Caffeinated Capital, a San Francisco venture firm started by a solo capitalist Raymond Tonsing, is raising a fifth fund of $400 million, according to a regulatory filing. The firm, an early investor in software company Airtable and defense startup Saronic, has already raised $160 million toward the fund. If Caffeinated hits its target, it will […]
Raymond Tonsing’s Caffeinated Capital seeks $400M for fifth fund Read More »
Today, longtime Founders Fund partner Brian Singerman announced on X that he would be taking a step back. He will be transitioning from partner to partner emeritus to get a better “work-life balance,” although he will continue to serve as an “investor and strategic advisor” for the firm. Singerman has been at Founders Fund for
Brian Singerman to take a step back from Founders Fund Read More »
Welcome to TechCrunch Fintech! This week, we’re looking at neobank Dave’s “misleading marketing” according to a new FTC complaint, Affirm’s launch in the U.K. amid regulatory overhaul, and how Equal aims to combat India’s growing cyberfraud problem. The big story The FTC comes after Dave for “misleading marketing” The FTC is taking action against online
FTC alleges neobank Dave misled customers Read More »
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
Affirm launches in the UK, as ‘buy now, pay later’ market faces regulatory overhaul Read More »
On Thursday, Apple celebrated 10 years with Apple Pay and announced how the service will evolve in the future, including with the later addition of redeeming rewards and expanding installment loan options. In addition to Apple Pay’s newly added support for loan options from Affirm in the U.S., and Monzo Flex in the U.K., the
Apple says support for redeeming rewards will later come to Apple Pay Read More »
Two years after it was announced at WWDC, Apple’s U.S.-only Pay Later feature is no more. TechCrunch has confirmed the news, which was first noted by 9 to 5 Mac. Here’s the full statement offered to TechCrunch. Starting later this year, users across the globe will be able to access installment loans offered through credit
Apple kills Pay Later feature ahead of Affirm integration Read More »
