neobanks

Founded in war-torn Sudan, YC-backed Elevate now provides fintech to freelancers globally

In early 2022, the fintech startup Bloom — not to be confused with the Gen Z-focused investing app, or the heavily capitalized revenue financing platform — was accepted into Y Combinator as the first-ever startup from Sudan to participate in the famed accelerator. Alongside its four founders’ track records at Amazon, Meta, IBM, and Goldman Sachs, […]

Founded in war-torn Sudan, YC-backed Elevate now provides fintech to freelancers globally Read More »

Romanian startup FintechOS raises $60M to help old banks fight back against neobanks

Over the years, fintech startups, particularly neobanks, have thrown a cat among the pigeons in banking and finance by building whole new banking software stacks. But a startup out of Romania decided to build tools that help older banking and insurance companies provide the newer features and products offered by the new upstarts.  FintechOS’ low-code

Romanian startup FintechOS raises $60M to help old banks fight back against neobanks Read More »

Fintech Mercury, whose B2B business is caught up in regulatory scrutiny, expands into consumer banking

Business banking startup Mercury, founded in 2017, is now launching a consumer banking product. Mercury today serves more than 100,000 businesses, many of which are startups, via its B2B practice. The expansion is a natural move for the company and one that has been in the works for a couple of years, according to Immad

Fintech Mercury, whose B2B business is caught up in regulatory scrutiny, expands into consumer banking Read More »