Visa to acquire open banking platform Tink for more than $2 billion
Visa has announced plans to acquire Tink for €1.8 billion, or $2.15 billion at today’s exchange rate. Tink has been a leading fintech startup in Europe focused on open banking…
Read More »Paid time off startup Sorbet reels in another $15M inside three months
U.S./Israeli startup Sorbet — which helps companies de-risk themselves against accrued paid time off (PTO) by employees — has raised another $15 million, in a round led By Dovi Frances’…
Read More »Wise (formerly TransferWise) confirms direct listing on the LSE in early July, reportedly at a $6B-$7B valuation
Following Wise’s announcement earlier this month that it planned to go public by way of a direct listing on the LSE, today the company made the news formal with a…
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Viva Republica, developer of Korean financial super app Toss, raises $410M at a $7.4B valuation
Viva Republica, the Seoul-based fintech company behind Toss, a super app with more than 40 financial services, announced today it has raised $410 million at a post-money valuation of $7.4…
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Airbank centralizes all your business bank accounts and financial data
Meet Airbank, a startup that is taking advantage of open banking regulation and related APIs to aggregate all your bank accounts. Focused on startups and small and medium companies, the…
Read More »Australian fintech Zeller lands $50M AUD led by Spark Capital at a $400M AUD valuation
Zeller, a Melbourne-based fintech founded by former Square executives to serve small- to mid-sized businesses, has raised $50 million AUD (about $37.5 million USD) led by Spark Capital, the investment…
Read More »Equity Monday: China hates crypto, and the Vision Fund’s vision lives on
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market…
Read More »Buy now, pay later startup Kredivo doubles its debt facility from Victory Park Capital to $200M
Kredivo announced today it has secured another $100 million debt facility from Victory Park Capital (VPC). This doubles the Indonesian digital lending and credit platform’s total warehouse financing facility from…
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Revolut revenue grew by 57% in 2020
Fintech startup Revolut has filed some financial results and is sharing details with the press. In 2020, the company reported $361 million in revenue (£261 million) — that’s a 57%…
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Vietnamese financial services app MFast gets $1.5M pre-Series A led by Do Ventures
MFast founders Phan Thanh Long and Phan Thanh Vinh. Image Credits: MFast MFast, a mobile app that lets Vietnamese users in remote areas access financial services, announced today it has…
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