It’s an open secret in the fintech world that the founder and CEO of startup Increase, Darragh Buckley, has been trying for years to “buy a bank,” as one person familiar with the landscape told TechCrunch. A couple of weeks ago, he basically succeeded. He bought a big enough stake in Twin City Bank to […]
Stripe’s first employee, the founder of fintech Increase, sort of bought a bank Read More »
The global economy remains in a sticky spot, in the words of the International Monetary Fund. Understandably, banks and other financial players are therefore looking to do what they can to bring down operating costs while spurring more financial activity. Today, Form3, one of the startups building tools to do just that by connecting financial
Form3, a quiet giant in UK fintech, raises $60M at a $570M valuation Read More »
After a tumultuous year, banking-as-a-service (BaaS) startup Synapse has filed for Chapter 11 bankruptcy and its assets will be acquired by TabaPay, according to the two companies. The deal is pending bankruptcy court approval. Founded in 2017, Mountain View-based TabaPay is an instant money movement platform that SoftBank backed in a 2022 round of an
