What’s going on with fintech venture capital investment?
Over the next few weeks, the venture capital industry will compile and release data concerning its Q4 2020 performance, capping a year that saw the world of private capital freeze,…
Read More »Venmo adds a check-cashing feature, waives fees for stimulus checks
Venmo this morning announced it will begin to offer a new check-cashing service, “Cash a Check,” in the Venmo mobile app. The feature, which is being rolled out to select…
Read More »EarlyBird’s new app lets families and friends ‘gift’ investments to children
A new fintech startup called EarlyBird wants to help families invest in their children’s financial futures. Through the EarlyBird mobile app, parents in just a few minutes can create a…
Read More »China lays out ‘rectification’ plan for Jack Ma’s fintech empire Ant
What a whirlwind holiday for Jack Ma and his fintech empire. The People’s Bank of China, the country’s central bank, summoned Ant Group for regulatory talks on December 26, announcing…
Read More »Singapore-based open finance startup Finantier gets backing from Y Combinator
Being “underbanked” doesn’t mean that someone lacks access to financial services. Instead, it often means they don’t have traditional bank accounts or credit cards. But in markets like Indonesia, many…
Read More »Fintech startups are increasingly focusing on profitability
Fintech startups have been massively successful over the past few years. The biggest consumer startups managed to attract millions — sometimes even tens of millions — of users and have…
Read More »From startups to Starbucks: The embedded API opportunity
Simon Wu Contributor Share on Twitter Simon is an investment director with Cathay Innovation, a global venture capital firm investing across North America, Europe, Asia and Africa. He focuses on…
Read More »Lydia raises another $86 million to build a European financial super app
French fintech startup Lydia has extended its Series B round. Accel is leading the extension with all major existing shareholders also participating. Lydia first raised $45 million in January 2020…
Read More »Revolut launches mid-tier subscription plan
Fintech startup Revolut is tweaking its subscription plans with a new mid-tier offering called Revolut Plus — it costs £2.99 per month. Like N26 Smart and Monzo Plus, the new…
Read More »Revolut lets businesses accept online payments
Fintech startup Revolut is launching its own acquiring solution. With this move, the company is competing directly with Stripe, Adyen, Braintree or Checkout.com. This is an in-house product and not…
Read More »