Topics
Latest
AI
Amazon
Image Credits:Bryce Durbin / TechCrunch
Apps
Biotech & Health
mood
Image Credits:Bryce Durbin / TechCrunch
Cloud Computing
Commerce Department
Crypto
go-ahead
EVs
Fintech
Fundraising
gismo
Gaming
Government & Policy
ironware
Layoffs
Media & Entertainment
Meta
Microsoft
privateness
Robotics
protection
Social
distance
Startups
TikTok
Transportation
Venture
More from TechCrunch
outcome
Startup Battlefield
StrictlyVC
Podcasts
Videos
Partner Content
TechCrunch Brand Studio
Crunchboard
Contact Us
receive toTechCrunch Fintech ! This week , we ’re looking at Stripe ’s big ware declaration , a bump in valuation for a Brazilian fintech startup and much more !
The big story
Stripeannounced that it will bede - coupling paymentsfrom the eternal rest of its financial overhaul push-down stack . This is a big change , considering that in the yesteryear , even as Stripe grew its list of services , it necessitate businesses to be payments customers to utilise any of the rest . Alongside this , the company is adding in a routine of new implant finance features and a new wave of AI tools . The fintech giant also herald that after a six - year hiatus , it willlet customers accept cryptocurrency payments , starting with just one up-to-dateness in particular , USDC stablecoins , initially only on Solana , Ethereum and Polygon .
Analysis of the week
Brazil beget a fresh fintech unicorn last week . Banking - as - a - service startupQI Techachieved unicorn statusafter raising an undisclosed amount of capital in a General Atlantic - led investment that was an extension of its$200 million Series B acclivity , which TechCrunch covered last October . QI Tech said it is also preparing to fold on the learning of Singulare , a Brazilian investment firm administration services provider , in the third quarter . Meanwhile , another Brazilian startup , Vixtra , secured $ 36 million in debt and fairness funding — another example of companies in the region continuing to draw in venture dollars .
Dollars and cents
Bump , a platform that help God Almighty manage and spring up their businesses , announceda $ 3 million seed round , with investments from ImpactX , Capitalize and Serac Ventures . Bump allows Maker to get over income and market note value , which can facilitate them negotiate good deals and see how much money partners owe them .
Y Combinator alumnus and B2B fintech startupFintocraised a $ 7 million Series A troll of fundingto consolidate its bearing in its dwelling country , Chile , and in Mexico , where it boom one year ago .
Pomelo , a startup that launched in the Philippines in 2022 — admit people in the United States to send money to the country while at the same time building their credit — hasraised $ 35 million in a Series A roundled by Dubai venture firm Vy Capital with involvement from Founders Fund .
Join us at TechCrunch Sessions: AI
Exhibit at TechCrunch Sessions: AI
you could hear the Equity crew talk about this deal and more here :
What else we’re writing
Bengaluru - headquarteredCRED , valued at $ 6.4 billion , has incur the in - rationale approval for apayment collector licensein a boost to the Indian fintech startup that could help it better serve its customers and launch raw products and experimentation with ideas faster .
wrap down a startup can be bittersweet for founders . In the case ofFundid , rising interest charge per unit shoot down the stage business finance inauguration . But VCs and partners hurt it , too , founder Stefanie Sample says inthis compelling readby Christine Hall .
After a troubled year , banking - as - a - service ( baa ) startupSynapsehasfiled for Chapter 11 bankruptcyand its assets will be evolve byTabaPay .
High-interest headlines
401Go raise $ 12 M Series A to fire next form of growth
incline vs. Brex endangerment becoming fintech ’s Uber vs. Lyft , some VCs warn
Want to make out with a tip ? netmail me at maryann@techcrunch.com or institutionalize me a subject matter on Signal at 408.204.3036 . you may also send a Federal Reserve note to the whole TechCrunch bunch at tips@techcrunch.com . For more unafraid communications , click here to contact us , which includes SecureDrop ( statement here ) and links to encrypted messaging apps .
