Category: Technology
Fuse raises $6.6M to fix a payment problem for companies expanding to MENA
Expanding into the Middle East and North Africa (MENA) remains a costly and complex challenge for global businesses, thanks to fragmented regulations and banking systems. [more…]
Fintech Plaid raises $575M at a $6.1B valuation, says it will not go public in 2025
Plaid, which connects bank accounts to financial applications, has sold about $575 million worth of common stock at a $6.1 billion post-money valuation, the fintech [more…]
Y Combinator neobank Djamo raises $17M with 1M users across Francophone Africa
Djamo is one of several digital banking startups targeting Africa’s underbanked. But unlike many that focus on large markets like Nigeria, Egypt, or South Africa, [more…]
Stablecoin issuer Circle takes another stab at a public listing
Circle, the issuer of USDC, a stablecoin pegged to the U.S. dollar, filed to go public on Tuesday. The company, which makes money from interest [more…]
Zelle is shutting down its app, but you probably don’t need to worry
Zelle is shutting down its stand-alone app on Tuesday, according to a company blog post. This news might be alarming if you’re one of the [more…]
IPO-bound Chime hopes to boost growth by paying higher interest rates
As it gears up to go public, Chime is going all in on new features in an effort to attract more customers. The digital bank [more…]
Javice found guilty of defrauding JPMorgan in $175M startup purchase
Charlie Javice, the founder of student loan application startup Frank that was purchased by JPMorgan for $175 million, was found guilty on Friday of defrauding [more…]
YC alum Mendel, a ‘Ramp for LatAm enterprises,’ raises $35M Series B
Mexico City-based Mendel has raised $35 million in a Series B round of funding, it tells TechCrunch exclusively. Corporate spend management platform Mendel last raised [more…]
Times Internet spin-out Abound raises $14M to let more Indian Americans send money home
Abound, a go-to remittance app that was spun off by India’s Times Internet, has raised $14 million in a seed round.
We read the email Jack Dorsey sent when he cut 931 of Block’s staff
Block just laid off 931 employees. Read the email from its co-founder Jack Dorsey for more details on why.
