Fintech

Life insurance has had a new lease on life in the era of insuretech, and today one of the companies building a business out of rethinking everything — from target customers through to how to provision and pay for insurance, and how much coverage to give — is announcing some funding on t

B Capital Group, which last week co-led Indian social commerce Meesho’s $570 million funding, is in advanced stages of talks to back Bangalore-based neobank Fi (formerly known as epiFi), many aware of the talks told me. Fi offers a neobanking service for millennials in India. The startup, whi

Over the last several years, a series of startups have emerged to cut through the complexity of launching financial services by offering technology that sits on top of partner banks' infrastructure and enables developers to spin up bank accounts, payments and card capabilities through APIs. The

Verto, a global B2B payments platform that allows small and medium-sized enterprises (SMEs) to make payments to their suppliers, today announced that it has closed $10 million in Series A funding. Quona Capital, an emerging fintech-focused venture capital firm, led the round. Other firms also parti

Mlennial consumers are emerging as a key demographic in the insurance market, and today a Swedish startup that’s buding a business catering specifically to their needs and priorities is announcing a round of funding to fuel its growth. Hedvig, a neo-insurer that provides property, travel, con

Roham Gharegozlou has been betting on the potential success of NFTs for years. This year, it happened. Gharegozlou and the team at his startup, Dapper Labs, shipped the blockchain world’s first popular game, CryptoKitties, back in 2017. The startup then launched NBA Top Shot late last year, a

French startup Swan has raised an $18.7 million Series A funding round (€16 million) led by Accel. The company provides a banking-as-a-service platform for other products and services. Embedded finance has been an important trend for the past few years in fintech. Companies that operate in this s

Paystack, the African fintech company that powers and processes payments for businesses, today announced that it is launching Pay with Apple Pay on its platform. The company, in a statement, called the integration “the fastest, secure way for Nigerian businesses to accept international paymen

Spenmo originated as an expense management platform before realizing that expenses “are just a tiny sliver” of a company's payables, founder and CEO Mohandass Kalaichelvan told technewss. Financial teams also need to manage vendor payments, supplier payments, payroll and reconcile bank acc

PayPal has been talking about its “super app” plans for some time, having recently told investors its upcoming digital wallet and payments app had been given a go for launch. Today, the first version of that app is officially being introduced, offering a combination of financial tools i

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

Business, now more than ever before, is going digital, and today a startup that’s building a vertically integrated solution to meet business banking needs is announcing a big round of funding to tap into the opportunity. Airwallex — which provides business banking services directly to b

FloBiz, an Indian startup that is building a neobank for small- and medium-sized businesses in the South Asian market, said on Monday it has raised $31 million in a new financing round as it works to broaden its product offerings. Sequoia Capital India and Think Investments co-led the 18-month-old

Pine Labs said on Thursday it has raised an additional $100 million, just weeks after securing $600 million in a financing round, as the Asian merchant commerce platform begins to explore the public markets. The U.S.-based investment management company Invesco Developing Markets Fund made the $100