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 moreCategory: online payments
UK-based Playter closes $55M round for its BNPL platform aimed at SMEs
Europe has no shortage of ‘buy now, pay later’ startups and a quick search is revealing. Berlin-based fintech startup Mondu has taken in €39.9...
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Fintech Kasheesh wants financially strained customers to say ‘bye’ to BNPL
Kasheesh just raised $5.5 million in funding for its multi-card payment solution from investors including NFL's Odell Beckham Jr
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SumUp raises $624M at $8.5B valuation, with its payments and business tech now used by 4M SMBs
A decade ago, SumUp was one of the army of fintechs that made names for themselves with dongles that turned basic smartphones into card payment...
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Thepeer, an API-based startup that connects African businesses, raises $2.1M, led by Raba Partnership
Thepeer, an African tech infrastructure startup connecting businesses’ wallets, has raised a $2.1 million seed round led by the Raba Partnership....
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Klarna’s potential valuation cut to $15B appears sufficiently steep
The Wall Street Journal recently reported that Klarna, a European buy-now-pay-later (BNPL) provider, is considering raising capital at a valuation of...
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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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PayPal expands its ‘pay later’ options with a more flexible ‘PayPal Pay Monthly’ service
After Apple shook up the Buy Now, Pay Later market with news that it would now be a competitor to established firms, PayPal this morning is...
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MFS Africa raises additional equity and debt capital to take its Series C to $200M
Pan-African digital payments network, MFS Africa, has raised $100 million in equity and debt, additional funding that takes its Series C round to...
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Apple enters the BNPL market as regulation, competition intensify
How will all of these BNPL-focused providers fare with Apple pounding its way into their market?
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MFS Africa acquires GTP for $34M as it looks to issue prepaid cards to its clients
MFS Africa acquiring U.S.-based Global Technology Partners is a deal made out of necessity for its next phase of growth.
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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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Stripe and Plaid suit up for battle
Plaid and Stripe are now standing face to face, if not already on each other’s toes.
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Match Group and Google reach an interim compromise over app payments
Match Group, the parent company of dating apps Tinder, Hinge and OkCupid, is getting along better with Google, just by a little bit. On Friday, Match...
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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...
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Interswitch receives $110M investment from LeapFrog and Tana Africa Capital
African payments company Interswitch has secured a $110 million joint investment from LeapFrog Investments and Tana Africa Capital to scale its...
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Google Chrome adds virtual credit card numbers to keep your real ones safe
Google today announced that its Chrome browser will now offer users the ability to use a virtual credit card number in online payment forms on the...
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Google launches Google Wallet to help you store your credit cards, tickets and more
Google today launched Google Wallet, a new Android and Wear OS app that will allow users to store things like credit cards, loyalty cards, digital...
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BNPL in 2022: 4 fintech investors discuss regulation, trends and how to stand out
To get a better picture of where the BNPL market is at right now, we spoke with four active investors about their expectations for the space,...
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The BNPL boom may be fading
The shocking decline in the value of Upstart and Affirm is only part of the story. There are myriad startups in the BNPL market, meaning that a large...
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Egyptian fintech Paymob raises $50M led by PayPal Ventures and Kora Capital
Egyptian fintech Paymob, which enables merchants to accept digital payments online and in-store, announced today it has raised $50 million in Series...
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Stripe flexes its fintech muscle with Financial Connections to pull banking data automatically
Stripe, the payments behemoth valued at $95 billion a year ago and now reportedly inching closer to an IPO, today announced a new product that fills...
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Affirm’s CTO talks transparency and the tech that makes BNPL possible
TechCrunch sat down with Libor Michalek, president of technology at Affirm, to understand just how the company differentiates itself from its...
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In the wake of Fast’s collapse, Volume thinks it can crack the payment checkout conundrum
Online payment methods can be expensive for merchants, who have to pay between 2% and 8% of every sale to debit and credit card, ewallet and BNPL...
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PayU doubles down on LatAm fintech, acquires Ding and leads $46M investment in ‘superapp’ Treinta in Colombia
PayU, the fintech business controlled by Prosus with operations in 50+ countries — it’s been described as the PayPal of emerging markets...
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Ant Group buys Singapore’s 2C2P to further global payments ambitions
Quietly, Alibaba’s fintech affiliate Ant Group has been building a global cross-border payments network by partnering with or investing in...
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PayPal’s new credit card pays 3% cash back on all PayPal purchases
PayPal is revamping its co-branded PayPal Cashback Mastercard credit card, issued by Synchrony, which will now give users 3% cash back when they...
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ZirooPay raises $11.4M to scale its mobile POS solutions for retailers across Nigeria
The number of POS terminals in Nigeria grew from 150,000 in 2017 to 543,000 in April 2021, according to Statista. During that period, the volume of...
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