Robinhood’s new credit card goes after Apple Card with ability to invest cash-back perks

Eight months after acquiring credit card startup X1 for $95 million, Robinhood announced today the launch of its new Gold Card, with a list of features that could even give…

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Maju Kuruvilla is out as CEO of one-click checkout company Bolt

Maju Kuruvilla is no longer CEO of one-click checkout company Bolt. He is replaced by Justin Grooms, Bolt’s global head of sales, who is now interim CEO, according to Grooms’…

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Non-sexy industries can appeal to investors too

Welcome to TechCrunch Fintech (formerly The Interchange)! This week, we’re looking at some hot fintech startups in Africa, how Mint’s closure has been Copilot’s gain and why VCs have doubled…

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Swiss fintech nsave gets $4M to enable people from unstable economies open offshore accounts

Swiss fintech nsave, which is making banking in Switzerland accessible to people in countries with unstable banking sectors or facing high inflation, has raised $4 million seed funding. The round…

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VCs double down on fintech Coast, which aims to be the Brex for ‘real-world’ industries

The expense management arena is a crowded one, with well-funded players such as Brex, Ramp and Navan all clamoring for market share. Those companies are generally focused on tech startups…

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Ramp CEO says the fintech startup is just scratching the surface

Fintech exploded over the last five years. Startups in the category raised more than $350 million in VC funding from 2019 through 2023, according to data from CB Insights. Despite…

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Nala set out to offer remittance services, it’s building a B2B payment platform too

Payments company Nala pivoted to offer remittance service in 2021, tapping the growing money transfer market in Africa, and demand for reliable and affordable services. Nala founder Benjamin Fernandes said…

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YC-backed digital bank Onyx Private tells customers it’s closing their accounts

Miami-based Onyx Private, a Y Combinator-backed digital bank that provided banking and investment services for high-earning Millennials and Gen Zers, is terminating its bank operations. In a March 13 email…

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Stripe’s growth continues to impress as total payment volume tops $1 trillion

The company says it was cash flow positive in 2023, and plans to be again in 2024. With $8.7 billion in venture capital it likely means it has little to…

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‘Banking-as-a-Service’ startup Griffin raises $24M as it attains full banking license

Founded by former Silicon Valley engineers, UK-based Griffin Bank, has now raised $24 million (£19 million) in a fresh, extended Series A, funding round. © 2024 TechCrunch. All rights reserved….

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