Category: Fintech
Fintech
We’ve entered an era of Fintech Maximalism according to Mark Goldberg
“We are in a period of what I’ll call fintech maximalism,” says Chemistry founder and GP Mark Goldberg. “By that, I mean the companies that [more…]
Bolt’s Ryan Breslow pins his hopes on a new app that takes on Coinbase, Zelle, and PayPal
Ryan Breslow is officially back. While the founder of one-click checkout company Bolt re-assumed its helm as CEO in March, Breslow is unveiling Wednesday a [more…]
Visa-backed African unicorn Moniepoint tackles remittances. But is it late to the game?
When Visa invested in Nigerian fintech Moniepoint earlier this year, it didn’t just validate the newly minted unicorn — it signaled a bold new direction. [more…]
Marshmallow, the UK insurance startup for migrants, raises $90M at a $2B+ valuation
U.K. startup Marshmallow has blown up over the years by using innovations in data science to build car insurance policies for immigrants and other consumers [more…]
Stripe CEO says he ensures his top leaders interview a customer twice a month
Digital payments platform Stripe invites customers to join its management team meetings on a bi-weekly basis so it can get “candid feedback,” according to co-founder [more…]
Jobandtalent raises $103M on a down-round $1.5B valuation as it looks to AI to recruit temps
Jobandtalent, an AI-based “workforce as a service” marketplace that connects people with companies looking for hourly workers, announced it has raised €92 million ($103 million). [more…]
AI insurtech Ominimo bags its first investment at a $220M valuation
How do you get talented engineers to work for a startup in a mundane field at a time when more exciting companies are paying well [more…]
Solid, which claimed to be the ‘AWS of fintech,’ files for bankruptcy after raising nearly $81M in funding
Banking-as-a-service startup Solid (formerly called Wise) has filed for Chapter 11 bankruptcy protection, according to documents filed in the United States Bankruptcy Court for the [more…]
Kalshi CEO: ‘State law doesn’t really apply’ to us
Last week, prediction market startup Kalshi sued New Jersey and Nevada after they tried to shut down its recently launched sports trading operation. In the [more…]
No, Stripe is not becoming a bank
Last week, details emerged about an application that fintech giant Stripe had submitted for a U.S. banking license. There was a lot of chatter on [more…]