Category: Technology
Founded in war-torn Sudan, YC-backed Elevate now provides fintech to freelancers globally
Inflation and currency devaluation have always been a growing concern for Africans with bank accounts. © 2024 TechCrunch. All rights reserved. For personal use only.
When foes become friends: Capital One partners with fintech giants Stripe, Adyen to prevent fraud
The tension between incumbents and fintechs has existed for decades. But every once in a while, the two groups decide to put their competition aside [more…]
A look at LoanSnap’s troubles and which neobanks are having a moment
Welcome to TechCrunch Fintech! This week, we’re looking at LoanSnap’s woes, Nubank’s and Monzo’s positive milestones, a plethora of fintech fundraises and more! To get [more…]
After raising $100M, AI fintech LoanSnap is being sued, fined, evicted
The company has been sued by at least seven creditors, including Wells Fargo. © 2024 TechCrunch. All rights reserved. For personal use only.
Spend management startup SiFi raises $10M to grow further in Saudi Arabia
The global spend management sector is experiencing a tailwind of sorts. North America is arguably the biggest market in this space, but spend management companies [more…]
UK neobank Monzo reports first full (pre-tax) profit, prepares for EU expansion with Dublin hub
Monzo has announced its 2024 financial results, revealing its first full-year pre-tax profit. The company also confirmed that it’s in the early stages of expanding [more…]
Stripe curbs its India ambitions over regulatory situation
Stripe, the world’s most valuable fintech startup, said on Friday that it will temporarily move to an invite-only model for new account sign-ups in India, [more…]
Former teen model co-created app Frich to help Gen Z be more realistic about finances
As a teen model, Katrin Kaurov became financially independent at a young age. Aleksandra Medina, whom she met at NYU Abu Dhabi, also learned to [more…]
Fintech startup Forward grabs $16M to take on Stripe, lead future of integrated payments
It’s a lofty goal to take on legacy payments infrastructure, however, Forward’s model has an advantage by shifting the economics back to SaaS companies. © [more…]
Ambani’s Reliance fires opening salvo in fintech battle, launches JioFinance app
With JioFinance, the Indian tycoon Mukesh Ambani is making his boldest consumer-facing move yet into financial services. © 2024 TechCrunch. All rights reserved. For personal [more…]