Albert Saniger, the founder and former CEO of Nate, an AI shopping app that promised a “universal” checkout experience, was charged with defrauding investors on …
Thatch raises $40M to give employees more control of their health care choices
Thatch, a startup that aims to transform the health insurance experience for employers and employees alike, has raised $40 million in a Series B round …
Y Combinator neobank Djamo raises $17M with 1M users across Francophone Africa
Djamo is one of several digital banking startups targeting Africa’s underbanked. But unlike many that focus on large markets like Nigeria, Egypt, or South Africa, …
IPO-bound Chime hopes to boost growth by offering higher interest rates
As it gears up to go public, Chime is going all in on new features in an effort to attract more customers. The digital bank …
Fintech VC powerhouse Frank Rotman stepping down from QED Investors to found his own startups
Prolific fintech investor and QED Investors co-founder Frank Rotman said Friday that he will transition to a partner emeritus role by year’s end to focus …
YC alum Mendel, a ‘Ramp for LatAm enterprises,’ raises $35M Series B
Mexico City-based Mendel has raised $35 million in a Series B round of funding, it tells TechCrunch exclusively. Corporate spend management platform Mendel last raised …
Fintech Mercury lands $300M in Sequoia-led Series C, doubles valuation to $3.5B
Digital banking startup Mercury has raised $300 million in primary and secondary funding at a $3.5 billion post-money valuation, the company confirmed to TechCrunch on …
Mortgage as an employee benefit? Kleiner Perkins leads $23.5M Series A for Multiply Mortgage
After hitting record lows at the start of the pandemic, mortgage rates began to climb in 2022 and haven’t come down significantly since. With 30-year …
Bolt CEO Ryan Breslow explains his troubled $30M personal loan, announces new ‘super app’
Bolt CEO Ryan Breslow defended the $30M personal loan he took out from his startup, while announcing Bolt’s latest launch. © 2024 TechCrunch. All rights …
BaaS startup Synctera raises $15M, signs Bolt as a customer
The banking-as-a-service space took a hit last year when Synapse collapsed. But that hasn’t stopped BaaS startup Synctera from raising another $15 million in funding, …