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Month: January 2025

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Posted on January 31, 2025 by: admin

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 …

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Posted on January 31, 2025 by: admin

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 …

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Posted on January 30, 2025 by: admin

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 …

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Posted on January 24, 2025 by: admin

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 …

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Posted on January 23, 2025 by: admin

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, …

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Posted on January 22, 2025 by: admin

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 …

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Posted on January 22, 2025 by: admin

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 …

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Posted on January 14, 2025 by: admin

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 …

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Posted on January 14, 2025 by: admin

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 …

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Posted on January 11, 2025 by: admin

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 …

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