Fintech

Wale Ayeni, the regional head of venture capital investments for the IFC in Africa, has left the International Finance Corporation (IFC), technewss learned on Wednesday. Ayeni, who also led the firm's venture capital efforts, more recently in the Middle East and Central Asia, is leaving after

PayPal is revamping its co-branded PayPal Cashback Mastercard credit card, issued by Synchrony, which will now give users 3% cash back when they check out using PayPal and 2% cash back on all other Mastercard purchases. The company says the higher rate can be used whenever a customer pays with PayP

Unsurprisingly, fintech startups were well-represented in Y Combinator's W22 batch, with 35 international companies participating and 25 more tagged as crypto-focused. One trend that caught our eye was that at least four startups – from three different regions – referred to themselves as th

As cryptocurrency goes mainstream, attracting individual and institutional investors, digitally-savvy employers realize tokens are an increasingly attractive form of compensation, especially for their millennial staff. But paying employees in digital assets can create all sorts of administrative hu

Building design teams face a range of challenges during the design phase, from building higher while avoiding higher costs to reducing the time to occupancy. If teams don’t do their due diligence, they risk omitting from design documents important mechanical equipment, like exhaust fans and v

Robinhood, the popular investing app for consumers, announced on Tuesday it would extend its stock trading hours in the morning and in the evening as it works toward its goal of 24/7 investing. Previously, the app offered trading from 9 AM ET to 6 PM ET — 30 minutes before the market opened a

Digits, the startup that is building a new take on accounting software through an approach that it describes as building a “Living Model” of a company’s financial activity, has brought in some money of its own to double down on growing its business. The company has raised $65 mill

The bears might have you believe it's a down market for decentralized finance (DeFi) chains, with total value locked across all decentralized finance (DeFi) chains down from all time highs, but that hasn't been true for most of the major protocols over the past week. Of the top 100 chains,

Shopify has entered the “link in bio” market with the launch of a new tool called “Linkpop.” The new offering is aimed at creators and allows them to sell products directly from their Linkpop page. Creators and merchants can include important links on the page and also launc

ClearBank — a UK fintech that has built a new set of cloud-based financial rails that allows banks and other customers real-time clearance on payment transactions and other financial services — has closed a big round of funding, money it will be using to take its services beyond its hom

One-click checkout continues to stretch out its moment, and Sleek is the latest startup to get in on the venture capital action, where similar companies like Ownit, Bolt, Checkout.com, OurPass and Rapyd have collectively raised over $3 billion in investments within the past 18 months. Toronto-based

The U.S. is notoriously behind on forward-thinking regulation for fintechs, which is unsettling considering the number of U.S. citizens in serious debt. As of the third quarter of 2021, American citizens owed more than $15 trillion, nearing the highest level in the nation's history. Buy now, pa

Women-founded companies in the U.S. raised more money from venture capitalists in 2021 than ever. Reports indicate they secured 83% more funding than the previous year, primarily attributed to the record-setting $329 billion U.S. startups raked last year. But according to data from PitchBook, less

Maybe you're one of the millions of Americans who jumped on the Bitcoin bandwagon in 2021. Or perhaps you've become an active crypto trader. Or maybe digital currency bonuses have become part of your compensation package at work. You might have even used some of it to buy something or pay s