“The fintech market is hot again,” said Sheel Mohnot, fintech investor and founder of Better Tomorrow Ventures (BTV). “And we are going to see some …
Stripe mulls employee shareholder sale at $85B-plus valuation
Stripe is in talks for another shareholder sale that could value the company at “at least” $85 billion, according to multiple reports and a source …
Ghanaian fintech Affinity bags $8M to scale digital banking in a mobile money-driven market
Africa’s top digital banking platforms typically come from high-growth, populous markets like Nigeria, South Africa, and Egypt. But Affinity Africa, an upstart from Ghana, wants …
Superlogic raises $13.7M at a $200M valuation to help consumers use reward points toward cool ‘experiences’
Superlogic, a startup that helps give consumers a way to apply rewards points toward experiences, has raised $13.7 million at a $200 million valuation, the …
Deel unloads $300M in secondary sale, brings General Catalyst on as an investor
Fintech-turned-HR outfit Deel is trying to lay the groundwork for an IPO. On Tuesday, it said its annual revenue run rate climbed to $800 million …
Egypt’s Khazna banks $16M for its financial super app and expansion into Saudi Arabia
A large portion of Egypt’s population lacks access to traditional banking, forcing many to rely on cash transactions and informal lending. Khazna, a fintech startup …
Dub: the copy trading app that has teens talking
Social media changed everything from news consumption to shopping. Now, Dub thinks it can do the same for investing through an influencer-driven marketplace where users …
Fintech startup Cushion shuts down after 8 years and over $20 million in funding
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 …