Barclays
After more than 10 years in operation, Tech Nation, the U.K.’s government-sanctioned ecosystem builder for U.K. tech startups and growth tech companies, is to cease operations after losing its grant…
‘Insane’ — UK tech reacts to government moves that might hand UK startups contract to Barclays Bank
Tech Nation is trailing in second place in the race to remain the U.K.’s government-backed “startup champion” after the latter put the £12 million contract out to tender, according to…
Despite continued volatility in the crypto markets, there still are plenty of funding rounds being announced by traditional finance players betting on companies experimenting with crypto. Elwood Technologies, a crypto-focused…
Digital banking startup Cogni is joining the ranks of companies hopping on the crypto bandwagon. The mobile-based platform, founded in 2018 out of Barclays’ accelerator program (which is operated by…
Immigrants to a new country can often be cash rich. The problem is that they have no credit history in their new country. Plus, a consumer cannot take their credit…
Stenn banks $50M on a $900M valuation for a platform to finance SMBs that trade internationally
Globalization has been one of the biggest trends in e-commerce in the last decade: internet rails facilitate a much wider marketplace of would-be consumers and a selection of items for…
The U.S. residential real estate market has been booming because of the pandemic. Although the rise in home prices has shut many people out of the market, it’s been highly…
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The 26 crypto startups that Y Combinator is backing in its W22 batch
Crypto was big at YC this batch. Y Combinator Demo Days returned yet again with another ballooning heap of startups. In the old days, a gaggle of TechCrunch reporters would go to the Demo Day in person, write up the presentations of each startup and hobnob with VCs during the…
ClearBank, a UK banking rails provider, raises $230M from Apax to expand into Europe and the US
ClearBank — a UK fintech that has built a new set of cloud-based financial rails that allows banks and other customers real-time clearance on payment transactions and other financial services…
Anglophone East Africa is home to over 400 million people, with half under 25. The region happens to be one of the fastest-growing globally; nevertheless, over 200 million people in…
Cell-cultured meat is a hot topic, yet the process for producing meat in this manner remains slow and costly.
Open banking — a new approach to payments and other financial services that disrupts traditional card-based infrastructure by linking directly into banks — is having a moment. On the heels…
Small and medium businesses regularly face cashflow problems. But if that’s an already inconvenient predicament, it has been exacerbated to the breaking point for too many during the COVID-19 pandemic.…
FreshBooks, a Toronto-based cloud accounting software company focused on SMBs, announced today it has secured $80.75 million in a Series E round of funding, as well as $50 million in…
SentinelOne, a late-stage security startup that helps organizations secure their data using AI and machine learning, has filed for an IPO on the New York Stock Exchange (NYSE). In an…
Amount, a company that provides technology to banks and financial institutions, has raised $99 million in a Series D funding round at a valuation of just over $1 billion. WestCap,…
The murder of George Floyd last May ignited many things in the United States last year — one of which that was perhaps unexpected: a rise in the number of…
Barclays adds itemised digital receipts to its banking app in partnership with fintech Flux
Flux, the London fintech that has built a technology platform for banks and merchants to power itemised digital receipts and more, has seen its lengthy pilot with Barclays bear fruit.…
As we plunge deeper into the pandemic, online transactions have become increasingly important, and ACH transactions, the ones that help us get direct deposit of our paychecks or pay our…
More personnel changes at Revolut are in motion, as a key member of the leadership team leaves for Barclays, and two former Amazon staffers join the London-headquartered neobank, including a…
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(How to fix) 5 common UX mistakes in online banking
Customer support is a huge part of a user’s experience, and one that every bank likes to say they’re great at. But there is a lot we can learn from the mistakes that U.K. banks have made. Based on his latest research report into the user experience of a dozen…
Companies in Seattle raised a record $3.5B in VC funding this year.
London-based STEM device maker Kano has confirmed it’s cutting a number of jobs which it claims is part of a restructuring effort to shift focus to “educational computing”. The job…
Remitly raises $220M to expand from money transfers to financial services, now at ~$1B valuation
When it comes to financial services in emerging markets, remittances — people sending money to each other across international borders, often not to established bank accounts — continues to be…
Following months-long intense regulatory setback in India, Amazon is moving back to spending big bucks to grow its business in the world’s second largest internet market. Amazon has infused Rs…
OpenFin, the company looking to provide the operating system for the financial services industry, has raised $17 million in funding through a Series C round led by Wells Fargo, with…
They say imitation is the highest form of flattery, but in the increasingly competitive world of banking, perhaps poaching your best people also counts. In a move that is bound…
Forging another link between Africa and China’s digital economies, the African-focused money transfer startup SimbaPay and Kenya’s Family Bank have launched an instant payment service from East-Africa to China via WeChat.
Investors like Walmart and Microsoft back Team8’s cybersecurity venture studio with $85 million
The Israeli cybersecurity venture studio Team8 has raised $85 million in new financing from a clutch of new and returning strategic investors including Walmart, Airbus, SoftBank, and Microsoft’s investment arm, M-12. The…
The goal of any accelerator is to back startups that are reaching exponential growth. Sometimes, though, the accelerator itself hits that inflection point. Techstars, which was founded in 2006, has…
