Fintech

Sequoia bets big on Stripe, LatAm fintechs clean up and one African startup’s outsized Series A

Welcome to TechCrunch Fintech! This week, we’re looking at Sequoia Capital’s effort to give its LPs liquidity on the firm’s investments in Stripe, how LatAm fintechs are still catching investors’ attention, a sizable Series A from an African startup, and more. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to […]

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Caliza lands $8.5 million to bring real-time money transfers to Latin America using USDC

Real-time payments are becoming commonplace for individuals and businesses, but not yet for cross-border transactions. That’s what Caliza is hoping to change, starting with Latin America. Founded in 2021 by American entrepreneur Ezra Kebrab, who now lives in São Paulo, Brazil, Caliza offers an alternative to transfers made via SWIFT, which are the norm in

Caliza lands $8.5 million to bring real-time money transfers to Latin America using USDC Read More »

Synapse’s collapse has frozen nearly $160M from fintech users — here’s how it happened

The collapse and bankruptcy of BaaS fintech Synapse has revealed how treacherous things are for the often-interdependent fintech world when one key player hits trouble.  Synapse operated a service that allowed others (mainly fintechs) to embed banking services into their offerings. For instance, a software provider that specialized in payroll for 1099 contractor-heavy businesses used

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Uzbekistan mobile bank TBC raises $38.2M to expand its financial products

Uzbekistan’s only mobile-exclusive bank, TBC Bank Uzbekistan, owned by London Stock Exchange-listed TBC Bank Group, has raised $38.2 million in a fresh equity investment. It plans to expand its local presence in the country and introduce new financial products, as well. TBC Bank Group has led the latest funding in TBC Bank Uzbekistan by infusing

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Should venture capitalists be held accountable when startups screw up?

Welcome to TechCrunch Fintech! Last week was a holiday in the United States, so news was a bit lighter than normal. But there was still fintech-related items to report, including the ongoing drama around Synapse and partner Evolve Bank, Revolut’s record year and more. To get a roundup of TechCrunch’s biggest and most important fintech

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Jesse Pollak will tell us why Coinbase is launching its own Base blockchain at TechCrunch Disrupt 2024

Last year, Coinbase launched Base, its own layer-2 blockchain. It’s an ambitious project that could profoundly change not only Coinbase, but also the entire cryptocurrency industry. That’s why we’re excited to invite Jesse Pollak to TechCrunch Disrupt 2024. He’s head of protocols at Coinbase. And more importantly, he’s also the creator of Base. When Coinbase

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Investors chase wealthtech startups in India as affluent class grows

Investors are betting on Indian wealthtech startups as a growing middle class turns to diversify investments and startups challenge traditional financial advisors for high-net-worth clients. Premji Invest is in advanced stages of talks to lead a funding round of $30 million to $40 million in Dezerv, an app offering a suite of investment solutions to

Investors chase wealthtech startups in India as affluent class grows Read More »

Meet Brex, Google Cloud, Aerospace and more at Disrupt 2024

We’re about four months away from TechCrunch Disrupt 2024, taking place October 28 to 30 in San Francisco! We could not bring you this world-class event without our world-class partners — some of the startup ecosystem’s leading tech companies. Why? They show up armed with their expertise, educational resources and connections. They present sessions on

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Evolve Bank sent a cease and desist letter to a newsletter writer covering its data breach

The situation around a data breach that’s affected an ever-growing number of fintech companies has gotten even weirder. Evolve Bank & Trust announced last week that it was hacked and confirmed the stolen data has been posted to the dark web. Now Evolve has sent a cease and desist letter to the writer of a

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Evolve hack fallout continues, fintech M&A heats up and Plaid talks enterprise push

Welcome to TechCrunch Fintech! This week, we’re looking at the Evolve Bank hack, three notable acquisitions, Plaid’s enterprise customer growth 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 On June 26, Evolve Bank &

Evolve hack fallout continues, fintech M&A heats up and Plaid talks enterprise push Read More »