Fintech

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Telda, an Egyptian consumer money app founded by ex-Swvl executive Ahmed Sabbah last April, has raised $20 million in seed funding. The fintech, in a statement, said it wants to “revolutionize finance for the MENAP region.”  Its first market, Egypt, is one of the highest consumer spending mar

Ntropy, a company offering an API that enriches transaction data for financial services businesses, today announced that it raised $11 million in a Series A round led by Lakestar with participation from QED Investors and January Ventures. CEO Nare Vardanyan says that the funding will be put toward

Greenlight Financial Technology, a venture-backed fintech company focused on providing a debit card, banking app and financial education to children, added another layer to its subscription plan with the introduction of family safety features. Greenlight Infinity, priced at $14.98 per month for the

Qualifying for a credit card is not easy when you have a poor credit score or none at all, but Los Angeles-based fintech company Arro wants to help consumers grow their credit line while also teaching them why that's important. This type of thing is not new; just look at Kikoff, Upgrade, Self F

The last bull market created a new wave of investors as more and more people decided to make their first foray into the markets. Step, a digital banking service geared toward teens and young adults, is one of the many companies that set out to make money by serving those new investors. And although

The buy now, pay later (BNPL) market was once seen as a bulletproof investment, given the meteoric rise of players like Klarna and Afterpay during the pandemic. But increased scrutiny over the business — regulatory and otherwise — has put a damper on the enthusiasm. The U.K. last year a

Pakistan's central bank on Friday revoked the in-principle and pilot operations approval of Tag to operate as an electronic money institution in a move that poses existential threat to the firm. State Bank of Pakistan said in an order that it is revoking Tag's approval to operate as an elec

Embedded banking has been on a growth tear in the last several years as companies turned to APIs to embed financial services like credit, payments and deposits to grow their revenues. Now, with the tech funding landscape in significant turmoil, a company in the embedded finance market has raised a

Investing app Stash, which last raised $125 million from investors in a Series G round last year, is adding crypto to the set of products it offers its 2 million users. The startup sees itself as different from competitors because of its focus on cultivating customers who are long-term investors ra

Months after the initial close of its seed round, Talk360, a South African Voice over Internet Protocol (VoIP) startup, has raised an additional $3 million, bringing the total investment raised in the round to $7 million. Talk360's latest investors include Allan Gray E2 Ventures (AGEV), Kalon V

TripActions is said to have filed confidentially to go public in the second quarter of next year at a $12 billion valuation. Citing an unnamed source, Business Insider broke the news on Wednesday that the company had filed confidential paperwork with the U.S. Securities and Exchange Commission for

Investment app Public.com (Public), a Robinhood competitor that pivoted away from the contentious payment-for-order-flow (PFOF) revenue model, is expanding its offerings in a big way. The three-year-old company purchased Otis earlier this year to allow consumers to buy and trade fractional shares i

Iliad, the telecom company owned by French billionaire and startup investor Xavier Niel, is launching a payment subsidiary called Stancer. The team has focused on one thing in particular — lowering transaction fees as much as possible. While French retailers, online shops and businesses can use