Fintech

Google pushes back against federal supervision of its payment arm

Fintech /

The Consumer Financial Protection Bureau announced Friday that it was placing Google’s payment arm under federal supervision. In response, Google filed a lawsuit seeking to block the move. Such supervision would subject Google to the same inspections that the bureau conducts with major banks and other financial institutions for potential violations of the law. The […]

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Paytm sells PayPay stake to SoftBank for $279.2 million

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Paytm has agreed to sell its stake in Japanese payments firm PayPay to SoftBank for $279.2 million, as the Indian firm sheds non-core assets following a bruising regulatory clampdown earlier this year. The sale of Paytm’s stake in PayPay, which it received through acquisition rights six years ago, follows months of restructuring at the Indian

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Chainalysis permanently parts ways with its founding CEO

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Michael Gronager, the co-founder of Chainalysis, has agreed to leave the company permanently, two months after taking a temporary personal leave of absence. Chainalysis, a buzzy 10-year-old, New York-based blockchain data platform, will now be led by co-founder Jonathan Levin, he told TechCrunch, explaining that on Tuesday, its board of directors gave him Gronager’s job.

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The race is on to make AI agents do your online shopping for you

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Millions of Americans will pop open their laptops to buy gifts this holiday season, but tech companies are racing to turn the job of online shopping over to AI agents instead. Perplexity recently released an AI shopping agent for its paying customers in the United States. It’s supposed to navigate retail websites for you, find

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HUB2 banks $8.5M to become the ‘Stripe for Francophone Africa’

Fintech /

A fintech from Ivory Coast — part of one of the most economically challenged and financially fragmented regions in the world — has raised funding for an ambitious goal: to become the ‘Stripe for Francophone Africa’. HUB2, as the startup is called, already works with some 55 neobanks, payment companies, remittance companies and cryptocurrency providers,

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Financial inclusion drives African fintech M-KOPA to $400M in ARR

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An African fintech that has grown on the strength of a 30,000-strong team of direct salespeople is moving into profit country by sub-Saharan country. Now, M-KOPA, the pay-as-you-go asset financing platform serving 5 million underbanked Africans, is racing toward a major milestone: surpassing an annual revenue rate of $400 million by year-end. The London-headquartered fintech

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This Mexican fintech isn’t too worried about Trump’s tariff threats

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Welcome to TechCrunch Fintech! This week, we’re taking a look at: If you’d like to receive the Fintech newsletter in your inbox every Tuesday, sign up here! The big story Trump’s tariff threats don’t scare this Mexican fintech Mexico’s economic development has made it a fertile ground for startups. But the trend is under threat

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