It’s always been a slight puzzle why AngelList never really properly took off in Europe, especially when, a few years ago, there was such a dearth of funding options for poorly served European startups. But the reasons are fairly simple when you look at them. For starters, the US tech industry boomed in the last […]
Coinbase acqui-hires team behind BRD crypto wallet
As crypto proponents look to onboard a new generation of users, one of the major consumer onramps has been a host of consumer wallet apps with slick interfaces. Today, Coinbase announced that it is bringing on the team from BRD — a crypto wallet startup that first launched its mobile wallet back in 2014. While […]
Kaszek leads Z1’s latest round as it develops its bank app aimed at LatAm teens
The new capital will provide support as the company aims to grow 10 times over the next 12 months and add new features to enhance the financial inclusion and literacy of customers.
This Week in Apps: Apple defends app ad buying, Spotify gains lyrics, Instagram kills Threads
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spending in 2020. Consumers last year also spent 3.5 trillion minutes […]
In Amazon scuffle, Visa’s loss could be Affirm’s gain
Let’s look at why BNPL is becoming a more attractive payment option for big e-commerce companies like Amazon and Walmart, as well as merchant marketplaces like Square and Shopify.
US banks must soon report significant cybersecurity incidents within 36 hours
U.S. financial regulators have approved a new rule that requires banking organizations to report any “significant” cybersecurity incident within 36 hours of discovery. Under the rule, banks must inform their primary federal regulator about incidents that have — or are reasonably likely to materially affect — the viability of their operations, their ability to deliver […]
Airwallex raises $100M at a $5.5B valuation to expand its business banking and payments platform globally
E-commerce and other online businesses are becoming increasingly global in their operations and customer bases, and a startup called Airwallex — which has built a banking solution that addresses the opportunity to provide cross-border financial services — has been seeing a massive surge of activity. To capitalize further on that opportunity, today the company is […]
3 ways fintech companies can help retailers launch financial services
As retailers expand banking opportunities, they will need help positioning their products, keeping them safe and selling to end users. Now is your chance to make connections in that world.
A wave of LatAm fintechs are laying down new global commerce rails
When it comes to e-commerce, the world is smaller than ever. Developing a new global financial infrastructure capable of supporting a world dominated by digital commerce is a massive challenge.
The daemon that no one comprehends.
COBOL: The code that controls your money. “In fact, these days, when the phone rings in the house Thomas retired to — in a small town outside of Toronto — it will occasionally be someone from the bank. Hey, they’ll say, can you, uh, help… update you…