fintech startup

Hyperplane focused on allowing banks to train their own models to power tools across their risk, collections and marketing departments.

Nubank acquires AI-for-banks startup Hyperplane

Hatch Bank, a digital-first bank that provides infrastructure for fintech companies offering their own brand credit cards, confirmed hackers exploited a zero-day vulnerability in the company’s internal file transfer software…

Hatch Bank says hackers used Fortra bug to steal 140,000 customer Social Security numbers

Lost in all of the celebrations of success and the billions in venture capital funding are the ideas that did not succeed.

A decade of fintech failures: 4 innovations that didn’t live up to the hype

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Fintech predictions and opportunities for 2023

While 2022 was largely about the reset of the funding environment, 2023 will be a year of recalibration for fintech companies.

Fintech predictions and opportunities for 2023

It’s time to start thinking about a long-term strategy to build a compelling set of products, services and perks to face the next decade.

Preparing for fintech’s second decade: 4 moves your firm must make now

The investors I’ve spoken to recently are still open to good ideas, but when they come from founders who are already working toward product-market fit, it boosts their confidence.

TechCrunch+ roundup: Growth activation metrics, 3 keys to Series B, pitch deck teardown

If your business isn’t working, it’s critical to understand why and make adjustments — and that can mean letting your runway get dangerously low or making difficult choices about preserving…

An action plan for founders fundraising in fintech’s choppy waters

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Investment clubs are cool again, and maybe community is, too

The rise of group investing is just as much about culture as it is about cash.

Investment clubs are cool again, and maybe community is, too

By focusing on e-commerce, Highbeam is able to provide a single financial view of the business and help entrepreneurs decide the right cash and credit options.

Highbeam inks $7M to shine light on e-commerce-specific banking needs

TechCrunch conducted a city vibe check with those in the Atlanta area to see how the ecosystem is faring. The verdict? The Silicon Peach is doing just fine

The Silicon Peach is still ripe: Atlanta’s venture ecosystem stands strong

Green startups now need to refine their strategies for raising VC money during the scaling stage, especially when they begin assessing their defining values vis-a-vis their finances.

5 tips for scaling your green startup during a funding drought

Buy now, pay later (BNPL) products have become incredibly popular with users, and both startups and tech behemoths such as Apple have taken notice. But BNPL companies have attracted some…

Fintech Kasheesh wants financially strained customers to say ‘bye’ to BNPL

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 million to expand its B2B BNPL…

UK-based Playter closes $55M round for its BNPL platform aimed at SMEs

The key difference between 2022 and previous downturns is that this contraction was anticipated for a long time, whereas the previous downturns were far more sudden.

8 factors to consider when fundraising during a downturn

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…

Can Andreessen Horowitz prevent the next crypto winter?

A new startup lifting elements of competing businesses is far from unusual in today’s venture world, but sometimes competing founders don’t find the imitation all that flattering. Andy Bromberg, CEO…

Founder alleges that YC-backed fintech startup is ‘copy-and-pasting’ its business

As equities continue to trade down from recent peaks, investors are searching for higher returns. Some have turned to the crypto-based decentralized finance (DeFi) realm, where yields from lending and…

Y Combinator-backed fintech Pebble uses stablecoins to offer 5% yield on cash

A much-anticipated market downturn may finally be here, and investors have been preparing for it by diversifying their portfolios away from the traditional stock and bond holdings, and into alternative…

Luxus wants the crown jewel of your portfolio to be an actual diamond

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, upcoming regulation, scalability, default…

BNPL in 2022: 4 fintech investors discuss regulation, trends and how to stand out

People in the Global South are often subject to terrible fluctuations in their currencies, as well as hyperinflation. At the same time, many are unbanked, but still able to access…

Cheq hopes an easy-to-use app for stablecoins will appeal to inflation-wracked countries

Farmers don’t get embarrassed when the price of corn drops; similarly, there’s no reason for startup founders to lose their joy because publicly traded tech stocks are undercutting their valuations.

TechCrunch+ roundup: VC ‘bottom feeders,’ valuation calculator, think like an investor

UK-based TrueCircle, a computer vision startup founded just last year, has nabbed $5.5 million in pre-seed funding in a bid to bring data-driven AI to the recycling industry to improve…

TrueCircle scoops $5.5M to use AI to drive recycling efficiency

BharatPe co-founder Ashneer Grover and his relatives engaged in “extensive misappropriation of company funds” and “siphoned [off] money,” the Indian fintech startup said, citing a review by independent advisers, the…

BharatPe founder Ashneer Grover siphoned off money, Indian startup says

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: Citrix to be acquired by Vista and Evergreen/Elliott in $16.5B all-cash deal

Re:cap, a non-dilutive funding platform in a similar vein to Pipe.com and Capchase but based in Europe, has closed a Seed financing round of $111.5 million, in a mix of…

German revenue-based financing platform Re:cap raises $111.5M Seed round

UNest, a fintech startup that provides financial planning tools for parents saving on behalf of their children, announced today that it raised $26 million in Series B funding led by…

UNest raises $26M Series B to help parents save for their kids’ expenses

Koyo, a fintech startup using open banking to offer loans to people with poor credit histories, has closed a Series A funding round of $50 million in debt and equity…

‘Thin file’ loans startup Koyo closes $50M Series A led by Force Over Mass

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All the reasons why you should launch a credit or debit card

To learn more about the pros and cons, we spoke with executives from Marqeta, Expensify and Cardless.

All the reasons why you should launch a credit or debit card

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Ramp and Brex draw diverging market plans with M&A strategies

From a high level, all of the recent deal-making in corporate cards and spend management shows that it’s not enough to just help companies track what employees are expensing these days.

Ramp and Brex draw diverging market plans with M&A strategies

It’s not even half a year since crypto exchange Bitpanda announced a $170 million Series B — when, back in March, Austria’s first unicorn was being valued at $1.2 billion.…

Trading platform Bitpanda raises $263M at a $4.1BN valuation