Fintech

Fintech Ramp lands Eagles’ Saquon Barkley as investor and Super Bowl commercial star

Fintech /

Philadelphia Eagles’ star running back Saquon Barkley has not only become an investor in fintech startup Ramp, he is also the star of the company’s first Super Bowl commercial. Interestingly, it was Barkley who reached out to Ramp about investing, not the other way around as is so often the case with celebrity endorsements.  Barkley […]

Fintech Ramp lands Eagles’ Saquon Barkley as investor and Super Bowl commercial star Read More »

Stripe makes $1.1 billion crypto bet as it closes on Bridge acquisition

Fintech /

Stripe has closed on its $1.1 billion purchase of stablecoin platform Bridge – marking the payment giant’s largest acquisition to date and tangible push into crypto. Co-founded in 2022 by Coinbase and Square alumni Zach Abrams and Sean Yu, San Antonio, Texas-based Bridge built an API that helps companies accept stablecoins. The pair raised $58

Stripe makes $1.1 billion crypto bet as it closes on Bridge acquisition Read More »

An angel investor was so intrigued by this startup, he joined as a co-founder

Fintech /

Welcome to TechCrunch Fintech!  This week we’re looking at a startup out to help people navigate long-term care, a flurry of activity in Africa, another fintech company shutdown, and more. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The

An angel investor was so intrigued by this startup, he joined as a co-founder Read More »

Egypt’s Khazna banks $16M for its financial super app and expansion into Saudi

Fintech /

A large portion of Egypt’s population lacks access to traditional banking, forcing many to rely on cash transactions and informal lending. Khazna, a fintech startup founded in 2019, is tackling this issue by offering financial services tailored for low- and middle-income workers. The company provides solutions like salary advances, digital payments, and microloans to help

Egypt’s Khazna banks $16M for its financial super app and expansion into Saudi Read More »

CFPB fines fintech Wise, alleging it charged deceptive fees

Fintech /

The Consumer Financial Protection Bureau (CFPB) has hit UK-based remittance company Wise with about a $2 million fine for what it described as “a series of illegal actions.” Those actions include advertising inaccurate fees and failing to properly disclose exchange rates and other costs, the CFPB alleges. Specifically, the agency claims that the fintech company

CFPB fines fintech Wise, alleging it charged deceptive fees Read More »

Fintech startup Cushion shuts down after 8 years and over $20 million in funding

Fintech /

Cushion, a fintech startup that described itself as the “Plaid for buy now, pay later (BNPL),” has shut down. On Thursday, founder and CEO Paul Kesserwani posted on LinkedIn about the decision to wind down the company at the end of 2024. In the post, Kesserwani said that “despite bringing multiple new fintech products to

Fintech startup Cushion shuts down after 8 years and over $20 million in funding Read More »

QED seeds $9.9M in Cedar Money, a stablecoin payment platform

Fintech /

The newest generation of startups aiming to solve cross-border payments are focusing on stablecoins — cryptocurrency coins often pegged to actual currencies or other commodities to help them keep stable prices — to build solutions that work faster and often cheaper than classic financial rails. This trend is also driving a surge in investor interest

QED seeds $9.9M in Cedar Money, a stablecoin payment platform Read More »

This startup is selling for $1B, so why is its founder not proud of the outcome?

Fintech /

Welcome to TechCrunch Fintech!  This week we’re looking at the story behind the sale of Divvy Homes, Ramp’s new product, some notable fundraising deals, and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The big story Image Credits:Divvy

This startup is selling for $1B, so why is its founder not proud of the outcome? Read More »

X announces a partnership with Visa to power X Money’s wallet

Fintech /

Elon Musk-owned social network X announced a partnership with Visa to handle person-to-person payments for its upcoming X Money product. The company will use Visa Direct, which is Visa’s solution for real-time money transfers, to load money into X Money’s wallet, connect to a debit card for paying other users, and transfer money back to

X announces a partnership with Visa to power X Money’s wallet Read More »