Fintech

Prolific fintech VC and QED Investors co-founder Frank Rotman says he will become partner emeritus by the end of 2025 and focus on launching his own startups (techcrunch.com)
2 days ago Fintech Startup

Mercury, which helps startups manage their finances, raised $300M led by Sequoia at a $3.5B valuation; the fintech saw $2B in deposits after SVB's collapse (www.wsj.com)
5 days ago Fintech Startup

Sources describe the collapse of fintech middleman Synapse that left ~$200M in customer money frozen, with entities blaming each other for shoddy recordkeeping (fortune.com)
23 days ago Fintech

Renaissance Capital: 12 of 40 fintech firms that went public in the US since 2020 have given positive investor returns; only Shift4 and AppLovin are profitable (www.axios.com)
2025-2-22 Fintech

Sources: a US grand jury is investigating criminal misconduct at fintech Synapse, where up to $96M in user funds went missing, and has questioned an executive (www.wsj.com)
2025-2-21 Fintech

Fintech giant Finastra notifies victims of October data breach (www.bleepingcomputer.com)
2025-2-19 Fintech

‘Indian fintech can lead by learning from global mistakes, invent tech ground up': Yubi CTO Bharat Krishnamurthy (indianexpress.com)
2025-2-5 India Fintech

Trump Media unveils fintech brand Truth.Fi with an investment of up to $250M, which may be allocated to options including bitcoin and other cryptocurrencies (www.reuters.com)
2025-1-30 Trump Bitcoin Fintech

HSBC shuts Zing after launching the payments app in Jan. 2024 to compete with Revolut and Wise, marking the latest failed fintech venture by a traditional bank (t.co)
2025-1-24 Fintech HSBC

JPMorgan files two lawsuits over its investment in fintech Viva Wallet; source: JPM claims €916M, alleging Viva deprived JPM the value of its 2022 investment (www.bloomberg.com)
2025-1-9 Fintech JPMorgan

Advertising company Outfront, whose clients include Mercury, Brex, and Venmo, says fintech ad spend over the past three years has grown an average of 45%+ YoY (www.bloomberg.com)
2025-1-6 Fintech

Fintech themes to watch in 2025: relaxed regulation in the second Trump administration, more IPOs, M&A, and VC deal activity, and the expansion of stablecoins (www.bloomberg.com)
2025-1-2 Trump IPO Fintech

US Files Complaint Against Fintech App Dave And Its CEO (news.slashdot.org)
2025-1-1 Fintech

The US DOJ files a complaint and announces a civil enforcement action against fintech startup Dave and CEO Jason Wilk, replacing an FTC complaint from November (www.reuters.com)
2024-12-31 Fintech Startup

Sources: Walmart is leading a funding round of $300M+ alongside Ribbit for Walmart's fintech venture, One, giving it a pre-money valuation of $2.5B (www.bloomberg.com)
2024-12-14 Fintech Walmart

FinTech CEOs Expose How Feds Colluded In ‘Debanking' Schemes After Andreessen ‘Opened The Floodgates' On Rogan (activistpost.com)
2024-12-6 Fintech

Sources: Trump's team interviewed Paul Atkins, a former SEC commissioner and strong proponent of crypto and fintech companies, as a candidate to lead the SEC (www.bloomberg.com)
2024-11-28 Trump Fintech

Fintech Giant Finastra Investigating Data Breach (it.slashdot.org)
2024-11-22 Fintech

Fintech giant Finastra investigates data breach after SFTP hack (www.bleepingcomputer.com)
2024-11-21 Fintech

In a lawsuit, the US FTC accuses fintech startup Dave of misleading struggling borrowers about its cash advances' terms, charging undisclosed fees, and more (www.semafor.com)
2024-11-6 Fintech Startup

Singapore-based fintech Zinc, which offers financial services tools for overseas students, raised a $25.5M seed led by Nexus Venture Partners (economictimes.indiatimes.com)
2024-10-29 Fintech Singapore

Accel: Klarna alumni have founded 62 new startups, more than any $1B+ European fintech startup; Revolut alumni founded 49, and Wise and N26 alumni had 33 each (www.cnbc.com)
2024-10-22 Europe Fintech Startup

Ripple Expands Into Digital Asset Custody, Targeting Banks and Fintech (www.the-blockchain.com)
2024-10-16 Fintech Asset

Fintech OpenBB Aims To Be More Than an 'Open Source Bloomberg Terminal' (news.slashdot.org)
2024-10-8 Fintech Open Source

FDIC Unveils Rule Forcing Banks To Keep Fintech Customer Data in Aftermath of Synapse Debacle (news.slashdot.org)
2024-9-18 Fintech

Google Pay announces key features at Global Fintech Fest ‘24: UPI Circle, UPI Vouchers, and more (indianexpress.com)
2024-8-30 Google Fintech

Tally, a fintech that helped users manage and pay off credit card debt, is shutting down; it had raised $172M and, per PitchBook, was last valued at $855M (techcrunch.com)
2024-8-13 Fintech Credit Card

Faye, which offers travel insurance and fintech services via a single smartphone app, raised a $31M Series B led by Portage; Faye raised a $10M Series A in 2023 (techcrunch.com)
2024-7-30 Fintech Insurance

Flipkart consolidates its various fintech offerings, including UPI and BNPL, under Flipkart Pay; the move follows recent expansions and a spinoff of PhonePe (economictimes.indiatimes.com)
2024-7-30 Fintech

Revolut secures a preliminary UK banking license, ending a three-year long regulatory battle; the London-based fintech has ~9M UK customers and 45M+ globally (t.co)
2024-7-25 Fintech London

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