New bank, who dis? Lifestyle-focused neobank Cogni pivots to web3
Digital banking startup Cogni is joining the ranks of companies hopping on the crypto bandwagon. The mobile-based platform, founded in 2018 out of Barclays’ accelerator program (which is operated by…
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Teen-focused fintech app Copper raises $29M, grows to over 800,000 users in less than a year
Copper, a digital banking service aimed at teens, has raised $29 million in Series A funding in a “preemptive” round led by Fiat Ventures. The investment comes just over seven…
Read More »Building a better mobility fintech startup on TechCrunch Live
Kevin Bennett started his auto financing company in 2016. It started as MotoRefi, and rebranded in early 2022 to Caribou. But the mission remains: Transforming consumers’ financial relationship with their…
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Fintech Roundup: Founders reinventing, startups buying and round sizes growing
Welcome to my weekly fintech-focused column. I’ll be publishing this every Sunday, so in between posts, be sure to listen to the Equity podcast and hear Alex Wilhelm, Natasha Mascarenhas and me riff on all…
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Plaid co-founder’s next venture is a bank to power fintech apps
In 2019, William Hockey, the co-founder of fintech business Plaid, announced that he would step down from his position as Plaid’s chief technology officer and president. Having helped to grow…
Read More »Flutterwave CEO addresses alleged misconduct claims in email to employees
Flutterwave CEO Olugbenga Agboola has, for the first time, addressed financial and personal misconduct claims leveled against him and the company this month, according to an email to employees obtained…
Read More »Here’s why Brex just paid $90M for 10-person software startup Pry Financials
In line with its April 13 announcement that it’s making a “big push” into software, Brex has acquired Y Combinator-backed Pry Financials for $90 million, the company told TechCrunch exclusively….
Read More »Japanese insurance company Tokio Marine launches CVC fund to back early-stage startups
Tokio Marine, a Tokyo-headquartered insurance corporation, said Tuesday it has launched its $42 million corporate venture capital (CVC) fund, dubbed Tokio Marine Future Fund, to invest in early-stage startups around…
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Fintech NovoPayment raises first venture round in 15 years to expand its full-stack banking API platform
The digital transformation of banking and payments services is a red-hot trend that’s shown no signs of slowing down. Banking-as-a-service (BaaS) products like Synapse, Unit and Bond have helped fuel the…
Read More »Are poison pills really that bitter?
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Every Monday, Grace and Alex scour the news and record notes on…
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