Serial fintech founder raises $20M for Ant Money to make micro-investing even more accessible
Serial fintech entrepreneur Walter Cruttenden founded Acorns with his son, Jeff, in 2012 with the goal of helping low- and middle-income households invest and save responsibly. The pair wanted to…
Read More »Ampla raises $40M Series A for its business of providing credit to commerce brands
Ampla Technologies, a startup that provides financing to small-to-medium sized consumer-facing businesses, announced today it has raised $40 million in a Series A round of funding co-led by VMG Partners…
Read More »Fintech startup LiveFlow raises $3.5M seed to automate financial data flows
Fintech startup LiveFlow has raised a $3.5 million seed round, led by Moonfire Ventures with backing from Y Combinator, Seedcamp and WndrCo. Also participating was Victor Jacobsson, co-founder of Klarna;…
Read More »Indian fintech giant Razorpay valued at $7.5 billion in $375 million funding
Razorpay has more than doubled its valuation to $7.5 billion from $3 billion in April as one of India’s largest fintech giants demonstrates fast growth and aggressively broadens its product…
Read More »Ex-Uber software engineers raise $3M for Sperta, a 6-month-old startup that wants to help fintechs better manage fraud risk
Working together at Uber’s risk team, Yifu Diao and Ming Fang came to realize that with the hypergrowth the company was seeing came fraud challenges. Diao’s first project at the…
Read More »Brazilian consumer credit startup Open Co raises $115M in SoftBank-led round
For decades, Brazil has had a huge credit problem. It is Latin America’s largest country and has one of the highest interest rate spreads in the world. To give you…
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Papaya raises $50M to give you a way to pay bills via its mobile app
Paying bills is hardly a fun thing. So I think it’s safe to say that any technology that can make the process easier is welcome by all. Papaya is a…
Read More »Staircase steps up effort to build the ‘AWS Marketplace for the mortgage industry’ with fresh $18M
If you’ve ever had to apply for a mortgage, you know that it can be a time-consuming, expensive and often painful process — both in terms of just filling out…
Read More »Topi is building a new payment solution designed for B2B transactions
Meet Topi, a Berlin-based startup that raised a $4.5 million pre-seed funding round co-led by Index Ventures and Creandum. The company is working on a payment solution that is both…
Read More »Better.com CEO Vishal Garg steps back as employees detail how he ‘led by fear’
Looks like Better.com CEO Vishal Garg’s behavior is catching up to him. This morning, employees were notified via email by the Better board of directors that Garg would be taking…
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