Marshmallow — a U.K.-based car insurance provider that has made a name for itself in the market by providing a new approach to car insurance aimed at using a wider set of data points and clever algorithms to net a more diverse set of customers and provide more competitive rates — is announcing a milestone […]
5 takeaways from Toast’s S-1 filing
Startup founders, take a minute to track Toast’s revenue growth per category over time. Sometimes diversified offense is functional defense, it turns out.
Israel’s maturing fintech ecosystem may soon create global disruptors
What is it about Israeli-founded fintech startups that stand out from their scaling neighbors across the pond?
Why fintechs are buying up legacy financial services companies
As more fintech companies find their way to higher and higher valuations in both the private and public markets, expect to see more legacy banks and lenders be gobbled up by newer entrants.
The next generation of global payments: Afterpay + Square
Sunday was a big day in fintech: Afterpay has agreed to merge with Square. This agreement sets two of the most admired financial technology companies in recent history on a path to becoming one.
Why Square is shelling out $29B to snag BNPL player Afterpay
With PayPal, Klarna, Afterpay, Affirm and a host of smaller BNPL providers proving that customers like fee-based installment loans for online purchases, Square had to join the fight or miss a trick
Element Ventures pulls in $130M to double-down on the FinTech enterprise trend
With the rise of Open Banking, Psd2 Regulation, InsurTech, and the whole, general Fintech boom, tech investors have realized that there is an increasing place for dedicated funds which double down on this ongoing movement. When you look at the rise of banking-as-a-service offerings, payments platforms, insurtech, asset management, and infrastructure providers, you realize that […]
Ivorian fintech Julaya raises $2M to digitize business payments in Francophone Africa
Julaya enables companies to streamline their accounting and improve their operational efficiency by digitizing payments to workers and suppliers instead of relying on cash.
Crypto infra startup Fireblocks raises $310M, triples valuation to $2.2B
The latest financing brings Fireblocks’ total raised since its 2018 inception to $489 million. The valuation boost correlates with its increase in customers and ARR this year.
Sila banks $13M to offer single API for developing financial products, services
Sila’s banking and payment platform gives software teams tools to build the next generation of financial products and services.