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Q3 outlook forecasts cloudy days ahead for fintech M&A

Fintech M&A was down in Q2 and the prospects for Q3 remain cloudy.

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The party’s over: Tips for tracking and reporting monthly startup expenses and revenue

With more VC funds wanting to see where every dollar is spent, it is essential CEOs understand how to accurately track and report monthly expenses...

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Savana raises a fresh round of capital to digitize banks’ services

Savana, a company providing services to digitize banks' operations, has raised $35 million in a Series A round and $10 million in debt.

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Identity verification company Youverify extends seed funding to $2.5M as it expands across Africa

Youverify, an identity verification company helping African banks and startups, is announcing that it has secured a $1 million seed round extension.

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Fintech Guava raises $2.4M to provide banking services to Black small-business owners

Founded last year, Guava aims to reduce the racial wealth gap by providing financial services to Black small businesses.

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These startups want to make credit scores a thing of the past

In recent years, a number of fintech startups have emerged to try to challenge the current credit score model.

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Dutchie Pay wants to help you stop paying in cash for your cannabis

Dutchie Pay is a payment solution designed for the very specific requirements of the legal cannabis market in the U.S., but also indicative of the...

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African fintechs halt virtual dollar cards after Union54 chargeback fraud surge

Last Friday, Barter, the consumer app of Africa’s most valued startup Flutterwave, told customers via email that they would not be able to access...

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For businesses seeking low-code fintech infrastructure options, there’s a Quiltt for that

Company founders pivoted when customers wanted their fintech data engine over their budgeting app.

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YuLife picks up $120M at an $800M valuation for gamified, wellness-focused life insurance

YuLife originally made a name for itself in its home market of the U.K. for its new approach to the provisioning of life insurance: yes, sell a...

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UK’s Oxford Quantum Circuits snaps up $47M for quantum-computing-as-a-service

Quantum computing has been making quantum leaps of progress in the last several years — going from theoretical concept to multiple testing...

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Robinhood almost imploded during the Gamestop meme stock chaos

The House Committee on Financial Services released a report late last week offering a harrowing glimpse inside Robinhood during the frenzy around...

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9 ways founders can bring automation to healthcare

For years, automation has been a key driver of transformation across industries, changing the way companies and entire sectors operate. However,...

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Mono aims to be ‘first bankingless bank’ for Latin America’s small businesses

Mono is building a fully digital bank with accounts that can be opened in around 15 minutes versus an average of two weeks at an incumbent bank.

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PayCargo, a fintech for the freight industry, raises $130M

Shipping and cargo services is one of the more fragmented and analogue verticals in the world of industry, with hundreds of thousands of businesses...

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Investors show LatAm fintechs the money

Fintech startups in Latin America continue to receive impressive amounts of venture capital.

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Google expands ads verification program to tackle financial scams

Google is expanding a verification program for financial services ads that it launched in the UK last summer after seeing what it describes as a...

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Backbase raises its first funding, $128M at a $2.6B valuation, for tools that help banks with engagement

Larger banks and other financial service providers are getting a lot more serious when it comes to competing with upstarts that are disrupting their...

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Lucid partners with Bank of America to launch Lucid Financial Services

Lucid Group, which makes long-range, fast-charging luxury EVs, said on Tuesday it is joining with Bank of America to provide customer financing as...

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To better manage cybersecurity risk, extend zero-trust principles to third parties

Today’s cybersecurity landscape requires an agile and data-driven risk management strategy to deal with the ever-expanding third-party attack...

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Yummy’s super-sized round helps grow its delivery, ride-sharing super app in LatAm

Yummy is working with over 8,000 merchants, processing 800,000 monthly transactions across its markets and growing over 40% quarter over quarter.

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Constrafor grabs $106M in equity, credit to finance construction subcontractors

Constrafor provides a lending program so subcontractors don't have to wait months to get paid.

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Data-sharing platform Vendia raises $30M Series B

Vendia, a blockchain-based platform that makes it easier for businesses to share their code and data with partners across applications, platforms and...

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FlexID gets Algorand funding to offer self-sovereign IDs to Africa’s unbanked

Much of the world’s attention around blockchain is on the highs and lows of cryptocurrency values. Startups like FlexID remind us that...

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Viola Credit closes $700M fund to provide asset-based lending FinTech startups

Fintech startup and alternative credit asset manager Viola Credit, has closed its latest $700 million fund which provides asset-based lending...

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Namibian B2B e-commerce retail platform JABU raises $15M led by Tiger Global

More venture capital keeps trooping into Africa’s B2B e-commerce retail, a space where startups are digitizing informal trade to get thousands of...

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Second-largest crypto exchange FTX expands its empire with launch of stock trading feature

Sam Bankman-Fried's FTX crypto exchange will offer stocks and won't make money from controversial payment-for-order-flow tactic

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Pintarnya is building a super app for Indonesia’s blue collar workers

Indonesia’s 60 million blue collar workers contribute 20% to its gross domestic product, but they face a lot of uncertainty. Many are forced to...

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