London-based Fidel API lands $65M in Series B funding, proving fintech infrastructure is hotter than ever
Financial infrastructure startup Fidel API has raised $65 million in a Series B funding round led by Bain Capital Ventures. The London-based company provides identity, data and payments products that…
Read More »Fast shuts doors after slow growth, high burn precluded fundraising options
Fast, a startup that provided online checkout products, announced this afternoon that it will shut down. The company’s future has been in doubt for days now, after reporting indicated that…
Read More »Late-stage tech backer Liquidity raises $775M for its fintech platform from Apollo and MUFG
The credit-oriented fintech platform Liquidity Group, which funds later-stage technology companies, has announced a new raise of $775 million from private equity house Apollo and MUFG Bank. In a statement…
Read More »These Y Combinator-backed startups want to build the next Brex
Unsurprisingly, fintech startups were well-represented in Y Combinator’s W22 batch, with 35 international companies participating and 25 more tagged as crypto-focused. One trend that caught our eye was that at…
Read More »Fintech Roundup: Goldman Sachs buys another startup, Fast hits a speed bump and BaaS gets hotter
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…
Read More »Instacart now delivers market trends
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Welcome to our Friday show! Our regular co-host…
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Founded by ex-dLocal and AstroPay execs, Datanomik is bringing open banking to LatAm
Cross-border payments platform dLocal is one of the most notable Latin American startups in recent history — the company became Uruguay’s first unicorn in 2020 and went public on the…
Read More »Egyptian financial super app Khazna raises $38M from Quona Capital and Lendable
In a country where 50% of its 100 million people are active smartphone users, two out of every three individuals have little or no access to formal financial services in…
Read More »Klarna launches new Klarna Kosma division for its open banking platform
Visa surprised the European fintech industry last year when it announced that it would acquire Tink for €1.8 billion ($2.15 billion at the time of the deal). Klarna now wants…
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January raises $10M to be a ‘tech-enabled debt collector’
Most people have a negative association with debt collection. A startup called January is out to change that with a fresh $10 million fundraise. Founder Jake Cahan says most debt…
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