Fintech
Read the latest news and coverage of fintech, which stands for “financial technology,” focusing on everything from disruptor banks and innovations at established financial institutions to expense management startups, P2P payment services, checkout tools and the technologies that enable them.
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Investors chase wealth tech startups in India as affluent class grows
The high-net-worth and ultra-high-net-worth segments are booming in India, prompting some wealth management firms to aggressively expand their relationship manager networks to capture this market.
We’re about four months away from TechCrunch Disrupt 2024, taking place October 28 to 30 in San Francisco! We could not bring you this world-class event without our world-class partners…
Newsletter writer covering Evolve Bank’s data breach says the bank sent him a cease and desist letter
The situation around a data breach that’s affected an ever-growing number of fintech companies has gotten even weirder. Evolve Bank & Trust announced last week that it was hacked and…
Welcome to TechCrunch Fintech! This week, we’re looking at the Evolve Bank hack, three notable acquisitions, Plaid’s enterprise customer growth and more. To get a roundup of TechCrunch’s biggest and…
Senators urge owners, partners and VC backers of fintech Synapse to restore customers’ access to their money
A group of senators has banded together to urge Synapse’s owners and bank and fintech partners to “immediately restore customers’ access to their money.” As part of their demands, the…
The news highlights that the fallout from the Evolve data breach on third-party companies — and their customers and users — is still unclear.
Investment app Robinhood is adding more AI features for investors with its acquisition of AI-powered research platform Pluto Capital, Inc. Announced on Monday, the company says that Pluto will allow…
Plaid, once aimed at mostly fintechs, is growing its enterprise business and now has over 1,000 customers signed on
Plaid’s expansion into being a multi-product company has led to real traction beyond traditional fintech customers.
As a foreigner, navigating health insurance systems can often be difficult. German startup Feather thinks it has a solution and raised €6 million to help some of the 40-plus million…
We’re incredibly excited to announce that we’ve added a dedicated Fintech Stage to TechCrunch Disrupt 2024. It joins Space, SaaS and AI as the other industry-focused stages — all under…
Hyperplane focused on allowing banks to train their own models to power tools across their risk, collections and marketing departments.
Rainforest, a startup that embeds payment processing into other software platforms, has raised $20 million in Series A funding — less than a year after announcing the close of its…
In a push to bolster profits, more airlines are turning to controversial dynamic pricing tech, which prices fares and amenities variably based on a traveler’s willingness to pay for them.
Indian e-commerce giant Flipkart has quietly started rolling out a payments app, dubbed Super.money, as it broadens its fintech ambitions.
Welcome to TechCrunch Fintech! This week, we’re looking at a Brex exec’s jump to join venture firm a16z, Klarna selling off its payments unit and some mega-raises. To get a roundup…
Payabli builds the infrastructure that allows companies, specifically software companies, to embed and facilitate payments through APIs.
Pennylane, Qonto, Agicap, Pleo and Mollie have one thing in common. They all use Chift in one way or another to manage integrations with other services. And this relatively young…
Banking-as-a-service (BaaS) platforms have become instrumental in driving access to digital financial services by introducing fintech capabilities to non-bank businesses. Multiple businesses are tapping these platforms to circumvent the need…
Brex’s compliance head has left the fintech startup to join Andreessen Horowitz as a partner
Ali Rathod-Papier has stepped down from her role as global head of compliance at corporate card expense management startup Brex to join venture firm Andreessen Horowitz (a16z) as a partner…
PayPal Ventures leads $20M round into Gynger, which offers companies ‘buy now, pay later’ for technology purchases
Gynger, a platform that lends capital to companies for technology purchases, has raised $20 million in a Series A round led by PayPal Ventures, it told TechCrunch exclusively. The financing…
The U.S. is facing an accountant shortage. Fewer first-time candidates took the CPA exam in 2022 than in 2006, according to the American Institute of Certified Public Accountants. One possible…
Cadana, an emerging markets payroll services provider for global hiring platforms, banks $7.1M seed
The global freelancer market, a $1.3 trillion industry fueled by more than 200 million knowledge workers, drives demand for solutions that automate payroll and streamline employment and tax regulations worldwide.…
Hero, a new fintech startup based in Paris, is announcing an €11.3 million all-equity funding round led by Valar Ventures ($12.2 million at today’s exchange rate). For the past couple…
Four years after acquiring Shine, a French fintech startup that offers bank accounts to freelancers and very small companies, Société Générale has announced plans to sell Shine to Ageras. In…
Welcome to TechCrunch Fintech! This week, we’re looking at layoffs at BaaS startup Unit and car insurance company Loop, as well as Brex’s decision to abandon its co-CEO model, Apple…
Finbourne, founded out of London’s financial center, has built a platform to help financial companies organize and use more of their data in AI and other models.
AccountsIQ, a Dublin-founded accounting technology company, has raised $65 million to build “the finance function of the future” for midsized companies.
Since fintech startup Brex’s inception in 2017, its two co-founders Henrique Dubugras and Pedro Franceschi have run the company as co-CEOs. But starting today, the pair told TechCrunch in an…
India’s largest wealth manager focused on ultra-high-net-worth individuals, 360 One WAM, has agreed to acquire popular Indian mutual fund investment app ET Money for about $44 million. Earlier called IIFL…
Lightspeed Venture Partners leads $4.3M seed in automated financial reporting fintech InScope
InScope leverages machine learning and large language models to provide financial reporting and auditing processes for mid-market and enterprises.
