YC-backed digital bank Onyx Private tells customers it’s closing their accounts
Miami-based Onyx Private, a Y Combinator-backed digital bank that provided banking and investment services for high-earning Millennials and Gen Zers, is terminating its bank operations. In a March 13 email…
Read More »Stripe’s growth continues to impress as total payment volume tops $1 trillion
The company says it was cash flow positive in 2023, and plans to be again in 2024. With $8.7 billion in venture capital it likely means it has little to…
Read More »‘Banking-as-a-Service’ startup Griffin raises $24M as it attains full banking license
Founded by former Silicon Valley engineers, UK-based Griffin Bank, has now raised $24 million (£19 million) in a fresh, extended Series A, funding round. © 2024 TechCrunch. All rights reserved….
Read More »Why does every startup want to help you get paid?
Welcome to TechCrunch Fintech (formerly The Interchange)! This week, we’re looking at the piping hot global payroll space, neobank Dave’s financial results and related stock boost, and more! To get…
Read More »Flush with cash, French fintech unicorn Qonto acquires Regate
While many entrepreneurs are currently facing the harsh reality of a VC funding crunch, Qonto isn’t one of them. The Paris-based business banking startup still has hundreds of millions of…
Read More »Harness Wealth wants to bring sophisticated tax planning to the masses
Harness Wealth, which started in 2018 primarily offering financial advice to startup founders and employees, has expanded into the tax advisory space and raised a $17 million extension to its…
Read More »Monzo, the UK challenger bank with 9 million customers, raises $430 million
London-based fintech company Monzo raised a late-stage funding round of $430 million (£340 million), confirming a report from the Financial Times from a few weeks ago. Following this round, the…
Read More »2-year-old LatAm fintech Yuno reaches $150M valuation with backing from DST, Tiger, a16z
The company launched its payments orchestration product in 2022 and provides over 300 payment methods with fraud-detection capabilities, one-click checkout and advanced smart routing technology. © 2024 TechCrunch. All rights…
Read More »When startups fail, these startups clean up
Welcome to TechCrunch Fintech (formerly The Interchange)! Apologies for being out last week — a cold got the best of me, but I’m back and here to talk about the…
Read More »Nubank CEO dishes on the neobank’s profit surge and how tourist VCs in LatAm have gone home
Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This…
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