Category: Fintech
Fintech
Money transfer app Duc exposed thousands of driver’s licenses and passports to the open web
An exposed Amazon-hosted server allowed anyone to access reams of customer data without needing a password.
Cash App launches ‘pay later’ feature for P2P pay transfers
Block says that the new feature has strong built-in protections to keep users from so-called debt spirals.
After pivoting, Y Combinator grad Glimpse raises $35M led by a16z
Glimpse announced on Wednesday a $35 million Series A led by Andreessen Horowitz, with participation from 8VC and YC.
Doss raises $55M for AI inventory management that plugs into ERP
Doss’s AI-powered inventory management system integrates with existing ERP systems. The Series B round was co-led by Madrona and Premji Invest.
Despite bitter rivalry, Kalshi, Polymarket CEOs back $35M predictions markets VC fund
As prediction markets explode, the new firm called 5(c) Capital, will back startups supporting the burgeoning category.
Amidst legal turmoil, Kalshi is temporarily banned in Nevada
It’s the latest escalation in a regulatory battle over the future of prediction markets.
Polymarket continues its partnership spree with a Major League Baseball deal
MLB is only the latest in a string of recently announced partnerships involving the prediction market.
TechCrunch Startup Battlefield 200 nominations are still open
Nominate your startup, or one you know, for TechCrunch Startup Battlefield 200 before May 27. Chance to win $100,000 equity-free funding and VC access.
Kalshi’s legal troubles pile up, as Arizona files first ever criminal charges over ‘illegal gambling business’
It’s the latest salvo in an escalating battle between state regulators and an industry that claims it’s not beholden to them.
Fuse raises $25M to disrupt aging loan origination systems used by U.S. credit unions
The startup also announced a $5M ‘rescue fund’ to help credit unions ditch legacy software for its AI-native platform.