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Fintech

Read the latest news and coverage of fintech, which stands for “financial technology,” focusing on everything from disruptor banks and innovations at established financial institutions to expense management startups, P2P payment services, checkout tools and the technologies that enable them.

JPMorgan Chase is in talks to take over the Apple Card business from Goldman Sachs, The Wall Street Journal reports. Goldman has issued credit for the Apple Card since its…

JPMorgan could take over Goldman’s Apple Card business

We’re incredibly excited to announce the final agenda for our dedicated Fintech Stage at TechCrunch Disrupt 2024. It joins Space, SaaS, AI and Builders as the other industry-focused stages —…

Announcing the final agenda for the Fintech Stage at TechCrunch Disrupt 2024

Billing might not be something that the average person thinks about on a regular basis. But for companies — particularly those in the business of selling software — it’s massively…

Orb founders grew so frustrated dealing with billing as engineers at Asana, they built their own billing software

Alex Parmley has been thinking about building his latest company, ORNG, since he was working on his last company, Phood.  Launched in 2018, Phood was a payments app that let…

Why ORNG’s founder pivoted from college food ordering to real-time money transfer

Bolt says it has settled its long-standing lawsuit with its investor Activant Capital. One-click payments startup Bolt is settling the suit by buying out the investor’s stake “after which Activant…

Fintech Bolt is buying out the investor suing over Ryan Breslow’s $30M loan

The rise of neobanks has been fascinating to witness, as a number of companies in recent years have grown from merely challenging traditional banks to being massive players in and…

Dave and Varo Bank execs are coming to TechCrunch Disrupt 2024

Online sports apparel retailer Fanatics has agreed to settle and drop a lawsuit that it filed against troubled one-click payments provider Bolt in March, according to court documents obtained by…

Bolt has quietly settled its lawsuit with Fanatics amid ongoing boardroom drama

Rajeev Behera’s new all-on-one HR startup, dubbed Every, is either brilliant or crazy.

Why Y Combinator companies are flocking to banking and HR startup Every

Novatus helps financial companies manage their data for risk and compliance data, and it has now raised $40M to expand into new markets.

Novatus nabs $40M to help financial institutions quell their regtech nightmares

Paymob has evolved into an omnichannel gateway offering over 50 methods for offline and online payments to more than 350,000+ merchants.

Paymob, started by three college friends, lands another $22M and is profitable in Egypt

Welcome to TechCrunch Fintech! It’s finally cooling down here in my home base of Austin, Texas, and that makes me happy. In this week’s newsletter, we’re looking at a big…

Finally, a bunch of SMB-focused fintechs get investor love while M&A activity heats up

Neat helps other companies sell insurance products to their own customers. In insurance lingo, it focuses on affinity insurance contracts linked to another service or product.

French embedded insurance startup Neat secures $55 million

Form3, a startup building tools to connect financial players with each other to enable account payments, has it raised $60 million to continue expanding its business. 

Form3, a quiet giant in UK fintech, raises $60M at a $570M valuation

The SMB-focused bookkeeping, accounting and finance startup Finally has raised $50 million in a Series B round of funding and secured a $150 million credit line, TechCrunch is the first…

Miami-based AI bookkeeping startup Finally has raised another big round: $200M in equity and debt

The Equity podcast crew is wrapping up another eventful week, with real estate, AI agents, gambling and secondary markets — which are, of course, a form of legalized gambling. Mary…

Real estate revolutions and beanie baby economies

Drip Capital has raised $113 million in a combination of $23 million in equity and $90 million in debt to provide credit to more small businesses in India and the…

Drip Capital, a fintech that provides working capital to SMBs, picks up $113M

For financial institutions, complying with regulations is becoming a costlier proposition. According to a recent poll, 76% of financial services firms increased their compliance expenditure from 2022 to 2023, with…

Sedric monitors the communications of employees at financial institutions to ensure compliance

HR and payroll software company Paylocity has agreed to acquire corporate spend startup Airbase for $325 million, the companies announced Wednesday. The deal is subject to regulatory approval and is…

Paylocity is acquiring corporate spend startup Airbase for $325M

Ryan Breslow’s plan to get himself reinstalled as CEO of fintech company Bolt — and push through a $450 million fundraising deal that would value the startup at a staggering $14 billion…

Ryan Breslow’s $450M Bolt deal said to involve a restraining order now

Digital lending platforms have become an easy and swift alternative source of credit for microenterprises and individuals overlooked by traditional banking institutions. These platforms have turned into a lifeline for…

Impact investors FMO and BlueOrchard back Ghana’s digital lender Fido in $30M Series B round

Palm launched in 2023 with the goal of making cash management for enterprise treasury teams easier.

From their experiences at Uber and PayPal, Palm founders want to make moving cash easier for big companies

Welcome to TechCrunch Fintech! This week, we’re looking at a new real estate startup that’s making big waves with its offering, Klarna and Affirm’s financials, a neobank focused on immigrants…

The flat-rate real estate startup that’s got big players worried and BNPL’s turning a corner

Curious about how top venture capitalists are positioning themselves for the next wave in the crypto market?  Dragonfly Capital’s Haseeb Qureshi, Galaxy Ventures’ Will Nuelle, and NFX’s Morgan Beller will…

Dragonfly Capital, Galaxy Ventures and NFX share insights on crypto scaling and strategy at TechCrunch Disrupt 2024

The Dubai-based startup, which now counts 50,000 retail and business customers in the UAE, has netted $22 million led by Altos Ventures.

Ziina banks $22M as growth explodes for the UAE-based fintech for small businesses

Only 5 days remain to grab a $200 discount on Student Passes for TechCrunch Disrupt 2024. This special offer ends on September 6 at 11:59 p.m. PT. Don’t miss out!…

Students and recent grads: 5 days left to save on TechCrunch Disrupt 2024 tickets

Validus, a Singapore-based digital lending platform for small and medium businesses, has secured $50 million in debt financing from HSBC under the ASEAN Growth Fund strategy. The company will use…

Validus, a Singapore-based digital SME lending platform, secures $50M debt financing to help enterprises in Indonesia

In the latest twist in Bolt’s aggressive fundraising efforts, the fintech company’s CEO appears to have made a veiled threat of legal action against Silverbear Capital, the investment bank whose…

Bolt reportedly threatens legal action against Silverbear Capital

Redfin is responding to a new startup that is hoping to upend the way people search for and buy homes by offering a flat-fee service. On August 29, TechCrunch reported…

Redfin is already trying to defend against a new flat-fee real estate startup

Many tech companies are expanding their reach into the web3 market, integrating blockchain and web3 technologies into their products and services. In the latest development, South Korean internet giant Naver…

South Korean tech giant Naver launches crypto wallet in partnership with Chiliz

One of the people who successfully sued the National Association of Realtors (NAR) to change real estate commissions has co-founded a new real estate startup. It all began in 2017…

After winning a landmark case against real estate agents, this startup aims to replace them with a flat fee