Fintech

SmartBank secures $26M for its personal finance management app

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The majority of the aging population in Japan still prefers using cash for transactions, according to a recent report citing government data. In 2023, cashless transactions in Japan totaled 126.7 trillion yen ($885 billion), accounting for 39.3 percent of all spending in the country, said the Japanese government. The government hopes that number reaches 40 […]

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Equal has a plan to fight India’s growing cyber fraud problem

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India, the world’s most populous country and the second-largest internet market after China, is becoming increasingly digitally active. However, this rapid digitization comes with a growing risk of online fraud. Cyber fraud is mounting in India to the point where the Indian government estimates it could amount to 0.7% of the country’s GDP — over

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Alan unveils AI health assistant for its 680,000 health insurance members

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French tech startup Alan held a press conference this morning to announce three product updates. While it is better known as a health insurance company, the startup has always been trying to offer more than insurance coverage. It wants to build a super app for all things related to healthcare. For instance, Alan lets you

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Affirm launches in the UK, as ‘buy now, pay later’ market faces regulatory overhaul

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Buy now, pay later (BNPL) giant Affirm is launching in the U.K., its first market outside North America. Its long-anticipated arrival comes as U.K. lawmakers mull new rules to bring BNPL firms into line with other traditional consumer credit services, though such laws aren’t expected to come into effect until at least 2026 — long

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Google, DPI backs African fintech Moniepoint in $110M round

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Google’s Africa Investment Fund is a new investor in African fintech Moniepoint, which just closed $110 million in new financing. The Series C round, which involved an equity sale, per Bloomberg, was led by Development Partners International’s African Development Partners (ADP) III fund. Other investors, including African private equity firm Verod Capital and global impact

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Visa Everywhere Initiative: The Ultimate Fintech Pitch Competition

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Fintech startups inspire—Visa enables. Join us at the Visa Emerging Innovators (VEI) program, where we celebrate the next generation of fintech pioneers. This year, we are thrilled to announce that we are doubling the prize to an incredible $100K! Visa has carefully selected five visionary startups from around the world, each poised to pitch their

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Post-Synapse meltdown, this is the state of the banking-as-a-service industry

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The bankruptcy of banking-as-a-service (BaaS) fintech Synapse shows just how treacherous things are for the often-interdependent fintech world when one key player hits trouble. Synapse’s problems have hurt and taken down a number of other startups and affected millions of consumers all over the country. Many believe regulatory clarity is needed moving forward. One analyst

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The global future of remote work, according to three HR startup leaders

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Software is eating the world, and companies are hiring global talent more frequently than ever. They want to be able to hire talent in foreign countries and retain employees who want to move abroad. That’s why a new wave of global HR startups are helping companies hire people all around the world with local contracts.

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