Topics
Latest
AI
Amazon
Image Credits:Getty Images
Apps
Biotech & Health
Climate
Image Credits:Getty Images
Cloud Computing
DoC
Crypto
Image Credits:Tabby
Enterprise
EVs
Fintech
Image Credits:Olga Arsentyeva / Getty Images
fund raise
gadget
Gaming
Government & Policy
Hardware
layoff
Media & Entertainment
Meta
Microsoft
Privacy
Robotics
Security
Social
Space
Startups
TikTok
conveyance
Venture
More from TechCrunch
Events
Startup Battlefield
StrictlyVC
Podcasts
video
Partner Content
TechCrunch Brand Studio
Crunchboard
Contact Us
receive to TechCrunch Fintech !
This week we ’re face at some grown valuation jumps , how Stripe is eyeing another shareholder sale , a colorful conversation with an former - level VC , and more !
The big story
Last calendar week was a undecomposed one when it came to funding for fintech startups . Riyadh - basedTabbybecame the most worthful fintech in MENA aftersecuring $ 160 millionin a Series E round at a $ 3.3 billion valuation as it expands beyond buy now , pay later . That ’s double the $ 1.5 billion it was value at just 18 months ago . telling . And , India’sZeta , a provider of banking software program to banks and fintech inauguration , raised $ 50 millionfrom a strategical investor at a $ 2 billion valuation . That ’s up from the $ 1.15 billion Leontyne Price tag end ( pre - money ) it earned in 2021 . Meanwhile , Mercuryis reportedly in talks to provoke capitalin a young round conduce by Sequoiaat an over $ 3 billion evaluation , which would double the company ’ value . ( The company had no remark when TechCrunch reached out . ) If these deals are any indication of what 2025 is going to be like , I ’m bracing myself . Starting to get 2021 flashback . ( Not quite , but still … )
Show me the money
defrayment substructure giantStripeis in talking foranother shareholder salethat could value the company at “ at least ” $ 85 billion , according to multiple reports and a reference familiar with the affair .
Lagos - basedRaenest , which offers multi - currency account , hasraised $ 11 millionin a funding rhythm contribute by QED Investors to expand its reach across Africa .
Ghanian fintechAffinity Africahasraised $ 8 millionin come backing to elaborate its financial intersection further across the nation , where mobile money is the dominant financial tool .
Join us at TechCrunch Sessions: AI
Exhibit at TechCrunch Sessions: AI
Comulate , which builds tools to help insurers manage billing and revenue operations , hasclosed a $ 20 million Series B roundthat it will employ to enlarge its tech heap to cover more functions and scale cognitive operation .
Cap tabular array direction firmCartamade headlinesin 2020 when its former merchandising VP Emily Kramer filed a lawsuit alleging gender discrimination and retaliation . That display case wassettledin 2023 . But since then , Carta has settled two other case filed by women who lick at the firm and so-called sexual harassment and discrimination , legal filings seen by TechCrunch show . Charles Rollethas more on this .
Crypto exchangeCoinbaseis workings onits reentry to Indiamore than a class after it officiallyceased operationsin the world ’s most populous country .
I had an absolute gust verbalise withSheel Mohnot , worldwide collaborator ofBetter Tomorrow Venturesfor TechCrunch ’s Equity Podcast . We chatted about everything from that time he was in a Justin Bieber video , to how societal media has help him make headway deals , to howhe thinks fintech is produce a major comeback .
High-interest headlines
Speaking of mega - raises : Fraud detection startup Sardine AI enwrap up $ 70 M Series C.
Vouch acquires StartSure Insurance Services ; raise Series D funding
Varo CEO Colin Walsh tap Gavin Michael to succeed him
Robinhood ’s Q4 crypto gross soars 700 % year - over - yr
Thanks for indication ! Until next week … follow me on X@bayareawriterfor breaking fintech newsworthiness , post about coffee berry , and more .
