Sachin Bansal’s fintech Navi raises first outside capital with $100M Prosus investment
Navi is planning to go public, and this investment is a significant step in their preparation for the IPO.
Everything tagged fintech, newest first. Tags come from the classifier reading each item's summary; 394 tags used 25 times or more have their own page.
Navi is planning to go public, and this investment is a significant step in their preparation for the IPO.
PayPal is in ongoing negotiations for a potential sale to Stripe and Advent, as its new CEO seeks to revitalize the company.
Revolut, a major fintech company, obtained a full U.K. banking license in March and was valued at $75 billion in a recent secondary share sale.
Airwallex and Stripe, historically operating in separate regions and targeting distinct customers, are now beginning to overlap in their markets and offerings.
Uzum has expanded its e-commerce and fintech ecosystem across Uzbekistan, reaching 20 million users and processing $11 billion in payments.
Plaid's valuation has increased by 31% from its previous valuation of $6.1 billion in April.
The latest season of Industry explores the dynamics of money and power from the perspective of a fintech baron.
The startup CEO intends to publicly respond to the charges against her sometime this week.
The fintech giant intends to recover expenses from SonicWall following a 2025 data breach that exposed customer firewall configurations.
Flutterwave, Africa's largest fintech company, has acquired Nigerian open banking startup Mono in an all-stock deal valued between $25 million and $40 million, merging two leading fintech infrastructure companies.
Flatpay aims to compete with larger companies by offering small merchants a flat transaction rate for its card terminals and point-of-sales systems.
The partnership plans to distribute approximately 2 million credit cards backed by fixed deposits within the next year.
Super.money, Flipkart's fintech division, aims to raise new funding at a $1 billion valuation, following a $50 million investment from Flipkart.
The firm's third fund, raised six years after its inception, is almost as large as its previous fund from the fintech boom in early 2022.
JPMorgan Chase acquired fintech startup Frank for $175 million in 2021 but later accused it of misrepresenting its customer base.
Tide supports over 1.6 million micro and small enterprises worldwide, with a significant presence in India, where more than half of its clientele is located.
Jar has achieved post-tax profitability for the last two consecutive quarters.
Y Combinator-alum Rulebase is focusing on automating the less glamorous tasks in financial services, anticipating these to be the next wave of innovation.
Stripe is backing the development of a new blockchain, Tempo, aimed at accelerating stablecoin transactions, with support from numerous prominent entities.
TransBnk secured $25 million in funding from Bessemer Venture Partners to advance the digitization of corporate banking in India.
Parthi Duraisamy faced challenges with American Express card acceptance in the Middle East, leading to personal expense coverage and extensive reporting during his time as a consultant at McKinsey's Dubai office.
PayPal is collaborating with international fintech firms to enable users to make cross-border payments to various digital wallet systems.
Revolut, a UK-based fintech company, is seeking to raise $1 billion in a new funding round, potentially valuing the company at $65 billion, with Greenoaks leading the investment.
Darragh Buckley's ambitions to "own" a bank have made competitors uneasy, prompting attempts to thwart his efforts.
Klarna and Bolt have partnered to integrate Klarna's payment options, including buy-now-pay-later, into Bolt's checkout system for physical stores.
Finom, an Amsterdam-based challenger bank for small and medium-sized businesses, doubled its revenue in 2024 and secured €115 million in a Series C funding round.
Alexa von Tobel sold Learnvest to Northwestern Mutual for $250 million, became their chief digital and innovation officer, and later co-founded Inspired Capital with Penny Pritzker.
PalmPay, an African fintech company, is negotiating a Series B funding round of $50 to $100 million, following its 2021 valuation as one of Africa's top startups.
NomuPay, an Irish fintech startup, raised $40 million in a Series C round from SB Payment Service to enhance cross-border payment solutions, valuing the company at $290 million.
Monzo, known for its neon cards and millennial appeal, is transitioning from a trendy fintech to a mature, sustainable financial institution.
Acorns has acquired EarlyBird, an investment gifting platform, leading to EarlyBird's shutdown and the return of customer funds by June 23.
Rep. Gerald Connolly is investigating if startup Ramp is getting preferential treatment for a $25 million government contract, requesting information from the GSA Acting Administrator.
Sankaet Pathak's previous fintech startup, Synapse, went bankrupt in 2024 due to issues with Evolve Bank & Trust, leaving millions in consumer deposits unaccounted for, but Pathak is reportedly pursuing new ventures.
Employer.com has acquired fintech startup MainStreet.com to merge their capabilities and create a unified platform for simplifying business back office solutions.
Bench, an accounting and tax startup acquired in a fire sale last December, has confirmed significant layoffs, affecting dozens of employees.
The Sprive fintech app offers a solution to the challenge of paying off mortgages early by addressing both technological and financial barriers, despite lenders' discouragement and penalties for overpayment.
Revolut, a major U.K. fintech company, is now involved in the legal conflict between Rippling and Deel, with allegations of espionage by Rippling employee Keith O'Brien.
The Linux Foundation has evolved from managing the Linux kernel to overseeing numerous open source projects across diverse technology sectors.
Albert Saniger, founder of AI shopping app Nate, was charged with defrauding investors after raising over $50 million since 2018.
Djamo, a Y Combinator-backed fintech, targets underbanked populations in Francophone West Africa, specifically Ivory Coast and Senegal, serving over one million customers.
Network International, a leading payment processor in the Middle East and Africa, faces potential disruption from agile startups like Enza due to slower innovation.
The fintech startup has faced federal scrutiny due to its questionable financial and carbon accounting practices over several years.
Dubai-based startup Mansa offers a revolving line of credit in stablecoins, enabling instant transaction settlements for payment companies, primarily in Africa.
Africa's growing tech ecosystem is providing remote job opportunities with global firms, but payment challenges persist due to currency and processing issues.
Asya Bradley, a former fintech founder and investor, has been appointed as Stripe's head of Startup & Venture Capital Partnerships, joining the company in November.
French startup Swan has secured an additional €42 million in funding, completing its Series B round to enhance its financial product offerings.
Indian fintech startup Jar, backed by Tiger Global, has become cash flow positive while achieving over tenfold growth last year.
Nelly, a Berlin-based fintech startup, aims to dominate the healthcare industry by enhancing administrative workflows, already collaborating with over 1,200 medical practices and securing €50 million in funding for expansion.
Float Financial, a Toronto-based fintech startup, raised $48.5 million in Series B funding to enhance expense management and corporate card solutions for Canadian SMBs.
South Africa's TymeBank and Nigeria's Moniepoint have become unicorns, showcasing the success of disruptive fintech models in Africa's tech ecosystem.