Hong Kong-based fintech XanPool raises $27M for its decentralized payment network
XanPool, a payment infrastructure provider that facilitates faster crypto and fiat settlements, announced today it has raised a $27 million Series A led by Valar Ventures. The round included participation…
Read More »Brex just signed a term sheet for $300M at a $12.3B valuation
Fast-growing fintech Brex has raised $300 million in funding that propels it to decacorn status, just six months after it was valued at $7.4 billion, according to people familiar with…
Read More »Moves wants to reward gig workers with shares in Uber, Lyft, DoorDash, Grubhub
Moves, a Toronto-based gig economy fintech startup, wants to reward gig workers with stocks from the companies for which they drive. The first version of the Moves Collective, as the…
Read More »Tiger Global and a slew of high-profile investors make a $35M bet on LatAm fintech Pomelo
Just over five months after raising a $9 million seed funding round, Latin American fintech Pomelo announced today that it is raising $35 million in Series A financing led by…
Read More »PayPal picking Pinterest puts us in a parsing pickle
Look, we don’t get it either. Taking some time as a group to sit around and chat through the possibly impending PayPal-Pinterest deal, Natasha and Alex didn’t wind up cracking…
Read More »UpEquity, a digital mortgage startup that makes all cash offers, secures $50M in debt and equity
UpEquity, a digital mortgage company that makes cash offers on a buyer’s behalf, announced today it has raised $20 million in equity funding and secured $30 in debt financing. S3…
Read More »Brazil’s Hash raises $40M in a round led by QED and Kaszek for its white-label payments software
Hash, a payment infrastructure fintech, announced today that it has raised $40 million in a Series C funding round co-led by QED Investors and Kaszek. The raise comes just six…
Read More »Resistant AI scores $16.6M for its anti-fraud fintech tools
Resistant AI, which uses artificial intelligence to help financial services companies combat fraud and financial crime — selling tools to protect credit risk scoring models, payment systems, customer onboarding and…
Read More »Revolut increases fair usage caps on free accounts in the US
Fintech startup Revolut wants to foster usage in the U.S. with better free accounts. Like in other markets, Revolut offers both free and paid accounts in the U.S. When you…
Read More »SoftBank, Amazon, Accel and others put $108M in Brazilian banking and payments infra provider Pismo
There is no question that fintech has exploded in recent years. But along with that, we have also seen a related surge in funding into companies that provide the infrastructure…
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