Category: Technology
Romanian startup FintechOS raises $60M to help old banks fight back against neobanks
FintechOS competes with other companies such as Ncino, Meridian Link, Abrigo and Backbase. © 2024 TechCrunch. All rights reserved. For personal use only.
Germany’s financial regulator ends anti-money laundering cap on N26 signups after $10M fine
After the Wirecard scandal, Germany’s financial regulator BaFin started to look more closely at young fintech startups that wanted to grow at a rapid pace [more…]
Bootstrapped for over a decade, this Dallas company just secured $110M to help people pay bills by text
Solutions by Text, a company that gives people a way to pay their bills and apply for loans via text messaging, has secured $110 million [more…]
Relay raises $24 million to help smaller businesses manage their cashflow
Owners of small- and medium-sized businesses check their bank balances daily to make financial decisions. But it’s enterpreneur Yoseph West’s assertion that there’s typically information [more…]
The demise of BaaS fintech Synapse could derail the funding prospects for other startups in the space
Welcome to TechCrunch Fintech! This week, we’re looking at the long-term implications of Synapse’s bankruptcy on the fintech sector, Majority’s impressive ARR milestone, and more! [more…]
Félix Pago raises $15.5 million to help Latino workers send money home via WhatsApp
Remittances from workers in the U.S. to their families and friends in Latin America amounted to $155 billion in 2023. With such a huge opportunity, [more…]
More neobanks are becoming mobile networks — and Nubank wants a piece of the action
Nubank is taking its first tentative steps into the mobile network realm, as the NYSE-traded Brazilian neobank rolls out an eSIM (embedded SIM) service for [more…]
With a16z-backed Synapse’s collapse, BaaS fintech is a mess and 10 million consumers could be hurt
Synapse’s bankruptcy shows just how treacherous things are for the often-interdependent fintech world when one key player hits trouble. © 2024 TechCrunch. All rights reserved. [more…]
Peter Thiel-founded Valar Ventures raised a $300 million fund, half the size of its last one
The perception in Silicon Valley is that every investor would love to be in business with Peter Thiel. But the venture capital fundraising environment has [more…]
Google Pay will now display card perks, BNPL options and more
The changes are designed to enhance the consumer experience of using Google Pay and make it a more competitive option against other payment methods. © [more…]
