Fintech

Inside TabaPay’s drama-filled decision to abandon its plans to buy Synapse’s assets

Welcome to TechCrunch Fintech! This week, we look at the drama around TabaPay deciding to not buy Synapse’s assets, as well as stocks dropping for a couple of fintechs, Monzo raising even more funds, and more! Sign up here to get Fintech in your inbox every Tuesday at 7 a.m. PT! The big story There was […]

Inside TabaPay’s drama-filled decision to abandon its plans to buy Synapse’s assets Read More »

Infighting among fintech players has caused TabaPay to ‘pull out’ from buying bankrupt Synapse

TabaPay has abandoned its plans to purchase the assets of troubled banking-as-a-service startup Synapse, TabaPay confirmed to TechCrunch today. Synapse says the problem is banking partner Evolve Bank & Trust. And Evolve says it is not involved, and not to blame. Synapse’s counsel declared in bankruptcy court on Thursday that the deal would not be

Infighting among fintech players has caused TabaPay to ‘pull out’ from buying bankrupt Synapse Read More »

Groww joins the first wave of Indian startups moving domiciles back home from US

Groww, an Indian investment app, has become one of the first startups from the country to shift its domicile back to India from the U.S., signaling a broader trend among the local startup community. The Bengaluru-headquartered startup, which allows consumers to buy shares and mutual funds, made the transition in March, its co-founder and chief

Groww joins the first wave of Indian startups moving domiciles back home from US Read More »

India weighs delaying caps on UPI market share in win for PhonePe, Google Pay

India’s mobile payments regulator is likely to extend the deadline for imposing market share caps on the popular UPI payments rail by one to two years, sources familiar with the matter told TechCrunch. The National Payments Corporation of India (NPCI), a special unit of the Reserve Bank of India, plans to extend the deadline for

India weighs delaying caps on UPI market share in win for PhonePe, Google Pay Read More »

UK challenger bank Monzo nabs another $190M as US expansion beckons

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 »

Israeli startup Panax raises a $10M Series A for its AI-driven cash flow management platform

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

Israeli startup Panax raises a $10M Series A for its AI-driven cash flow management platform Read More »

Inside Mercury’s competitive push into software and Ramp’s potential M&A targets

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 »

Inside Mercury’s competitive push into software and Ramp’s potential M&A targets

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 »

Startup neobank Mercury is taking on Brex and Ramp with new bill pay, spend management software

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

Startup neobank Mercury is taking on Brex and Ramp with new bill pay, spend management software Read More »

Honeycomb Insurance grabs $36M Series B from solo VC-led Zeev Ventures

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 »