Fintech

Tether backs stablecoin liquidity provider Mansa in $10M seed round

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As payment companies increasingly explore stablecoins for cross-border payments and real-time settlement, some startups are tapping into the zeitgeist by providing liquidity via a revolving line of credit in stablecoins. One of them is Dubai-based but Africa-focused Mansa, whose offering allows payments companies to settle transactions and fund customer accounts instantly. The startup has raised […]

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Kuda and CEO face allegations of sex discrimination and unfair dismissal from former executive, per filing

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An employment tribunal case has placed Kuda Technologies, one of Africa’s fastest-growing digital banks, under scrutiny over allegations of workplace discrimination, harassment, and wrongful dismissal. Rosemary Hewat, Kuda’s former Group Chief People Officer (CPO), filed a complaint accusing the company and its CEO, Babatunde Ogundeyi, of sex discrimination, victimization, and unfair dismissal. According to the

Kuda and CEO face allegations of sex discrimination and unfair dismissal from former executive, per filing Read More »

VC Sheel Mohnot talks about Twitter fame, fintech, and the truth about AI startups

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If you follow fintech on X, it’s very likely that you have come across the account of Sheel Mohnot, co-founder and general partner of Better Tomorrow Ventures. With over 150,000 followers, Mohnot has built an impressive presence on the social media site. Interestingly, many of his posts have nothing to do with venture capital. Mohnot

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Tabby doubles valuation to $3.3B in $160M funding as it looks beyond BNPL and plans IPO

Fintech /

Consumer demand for credit options varies across regions, and for fintechs, understanding these differences is key to survival. In developed markets, where credit cards are common, consumers often view buy now, pay later (BNPL) offerings positively because of their flexible installment options. But in emerging markets like the Middle East, where credit card penetration is

Tabby doubles valuation to $3.3B in $160M funding as it looks beyond BNPL and plans IPO Read More »

Klarna and Deel eye IPOs, and Stripe embraces crypto

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Welcome to TechCrunch Fintech!  This week we’re looking at how fintech heavyweights such as Klarna and Stripe are incorporating crypto into their strategies, which companies are planning for IPOs, one fintech’s Super Bowl ad, Stripe’s new lead of startups and venture capital, and more! To get a roundup of TechCrunch’s biggest and most important fintech

Klarna and Deel eye IPOs, and Stripe embraces crypto Read More »

Stripe mulls employee shareholder sale at $85B-plus valuation

Fintech /

Stripe is in talks for another shareholder sale that could value the company at “at least” $85 billion, according to multiple reports and a source familiar with the matter. The Information first reported the news that the payments infrastructure giant is working to sell employee-owned stocks. The move would help workers gain some liquidity as

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Insurance co’s stand to lose billions from disasters like the LA fires; Comulate raises $20M to build tech to help them work more smoothly

Fintech /

Unimaginable disasters like the fires in Los Angeles with their hundreds of billions of dollars in destruction put a huge focus on the role the insurance industry plays in the process of rebuilding. Those events will also lead to major financial losses at the insurance companies themselves. And longer term, all of this will put

Insurance co’s stand to lose billions from disasters like the LA fires; Comulate raises $20M to build tech to help them work more smoothly Read More »

Ghanaian fintech Affinity bags $8M to scale digital banking in a mobile money-driven market

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Africa’s top digital banking platforms typically come from high-growth, populous markets like Nigeria, South Africa, and Egypt. But Affinity Africa, an upstart from Ghana, wants to join the conversation. The startup has raised $8 million in seed funding to expand its financial products further across the country, where mobile money is the dominant financial tool.

Ghanaian fintech Affinity bags $8M to scale digital banking in a mobile money-driven market Read More »

QED leads $11M investment in Nigerian fintech Raenest

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As Africa’s tech ecosystem booms, more local talent is landing remote jobs with Big Tech firms and global startups. But getting paid remains a challenge for many of these freelancers and remote workers. They struggle to open accounts that accept US dollars, with foreign employers using incompatible payment platforms, and face slow invoicing and payment

QED leads $11M investment in Nigerian fintech Raenest Read More »