Bank

Nymbus, a startup that partners with banks to migrate their legacy stack and launch neobanks to attract new customers, today announced that it raised $70 million in a Series D…

Nymbus lands $70M to help banks digitally transform

The Indian arm of SBM Bank, one of the banks that has aggressively worked with fintech startups in the South Asian market, is engaging with investors to raise capital and…

SBM Bank India, building BaaS platform, seeks funding at $200 million valuation

Interest in alternative investments such as private equity, real estate and crypto continues to surge, and Miami-based fintech startup Allocations is riding the wave. Less than three years after its…

Allocations just got valued at $150M to help private equity funds lure smaller investors

Nine months after raising a Series A round, Majority has raised tens of millions in both equity and debt financing for its mobile bank for migrants. The fintech announced today…

Majority, a mobile bank for migrants, closes third venture round in just over a year

It always feels good to get paid, so it’s no surprise that a payroll model like earned wage access (EWA), which lets employees withdraw their accrued wages at any time,…

3 investors explain why earned wage access startups are set to cash more checks

The company is able to underwrite online businesses in less than 48 hours and provides facilities for funding up to 80% of an acquisition under a flexible, revenue-based schedule.

Boopos adds to its small business M&A lending pot with new investment

By utilizing APIs and a few lines of code, Solid enables customers to embed fintech products and get them up-and-running quickly.

Solid banks $63M for easier deployment of embedded fintech products

Asia’s crypto games and web3 investment powerhouse Animoca Brands is making inroads into Japan as its local unit picks up $45 million in financing at a $500 million pre-money valuation.…

Animoca Brands’ Japan unit raises $45M at $500M valuation for NFT push

The world has gotten a lot more serious about privacy and data protection, but in many cases business models that rely on personalization of one kind or another have struggled…

Ravel emerges from stealth with privacy-first data tools based on scalable homomorphic encryption

The world is entering a huge cost of living crisis, which will inevitably result in a rise in homelessness. But donating to homeless people has yet to go fully digital.…

Revolut to allow users to donate to the homeless via the Beam crowdfunding platform

By focusing on e-commerce, Highbeam is able to provide a single financial view of the business and help entrepreneurs decide the right cash and credit options.

Highbeam inks $7M to shine light on e-commerce-specific banking needs

Glambook recently raised $2.5 million at a $12 million valuation, and I managed to talk it into letting me share its full pitch deck with you to see how the…

Pitch Deck Teardown: Glambook’s $2.5 million seed deck

Cross-chain messaging protocol Nomad has become the target of crypto’s latest nine-figure attack after hackers abused a “chaotic” security exploit to steal almost $200 million in digital assets. Nomad, a…

Hackers abuse ‘chaotic’ Nomad exploit to drain almost $200M in crypto

Rents are going up in cities across the U.S., but the national homeownership rate has been steadily declining as prospective buyers grapple with low supply, weakening purchasing power and record-high…

You can’t afford a house, but you can probably afford Nada

As venture funding slows, founders are scrambling to extend their runways, regardless of how much cash they already have. But the startups that need the cash most are running into…

Every startup wants an extension round, but there aren’t enough to go around

There’s some good financial news brewing for neobanks: new data indicates that at least some of the larger and better-known neobanks are going to be OK after all.

Looks like (some) neobanks will be OK after all

As the crypto market continues to struggle, plenty of founders and investors are left wondering whether this latest bull run was all some grand fever…

Yat founder Naveen Jain talks ’emoji identity’ and lasting web3 trends

The founders who can get in front of tough conversations will be the ones to reach the next milestone, albeit on a less attractive path, and remain alive to see…

As fundraising gets harder, founders should ask investors for a flat round

In order to effectively mitigate sanction risks, PEs are doing due diligence on their LPs and investing in the management of compliance programs and policies at their portfolio companies.

When it comes to sanctions, PE firms must proceed with great caution

Proptech has made our lives easier with innovations like smart homes, AirBnB, and the ability to shop for and secure a mortgage from our phones. But major gaps, and opportunities,…

Proptech still has fundamental problems for entrepreneurs to solve

Flagstar Bank, one of the largest financial service providers in the United States, has notified more than 1.5 million customers of a data breach in which Social Security numbers were…

Hackers stole Social Security numbers in Flagstar data breach affecting 1.5 million customers

Featured Article

Brex leaving adrift some SMB customers roils corporate spend market

Given how competitive the corporate spend world has proved, Brex has kicked off an interesting strategic conversation in the well-funded fintech startup niche. Let’s talk about it.

Brex leaving adrift some SMB customers roils corporate spend market

Next time an investor asks “How can I be helpful?” give this approach some consideration.

We turned our investors into our best source of customer feedback

Mono is building a fully digital bank with accounts that can be opened in around 15 minutes versus an average of two weeks at an incumbent bank. 

Mono aims to be ‘first bankingless bank’ for Latin America’s small businesses

Binance.US, the American company associated with the world’s largest crypto exchange, isn’t worried about the market turmoil that has pushed some of its competitors to tighten their belts. CEO Brian…

Binance.US CEO tells employees the company is ‘growing faster than ever’

Featured Article

Apple enters the BNPL market as regulation, competition intensify

How will all of these BNPL-focused providers fare with Apple pounding its way into their market?

Apple enters the BNPL market as regulation, competition intensify

Larger banks and other financial service providers are getting a lot more serious when it comes to competing with upstarts that are disrupting their businesses with fresher approaches and newer…

Backbase raises its first funding, $128M at a $2.6B valuation, for tools that help banks with engagement

Embedded finance — where financial services companies and others bring in different kinds of fintech technology by way of APIs to enhance their own offerings with more data and functionality…

Bud raises $80M more to expand its AI-based open banking platform, used to power lending tools and more

Extreme Tech Challenge (XTC), the world’s largest startup competition focused on purpose-driven innovation, and sponsor of TechCrunch Sessions: Climate, has chosen 10 category finalists and three Special Award winners to…

Meet the Extreme Tech Challenge 2022 Global Finals category finalists and special award winners

We’ve long documented the challenges that DevOps and operations teams in specific areas like security face these days when it comes to data observability: A wide range of services across…

Coralogix streams $142M into its coffers to expand its production analytics into a full-stack observability platform