Payments, lending and neobanks rule fintechs in emerging markets, report says
Tech investments in emerging markets have been in full swing over the past couple of years and their ecosystems have thrived as a result. Some of these markets like Africa,…
Read More »Chime has agreed to stop using the word ‘bank’ after a California regulator pushed back
Chime might call itself the “fastest-growing fintech in the U.S.,” but it has agreed to stop referring to itself as a “bank,” per a new report out of American Banker….
Read More »
With backers like Tiger Global, LatAm crypto exchange Bitso raises $250M at a $2.2B valuation
Bitso, a regulated crypto exchange in Latin America, announced today it has raised $250 million in a Series C round of funding that values the company at $2.2 billion. Tiger…
Read More »Will fintech unicorn Flywire’s proposed IPO reach escape velocity?
It’s a big morning for fintech startups today: Flywire, a Boston-based magnet for venture capital, has filed to go public. Flywire is a global payments company that attracted more than…
Read More »Wealthsimple raises $610M at a $4B valuation
Canadian fintech giant Wealthsimple has raised a new round of $750 million CAD (~$610 million) at a post-money valuation of $5 billion CAD (~$4 billion). The round was led by…
Read More »
Emotional marketing and an e-mail titan walk into a bar
My mom cuts to the chase when she is describing my beat to others. In her words, I cover companies like Uber before they become companies like Uber. And honestly?…
Read More »The second shot is kicking in
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. First and foremost, Equity was nominated for a Webby for “Best Technology Podcast”!…
Read More »
Fintech startups set VC records as the 2021 fundraising market continues to impress
While waiting for full first-quarter venture capital results for fintech startups to drop, we knew that they were going to be outsized. The Exchange previously explored the pace at which…
Read More »Vivid Money raises $73 million to build a European financial super app
German startup Vivid Money has raised a new $73 million Series B funding round (€60 million) led by Greenoaks, with existing investor Ribbit Capital also participating. Following today’s funding round,…
Read More »Greece’s Viva Wallet raises $80M for its neo-bank targeting small business merchants
Challenger banks continue to make significant waves in the world of finance, with smaller outfits luring customers away from incumbents by providing an easier way for them to not only…
Read More »
