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 […]
Romanian startup FintechOS raises $60M to help old banks fight back against neobanks
Over the years, fintech startups, particularly neobanks, have thrown a cat among the pigeons in banking and finance by building whole new banking software stacks. But a startup […]
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 […]
Peter Thiel-founded Valar Ventures raised a $300 million fund, half the size of its last one
The perception in Silicon Valley is that every investor would love to be in business with Peter Thiel. But the venture capital fundraising environment has become so difficult, […]
Pine Labs gets Singapore court approval to shift base to India
Pine Labs, a merchant commerce startup, has received approval from a Singapore court to merge its local entity with its Indian unit, and transfer all its assets and […]
Chilean instant payments API startup Fintoc raises $7 million to turn Mexico into its main market
Open banking may be a global trend, but implementation is fragmented. The fintech startups doing the legwork to make it a reality in smaller markets could become M&A […]
India’s central bank cracks down on Kotak Mahindra Bank over IT, risk management lapses
India’s central bank on Wednesday ordered Kotak Mahindra Bank to immediately cease onboarding new customers through its online and mobile banking channels, and to stop issuing fresh credit […]
Fintech CRED secures in-principle approval for payment aggregator license
CRED has received the in-principle approval for payment aggregator license in a boost to the Indian fintech startup that could help it better serve its customers and launch […]
India scrambles to curb PhonePe and Google’s dominance in mobile payments
The National Payments Corporation of India (NPCI), the governing body overseeing the country’s widely used Unified Payments Interface (UPI) mobile payment system, is set to engage with various […]
Fintech representation in YC’s Demo Days is definitely shrinking
Welcome to TechCrunch Fintech! This week, we’re looking at just how many fintech companies made it into Y Combinator’s Winter 2024 cohort, how much funding slid in the […]