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 […]
‘Lawyer-in-the-loop’ startup Wordsmith wants to bring AI paralegals to all employees
Wordsmith, a fledgling Scottish legal tech startup, has somehow managed to attract the backing of two well-known venture capital firms. The startup targets in-house legal teams and law […]
Elon Musk’s X revenue has officially plummeted, new documents show
X is planning to launch a payment services system in hopes that it helps to remedy the company’s revenue-loss woes.
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 […]
Fintech Brex abandons co-CEO model, talks IPO, cash burn and plans for a secondary sale
Since fintech startup Brex’s inception in 2017, its two co-founders Henrique Dubugras and Pedro Franceschi have run the company as co-CEOs. But starting today, the pair told TechCrunch […]
Rippling’s tender offer decision draws mixed — and strong — reactions
Welcome to TechCrunch Fintech! This week, we’re looking at Rippling’s controversial decision to ban some former employees from selling their stock, Carta’s massive valuation drop, a GenZ-focused fintech […]
When foes become friends: Capital One partners with fintech giants Stripe, Adyen to prevent fraud
The tension between incumbents and fintechs has existed for decades. But every once in a while, the two groups decide to put their competition aside and work together. […]
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 […]
Startups Weekly: Musk raises $6B for AI and the fintech dominoes are falling
Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every […]
Stripe curbs India ambitions over regulatory changes
Stripe, the global fintech giant, said on Friday that it will temporarily move to an invite-only model for new account sign-ups in India, “a tough decision” it’s making […]