The Federal Trade Commission (FTC) announced on Tuesday it will be taking action against the online cash app and neobank Dave, which it says used “misleading marketing to deceive consumers.” At issue is how Dave marketed $500 cash advances to consumers that it rarely offered, and the “Express Fee” it charged if customers wanted their […]
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Buying a home has always been complicated. You have to figure out how much money to put down and how that down payment will affect a monthly mortgage bill. Then there are the closing costs and fees. Kevin Bennett launched Further to try to help make the financial process easier to navigate — especially for first-time […]
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Google’s Africa Investment Fund is a new investor in African fintech Moniepoint, which just closed $110 million in new financing. The Series C round, which involved an equity sale, per Bloomberg, was led by Development Partners International’s African Development Partners (ADP) III fund. Other investors, including African private equity firm Verod Capital and global impact […]
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After selling Postmates to Uber for $2.65 billion, Bastian Lehmann is back with Tiptop, a startup that wants to unlock the monetary value of things you already own. Tiptop is building an instant trade-in program that is available at checkout. Retailers can integrate Tiptop as a payment option and Tiptop handles everything from quotes to […]
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Fintech startups inspire—Visa enables. Join us at the Visa Emerging Innovators (VEI) program, where we celebrate the next generation of fintech pioneers. This year, we are thrilled to announce that we are doubling the prize to an incredible $100K! Visa has carefully selected five visionary startups from around the world, each poised to pitch their […]
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Indian fintech startup Slice has completed its merger with North East Small Finance Bank, marking a rare instance of a startup successfully entering India’s tightly regulated banking sector. The merger, first proposed last year, transforms the Bengaluru-based startup into a banking entity, following months of regulatory scrutiny that has reshaped India’s fintech landscape. Slice, which […]
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Sheena Allen, the company’s founder, told TechCrunch that CapWay had to close after it couldn’t raise another round.
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Fintech lending startup SoLo Funds is facing a new class action lawsuit according to a copy seen by TechCrunch.
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In a typical organization, finance is one of the most important functions. Yet teams are often bogged down by manual workflows. According to a survey by Paylocity, an HR software provider, 38% of finance teams spend more than a fourth of their time on manual jobs, like reviewing invoices. Matthieu Hafemeister, an ex-fintech investor at […]
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Interface.ai, a customer automation platform for banks and other financial institutions, today announced that it closed a $30 million funding round led by Avataar Venture Partners. $20 million of the round was equity, while the remaining $10 million was in the form of debt. It’s Interface’s first outside capital; the startup had been completely bootstrapped. […]
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Founded in 2017, Atoms Lanka Solutions is a provider of IT consulting and software development services. Throughout the company’s history, we have worked with over 160 customers from 5+ countries..
