Home / financial technology

North Korean Lazarus hackers linked to $100M Harmony bridge theft

Researchers say the hack was consistent with the activities of the North Korean hackers.

Read more

What’s a fintech even worth these days?

Fintech was the hottest thing around last year, a fact that may now turn into a venture capital and startup headache.

Read more

Paris-based Breega closes €250M fund, opens Barcelona office to back Iberian startups

Paris-originated VC Breega wasn’t enormously well-known in the VC world (it only closed its 1st fund in 2015) until, perhaps, it started attracting...

Read more

Fintech infrastructure startup Prime Trust raises $100M to add IRAs, crypto staking

The crypto infrastructure space is still hot despite the recent market downturn because it's a bet on adoption, Prime Trust's CFO said

Read more

Down bad

Welcome back to Chain Reaction. Last week, we talked about layoffs and the Winklevoss rock gods. This week, we’re looking at a new layer of...

Read more

Bitcoin falls below $20,000 and Ethereum sinks past $1,000 as crypto market free fall continues

The crypto market suffered one of its most dramatic selloffs in years this week as the prices of top cryptocurrencies declined as much as 35%...

Read more

Brex leaving adrift some SMB customers roils corporate spend market

Given how competitive the corporate spend world has proved, Brex has kicked off an interesting strategic conversation in the well-funded fintech...

Read more

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.

Read more

Is consolidation on the horizon for Southeast Asia’s tech industry?

An analysis of recent changes in the market reveals four factors that could catalyze consolidation in Southeast Asia in the near future.

Read more

What the wave of layoffs says about the value of crypto exchanges

How could companies like Coinbase, which reported massive growth and huge profits last year, now be in a position where they would need to slash...

Read more

In Southeast Asia, a booming crypto scene

Southeast Asia, a diverse region with an expanding population and rising income, is emerging as a popular destination for crypto entrepreneurs and...

Read more

Juni jumps on $206M to help e-commerce players manage their own money better

The e-commerce market is on track to pass $5.5 trillion in revenues this year, which speaks not only to how much consumers are shopping online these...

Read more

Proper raises $4.3M seed round to help other fintechs wrangle data

Proper is a "fintech-for-fintechs" founded by two former Marqeta engineers trying to streamline data management challenges

Read more

Bud raises $80M more to expand its AI-based open banking platform, used to power lending tools and more

Embedded finance — where financial services companies and others bring in different kinds of fintech technology by way of APIs to enhance their...

Read more

Three quarters of Asia’s wealthy investors will own digital assets by 2022: report

Seventy-three percent of “affluent” investors in Asia intend to hold some form of digital assets by the end of 2022, according to a new...

Read more

Terra’s Do Kwon looks for redemption with Luna token rebirth

Is Terra’s Do Kwon the Bernie Madoff of crypto? Hello and welcome back to the Chain Reaction podcast, where we unpack and explain the latest...

Read more

Gemini lays off 10% of workforce as the ‘crypto revolution’ enters its ‘contraction phase’

Despite the layoffs, Gemini co-founders Cameron and Tyler Winklevoss noted the market volatility in crypto was somewhat expected

Read more

Can Andreessen Horowitz prevent the next crypto winter?

Hey everyone, and welcome back to Chain Reaction. Last week, we talked about the rough road ahead for Coinbase. This week, we’re talking a bit...

Read more

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...

Read more

Longtime Bitcoiner Dan Held says this ‘crypto winter’ won’t be as harsh as others

Even though there is lots of talk of a crypto winter, Dan Held, director of growth marketing at crypto exchange Kraken, said the sentiment for this...

Read more

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...

Read more

Crypto asset manager Babel Finance reaches $2B valuation

Despite recent swings in cryptocurrency values, many institutional investors appear undeterred. The growth of Babel Finance, which offers a suite of...

Read more

Amid crypto market turmoil, Andreessen Horowitz announces $4.5 billion web3 fund

Despite a gloomy outlook for crypto markets based on the past few weeks of token turbulence, venture capitalists looking to spend their way into a...

Read more

TechCrunch+ roundup: Stripe vs. Plaid, IP litigation, what VCs really think about the downturn

If you work in a startup, here's some real talk: Your managers are not giving you the full picture of your company's financial situation.

Read more

Mastercard exec is bullish on crypto, sees mass adoption ‘sooner rather than later’

Mass adoption of blockchain technology and digital assets is going to happen sooner rather than later, according to Mastercard’s VP of new product...

Read more

Vibes hold steady at crypto conferences amid bearish market

It’s been a hard month for the global cryptocurrency market. And yet, community members continue to gather nonstop to network, learn and party at...

Read more

Stripe and Plaid suit up for battle

Plaid and Stripe are now standing face to face, if not already on each other’s toes.

Read more

IROKO co-founder Bastian Gotter raises $3.2M seed for new venture, Bamba

In 2010, Bastian Gotter invested up to $200,000 into IROKOtv, an African video-on-demand company Jason Njoku, his friend and co-founder, launched in...

Read more

Latest 20