This newest raise comes just three months after Bolt took in a sizable $393 million in Series D funding.
African tech took center stage in 2021
Two years ago, the African tech ecosystem saw newfound attention from global players that translated to the continent’s best year of receiving venture capital. From varying sources, it is estimated up to $2 billion went into African tech startups in 2019. With high-profile visits from the most famous Jacks (Ma and Dorsey), a long-awaited first […]
TechCrunch+ roundup: Less VC for SV, 2022 marketing predictions, GTM research strategies
The fact that the Bay Area’s share of startup funding is shrinking shouldn’t be cause for alarm — it’s good news for the entire country.
American Express taps Opy for its first US third-party BNPL offering
Credit card companies are seeking to push further into the “buy now, pay later” (BNPL) market. American Express (Amex) announced today that it plans to partner with Opy, the U.S. subsidiary of Australian fintech Openpay, to allow all of its U.S. cardmembers to pay in installments for qualifying purchases in the healthcare and automotive segments. […]
Lessons we learned from the last week of fintech earnings
Let’s examine a series of winning fintech results from BNPL, consumer finance, proptech and corporate finance before turning to fintech’s earnings misses from Q3 2021.
Stitch gets a $2M seed extension, hires Benjamin Dada to lead Nigerian expansion
Two months into 2021, South African fintech Stitch came out of stealth and raised $4 million in seed funding, allowing it to begin to make inroads into Nigeria some months ago. Today, Stitch formally announced the expansion into Nigeria and a seed extension of $2 million to go with it; the total seed investment now stands […]
Stripe backs India’s Clear in $75 million funding
Stripe has made its second investment in India, just days after disclosing the first. One of the world’s most valuable startups has backed Bangalore-based SaaS fintech firm Clear, the two said Sunday evening. The 10-year-old Indian startup, formerly known as ClearTax, said it has raised $75 million in its Series C funding. The round was […]
Potential winners and losers line up as Plaid pushes deeper into payments
So now Plaid says it’s a payments company. It was only a matter of time, really.
Notion now offers free credits to any startup globally, partners with AWS and Stripe
Two years ago, Notion partnered with dozens of accelerators and incubators to provide free credits for its work collaboration platform to their portfolio startups. The firm is now aggressively making the program open to all startups. Notion is launching a new startup program Tuesday to offer a credit of at least $500 to any startup […]
TrueLayer nabs $130M at a $1B+ valuation as open banking rises as a viable option to card networks
Open banking — a disruptive technology that seeks to bypass the dominance of card networks and other traditional financial rails by letting banks open their systems directly to developers (and new services) by way of APIs — continues to gain ground in the world of financial services. As a mark of that traction, a startup […]