Category: Technology
Immigrant banking platform Majority secures $20M following 3x revenue growth
For a $5.99 per month, immigrants have a bank account and debit card with fee-free international money transfers and discounted international calling. © 2024 TechCrunch. [more…]
Paytm warns of job cuts as losses swell after RBI clampdown
Paytm, a leading financial services firm in India, said its net loss widened in the fourth quarter as it grappled with a regulatory clampdown. © [more…]
Teen fintech Copper had to emergency discontinue its banking, debit products
Another fintech startup, and its customers, has been gravely impacted by the implosion of banking-as-a-service startup Synapse. Copper Banking, a digital banking service aimed at [more…]
There’s a real appetite for a fintech alternative to QuickBooks
Welcome to TechCrunch Fintech! This week, we’re looking at the continued fallout from Synapse’s bankruptcy, how Layer wants to disrupt SMB accounting, and much more! [more…]
Meta, Match, Coinbase and others team up to fight online fraud and crypto scams
The new coalition, Tech Against Scams, will work together to find ways to fight back against the tools used by scammers and to better educate [more…]
Vitesse, a payments and treasury management platform for insurers, raises $93M to fuel US expansion
London-based fintech Vitesse has closed a $93 million Series C round of funding led by investment giant KKR. © 2024 TechCrunch. All rights reserved. For [more…]
Fintech lender Solo Funds is being sued again by the government over its lending practices
SoLo Funds CEO Travis Holoway: “Regulators seem driven by press releases when they should be motivated by true consumer protection and empowering equitable solutions.” © [more…]
Embedded finance is still trendy as accounting automation startup Ember partners with HSBC UK
Ember has partnered with HSBC in the U.K. so that the bank’s business customers can access Ember’s services from their online accounts. © 2024 TechCrunch. [more…]
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…]
