Tally, a nine-year-old fintech that helped consumers manage and pay off their credit card debt, has shut down, according to the company. In a LinkedIn post that was shared earlier Monday, founder and CEO Jason Brown said the “sad and difficult” decision to close Tally down was not the outcome the company had “hoped for,” […]
Cross-border payments for businesses in emerging markets remain significantly untapped, despite small to large businesses using banks and legacy fintechs to transact trillions of dollars in transaction volume annually. A report by Airwallex forecasts that the value of cross-border payments will grow by 60%, reaching $250 trillion by 2027. Between 2018 and 2022, the value
Conduit’s cross-border payments expand from LatAm into Africa with $6M round Read More »
In today’s episode of Equity Podcast, Mary Ann Azevedo talked to Flourish Ventures co-founders Tilman Ehrbeck, Emmalyn Shaw and Arjuna Costa about a variety of topics, including how their investment themes have evolved in the past five years and what trends they’re most excited about. We also got their opinion on M&A deals in fintech,
New York-based fintech Payoneer has acquired Skuad, a Singapore-based global HR and payroll startup, for $61 million in cash, the company exclusively told TechCrunch. Payoneer said it could also pay up to another $10 million, contingent on if Skuad meets various performance goals within the first 18 months of the acquisition. Payoneer also committed to
Fintech Payoneer is buying 5-year-old global payroll startup Skuad for $61M in cash Read More »
Welcome to TechCrunch Fintech! This week, we’re looking at Revolut’s reported valuation hike, fintech unicorns, the Disrupt Fintech Stage, and more. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8 a.m. PT, subscribe here. The big story Revolut reportedly told staff last week of
Europe’s most valuable fintech, and which startups became unicorns this year Read More »
Welcome to TechCrunch Fintech! This week, we’re looking at Stripe’s easy-peasy acquisition, the role fintech played in Clio’s latest raise, the latest with digital banking startup Mercury, 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
Fintech giant Stripe keeps on buying Read More »
Payments giant Stripe has acquired a four-year-old competitor, Lemon Squeezy, the latter company announced Friday. Terms of the deal were not disclosed. As a self-proclaimed “merchant of record,” Lemon Squeezy calculates and pays global sales tax for digital products, handling legal processing and fees in every country. It primarily serves SaaS and software businesses. In
Stripe acquires payment processing startup Lemon Squeezy Read More »
MNT-Halan, a fintech unicorn out of Egypt, is on a consolidation march. The microfinance and payments startup has raised $157.5 million in funding and is using the money in part to fund the acquisition of another fintech, Tam Finans, to expand into Turkey. Tam Finans provides financing to micro-enterprises and SMEs. It currently operates 39
Egypt’s MNT-Halan banks $157.5M, gobbles up a fintech in Turkey to expand Read More »
Revolut has been granted a banking license from the Prudential Regulation Authority (PRA) in the U.K. This is a significant milestone for the London-based fintech company, particularly since it has been trying to secure this license since 2021. Revolut has 45 million customers around the world, but its home market remains its most important one,
Revolut receives long-awaited UK banking license Read More »
CRED, an Indian fintech startup, has rolled out a new feature that will help its customers manage and gain deeper insights into their cash flow, as startup seeks to drive engagement by providing much-needed personal finance tools. Known primarily for its credit card bill payment and consumer lending service, the Bengaluru-based startup is venturing into
You can now track and manage bank transactions with CRED Read More »
