Visa announced today that it is buying financial services API startup Plaid for $5.3 billion. Plaid develops financial services APIs. It is akin to what Stripe does for payments, but instead of faci
In recent years, the venture capital and startup worlds have seen a significant shift towards globalization. More and more startups are going global and breaking borders.
Companies in Seattle raised a record $3.5B in VC funding this year.
In a world where people access their financial services through one universal hub, which companies are the best-positioned to win?
Fintechs are heavily verticalized, recreating the offline branches of financial services by bringing them online and introducing efficiencies, but the next decade will look very different.
Sleek, a startup that is making it easier for other startups and companies to incorporate and operate in Singapore and Hong Kong, said today it has extended its seed financing round to raise $5 millio
European Union finance ministers have agreed to a de facto ban on the launch in the region of so-called global “stablecoins” such as Facebook’s planned Libra digital currency until t
One of the biggest trends in the world of financial technology has been an ongoing push towards consolidation, where larger fish are snapping up smaller fish (including a proliferation of interesting
E-commerce continues to gain momentum — a trend we’ll see played out in the next two months of holiday shopping — and with that comes more consolidation. Today, Elavon, the payments
There’s a strategic cost to the defection of Visa, Stripe, eBay and more from the Facebook-led cryptocurrency Libra Association. They’re not just names dropping off a list. Each potentially made L
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where each week we discuss other people’s copious dollars and lacking sense. This week was special! Kate and Alex we
Credit cards have become all but ubiquitous for consumer transactions, and it isn’t hard to see why. By intermediating payments, networks like Visa allow buyers and sellers to exchange money for goo
After a week of launching new services to bring payments giant Stripe into the areas of lending and credit, the company is announcing another big step forward to fuel its growth: it’s raising an
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Last week, when the popular payments startup Stripe made some waves with its first move into money lending through the launch of Stripe Capital, we reported that the company was also soon going to be
While the software revolution started out slowly, over the past few years it’s exploded and the fastest-growing segment to-date has been the shift towards software as a service or SaaS...
A year ago we broke the news that payment giant Stripe was quietly making its first move into business finance by testing a service for advancing cash to existing customers. Now, nearly 12 months on t
tY Combinator, the genesis for many of the companies that have shaped Silicon Valley including Airbnb, PagerDuty and Stripe, has minted another 200 some graduates. Half of those companies made their p
In this week's newsletter: Everything you need to know about the Vision Fund II.
Another day, another monster fintech venture round. This morning, it was personalized banking app MoneyLion, which raised $100 million at a near unicorn valuation. Last week, it was N26, which raised