Fintech

The sibling founders of Stax Payments are back with a new fintech and a $20M seed raise

Fintech /

Worth, a company focused on helping fintechs, banks, and enterprises underwrite small and medium-sized businesses more easily, has raised $20 million in a seed funding round, the startup tells TechCrunch exclusively. It’s a large seed round, especially these days when capital is harder to come by. But the founders’ history may have something to do […]

The sibling founders of Stax Payments are back with a new fintech and a $20M seed raise Read More »

Zolve, a neobank for global citizens moving to the US, raises $51M and secures $200M debt

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Zolve, a neobank that helps provide financial access to high-skilled and high-spending global citizens moving to the U.S., has raised $251 million in a new (equity and debt mix) funding round as the startup aims to expand its presence and enter new geographies. Every year, millions of highly skilled people move to countries like the

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Aspiration co-founder and board member defrauded investors of $145M, prosecutors say

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Just over four years ago, climate friendly fintech startup Aspiration was on the verge of a $2 billion public listing. Now, one of the startup’s board members has pleaded guilty to wire fraud and one of the co-founders has been arrested for allegedly conspiring to defraud investors, according to a federal criminal complaint filed by

Aspiration co-founder and board member defrauded investors of $145M, prosecutors say Read More »

Fintech startup Ramp nearly doubles valuation to $13B in secondary share sale

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Expense management startup Ramp has nearly doubled its valuation to $13 billion after a $150 million secondary share sale, the company announced Monday morning. New and existing backers including VC Stripes, GIC, Avenir Growth, Thrive Capital, Khosla Ventures, General Catalyst, Lux Capital, 137 Ventures and Definition Capital bought the secondaries from employees and early investors.

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Stripe CEO says AI startups are growing faster than SaaS ever did and calling them wrappers ‘misses the point’

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In its annual letter released Thursday, payments giant Stripe declared that it was “seeing an AI boom” with its data revealing that artificial intelligence startups are growing more rapidly than traditional SaaS companies have historically. In a chart, Stripe showed that the top 100 AI companies (by revenue) were able to achieve $5 million in

Stripe CEO says AI startups are growing faster than SaaS ever did and calling them wrappers ‘misses the point’ Read More »

ResilienceVC bucks trend, unveils $56M fund to back fintechs working on financial inclusion

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ResilienceVC, a new seed-stage fintech venture capital firm based out of Washington, D.C., is announcing its $56 million debut fund, the firm shared exclusively with TechCrunch. Founded by Tahira Dosani and Vikas Raj in 2023, ResilienceVC’s mission is a straightforward one: to back fintech companies dedicated to helping Americans find financial stability. It’s writing checks

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Capim, a Brazilian BNPL startup for dental services, lands a $26.7M Series A

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Capim, a startup offering Brazilians the option to buy now, pay later (BNPL) for dental services, has raised $26.7 million in Series A funding, it tells TechCrunch exclusively. Founded in July 2021 by Marcelo Lutz and Roberto Biselli, who serve as co-CEOs, Sao Paulo-based Capim describes itself as a vertical SaaS company specializing in the

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Gozem nets $30M to expand vehicle financing, digital banking in Francophone Africa

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Since its launch in 2018 as a ride-hailing service in Togo, Gozem has steadily expanded across French-speaking West Africa, integrating a wide range of services as it sought to become a super-app. The company now offers ride-hailing, commerce, vehicle financing, and digital banking across Togo, Benin, Gabon, and Cameroon. Now, in a bid to scale

Gozem nets $30M to expand vehicle financing, digital banking in Francophone Africa Read More »