Fintech

TransferGo, the U.K.-based fintech best known as a consumer platform for global remittances, has raised a $10 million growth funding round from Taiwan-based investor Taiwania Capital, with a view to expanding in the Asia-Pacific region. It last raised a $50 million Series C funding round in 2021. T

Eight months after acquiring credit card startup X1 for $95 million, Robinhood announced today the launch of its new Gold Card, with a list of features that could even give Apple Card users envy. Robinhood, better known for its brokerage app aimed at the everyday investor, is touting all sorts of b

Swiss fintech nsave, which is making banking in Switzerland accessible to people in countries with unstable banking sectors or facing high inflation, has raised $4 million seed funding. The round was co-led by Sequoia Capital and TQ Ventures with participation from Y Combinator, ACE Ventures, SV An

Chances are you may have noticed that many commercial vehicles are now electric vehicles — think delivery vans, telecom minivans, utility maintenance trucks, and so on. But there are still many diesel-powered commercial vehicles because it's simply too expensive and too complicated to switch

Moove, an African mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers, has raised $100 million in a funding round as it plots expansion into new markets. Moove did not say who is leading the round, but sources close to the deal confirmed to technewss that Uber

Miami-based Onyx Private, a Y Combinator-backed digital bank that provided banking and investment services for high-earning Millennials and Gen Zers, is terminating its bank operations. In a March 13 email to a customer viewed by technewss, with a subject line that read: “Important Notice: Termi

"speakable-summary" style="text-align: left;">African financial institutions typically scale their solutions using a mix of local and foreign tech. Appzone is one of the standout local fintech software providers for banks and fintechs, providing better pricing and flexibility. For over a decade, the

India’s Paytm has secured a vital license it needed to survive and maintain continuity of several core features of its eponymous payments app, a day before the firm’s banking unit is scheduled to cease operations because of regulatory clampdown. The National Payments Corporation of Indi

While many entrepreneurs are currently facing the harsh reality of a VC funding crunch, Qonto isn't one of them. The Paris-based business banking startup still has hundreds of millions of cash on hand. And it is using an undisclosed portion of its cash reserve to acquire Regate, an accounting a

Apparently Frank Slootman, the veteran tech executive, was popular with investors, at least judging from their reaction that he will be stepping down as CEO of Snowflake. The company stock price has plunged more than 20% in after-hours trading on the news. Slootman will retreat into the role of cha

Ethiopian startup eQub is the winner of the fintech pitch-off at 4YFN 2024, Mobile World Congress’ startup event. technewss was on the ground in Barcelona to meet its business development lead Nahom Michael this week. The startup’s name is an Amharic word referring to a local form of p

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Vijay Shekhar Sharma, founder and majority owner of Paytm Payments Bank, has stepped down from the board of the troubled unit days after the Indian regulator signaled continuity at the financial firm Paytm. Paytm Payments Bank said Monday it was reconstituting the board of directors at the Paytm Pa

Investing app Grifin today officially launched its anticipated investing model called “Adaptive Investing,” which enables you to automatically invest in your favorite brands that you frequently shop from. Grifin was founded in 2017 with the hope of making investing less intimidating and normali