Browsing: Fintech
Failed fintech startup Bench racked up more than $65 million in debt, documents reveal
By techtost.com
Bench, the accounting startup that collapsed over the holidays, filed for bankruptcy in Canada on Jan. 7, revealing huge debts, according to documents seen by TechCrunch.…
With inflation still stubbornly high compared to previous years and subscription service sirens like Netflix and Spotify continuing to beckon, consumers have understandably turned to alternative…
In the summer of 2020, as pandemic volatility hit markets, SoftBank Group shocked Wall Street with a series of huge options bets on US tech stocks.…
Welcome to TechCrunch Fintech! This week, we look at the latest on the fintech bench, Robinhood’s $45 million settlement, some M&A deals, some exciting fundraisers, and…
For many emerging market economies, remittances have become a lifeline. Inflows topped $669 billion in 2023, according to World Bank Researchand now account for significant portions…
Clearwater Analytics, a company that develops accounting, compliance and risk reporting tools for asset managers; he said On Monday it entered into a definitive agreement to…
Groww, India’s largest retail broker, is preparing to file for an IPO in 10 to 12 months, seeking a valuation between $6 billion and $8 billion,…
As digital payments transform into strategic assets, India offers a model for other nations seeking to reduce reliance on Western payment networks. Regulators around the world…
Welcome to TechCrunch Fintech! This week, we look at the Evolve Bank hack, three notable acquisitions, Plaid’s corporate client growth and more. To get a collection…
Newsletter writer covering Evolve Bank data breach says bank sent him cease-and-desist letter
By techtost.com
The situation surrounding a data breach that has affected an ever-increasing number of fintech companies has gotten even stranger. Evolve Bank & Trust announced last week…