As a teen model, Katrin Kaurov became financially independent at a young age. Aleksandra Medina, whom she met at NYU Abu Dhabi, also learned to manage money early on. The pair bonded as students over what they viewed as a lack of a space for open conversations for people their age to have around financial […]
Former teen model co-created app Frich to help Gen Z be more realistic about finances Read More »
With JioFinance, the Indian tycoon Mukesh Ambani is making his boldest consumer-facing move yet into financial services. © 2024 TechCrunch. All rights reserved. For personal use only. Source
Ambani’s Reliance fires opening salvo in fintech battle, launches JioFinance app Read More »
Over the years, fintech startups, particularly neobanks, have thrown a cat among the pigeons in banking and finance by building whole new banking software stacks. But a startup out of Romania decided to build tools that help older banking and insurance companies provide the newer features and products offered by the new upstarts. FintechOS’ low-code
Romanian startup FintechOS raises $60M to help old banks fight back against neobanks Read More »
After the Wirecard scandal, Germany’s financial regulator BaFin started to look more closely at young fintech startups that wanted to grow at a rapid pace — it’s better to be safe than sorry. In particular, N26, a Berlin-based banking startup that raised hundreds of millions of euros and quickly became a unicorn, has had a
Solutions by Text, a company that gives people a way to pay their bills and apply for loans via text messaging, has secured $110 million in new growth funding. Edison Partners and StepStone Group co-led the equity portion of the raise while Stifel Venture Bank provided a lending facility, which made up less than 15%
Owners of small- and medium-sized businesses check their bank balances daily to make financial decisions. But it’s entrepreneur Yoseph West’s assertion that there’s typically information and functions missing from bank accounts that owners could really use. “SMBs make up 44% of U.S. GDP, underpin the economy and have a deep impact on all of us,”
Relay raises $32.2 million to help smaller businesses manage their cashflow Read More »
Remittances from workers in the U.S. to their families and friends in Latin America amounted to $155 billion in 2023. With such a huge opportunity, banks, money transfer companies, retailers, and fintechs are all trying make transfers more convenient on both sides of the transaction. Fast-growing startup Félix Pago is one of these players, and
Félix Pago raises $15.5 million to help Latino workers send money home via WhatsApp Read More »
Nubank is taking its first tentative steps into the mobile network realm, as the NYSE-traded Brazilian neobank rolls out an eSIM (embedded SIM) service for travelers. The service will give customers access to 10GB of free roaming internet in more than 40 countries without having to switch out their own existing physical SIM card or
More neobanks are becoming mobile networks — and Nubank wants a piece of the action Read More »
Last year, the fintech startup world — star of the 2021 venture capital heydays — began to unravel as VC funding grew tight. As we step into mid-2024, large chunks of the sector today are a downright mess, especially the banking-as-a-service area which, ironically enough, experts last year told us was the bright spot. The
Google Pay is rolling out a number of updates that capitalize on its integrations with other Google products, like Android and the Chrome browser. Starting Wednesday, people who check out with Google Pay will be able to see their card benefits and perks before selecting a card; use “buy now, pay later” through partners like
Google Pay will now display card perks, BNPL options and more Read More »
