Fintech

Drip Capital, a fintech that provides working capital to SMBs, picks up $113M

For over two decades, Jay Chandarana relied on commercial banks to meet the day-to-day, working capital needs of his family business, the sesame seed exporter Dhaval Agri. It was an arrangement that basically worked: the company grew to have a 13% share of the country’s total exports, making it the largest sesame seed exporter in

Drip Capital, a fintech that provides working capital to SMBs, picks up $113M Read More »

Impact investors FMO and BlueOrchard back Ghana’s digital lender Fido in $30M Series B round

Digital lending platforms have become an easy and swift alternative source of credit for microenterprises and individuals overlooked by traditional banking institutions. These platforms have turned into a lifeline for millions of underbanked and demand will keep growing, pushing the value of the digital lending platform market in the Middle East and Africa to reach

Impact investors FMO and BlueOrchard back Ghana’s digital lender Fido in $30M Series B round Read More »

The flat-rate real estate startup that’s got big players worried and BNPL’s turning a corner

Welcome to TechCrunch Fintech! This week, we’re looking at a new real estate startup that’s making big waves with its offering, Klarna and Affirm’s financials, a neobank focused on immigrants that’s growing fast, and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00

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VC execs talk about crypto scaling at Disrupt 2024

Curious about how top venture capitalists are positioning themselves for the next wave in the crypto market?  Dragonfly Capital’s Haseeb Qureshi, Galaxy Ventures’ Will Nuelle, and NFX’s Morgan Beller will share their perspectives on the Fintech Stage at TechCrunch Disrupt 2024. Get a rare glimpse into the evolving strategies, general consensus and anticipated trends of

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Ziina banks $22M as growth explodes for the UAE-based fintech for small businesses

In June 2021, Ziina, fresh from completing YC’s first cohort that year and securing a $7.5 million seed, launched its fintech app to 20,000 retail customers, allowing them to send and receive money.  Three years later, the Dubai-based startup, which now counts 50,000 retail and business customers after expanding its offerings to meet the needs

Ziina banks $22M as growth explodes for the UAE-based fintech for small businesses Read More »

Validus, a Singapore-based digital SME lending platform, secures $50M debt financing to help enterprises in Indonesia

Validus, a Singapore-based digital lending platform for small and medium businesses, has secured $50 million in debt financing from HSBC under the ASEAN Growth Fund strategy. Validus will use the proceeds to support the financial inclusion of micro, small and medium enterprises (MSMEs) in Indonesia, addressing the challenges they face in accessing financial resources. With

Validus, a Singapore-based digital SME lending platform, secures $50M debt financing to help enterprises in Indonesia Read More »

Bolt reportedly threatens legal action against Silverbear Capital

In the latest twist in Bolt’s aggressive fundraising efforts, the fintech company’s CEO appears to have made a veiled threat of legal action against Silverbear Capital, the investment bank whose involvement in the deal remains in some dispute. “We believe there was some internal miscommunication at Silverbear Capital, one of our lead investors, which has

Bolt reportedly threatens legal action against Silverbear Capital Read More »

Redfin is already trying to defend against a new flat-fee real estate startup

Redfin is responding to a new startup that is hoping to upend the way people search for and buy homes by offering a flat-see service. On August 29, TechCrunch reported that a startup called Landian had emerged from stealth to offer homebuyers a way to tour and make offers on homes through a flat-fee service,

Redfin is already trying to defend against a new flat-fee real estate startup Read More »