Fintech

Coinbase starts onboarding users again in India, plans for fiat on-ramp next year

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After a pause of more than two years, crypto exchange Coinbase has opened its app for registration in India. At the moment, users are able to make crypto-to-crypto trades — but speaking at India Blockchain Week (IBW), Coinbase’s APAC director John O’Loghlen said the company will open up a fiat on-ramp in 2026, allowing users […]

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Nexus isn’t going all-in on AI, keeping half of its new $700M fund for India startups

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While many venture firms seem to only have eyes for AI these days, Nexus Venture Partners is deliberately splitting its focus for its new $700 million fund. The firm will back AI startups and seek out India-focused startups in consumer, fintech, and digital infrastructure. AI has soaked up most of the venture capital raised globally

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Fintech firm Marquis alerts dozens of US banks and credit unions of a data breach after ransomware attack

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Fintech company Marquis is notifying dozens of U.S. banks and credit unions that they had customer data stolen in a cyberattack earlier this year.  Details of the cyberattack emerged this week after Marquis filed data breach notices with several U.S. states confirming its August 14 incident as a ransomware attack. Texas-based Marquis is a marketing

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Kalshi raises $1B at $11B valuation, doubling value in under two months

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Prediction market Kalshi, which allows people to bet on future events, announced on Tuesday that it raised a $1 billion funding round at an $11 billion valuation, confirming TechCrunch’s scoop from last month. The round was led by returning investor Paradigm, with participation from Sequoia Capital, Andreessen Horowitz, Capital G, and other existing backers. The

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Source: Kalshi’s valuation jumps to $11B after raising massive $1B round

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Kalshi, a prediction market that allows people to bet on future events, has raised a massive $1 billion round at a $11 billion valuation, according to a person familiar with the deal. The round comes less than two months after the seven-year-old startup announced its previous fundraise of $300 million at a $5 billion valuation.

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Credit risk automation platform Kaaj raises $3.8M seed from Kindred Ventures

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Shivi Sharma spent a decade working in credit risk at places like American Express and Varo Bank.   At some point, she realized teams were spending equal amounts of time analyzing all types of loans — regardless of whether it was worth $100,000 or $5 million — meaning assessing smaller loans was ultimately an unprofitable and time-consuming process for lenders.   She

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Ramp hits $32B valuation, just three months after hitting $22.5B 

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The one area outside of AI where investors are still enthusiastic is expense management fintech, at least if Ramp’s 2025 is anything to judge by. Every few months, Ramp has raised another large sum at another giant new valuation. On Monday, the fintech announced it had raised $300 million led by Lightspeed, which also included

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Sequoia-backed fintech Aspora will let Indian diaspora pay bills back home

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Sequoia-backed fintech platform Aspora, which lets the Indian diaspora send money back to India, is launching a new feature for users to pay bills. This means Non-Resident Indians (NRIs) can pay utility bills or recharge their mobile prepaid plans for their family. The startup said that until now, users had to either transfer the money

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Cash App debuts a new AI assistant that answers questions about your finances

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Cash App released a slate of new features as part of its fall update, including an AI chatbot that can answer questions about users’ finances, a new benefits program, and the ability to discover places that accept Bitcoin payments and make Bitcoin payments using USD. The company is launching an assistant called Moneybot that can

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Groww raises nearly $750M in IPO as India’s retail investing boom continues

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Indian online brokerage platform Groww’s IPO on Wednesday proved to be the largest listing by an Indian fintech so far this year, as the company raised ₹66.3 billion (about $748 million) with its shares closing 29% higher from their issue price. The company’s shares opened at ₹112, about 12% above their issue price of ₹100,

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