Fintech startup Ramp sees 32% bump in valuation, Mercury expands into consumer banking
Welcome to TechCrunch Fintech! This week, we’re looking at Ramp’s big raise and valuation jump, Mercury’s move into personal banking, Klarna’s new credit card, global funding rounds and more! To get…
Read More »Notable Capital’s Hans Tung on the state of VC and the upside to down rounds
To some investors, “down round” is a dirty phrase, but not to Notable Capital’s Hans Tung. Hans is a managing partner at Notable Capital, formerly GGV Capital, a venture firm…
Read More »Fintech CRED secures in-principle approval for payment aggregator license
CRED has received the in-principle approval for a payment aggregator license in a boost to the Indian fintech startup that could help it better serve its customers and launch new…
Read More »Ramp raises another $150M co-led by Khosla and Founders Fund at a $7.65B valuation
Spend management startup Ramp has raised another $150 million at a post-money valuation of $7.65 billion, the company confirmed to TechCrunch today. New investor Khosla Ventures and existing backer Founders…
Read More »Fintech Mercury, whose B2B business is caught up in regulatory scrutiny, expands into consumer banking
Business banking startup Mercury, founded in 2017, is now launching a consumer banking product. Mercury today serves more than 100,000 businesses, many of which are startups, via its B2B practice….
Read More »Klarna credit card launches in the US as Swedish fintech grows its market presence
Klarna is launching its credit card in the United States, the Swedish fintech giant told TechCrunch in an exclusive interview. “It was one of our most asked for products,” said…
Read More »Inside LemFi’s play to be fintech to the Global South diaspora
The African tech ecosystem, buffeted by huge potential but also lots of economic, political and social instabilities, is no stranger to major drama affecting even its most promising-looking startups. But…
Read More »Finmid raises $24.7M to help SMBs access loans through platforms like Wolt
finmid is building an embedded finance product that targets that relationship between marketplaces and sellers, and raised a Series A round to further build out its product and enter new…
Read More »TechCrunch Fintech: Meet PayJoy, a fintech operating at the intersection of doing good and making money
Welcome to TechCrunch Fintech! This week, we’re looking at how two fintech companies serving the underserved are faring, and more! To get a roundup of TechCrunch’s biggest and most important…
Read More »How PayJoy built a $300M business by letting the underserved use their smartphones as collateral for loans
Lerato Motloung is a mother of two who works in a supermarket in Johannesburg, South Africa. After her phone was stolen, Motloung had to go without a mobile phone for…
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