Monzo has raised another £150 million ($190 million), as the challenger bank looks to expand its presence internationally — particularly in the U.S. The new round comes just two months after Monzo raised £340 million ($425 million), meaning the London-based company has now raised north of $610 million in 2024, and $1.5 billion since its […]
UK challenger bank Monzo nabs another $190M as US expansion beckons Read More »
High interest rates and financial pressures make it more important than ever for finance teams to have a better handle on their cash flow, and several startups are hoping to help. Two-year-old Israeli startup Panax is one, and it just raised a $10 million Series A round of funding led by Team8, with participation from
Welcome to TechCrunch Fintech! This week, we’re looking at Mercury’s latest expansions, wallet-as-a-service startup Ansa’s raise 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. (New day and time, same awesome newsletter!) The big story Digital banking startup
Inside Mercury’s competitive push into software and Ramp’s potential M&A targets Read More »
Welcome to TechCrunch Fintech! This week, we’re looking at Mercury’s latest expansions, wallet-as-a-service startup Ansa’s raise 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. (New day and time, same awesome newsletter!) The big story Digital banking startup
Inside Mercury’s competitive push into software and Ramp’s potential M&A targets Read More »
Digital banking startup Mercury is layering software onto its bank accounts, giving its business customers the ability to pay bills, invoice customers and reimburse employees, the company has told TechCrunch exclusively. The additional features puts the company in even more direct competition with the likes of Brex and Ramp, two rival fintechs that have for
When Itai Ben-Zaken’s first startup failed in 2018, the former BCG consultant and Wharton MBA spent months trying to understand what he could have done differently during the five years he ran the company. After analyzing most of his major decisions, he concluded that while Comprendi, a digital ad recommendation business, was an interesting offering,
Honeycomb Insurance grabs $36M Series B from solo VC-led Zeev Ventures Read More »
Cards are gaining ground in Egypt, with over 30 million in circulation (prepaid cards, particularly, are seeing more use than debit and credit cards combined). This surge in card usage, about 14% in the last four years, is primarily due to the incentives introduced by fintech companies and banks, attracting millions of Egyptian consumers who
Accel leads $4M investment in Egyptian corporate cards platform Swypex Read More »
Hans Tung, a managing partner at Notable Capital, formerly GGV Capital, has a lot of thoughts on the state of venture capital today. With $4.2 billion in assets under management, Notable evolved from 24-year-old cross-border VC firm GGV Capital, and Tung was around when GGV invested in the likes of Affirm, Airbnb, StockX, Square and Slack.
Notable Capital’s Hans Tung on why founders need to play the long game Read More »
In the world of startups, it’s not uncommon to see talent from successful companies go on to found their own ventures. This is particularly evident in fintech in Europe, where alumni from unicorns like Monzo, N26, Revolut and others have started a flurry of new companies. Andrena Ventures, a solo GP (solo general partner) fund
Solo GP fund Andrena Ventures hopes to carry startup talent onto its next challenges Read More »
Welcome to TechCrunch Fintech! This week, we’re looking at Stripe’s big product announcements, a bump in valuation for a Brazilian fintech startup and much more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Sunday at 7:00 a.m. PT, subscribe here. The big story Stripe announced that it will
Stripe’s big changes, Brazil’s newest fintech unicorn and the tale of a startup shutdown Read More »
