Fintech

COVID-19 cemented e-commerce into everyone’s daily habits in 2020, and as we look ahead, B2B e-commerce is quickly becoming the next frontier for founders and investors. The pandemic pushed businesses online, and the emergence of B2B marketplaces and e-commerce infrastructure is fueling a new

PayPal-owned payments app Venmo will no longer offer a public, global feed of users’ transactions, as part of a significant redesign focused on expanding the app’s privacy controls and better highlighting some of Venmo’s newer features. The company says it will instead only show u

Sundae, a residential real estate marketplace that pairs sellers of dated or damaged property with potential buyers, has raised $80 million in a Series C funding round co-led by Fifth Wall and General Global Capital. QED Investors, Wellington Management, Susa Ventures, Founders Fund, First American

The fintech sector has been hugely successful (and hugely profitable) for much of the last decade, and even more so during the pandemic. But it might come as a surprise to learn that many in the industry believe that the story is just beginning and the sector is poised to achieve much more, with fi

Mortgages may not be considered sexy, but they are a big business. If you've refinanced or purchased a home digitally lately, you may not have noticed the company powering the software behind it — but there's a good chance that company is Blend. Founded in 2012, the start

Digital payments giant Paytm, one of India's most valuable startups, plans to raise up to $2.2 billion in an initial public offering, it said in draft papers submitted to the country’s market regulator on Friday. The Noida-headquartered firm — backed by Alibaba (which, alongside Ant

A new $7.9 million seed round boosts Butlr Technologies' ability to apply its real-time people-sensing technology beyond commercial real estate and retail uses to monitor falls and other movements for active seniors who are aging in place. Hyperplane led the round, with Founder Collective, Unio

Just over four months after announcing a $75 million Series D, M1 Finance today is announcing a new $150 million Series E round of funding led by SoftBank's Vision Fund 2. The financing, which also included participation from existing backers, propels the Chicago-based fintech to unicorn status

Reserve Bank of India has indefinitely barred Mastercard from issuing new debit, credit or prepaid cards to customers in the South Asian market over noncompliance with local data storage rules. The South Asian market’s central bank said the new restrictions will go into effect on July 22. 

Proper, an automated accounting and bookkeeping service for property managers, announced Wednesday it raised $9 million in Series A funding in a round led by QED. Existing investors MetaProp, Expa and Bling Capital also participated in the round, which gives the San Francisco-based proptech company

Technology plays a huge role in nearly every aspect of financial services today. As the world moved online, tools and infrastructure to help people manage their money and make payments have burgeoned the world over in the past decade. With much of the finance world now leveraging technology to cond

Ask any employee and they'll tell you one of their least favorite things to do is file expenses. And for companies, the process of managing corporate spend is one of their biggest challenges. Corporate credit cards help ease that pain, so it's no surprise that the competition between startu

On June 18, Babajide Duroshola, ex-country head, SafeBoda Nigeria, stepped down from his role two years after taking the job post-Andela. Less than a month later, the executive has found a new role as general manager for Kenyan company M-KOPA. His appointment coincides with M-KOPA’s broader e

When Daniel Simon sold Bread, a consumer purchase finance and payments startup he'd co-founded, to Alliance Data Systems for over $500 million late last year, he quickly set his sights on building another startup. During the pandemic, Simon says he observed how much strain was placed on what he