Chime
Fintech unicorns and decacorns are not immune to challenging economic and fundraising conditions. VCs unpack what’s going on.
Digital bank Chime confirmed today that it is laying off 12% of its workforce, or about 160 people. The Information first reported the news. According to an internal memo obtained…
While it is possible to build a neobank that isn’t bone-grafted to the venture capital markets, it can be a very long road to get to that point.
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How e-commerce companies can brave the new retail environment
Even with inflation, and a potential recession on the horizon, now is the time to reach out to existing customers and stick with them through the ups and downs.
Fintech was the hottest thing around last year, a fact that may now turn into a venture capital and startup headache.
DX is now emerging from stealth with 5,000 developer teams from companies including Chime and Upwork on board.
Cathay Innovation is hoping to secure the bag in a new investment partnership with a company that secures crypto assets. The $1.5 billion venture capital firm is entering the crypto…
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Digital banking startup Cogni is joining the ranks of companies hopping on the crypto bandwagon. The mobile-based platform, founded in 2018 out of Barclays’ accelerator program (which is operated by…
Sleek is developing a browser extension enabling one-click checkout and cash-back savings.
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Intel’s plan to free Mobileye brings welcome IPO heat check
The Mobileye IPO really does matter for the startup market’s largest players, and a host of smaller, less well-known tech startups that would also like to exit, thank you very much.
Unless you own many shares of financial technology startups, this will be fun.
What do Nu’s earnings – and the resulting investor response – mean for Chime and other neobanks on the cusp of pursuing their own public offerings?
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Fintech outperformed the market in 2021, and it’s set to do even better
We were bullish on fintech when we launched the Matrix Fintech Index in 2017, but even we underestimated the magnitude of the growth to come.
Daily Crunch: After clinching $12.3B valuation, Brex hires Meta exec as chief product officer
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
So now Plaid says it’s a payments company. It was only a matter of time, really.
In a world where fintech is so hot right now, and investors are being swept up by their excitement for the space, Chime has managed to ride the wave to…
Venture-backed fintechs raised a record $30.8 billion in the second quarter of this year, up 30% over the same quarter last year. But how are fintech founders spending it all?
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Danny was back, joining Natasha and Alex and Grace and Chris to chat through the week’s…
Extra Crunch roundup: The Nuro EC-1, early-stage growth tactics, understanding Salesforce+
“With these self driving cars, it’s only a matter of time before a country song is written about a guy’s truck leaving him.”
Understanding why investors are so willing to buy small stakes in dozens of private companies worth billions of dollars is key to grokking the crush of investment we see among…
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that…
At least a portion of the neobanking world is financially stable enough to consider public offerings.
Unit21, a startup that helps businesses monitor fraudulent activities with its no-code software, announced today it has raised $34 million in a Series B round of funding led by Tiger…
If you’re a founder who’s getting ready to knock on doors and ask strangers for money, read this first.
Chime might call itself the “fastest-growing fintech in the U.S.,” but it has agreed to stop referring to itself as a “bank,” per a new report out of American Banker.…
These businesses are fundamentally reimagining their product experience by owning the entire value chain from end to end, thereby creating a step-functionally better experience for consumers.
In an unprecedented work environment defined by distributed teams and virtual-only communication, two co-founders think their 2018 bet reigns truer than ever: mentors need mentorship, too. Christine Tao and Lori…
Exclusive: Tiger Global is raising a new $3.75 billion venture fund, one year after closing its last
According to a recent letter sent to its investors, Tiger Global Management, the New York-based investing powerhouse, is raising a new $3.75 billion venture fund called Tiger Private Investment Partners…
Venmo this morning announced it will begin to offer a new check-cashing service, “Cash a Check,” in the Venmo mobile app. The feature, which is being rolled out to select…