Visa hopes its new crypto consulting arm will help it become cooler than its competition
The world’s largest card company just doubled down on its bid to capture the crypto market. Visa announced today that it has launched a crypto advisory practice for its clients…
Read More »Kenya’s president signs new law to police digital lenders, apps have six months to apply for licenses
In the past decade, numerous mobile lending apps have been launched in Kenya, riding on the growing need for quick loans. However, these startups have been operating in an unregulated…
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Hummingbird lands $30M to bring design thinking to anti-money laundering investigations
Hummingbird, which sells anti-money laundering software to banks and fintechs, announced today that it raised a $30 million Series B led by new investor Battery Ventures. Existing investors Flourish and…
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Tiger Global, Avid Ventures lead $35M round for London payroll automation startup Pento
One of the biggest pain points for any business, but especially SMEs, is managing payroll. A startup that has built payroll automation software to make the process less painful, Pento,…
Read More »Bain Capital Ventures taps ex-Affirm exec as its newest partner to focus on early-stage fintech and commerce
Bain Capital Ventures has named Christina Melas-Kyriazi, a former Affirm executive and angel investor, as its newest partner. Melas-Kyriazi will be based in the firm’s San Francisco office and focus…
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SMB neobank Nearside, formerly known as Hatch, gets $58M Series B led by Valar
Nearside, the online bank for SMBs formerly called Hatch, announced today it has raised a $58 million Series B, just seven months after announcing its Series A. The latest round…
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TechCrunch+ roundup: Singapore’s fintech buzz, SaaS slump, amplified marketing strategies
Bret Taylor is on a roll: On Monday, he became the chair of Twitter’s board, and a day later, Salesforce made him its co-CEO and co-chair. Enterprise reporter Ron Miller…
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Mexican BNPL player Kueski secures $202M in debt & equity as it nears $100M+ in ARR
Kueski, a Mexico City-based “buy now, pay later” and online consumer lender, announced today it has secured $202 million in equity and debt funding. StepStone Group (which recently acquired Greenspring…
Read More »Cannabis and banking vets launch credit card for dispensaries
Most consumer cannabis transactions are done in cash, legal or not. Since the United States classifies cannabis as a Title IV drug, the banking industry is unwilling and unable to…
Read More »Goalsetter raises $15 million to go B2B with children’s financial literacy app
Goalsetter, a financial education platform for kiddos, has announced the close of a $15 million Series A financing round. The funding was led by Seae Ventures, with participation from Fiserv,…
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