Published on: 2025-05-04 23:08:52
Banking-as-a-service startup Solid (formerly called Wise) has filed for Chapter 11 bankruptcy protection, according to documents filed in the United States Bankruptcy Court for the District of Delaware on April 7. Founded in 2018, the fintech company had raised a total of nearly $81 million in funding from investors such as FTV Capital and Headline. Solid was valued at $330 million as of August 2022, according to PitchBook, when it announced a $63 million Series B round of funding led by FTV.
Keywords: bankruptcy fintech ftv million solid
Find related items on AmazonPublished on: 2025-05-09 10:22:12
Billing itself as “Stripe for emerging markets,” Turkish Fintech Sipay has raised a $78 million Series B funding round, claiming a valuation of $875 million in the process. This round is significant, as Sipay plans to expand into markets outside of Turkey, offering additional services like remittances that Stripe currently does not offer in those regions. The all-equity round was led by U.S.-based Elephant VC, with participation from Revolut co-founder Nik Storonsky’s VC firm, QuantumLight. F
Keywords: fintech markets million round sipay
Find related items on AmazonPublished on: 2025-05-26 02:18:06
In recent years, the financial technology sector has been making bank. Between 2018 and 2023, the rapidly growing "fintech" industry rose to over $39 billion in revenue, with projections to hit over $1.5 trillion by 2030. Fintech is a sweeping industry that offers money tech to financial institutions or individual users — and increasingly crypto services, itself a multi-billion dollar trade. But with crypto comes risk. A lot of risk. Despite some fintech tycoons' promises that crypto will enab
Keywords: block crypto dorsey fintech layoffs
Find related items on AmazonPublished on: 2025-06-12 22:57:39
The fintech segment, which saw massive growth during the pandemic and immediately after, had a fairly rough 2024, ending with the abrupt shutdown — and then unexpected acquisition — of accounting startup Bench. Though the rapid pace of funding has slowed, some fintechs are continuing to see growth and expand their teams. In an effort to better understand just how many fintechs might fit into this category, I put out a call last year asking for fintech companies that are hiring. After just over
Keywords: com fintech role roles techcrunch
Find related items on AmazonPublished on: 2025-06-23 21:27:54
People wait in line for T-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an initial public offering earlier in the day on July 29, 2021 in New York City. It was a bad day for tech stocks, and a brutal one for fintech. As the Nasdaq suffered its steepest decline since 2022, some of the biggest losers were companies that sit at the intersection of Wall Street and Silicon Valley. Stock trading app Robinhood tumbled 20%, bitcoin ho
Keywords: companies confidence consumer fell fintech
Find related items on AmazonPublished on: 2025-07-11 23:00:00
ResilienceVC, a new seed-stage fintech venture capital firm based out of Washington, D.C., is announcing its $56 million debut fund, the firm shared exclusively with TechCrunch. Founded by Tahira Dosani and Vikas Raj in 2023, ResilienceVC’s mission is a straightforward one: to back fintech companies dedicated to helping Americans find financial stability. It’s writing checks into companies that can help people address challenges such as becoming homeowners, getting affordable insurance and acce
Keywords: companies financial fintech raj resiliencevc
Find related items on AmazonPublished on: 2025-07-15 13:03:15
For the third year in a row, CNBC is working with market research firm Statista to list the world's top financial technology companies. Including startups, scaleups and established tech players, the top global fintech list aims to assess companies using an objective, key performance indicator-based methodology. You can find out more information on the research project and methodology by clicking here. Woman using digital tablet and credit card to do shopping. John Lamb | Digital Vision | Getty
Keywords: companies considered europe fintech list
Find related items on AmazonPublished on: 2025-07-12 04:30:00
Global investing in fintech startups is starting to see an uptick. Just this week, KPMG issued its Pulse of Fintech report for the second half of 2024. In the fourth quarter of 2024, investment climbed to $25.9 billion from $18 billion in the third quarter, according to KPMG. Granted, this is not the enthusiasm of years past, especially the wild days of 2021. But judging by our inboxes, there is no shortage of venture capitalists still betting big on the space. Below is a list of just a few VC
Keywords: fintech fund investments million seed
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