TransferWise
For remittances, crypto is still a problem looking for a solution
Are remittance payments really ripe for crypto disruption? And can DeFi help what a16z's state of crypto report calls the "huge part of the world [ … ] underserved by existing financial institutions
Printify bags $45M, led by Index, to ride the custom printing boom
The creator economy loves merch, which is great news for on-demand custom printing startups such as Latvia-based Printify — today it’s announcing a $45 million Series A round, led by Index
Grocery delivery startup Membo is hungry to build a Europe-wide, local food producer network
Estonia-based Membo — which is backed by Y Combinator and will be presenting at the incubator’s Summer 2021 Demo Day next week — is aiming to take a slice of the premium end of groce
Owning the paycheck is the key to fintech success
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week, Natasha and Danny, otherwise known as your two new favori
Wise announces plans to go public via direct listing
Wise, the fintech company formerly known as TransferWise, has announced that it wants to become a public company on the London Stock Exchange. Instead of following the traditional IPO route, Wise plan
Croatia’s Gideon Brothers raises $31M for its 3D vision-enabled autonomous warehouse robots
Proving that Central and Eastern Europe remains a powerhouse of hardware engineering matched with software, Gideon Brothers (GB), a Zagreb, Croatia-based robotics and AI startup, has raised a $31 mill
Pale Blue Dot aims to be Europe’s premier early-stage climate investor and has $100 million to prove it
When Hampus Jakobsson, Heidi Lindvall and Joel Larsson, all well-known players in the European venture ecosystem, began talking about their new firm Pale Blue Dot, they began by looking at the problem
TransferWise rebrands as Wise ahead of an expected IPO
“Ten years in, TransferWise is now Wise,” screams the press release that landed in my in-box late last week. The fintech giant, most recently valued by private investors at $5 billion, is
Emerging as an Eastern powerhouse, Earlybird Digital East Fund launches new $242M fund
Earlybird Digital East Fund — a fund associated with Germany’s Earlybird VC, but operating separately — has launched a €200 million ($242 million) successor fund. The fund’s focus will remai
Acapela, from the founder of Dubsmash, hopes ‘asynchronous meetings’ can end Zoom fatigue
Acapela, a new startup co-founded by Dubsmash founder Roland Grenke, is breaking cover today in a bid to re-imagine online meetings for remote teams. Hoping to put an end to video meeting fatigue, the
Uncapped picks up another $26M to offer revenue-based finance to European entrepreneurs
Uncapped, the London-headquartered and Warsaw-based startup that offers “revenue-based” finance to European businesses so that founders don’t have to give up equity stipulated by venture cap
TransferWise reports accelerating revenue growth to 70% in its March, 2020 fiscal year
TransferWise, a European fintech unicorn, announced the financial results of its fiscal year ending March, 2020. The company posted strong growth, continued profit and new customer records. TransferWi
TransferWise confirms new $5B valuation following $319M secondary share sale
TransferWise, the London-headquartered international money transfer service, is disclosing that it is now valued at $5 billion by private investors, confirming an earlier Sky News report. The new valu
Plum raises $10M for its ‘smart’ money management app
Plum, the London and Athens-based fintech that offers a “smart” money management app to help you improve your “financial resilience,” has raised a further $10 million in fundin
LocalGlobe and TransferWise’s Taavet Hinrikus back ‘frictionless finance’ startup Radix
Radix, a U.K. startup that’s building a decentralised finance protocol on which new financial apps can connect and be built on top of, has raised $4.1 million in new funding. Backing the company
TransferWise to offer investment products but has ‘no plans’ to become a bank
TransferWise, the London-headquartered international money transfer service recently valued at $3.5 billion, has secured an additional license with U.K. regulators to enable it to offer investment pro
Remessa Online raises $20 million to become the TransferWise of Latin America
Remessa Online, the Brazilian money transfer service, said it has closed on $20 million in financing from one of the leading Latin American venture capital firms, Kaszek Ventures, and Accel Partners&#
iBanFirst raises $23.8 million for its borderless financial services
French startup iBanFirst has raised a $23.8 million (€21 million) Series C round from Elaia and Bpifrance’s Large Venture fund. Previous investors include Serena, Breega and Xavier Niel — Serena
BlackRock backs Trustly, bank transfer payments platform now valued at over $1B
Online payments are often synonymous with card payments, but today a startup that’s built a profitable alternative, based around making and taking payments by way of a bank transfer, is announci
Fintech startups amass war chests for the economic downturn
Consumer fintech startups were massively successful in 2019, attracting millions of new users and disrupting traditional retail banks and financial services with mobile-first, consumer-oriented produc