Fintech

India’s KreditBee raises $80 million from Azim Premji’s Premji Invest, Motilal Oswal Alternates, among others

The digital loans business in India has been the subject of a lot of controversy, not least for over-predatory and un-transparent practices, yet that’s existed alongside the rise of a handful of

X1 gets 50% valuation boost, aims to give consumers a way to buy stocks via credit card reward points

X1, a consumer fintech startup which recently launched an income-based credit card to the public, has raised an additional $15 million in funding.  This round caught our attention for a few reasons.

Spend management platform Teampay expands partnership with Mastercard, raises $47M

In 2016, Andrew Hoag, formerly a senior manager at Verisign and a web project lead at NASA’s Ames Research Center, founded Teampay, a platform that attempts to automate the software purchasing p

CRED acquires CreditVidya

CRED is acquiring CreditVidya, a SaaS startup that helps firms underwrite first-time borrowers, in the latest of a series of investments from the Bengaluru-headquartered fintech as it broadens its inf

As Pipe’s founding team departs, tensions rise over allegations

On November 22, alternative financing startup Pipe announced that its three co-founders were stepping down from their executive roles and that a search for a new, “veteran” CEO had commenced. In a

AirTree and Greycroft return to lead Australian regtech FrankieOne’s Series A+

FrankieOne, a Melbourne-based startup that provides an API platform for identity verification and fraud detection, said it has added $23 million AUD (about $15.4 million USD) in a Series A+, taking it

Atoa helps UK merchants cut down on card processing fees

Visa and Mastercard payments are convenient for customers but can cost merchants high processing fees. Atoa Payments wants to provide a cheaper alternative that is still easy for customers to use. The

Pipe’s founding team stepping down as hunt for ‘veteran’ CEO begins

The three co-founders of alternative financing startup Pipe are stepping down from their roles as executives of the company in one of the most dramatic management shake-ups seen in the fintech startup

Taktile raises $20M to help fintech companies test and deploy decision-making models

The logic behind many fintech companies’ automated decisions — decisions that determine whether a customer is approved for a credit line, for example — is hard-coded into their app&#8217

The backlog of IPOs in fintech keeps growing as valuations continue their retreat, report says

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Plaid names former Meta exec as its new payments head

Plaid today announced that it has named Meta veteran John Anderson to serve as its new head of payments. The fintech startup has slowly been evolving its offerings beyond its core product of account l

Zulu banks $5M for its LatAm digital wallet amid shaky ground for crypto

Zulu enables users to save in secure digital dollars and send free cross-border payments while also protecting against traditional currency devaluations.

Unit’s banking-as-a-service platform is getting into the charge card game

If the banking-as-a-service fintech Unit does its job right, it will be ubiquitous among businesses and simultaneously have a name unknown to the end user. The company gives companies a way to embed f

TechCrunch+ roundup: Bootstrapping basics, fintech’s future, tech employers gain advantage

Are you planning to play League of Legends during your next investor pitch? (If so, reading this probably isn’t a good use of your time.)

What goes up must come down

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Pet insurance startups chase the market as pet ownership booms among Gen Z and millennials

Walk through any public park these days and you will see a hell of a lot more dogs than you might have three years ago. The loneliness of the pandemic lockdowns led to an explosion in pet ownership. P

a16z-backed Tellus wants to offer consumers a much better savings rate. Here’s how.

Crypto is not having a good week, as Bitcoin crashed to under $17,000 — its lowest level in two years. The stock market continues to post declines as layoffs abound. Meanwhile, inflation recentl

In times of crisis, fintech startups should take the long view instead of hibernating

If you look past the current downturn, it's likely your startup will have higher chances of survival if you hold on to specialized talent.

Former Tink employees launch Atlar, a payment automation startup

Stockholm-based startup Atlar raised a $5 million (€5 million) seed round led by Index Ventures. The company has been working on an application programming interface (API) that facilitates bank-to-b

The fintech layoffs just keep on coming

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