Fintech
Former teen model co-created app Frich to help Gen Z be more realistic about finances
3 hours ago
As a teen model, Katrin Kaurov became financially independent at a young age. Aleksandra Medina, whom she met at NYU Abu Dhabi, also learned to manage money early on. The…
Fintech
Bootstrapped for over a decade, this Dallas company just secured $110M to help people pay bills by text
1 day ago
Solutions by Text, a company that gives people a way to pay their bills and apply for loans via text messaging, has secured $110 million in new growth funding. Edison…
Fintech
The demise of BaaS fintech Synapse could derail the funding prospects for other startups in the space
2 days ago
Welcome to TechCrunch Fintech! This week, we’re looking at the long-term implications of Synapse’s bankruptcy on the fintech sector, Majority’s impressive ARR milestone, and more! To get a roundup of…
Featured Article
Synapse, backed by a16z, has collapsed, and 10M consumers could be hurt
Synapse’s bankruptcy shows just how treacherous things are for the often-interdependent fintech world when one key player hits trouble.
8:00 am PDT • May 25, 2024
Venture
The proposed AI ‘kill switch,’ and why it’s rough out there for emerging fund managers
7:10 AM PDT • May 24, 2024
It was an event-filled week in startup land, and the Equity crew had a blast breaking it down for you. On today’s episode of TechCrunch’s…
For this episode of Equity, we spoke to two Aussie VCs: Dan Krasnostein of Square Peg and Gabrielle Munzer of Main Sequence.
Fintech
Teen fintech Copper had to abruptly discontinue its banking, debit products
1:00 pm PDT • May 21, 2024
Another fintech startup, and its customers, has been gravely impacted by the implosion of banking-as-a-service startup Synapse. Copper Banking, a digital banking service aimed at teens, notified its customers on…
Welcome to TechCrunch Fintech! This week, we’re looking at the continued fallout from Synapse’s bankruptcy, how Layer wants to disrupt SMB accounting, and much more! To get a roundup of…
Startups
AI’s busy week, and why the heck are so many VCs leaving their firms?
7:10 AM PDT • May 17, 2024
If there was one thing we heard about this week, it was AI. As a matter of fact, there were so many AI updates to…
Startups
A US Trustee wants troubled fintech Synapse to be liquidated via Chapter 7 bankruptcy, cites ‘gross mismanagement’
4:01 pm PDT • May 16, 2024
The prospects for troubled banking-as-a-service startup Synapse have gone from bad to worse this week after a United States Trustee filed an emergency motion on Wednesday. The trustee is asking…
Startups
Khosla Ventures, Pear VC triple down on Honey Homes, a smart way to hire a handyman
8:00 am PDT • May 16, 2024
There’s apparently a lot of demand for an on-demand handyperson. Khosla Ventures and Pear VC have just tripled down on their investment in Honey Homes, which offers up a dedicated…
When Newchip, an online accelerator promising to help startups, filed for Chapter 11 bankruptcy in March 2023, it was revealed that the company had just…
Startups
Meet PayHOA, a profitable and once-bootstrapped SaaS startup that just landed a $27.5M Series A
4:00 am PDT • May 15, 2024
PayHOA, a previously bootstrapped Kentucky-based startup that offers software for self-managed homeowner associations (HOAs), is an example of how real-world problems can translate into opportunity. It just raised a $27.5…
Fintech
Inside TabaPay’s drama-filled decision to abandon its plans to buy Synapse’s assets
10:00 am PDT • May 14, 2024
Welcome to TechCrunch Fintech! This week, we look at the drama around TabaPay deciding to not buy Synapse’s assets, as well as stocks dropping for a couple of fintechs, Monzo raising…
Finally, some good news! This week, we were pleasantly surprised to see that FTX’s fraud victims would be getting some money back — even if…
Fintech
Inside Mercury’s competitive push into software and Ramp’s potential M&A targets
10:05 am PDT • May 7, 2024
Welcome to TechCrunch Fintech! This week, we’re looking at Mercury’s latest expansions, wallet-as-a-service startup Ansa’s raise and more! To get a roundup of TechCrunch’s biggest and most important fintech stories…
