In its annual letter released Thursday, payments giant Stripe declared that it was “seeing an AI boom” with its data, revealing that artificial intelligence startups are growing more rapidly than traditional SaaS companies have historically. In a chart, Stripe showed that the top 100 AI companies (by revenue) were able to achieve $5 million in […]

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ResilienceVC, a new seed-stage fintech venture capital firm based out of Washington, D.C., is announcing its $56 million debut fund, the firm shared exclusively with TechCrunch. Founded by Tahira Dosani and Vikas Raj in 2023, ResilienceVC’s mission is a straightforward one: to back fintech companies dedicated to helping Americans find financial stability. It’s writing checks […]

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Capim, a startup offering Brazilians the option to buy now, pay later (BNPL) for dental services, has raised $26.7 million in Series A funding, it tells TechCrunch exclusively. Founded in July 2021 by Marcelo Lutz and Roberto Biselli, who serve as co-CEOs, São Paulo-based Capim describes itself as a vertical SaaS company specializing in the […]

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Fintech Brex expects its annual net revenue to reach $500 million in 2025, according to a person familiar with the company’s operations as cited by Bloomberg and The Information. While the startup did not comment on the specific revenue projection, it did share that Brex has seen “3x overall revenue growth” year-over-year. It also told […]

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Hi there, welcome to TechCrunch’s regular fintech newsletter. We’re going on hiatus for a bit, but you can still find our must-see fintech coverage, including my columns and our daily analysis and breaking news stories, at TechCrunch.com. If you want those stories and much more in your inbox every day, sign up for our daily […]

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The criminal trial against fintech startup founder Charlie Javice began on Friday, with lawyers laying out their opening arguments, Reuters reported.  Lawyers reiterated their original claims and defenses from the lawsuit filed by JPMorgan Chase against Javice in December of 2022. The financial services giant alleges that Javice helped “fake millions of customers in order […]

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Global investing in fintech startups is starting to see an uptick. Just this week, KPMG issued its Pulse of Fintech report for the second half of 2024. In the fourth quarter of 2024, investment climbed to $25.9 billion from $18 billion in the third quarter, according to KPMG. Granted, this is not the enthusiasm of […]

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Fintech Varo has been hoping to raise a $55 million Series G round but has, so far, closed on $29 million to date, according to a recent SEC filing. Varo declined to comment on this new round but the fintech has raised just over $1 billion in funding since its 2015 inception, according to PitchBook. Fintech […]

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For decades, couples going through in vitro fertilization have had to spend tens of thousands of dollars on the procedures with no guarantee of success. It’s not only an emotionally draining process, but a financially exhausting one as well. San Francisco-based startup Future Family wants to help ease some of that burden for couples with […]

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Welcome to TechCrunch Fintech!  This week we’re looking at some big valuation jumps, how Stripe is eyeing another shareholder sale, a colorful conversation with an early-stage VC, and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The big […]

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ICON, which builds homes using 3D printing, has closed on $56 million in Series C funding co-led by Norwest Venture Partners and Tiger Global, the company has confirmed to TechCrunch exclusively. The raise represents a first close for the Austin-based ICON, according to a spokesperson. Existing backers CAZ Investments, LENX, Modern Ventures, Oakhouse Partners, Overmatch […]

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If you follow fintech on X, it’s very likely that you have come across the account of Sheel Mohnot, co-founder and general partner of Better Tomorrow Ventures. With over 150,000 followers, Mohnot has built an impressive presence on the social media site. Interestingly, many of his posts have nothing to do with venture capital. Mohnot […]

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Welcome to TechCrunch Fintech!  This week we’re looking at how fintech heavyweights such as Klarna and Stripe are incorporating crypto into their strategies, which companies are planning for IPOs, one fintech’s Super Bowl ad, Stripe’s new lead of startups and venture capital, and more! To get a roundup of TechCrunch’s biggest and most important fintech […]

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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 familiar with the matter. The Information first reported the news that the payments infrastructure giant is working to sell employee-owned stocks. The move would help workers gain some liquidity as […]

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Super Bowl weekend is here with the Philadelphia Eagles set to take on the Kansas City Chiefs in New Orleans on Sunday evening. While many folks tune in to the Super Bowl for the actual football, others do so for the halftime performance, and some tune in just for the ads. The ad roster this […]

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Philadelphia Eagles’ star running back Saquon Barkley has not only become an investor in fintech startup Ramp, he is also the star of the company’s first Super Bowl commercial. Interestingly, it was Barkley who reached out to Ramp about investing, not the other way around as is so often the case with celebrity endorsements.  Barkley […]

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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 company tells TechCrunch exclusively. Lin Dai, CEO and co-founder of Miami-based Superlogic, said his company’s technology is designed to “enhance the value of rewards points” by giving consumers a broader […]

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Stripe has closed on its $1.1 billion purchase of stablecoin platform Bridge — marking the payment giant’s largest acquisition to date and tangible push into crypto. Co-founded in 2022 by Coinbase and Square alumni Zach Abrams and Sean Yu, San Antonio, Texas-based Bridge built an API that helps companies accept stablecoins. The pair raised $58 […]

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Welcome to TechCrunch Fintech!  This week we’re looking at a startup out to help people navigate long-term care using AI, a flurry of activity in Africa, another fintech company shutdown, and more. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe […]

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U.S. access and identity management giant Okta laid off 180 employees on Tuesday, the company confirmed to TechCrunch — just over one year after it let go of 400 workers. The company separately conducted a workforce reduction in February of 2023 that affected 300 employees. While Okta did not share how many employees it has […]

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