Monzo, the UK challenger bank with 9 million customers, raises $430 million
London-based fintech company Monzo raised a late-stage funding round of $430 million (£340 million), confirming a report from the Financial Times from a few weeks ago. Following this round, the…
Read More »2-year-old LatAm fintech Yuno reaches $150M valuation with backing from DST, Tiger, a16z
The company launched its payments orchestration product in 2022 and provides over 300 payment methods with fraud-detection capabilities, one-click checkout and advanced smart routing technology. © 2024 TechCrunch. All rights…
Read More »When startups fail, these startups clean up
Welcome to TechCrunch Fintech (formerly The Interchange)! Apologies for being out last week — a cold got the best of me, but I’m back and here to talk about the…
Read More »Nubank CEO dishes on the neobank’s profit surge and how tourist VCs in LatAm have gone home
Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This…
Read More »Fintech giant Stripe’s valuation spikes to $65B in employee stock-sale deal
Payments infrastructure giant Stripe said today it has inked deals with investors to provide liquidity to current and former employees through a tender offer at a $65 billion valuation. Notably,…
Read More »Spain’s Embat, which has raised $16M, plans to compete with Trovata in real-time accounting
For obvious reasons, financial teams can spend a great deal of time on corporate treasury management, accounting and bank reconciliation, so anything that speeds up that process usually garners a…
Read More »Grifin’s new model can automatically invest your money as you shop
Investing app Grifin today officially launched its anticipated investing model called “Adaptive Investing,” which enables you to automatically invest in your favorite brands that you frequently shop from. Grifin was…
Read More »PayPal Ventures’ first AI investment, a credit-based dating app and Robinhood’s good week
Welcome to TechCrunch Fintech (formerly The Interchange)! This week, we’re looking at a new finance-based dating app, Robinhood’s earnings results and the startup in which PayPal Ventures made its first…
Read More »Cash App takes on Apple with a 4.5% APY for savings accounts (with direct deposit)
Apple’s recent move to boost the interest rate for its Apple Card Savings Account to 4.5% is now prompting a competitor to do the same. Cash App today announced it…
Read More »YC-backed Cambio puts AI bots on the phone to negotiate debt, talk to a bank’s customers
A Y Combinator-backed startup called Cambio is bringing AI to the banking world in a surprising way: It’s putting AI bots on the phone with companies and consumers. The startup…
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