Cushion, a fintech startup that described itself as the “Plaid for buy now, pay later (BNPL),” has shut down. On Thursday, founder and CEO Paul …
European embedded banking startup Swan adds another $44M to its Series B
French startup Swan has raised another €42 million (around $44 million at current exchange rates). The company considers this round as the second part of …
Formance raises $21M to build the AWS for fintech infrastructure
If you talk to a fintech entrepreneur about their business, chances are they’ll end up talking about ledger issues at some point. A ledger is …
Method is helping fintech companies like SoFi build repayment functionality into their apps
It can be challenging for developers of fintech apps to integrate repayment, balance transfer, and bill pay functionality. Devs often have to deal with a …
Ramp encroaches into digital bank territory with new treasury product
Over the years, Ramp has built a name for itself in the corporate card and expense management space. It’s branched out into travel, bill pay, …
Stripe is laying off 300 people, but says it still plans to hire in 2025
Fintech giant Stripe is laying off 300 people, according to a leaked memo reported on Tuesday by Business Insider. The affected employees are “largely in …
Qomodo raises $13.9M to expand BNPL for Italy’s main-street retailers
Payments and financial solutions are two-a-penny at this point, but mostly for online e-commerce. What about physical stores? In 2023 Qomodo, a Milan-based “all-in-one” payment …
Clearwater agrees to buy investment management platform Enfusion for $1.5B
Clearwater Analytics, a company developing accounting, compliance, and risk reporting tools for asset managers, said on Monday it has entered into a definitive agreement to …
Float Financial, which aims to be the Brex of Canada, lands US$48.5M Series B
Float Financial, an expense management and corporate card startup focused on the Canadian market, has raised $48.5 million in a Series B funding round. The …
Bench customers are now being forced to hand over their data or risk losing it, they say
After accounting startup Bench abruptly shut down on December 27 and was bought in a fire-sale by Employer.com, Bench customers are now learning they can’t …