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Stripe leads $20M Series A into Fast, which is building a universal checkout service for e-commerce
Early this morning, Fast, a startup building platform-agnostic login and checkout services, announced that Stripe has led a $20 million investment into its business. Prior investors Index Ventures and
Brex acquires three companies to build out its bank alternative for startups
Brex wants to help startups get the money that traditional big banks won’t lend them, and it just acquired three companies to help it do so: Neji, Compose Labs and Landria. Per Brex, 12 new people
Unpacking Sequoia’s $21M conflict of interest
Yesterday, TechCrunch broke the news that Sequoia, one of the best-known venture capital firms in the market today, had “parted ways with [Finix] over a purported conflict of interest and, almost more
Podium rolls out payments for its customer-focused local-business SaaS service
Podium, a Utah-based SaaS company focused on small business customer interactions, added payments technology to its product suite today. The move accretes a new income stream to the company’s quickly
What to expect in a cash-free future
For the first time since paper money was invented 1,000 years ago, a future where cash is no longer king seems possible.
PayPal Holds Payments to Magazine's Staff After Publisher Mentioned Article on Iran in Notes
What happens when PayPal, the Treasury Department, and a New York magazine walk into a bar together? Nothing good! Read more...
Visa is acquiring Plaid for $5.3 billion, 2x its final private valuation
Visa announced today that it is buying financial services API startup Plaid for $5.3 billion. Plaid develops financial services APIs. It is akin to what Stripe does for payments, but instead of
Cross-border investments aren’t dead, they’re getting smarter
In recent years, the venture capital and startup worlds have seen a significant shift towards globalization. More and more startups are going global and breaking borders.
In the shadow of Amazon and Microsoft, Seattle startups are having a moment
Companies in Seattle raised a record $3.5B in VC funding this year.
Who will the winners be in the future of fintech?
In a world where people access their financial services through one universal hub, which companies are the best-positioned to win?
Fintech’s next decade will look radically different
Fintechs are heavily verticalized, recreating the offline branches of financial services by bringing them online and introducing efficiencies, but the next decade will look very different.
Is fintech overhyped or understated?
Fintech went from being virtually unheard of a decade ago to capturing more than $26 billion dollars in fundraising so far this year.
Sleek raises $5M to help companies incorporate and operate in Singapore and Hong Kong
Sleek, a startup that is making it easier for other startups and companies to incorporate and operate in Singapore and Hong Kong, said today it has extended its seed financing round to raise $5
Stripe is trying to rewire the internet’s attention economy
Forget unicorns: Stripe is a $35 billion fintech gorilla.
A guide to the biggest beasts in the fintech unicorn herd
Investors and entrepreneurs say it's no secret there's too much money chasing too few real opportunities.
No Libra-style digital currencies without rules, say EU finance ministers
European Union finance ministers have agreed to a de facto ban on the launch in the region of so-called global “stablecoins” such as Facebook’s planned Libra digital currency until the bloc has a
Rapyd, which offers fintech-as-a-service via a single API, adds $20M more to its coffers at a $1.2B valuation
One of the biggest trends in the world of financial technology has been an ongoing push towards consolidation, where larger fish are snapping up smaller fish (including a proliferation of interesting
Elavon to acquire Sage Pay, a gateway that competes with Stripe, PayPal and Adyen, for $300M
E-commerce continues to gain momentum — a trend we’ll see played out in the next two months of holiday shopping — and with that comes more consolidation. Today, Elavon, the payments company that is a
How Mark Zuckerberg plans to make money with Facebook Pay
Facebook's push into payments hasn't always gone smoothly.
Nigeria’s top fintech company is set to be Africa’s first home-grown unicorn with Visa investment
Global payments giant Visa is paying $200 million for 20% stake in Interswitch, the 17-year old Nigerian electronic payments company