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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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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