Revolut

Former Revolut employees launch Solvo, an app that simplifies crypto investing

Meet Solvo, a new mobile app that wants to make it easier to invest in cryptocurrencies and cryptocurrency-related financial products. The two founders, Ayelen Denovitzer and Shailendra Sason, met whi

Daily Crunch: Revolut advises users to take caution after hacker breach triggers phishing campaign

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

Sardine raises $51.5M led by a16z to sniff out fishy fintech transactions

As fintechs become more efficient, so too do fraudsters. “Faster instant payments mean faster fraud,” Sardine CEO and co-founder Soups Ranjan told TechCrunch. That’s the thesis behin

Revolut confirms cyberattack exposed personal data of tens of thousands of users

Fintech startup Revolut has confirmed it was hit by a highly targeted cyberattack that allowed hackers to access the personal details of tens of thousands of customers. Revolut spokesperson Michael Bo

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

Revolut to allow users to donate to the homeless via the Beam crowdfunding platform

The world is entering a huge cost of living crisis, which will inevitably result in a rise in homelessness. But donating to homeless people has yet to go fully digital. Challenger bank Monzo allowed t

Validio, a data quality platform based out of Sweden, emerges from stealth with $15M

Data quality has been shaping up as a salient and increasingly critical part of the world of data science: Enterprises are sitting on growing troves of information, but it’s only useful if we ca

Mono aims to be ‘first bankingless bank’ for Latin America’s small businesses

Mono is building a fully digital bank with accounts that can be opened in around 15 minutes versus an average of two weeks at an incumbent bank. 

Gemini lays off 10% of workforce as the ‘crypto revolution’ enters its ‘contraction phase’

Crypto platform Gemini has cut approximately 10% of its workforce, per co-founders and twin brothers Cameron and Tyler Winklevoss. In a post announcing the news, the duo attributed the layoffs to “t

Cheq hopes an easy-to-use app for stablecoins will appeal to inflation-wracked countries

People in the Global South are often subject to terrible fluctuations in their currencies, as well as hyperinflation. At the same time, many are unbanked, but still able to access a crypto wallet. A w

In the wake of Fast’s collapse, Volume thinks it can crack the payment checkout conundrum

Online payment methods can be expensive for merchants, who have to pay between 2% and 8% of every sale to debit and credit card, e-wallet and BNPL facilitators. Much of this is often passed to consume

Immigrant credit fintech Pillar raises $16.9M pre-seed led by Global Founders Capital and Backed VC

Immigrants to a new country can often be cash rich. The problem is that they have no credit history in their new country. Plus, a consumer cannot take their credit file from one country to another. Fu

Anglo-Hungarian anti-fraud platform SEON pulls in a $94M Series B led by IVP

Last year, SEON, which has an anti-fraud platform designed to fight accounts raised a $12 million Series A. It does this by looking at a customer’s ‘digital footprint’ – especially their s

UK fintech startup Leatherback raises $10M for its cross-border payments led by ZedCrest

Immigrants, international students, and the migrant population in general all require international payments, or foreign exchange. Revolut and Wise are among those platforms to have taken advantage of

As Russians head for the exits, Immigram platform launches to scale professional migration

The number of applications for international visas in the U.K. and elsewhere, in order to leave Russia, has exploded following the latter’s invasion of Ukraine. It’s estimated that since Febru

TrueCircle scoops $5.5M to use AI to drive recycling efficiency

UK-based TrueCircle, a computer vision startup founded just last year, has nabbed $5.5 million in pre-seed funding in a bid to bring data-driven AI to the recycling industry to improve recovery rates

Sardine’s algorithm helps crypto and fintech companies detect fraud

It’s a great time to be in the fraud detection business in crypto and fintech. Crypto in particular has faced some high-profile scams recently, and many companies operating within the ecosystem are

Employees can count on Addition Wealth for free, holistic financial planning services

As companies fight to retain workers amid the “Great Resignation,” many are offering enhanced benefits packages to employees. Financial wellness benefits, in particular, are on the rise, especiall

Vivid Money, a financial super app, raises $114M at an $886M valuation to expand in Europe

Vivid Money, a challenger bank out of Berlin with 500,000 customers, has made a name for itself with a financial one-stop shop “super app” that, in addition to basic checking and money man

Tanzanian fintech NALA raises $10M seed to build Revolut for Africa

NALA, a Tanzanian cross-border payments company that recently pivoted from local to international money transfers, said Thursday it has raised $10 million in a new fundraising round. The seed round is
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