Category: Fintech
Fintech
Kudos lands $10M for an AI smart wallet that picks the best credit card for purchases
Kudos uses AI to figure out consumer spending habits so it can then provide more personalized financial advice, like maximizing rewards and utilizing credit effectively. [more…]
A US trustee wants troubled fintech Synapse to be liquidated via Chapter 7 bankruptcy, cites ‘gross mismanagement’
The prospects for troubled banking-as-a-service startup Synapse have gone from bad to worse this week after the United States Trustee filed an emergency motion on [more…]
Bolt founder Ryan Beslow wants to settle an investor lawsuit by returning $37 million worth of shares
The investor lawsuit is related to Bolt securing a $30 million personal loan to Ryan Breslow, which was later defaulted on. © 2024 TechCrunch. All [more…]
Cannabis and gaming payments startup Aeropay is now offering an alternative to Mastercard and Visa
The key to taking on legacy players in the financial technology industry may be to go where they have not gone before. That’s what Chicago-based [more…]
Embedded accounting startup Layer secures $2.3M toward goal of replacing Quickbooks
So did investors laugh them out of the room when they explained how they wanted to replace Quickbooks? Kind of. © 2024 TechCrunch. All rights [more…]
Lydia, the French payments app with 8 million users, launches mobile banking app Sumeria
Lydia is splitting itself into two apps — Lydia for P2P payments and Sumeria for those looking for a mobile-first bank account. © 2024 TechCrunch. All [more…]
Indian insurance startup Go Digit raises $141M from anchor investors ahead of IPO
Go Digit, an Indian insurance startup, has raised $141 million from investors including Goldman Sachs, ADIA, and Morgan Stanley as part of its IPO. © [more…]
Inside TabaPay’s drama-filled decision to abandon its plans to buy Synapse’s assets
Welcome to TechCrunch Fintech! This week, we look at the drama around TabaPay deciding to not buy Synapse’s assets, as well as stocks dropping for a [more…]
Aplazo is using buy-now-pay-later as a stepping stone to financial ubiquity in Mexico
Four-year-old Mexican BNPL startup Aplazo facilitates fractionated payments to offline and online merchants even when the buyer doesn’t have a credit card. © 2024 TechCrunch. [more…]
Infighting among fintech players has caused TabaPay to ‘pull out’ from buying bankrupt Synapse
A dust-up between Evolve Bank & Trust, Mercury and Synapse has led TabaPay to abandon its acquisition plans of troubled banking-as-a-service startup Synapse. © 2024 [more…]