Fintech firm Marquis alerts dozens of US banks and credit unions of a data breach after ransomware attack
Marquis said ransomware hackers stole reams of banking customer data, containing personal information and financial records, as well as Social Security numbers, belonging to hundreds of thousands of people. The…
Read More »Pine Labs gets warm market welcome on $440M India IPO despite a valuation trim
Pine Labs, backed by PayPal and Mastercard, gained 14% on its market debut.
Read More »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.
Read More »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.
Read More »Numeral raises $35M to automate sales tax with AI
The two-year-old sales tax startup Numeral is now valued at $350 million.
Read More »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…
Read More »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…
Read More »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…
Read More »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;…
Read More »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.
Read More »
