Revolut applies for bank charter in the US
London-based fintech startup Revolut has announced that it is applying for a bank charter in the U.S. The company has submitted a draft application with the FDIC and the California…
Read More »Indonesian savings and investment app Pluang gets $20M in pre-Series B funding
Indonesia-based fintech Pluang announced today it has raised $20 million in a pre-Series B round led by Openspace Ventures, with participation from Go Ventures and other returning investors. The company…
Read More »Sivo, a young “Stripe for debt” led by a veteran operator, seems to have investors clamoring
Kate Hiscox is having a moment. Her company, Sivo, founded eight months ago, has already raised $5 million from investors at a post-money valuation of $100 million, and she says…
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Financial API provider Brick is building the infrastructure for open banking in Southeast Asia
The adoption of financial apps is surging in Southeast Asian markets like Indonesia, the region’s most populous country. Founded by fintech veterans last year, Brick develops APIs that make it…
Read More »Wise accuses former Brazil banking partner of smear campaign after ‘unfounded’ accusations of fraud
Wise, the London-headquartered company that made its name offering international money transfers and is reportedly planning an IPO, has accused its former banking partner in Brazil of a “smear campaign”…
Read More »Trading platform eToro to go public via SPAC merger in $10B deal
Multi-asset investing and trading platform and Robinhood competitor eToro announced Tuesday it will go public via a merger with SPAC FinTech Acquisition Corp. V in a massive $10.4 billion deal….
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Zeller, a fintech founded by Square alumni, raises $25M AUD Series A led by Lee Fixel’s Addition
Dominic Yap, chief operating officer and co-founder, and Ben Pfisterer, chief executive officer and co-founder of Zeller. Image Credits: Zeller Zeller, a payment and financial services startup founded by former…
Read More »Stripe closes $600M round at a $95B valuation
On the heels of reports that Stripe was raising yet more money, the payments giant has now confirmed the details. The company has closed in on another $600 million, at…
Read More »Should there be some law against raising three times in one year?
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Want…
Read More »TaxDown banks ~$3M for tech that helps people get their taxes done
Madrid-based TaxDown, which automates income tax filing by calculating regional deductions due to users so they don’t have to navigate complex tax rules themselves, has raised €2.4 million (~$3M) in…
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