AI mortgage startup LoanSnap is facing an avalanche of lawsuits from creditors and has been evicted from its headquarters in Southern California, leaving employees worried about the company’s […]
UK neobank Monzo reports first full (pre-tax) profit, prepares for EU expansion with Dublin hub
Monzo has announced its 2024 financial results, revealing its first full-year pre-tax profit. The company also confirmed that it’s in the early stages of expanding into the broader […]
Fintech startup Forward grabs $16M to take on Stripe, lead future of integrated payments
After Brandon Lloyd sold his second company, Bypass, a payments and point-of-sale software company for sports and entertainment, to Fiserv in 2020, he dove more into the payments […]
YoLa Fresh, a GrubMarket for Morocco, digs up $7M to connect farmers with food sellers
The fresh produce supply chain in Africa and emerging markets is faced with a daily list of cascading challenges. They include environmental and labor issues through to logistical […]
The demise of BaaS fintech Synapse could derail the funding prospects for other startups in the space
Welcome to TechCrunch Fintech! This week, we’re looking at the long-term implications of Synapse’s bankruptcy on the fintech sector, Majority’s impressive ARR milestone, and more! To get a […]
Cloover wants to speed solar adoption by helping installers finance new sales
Solar panels practically sold themselves in Europe after Russia’s invasion of Ukraine sent electricity prices skyrocketing. Now, as prices have begun to fall, solar installers have found themselves […]
Elon Musk’s xAI raises $6B from Valor, a16z, and Sequoia
Elon Musk’s AI startup, xAI, has raised $6 billion in a new funding round, it said today, in one of the largest deals in the red-hot nascent space, […]
Food supply chain software maker Silo lays off ~30% of staff amid M&A discussions
Silo, a Bay Area food supply chain startup, has hit a rough patch. TechCrunch has learned that the company on Tuesday laid off roughly 30% of its staff, […]
Space VC closes $20M Fund II to back frontier tech founders from day zero
Gone are the days when space and defense were considered fundamentally antithetical to venture investment. Now, the country’s largest venture capital firms are throwing larger portions of their […]
Immigrant banking platform Majority secures $20M following 3x revenue growth
It can be challenging to pick up and move to a new country, made even more challenging if you are not used to the style of banking in […]