Browsing: Money
Senators urge owners, partners and VC backers of fintech Synapse to restore customers’ access to their money
A group of senators has rallied to urge Synapse’s owners and bank and fintech partners to “immediately restore customers’ access to their money.” As part of…
Connect Money raises $8 million to enable non-bank businesses to offer integrated financial services
Banking-as-a-service (BaaS) platforms have become instrumental in promoting access to digital financial services by introducing fintech capabilities to non-banking businesses. Many businesses leverage these platforms to…
Remittances from US workers to their families and friends in Latin America amounted to $155 billion in 2023. With such a huge opportunity, banks, money transfer…
Big tech companies are plowing money into AI startups, which could help them avoid antitrust concerns
Another week, and another round of crazy cash infusions and valuations has emerged from the AI realm. DeepLan artificial intelligence language translation startup, raised $300 million…
Following OpenAI’s announcement of the latest iteration of the GPT large language model, its biggest competitor in genetic AI in the US has announced its own…
Bankruptcy lawyers representing clients affected by the dramatic crash of cryptocurrency exchange FTX 17 months ago say the vast majority of victims will get their money…
TechCrunch Fintech: Meet PayJoy, a fintech that works where you do good and earn money
Welcome to TechCrunch Fintech! This week, we look at how two fintech companies serving the underserved are doing and more! To get a collection of TechCrunch’s…
Sam Bankman-Fried sentenced to 25 years in prison for fraud and money laundering at FTX, ordered to pay $11 billion in forfeiture
Sam Bankman-Fried, co-founder and former CEO of crypto exchange FTX and trading firm Alameda Research, was sentenced to 25 years in prison by Southern District of…
TikTok is expanding its Effect Creator Rewards monetization program to more regions and lowering its payout limit, the company announced today. The program, which launched in…
ShopMya marketing platform for content creators to connect with brands and monetize their content, announced that it has raised $18.5 million. The company will use the…