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…
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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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Challenger bank N26 raises $900 million at $9 billion valuation
Fintech startup N26 has raised a $900 million Series E round at a $9 billion valuation. That represents a big jump from the company’s Series D valuation of $3.5 billion….
Read More »With customers like Coinbase and Shopify, remote hiring startup Deel raises $425M at a $5.5B valuation
As more people continue to work remotely, organizations globally have had to adjust — particularly when it comes to onboarding new employees and figuring out how to pay them, in…
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Tala grabs $145M to offer more financial services in emerging markets
Tala, an emerging markets digital lender that offers loans between $10 to $500 to consumers and small business owners, has raised $145 million in Series E funding. Upstart, a company…
Read More »Singapore-based insurtech startup Surer nabs seed round to bolster its product development
There is an imbalance between demand and supply of general insurance due to the tedious workflow and processes that insurance intermediaries and insurance companies face. Singaporean insurtech company Surer, which automates…
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From $0 in revenue to a $7.25B valuation: Why TripActions’ $275M raise has fintech to thank
Prior to the COVID-19 pandemic, TripActions was primarily known for merging many aspects of corporate trip booking — flights, hotels and rental cars — with expense tracking. But Palo Alto-based TripActions…
Read More »Global Processing Services raises $300M its API-based payments and embedded finance platform
Embedded finance continues to be a major theme in the world of fintech, with a wide swathe of new financial services companies tapping APIs built by others to power payments…
Read More »Atomic aims to give consumers more control over their income with payroll-connecting APIs
Fintech startup Atomic announced this morning that it has closed a $22 million Series A. Core Innovation Capital led the round, which saw participation from preceding investors. The company has…
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