Banking-as-a-service (BaaS) platforms are 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 […]
Félix Pago raises $15.5 million to help Latino workers send money home via WhatsApp
Remittances from workers in the U.S. to their families and friends in Latin America amounted to $155 billion in 2023. With such a huge opportunity, banks, money transfer […]
Shipping logistics startup Harbor Lab raises $16M Series A led by Atomico
Cargo ships docking at a commercial port incur costs called “disbursements” and “port call expenses.” This might be port dues, towage, and pilotage fees. It’s a complex patchwork […]
Hackers are threatening to publish a huge stolen sanctions and financial crimes watchlist
A financially motivated hacking group says it has stolen a confidential database containing millions of records that companies use for screening potential customers for links to sanctions and […]
Lawhive raises $12M to expand its legaltech AI platform for small firms
UK-based legaltech company Lawhive, which offers an AI-based in-house ‘lawyer’ through a software-as-a-service platform targeted at small law firms, has raised £9.5 million ($11.9M) in a seed round […]
How crypto exchange Backpack climbed its way to success after its major investor FTX died
Backpack’s founders, who are building a crypto exchange and wallet, have experienced strong growth since launching in 2022. But the road wasn’t easy. FTX co-led Backpack’s $20 million […]
Nigeria’s Youverify raises $2.5M to enhance anti-money laundering compliance
Youverify, a Nigerian provider of identity verification and anti-money laundering (AML) solutions for banks and startups, secured a $2.5 million investment from Elm, which specializes in offering ready-made […]
MWC: Ethiopian fintech eQub digitizes peer-to-peer credit
Ethiopian startup eQub is the winner of the fintech pitch-off at 4YFN 2024, Mobile World Congress’ startup event. TechCrunch was on the ground in Barcelona to meet its […]
Singapore-based fintech Xalts acquires digital trade platform Contour Network
In a role reversal, Xalts, a Singapore fintech startup founded 18 months ago, has acquired Contour Network, a digital trade platform set up by eight major banks including […]
Carta’s missteps and real estate fintech’s up-and-down week
Welcome to TechCrunch Fintech (formerly The Interchange)! In this edition, I’m going to look at some hits and misses in the real estate fintech space, Carta’s missteps (again), […]