Banking
The news highlights that the fallout from the Evolve data breach on third-party companies — and their customers and users — is still unclear.
Owners of small- and medium-sized businesses check their bank balances daily to make financial decisions. But it’s entrepreneur Yoseph West’s assertion that there’s typically information and functions missing from bank…
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.…
Apple’s recent move to boost the interest rate for its Apple Card Savings Account to 4.5% is now prompting a competitor to do the same. Cash App today announced it…
A Y Combinator-backed startup called Cambio is bringing AI to the banking world in a surprising way: It’s putting AI bots on the phone with companies and consumers. The startup…
The company provides community and regional banks with end-to-end deposit management capabilities, including a deposit network.
Open banking — where traditional banks can share data, and build new services, by way of APIs that bring their ageing systems into the 21st century — has seen its…
Comun offers digital banking services, including instant payments, check deposits and early paychecks and provides customers with access to native Spanish-speaking reps seven days a week.
Data can provide a wealth of insights into the financial health of customers, along with information about how they spend their money and where. The only question is, what to…
Carefull, a fintech platform that aims to help banks protect older customers from fraud, scams and “money mistakes,” today announced that it raised $16.5 million in a Series A round…
The fintech business models that wooed consumers look increasingly tenuous. It’s only a matter of time until the house of cards collapses.
In 2021, U.K. neobank Zopa, which has been around since 2004, leapt to a $1 billion valuation on the back of a big investment from SoftBank and a plan to…
Around two years ago, Victor Cardenas and Kevin Bai — college dropouts from Stanford University and the University of Waterloo, respectively — built a fintech platform called Slash that lets…
In the wake of FRB’s collapse, founders and investors continue to wonder: Where is the best place to protect important assets?
Whether you are an individual or a company, it makes sense to have more than one bank. Yet, many startups don’t.
Signature Bank seizure creates obstacles for crypto industry while promoting ‘unbanked’ innovations
Unease is rising in crypto after federal regulators seized Signature Bank, Silvergate Capital wound down operations, and Silicon Valley Bank collapsed.
Hatch Bank, a digital-first bank that provides infrastructure for fintech companies offering their own brand credit cards, confirmed hackers exploited a zero-day vulnerability in the company’s internal file transfer software…
“We’ve come a long way, but we still have a long way to go,” one investor told TechCrunch about the event.
Highbeam secures $10M loan to provide credit, spend monitoring and more to e-commerce retailers
Highbeam, a startup that provides banking features, credit and cash flow insights to e-commerce customers, today announced that it raised $10 million in debt from TriplePoint as it looks to…
Today, banks and fintech startups tend not to provide products dedicated to families, specifically, and this has appeared as something of a gap in the market. Meanwhile the general lack of…
Neobanks have made a name for themselves by successfully winning the business of newly minted adults, opening their first checking, savings and investment accounts and uninterested in doing business with…
Jiko started its life as a mobile bank for consumers. But over time, the fintech startup has evolved its model — mostly fueled by demand — and is now making…
It provides identity management and protection for financial services, banking and consumer apps.
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Selling APIs with Orum and Amex Ventures on TechCrunch Live
Stephany Kirkpatrick launched Orum.io in 2019 and quickly gained investments from some of the top fintech venture capital firms. Why? Kirkpatrick’s company is reinventing how money is transferred between banks,…
With DolarApp, users can open a bank account going from peso to dollar dominated stablecoin USD Coin (USDc) and back in seconds.
Power’s credit card program is designed for companies, brands and banks to offer embeddable fintech experiences into existing mobile and web applications.
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,…
VC funds still rolling as Northzone announces largest fund, while Salkantay is largest Peru fund
Northzone and Salkantay Ventures join other venture capital firms in raising their largest funds to date.
Applications in the metaverse often feel like more of a marketing gimmick than something that a critical mass of consumers would use, let alone pay for. But turn to the…