising $20 million in 40 days earlier this year. Founder Khalid Parekh raised the capital primarily

Credit Karma reinvents cash-back rewards with instant payback

Credit Karma Money, a new checking and savings account from the company best known for its credit monitoring service, recently launched a significant new feature. Called Instant Karma, the program rew

GajiGesa, a fintech focused on Indonesian workers, adds strategic investors and launches new app for micro-SMEs

GajiGesa, a fintech startup that provides earned wage access (EWA) and other services for workers in Indonesia, has added strategic investors to help it launch new services and expand its user base. I

Payments, lending and neobanks rule fintechs in emerging markets, report says

Tech investments in emerging markets have been in full swing over the past couple of years and their ecosystems have thrived as a result. Some of these markets like Africa, Latin America and India, ha

Chime has agreed to stop using the word ‘bank’ after a California regulator pushed back

Chime might call itself the “fastest-growing fintech in the U.S.,” but it has agreed to stop referring to itself as a “bank,” per a new report out of American Banker. Evidently

With backers like Tiger Global, LatAm crypto exchange Bitso raises $250M at a $2.2B valuation

Bitso, a regulated crypto exchange in Latin America, announced today it has raised $250 million in a Series C round of funding that values the company at $2.2 billion. Tiger Global and Coatue co-led t

Will fintech unicorn Flywire’s proposed IPO reach escape velocity?

What we're looking at here is a fintech unicorn IPO. A great way to kick off the week, to be honest, though I'd thought that Robinhood would be the next such debut.

Wealthsimple raises $610M at a $4B valuation

Canadian fintech giant Wealthsimple has raised a new round of $750 million CAD (~$610 million) at a post-money valuation of $5 billion CAD (~$4 billion). The round was led by Meritech and Greylock, an

Emotional marketing and an e-mail titan walk into a bar

My mom cuts to the chase when she is describing my beat to others. In her words, I cover companies like Uber before they become companies like Uber. And honestly? I can’t exactly disagree with the d
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