Swedish buy now, pay later (BNPL) startup Klarna is on its way to becoming a public company. The fintech said on Wednesday that it has confidentially filed a draft registration statement with the U.S. Securities and Exchange Commission (SEC). The announcement of the listing, a long time in the making, arrives amid a dearth of […]
Klarna kickstarts U.S. IPO plans with confidential SEC filing Read More »
Welcome to TechCrunch Fintech! This week, we’re looking at neobank Dave’s “misleading marketing” according to a new FTC complaint, Affirm’s launch in the U.K. amid regulatory overhaul, and how Equal aims to combat India’s growing cyberfraud problem. The big story The FTC comes after Dave for “misleading marketing” The FTC is taking action against online
FTC alleges neobank Dave misled customers Read More »
The majority of the aging population in Japan still prefers using cash for transactions, according to a recent report citing government data. In 2023, cashless transactions in Japan totaled 126.7 trillion yen ($885 billion), accounting for 39.3 percent of all spending in the country, said the Japanese government. The government hopes that number reaches 40
SmartBank secures $26M for its personal finance management app Read More »
India, the world’s most populous country and the second-largest internet market after China, is becoming increasingly digitally active. However, this rapid digitization comes with a growing risk of online fraud. Cyber fraud is mounting in India to the point where the Indian government estimates it could amount to 0.7% of the country’s GDP — over
Equal has a plan to fight India’s growing cyber fraud problem Read More »
French tech startup Alan held a press conference this morning to announce three product updates. While it is better known as a health insurance company, the startup has always been trying to offer more than insurance coverage. It wants to build a super app for all things related to healthcare. For instance, Alan lets you
Alan unveils AI health assistant for its 680,000 health insurance members Read More »
Buy now, pay later (BNPL) giant Affirm is launching in the U.K., its first market outside North America. Its long-anticipated arrival comes as U.K. lawmakers mull new rules to bring BNPL firms into line with other traditional consumer credit services, though such laws aren’t expected to come into effect until at least 2026 — long
Affirm launches in the UK, as ‘buy now, pay later’ market faces regulatory overhaul Read More »
Welcome to TechCrunch Fintech! This week we’re looking at a company making a rare entrance into India’s significant — but locked-down — banking market and a new lawsuit facing SoLo Funds. If you’d like to receive the Fintech newsletter in your inbox every Tuesday, sign up here! The big story Indian fintech Slice seals bank
How Slice entered India’s regulated banking sector Read More »
Day 2 of TechCrunch Disrupt 2024 has arrived, and the energy from day 1 is still electrifying across San Francisco! We’re only partway through the 250+ speakers, 200+ sessions, and 350+ exhibiting startups at Disrupt. As expected, yesterday saw over 10,000 tech enthusiasts, startup founders, and investors filling Moscone West with energy — we’re not
Disrupt 2024: Day 2 | TechCrunch Read More »
Google’s Africa Investment Fund is a new investor in African fintech Moniepoint, which just closed $110 million in new financing. The Series C round, which involved an equity sale, per Bloomberg, was led by Development Partners International’s African Development Partners (ADP) III fund. Other investors, including African private equity firm Verod Capital and global impact
Google, DPI backs African fintech Moniepoint in $110M round Read More »
Fintech startups inspire—Visa enables. Join us at the Visa Emerging Innovators (VEI) program, where we celebrate the next generation of fintech pioneers. This year, we are thrilled to announce that we are doubling the prize to an incredible $100K! Visa has carefully selected five visionary startups from around the world, each poised to pitch their
Visa Everywhere Initiative: The Ultimate Fintech Pitch Competition Read More »
