Pakistani startup PostEx, offering financial and logistics services to online merchants, is set to enter new markets, beginning with Saudi Arabia this year, TechCrunch has exclusively learned. “We want to go into other markets to really disrupt them because we see the gap,” said Muhammad Omer Khan, founder and CEO of PostEx, in an interview. […]
Pakistan’s PostEx to enter new markets, starting with Saudi Arabia Read More »
Amazon is considering shifting its payments offerings in India into a standalone app, three sources familiar with the matter told TechCrunch, as the e-commerce giant aims to boost usage of Amazon Pay in the country. Amazon Pay is currently housed within the company’s primary e-commerce app in India, and lets users transfer money to individuals
Amazon considers moving Amazon Pay into a standalone app in India Read More »
Emerging economies face trade deficits that cause demand for the dollar, which dominates global trade to exceed supply. This imbalance raises costs and delays trade. In Africa, the problem is exacerbated by the shortage of tech solutions addressing the liquidity needs of large enterprises and multinationals, with many cross-border payment platforms opting to build consumer-facing
Waza comes out of stealth with $8M to power global trade for African businesses Read More »
The fintech segment, which saw massive growth during the pandemic and immediately after, has had a fairly rough 2024. But while the rapid pace of funding has slowed, many fintechs are continuing to see growth and expand their teams. In an effort to better understand just how many fintechs might fit into this category, I
These fintech companies are hiring, despite a rough market in 2024 Read More »
There was lots going on in startup-land, as always, and the Equity crew had a blast breaking it all down. Kirsten Korosec, Mary Ann Azevedo and Devin Coldeway kicked off this Friday’s episode of TechCrunch’s Equity podcast with a discussion of WeRide, a Chinese autonomous vehicle startup, seeking an initial public offering in the United
AI for landlords, Grok-2 unleashed, and the latest attempt at AI regulation Read More »
Revolut has confirmed a new valuation of $45 billion via a secondary market share sale, shortly after the U.K.-based neobank secured its own banking license in the U.K. and in Mexico. The news positions Revolut as one of Europe’s most valuable private tech companies. Founded out of London in 2015, Revolut is one of numerous
UK neobank Revolut valued at $45B after secondary market sale Read More »
Financial chatter has been a major traffic spinner on social media, but it can be challenging (if not impossible) to separate useful signals from the noise. A company called TipRanks uses AI and other analytics to try to make better sense of all that. And now, on the back of its growing popularity, it is
Swedish fintech giant Klarna is rolling out two new products on Wednesday that could make its buy now, pay later offerings more enticing to use. The company is offering consumers in the U.S. and 11 European countries the ability to store money in a Klarna “balance” account, where they can deposit money directly from their
Klarna takes on banking with new savings, cash-back offerings Read More »
Facing increasing pressure from regulators, Apple on Wednesday announced it’s opening up NFC transactions to third-party developers. NFC, or near field communication, is the short-range wireless technology that powers Apple Pay and Wallet. Apple’s exclusive access to the iPhone’s NFC capabilities had been under investigation by the European Commission for years for restricting competition in
Apple opens up NFC transactions to developers, but says there will be ‘associated fees’ Read More »
Welcome to TechCrunch Fintech! This week, we’re looking at Payoneer’s $61 million acquisition of Skuad, Robinhood and Dave’s second-quarter results, X’s progress on its payments 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 story Last
Payoneer scoops up Skuad, Robinhood’s strong Q2, and X is making progress on payments Read More »
