On Wednesday, Evolve Bank and Trust, a financial institution that’s popular with fintech startups, announced that it had been victim of a cyberattack and data breach that could […]
Unit and Loop lay off staff and Brex ditches co-CEO model
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 […]
A look at LoanSnap’s troubles and which neobanks are having a moment
Welcome to TechCrunch Fintech! This week, we’re looking at LoanSnap’s woes, Nubank’s and Monzo’s positive milestones, a plethora of fintech fundraises and more! To get a roundup of […]
Germany’s financial regulator ends anti-money laundering cap on N26 signups after $10M fine
After the Wirecard scandal, Germany’s financial regulator BaFin started to look more closely at young fintech startups that wanted to grow at a rapid pace — it’s better […]
Fintech startup Mercury, which is under regulatory scrutiny, expands into consumer banking
Business banking startup Mercury, founded in 2020, is now launching a consumer banking product. Mercury today serves more than 100,000 businesses, many of which are startups, via its […]
TransferGo raises $10M to expand its remittance business in Asia, doubling valuation
TransferGo, the UK-based fintech best known as a consumer platform for global remittances, has raised a $10 million growth funding round from Taiwan-based investor Taiwania Capital, with a […]
Nsave gets $4M to enable people from unstable economies open offshore accounts
Nsave, a fintech based in Geneva making banking in Switzerland accessible to people in countries at war or those with unstable banking sectors or facing high inflation, has […]
Crypto exchange OKX ceases services in India
Crypto exchange OKX is ceasing services for users in India, it said in an email to customers Thursday, advising them to withdraw their funds by April-end. The move […]
With backing from NATO Innovation Fund, OTB Ventures will invest $185 million into European deep tech
Not a day goes by without some confirmation that deep tech is on the rise in Europe — and that public and private capital investors are here for […]