Venmo launches cash back rewards program for debit cards

Venmo launches a cash back program for debit card users, as credit card use declines among Gen Z.

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With its latest acqui-hire, OpenAI is doubling down on personalized consumer AI 

OpenAI is acquiring the CEO of Roi, an AI financial companion. Roi will sunset its service as its talent heads to OpenAI, ostensibly to help boost revenue in consumer apps.

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Numeral raises $35M to automate sales tax with AI

The two-year-old sales tax startup Numeral is now valued at $350 million.

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Karat Financial is bringing business banking to creators

Karat Financial, the company known for its credit cards for creators, is launching a creator-focused business banking product. Powered by digital bank Grasshopper, Karat’s banking product is a natural extension…

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Brex partners with former competitor Zip, with an eye on reducing cash burn to get to an IPO

Brex has once again made the surprising, but perhaps realistic, decision to partner with another one-time competitor. This time Zip, the CEOs of both companies told TechCrunch exclusively.  In April…

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Congressman is investigating fintech Ramp’s attempt to win $25M federal contract

Rep. Gerald Connolly, ranking member of the U.S. House Oversight Committee, has initiated an investigation into whether expense management startup Ramp is receiving preferential treatment in its bid for a…

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Stripe unveils AI foundation model for payments, reveals ‘deeper partnership’ with Nvidia

Fintech giant Stripe announced Wednesday a slew of new product launches at its annual Stripe Sessions user event. The highlights include a new AI foundation model for payments; stablecoin-powered accounts;…

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Alpaca raises $52M Series C to take its API brokerage platform to new markets

Alpaca said on Wednesday it has raised a $52M Series C round to expand into more foreign markets, including the Middle East, Europe and Asia.

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Froda secures $23M Series B for its debt financing platform for SMEs

Swedish Fintech startup Froda has secured a $22.7 million (€20 million) Series B round led by Incore Invest, also based in Sweden. The move bucks the trend of a slight…

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Ramp is trying to get the US government as a customer after seeing a tweet from DOGE

Expense management startup Ramp is being considered for a charge card pilot program by the U.S. government’s General Services Administration, the company confirmed to TechCrunch on Thursday. The government’s internal…

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