Lerato Motloung is a mother of two who works in a supermarket in Johannesburg, South Africa. After her phone was stolen, Motloung had to go without a mobile phone for nine months because she could not afford a new one. Then, in February 2024, she saw a…
Georgina Merhom developed the concept for SOLO after helping freelancers in Egypt who didn’t have bank accounts. © 2024 TechCrunch. All rights reserved. For personal use only.
Kashable integrates with a company’s payroll systems and then uses that data to power its fully-automated underwriting ability to extend affordable credit to that company’s employees. © 2023 TechCrunch. All rights reserved. For personal use only.
Developers add Pier’s APIs with a few lines of codes, and the company then manages the credit lifecycle from end-to-end, including origination, underwriting, compliance and servicing. © 2023 TechCrunch. All rights reserved. For personal use only.
Moving from one country to another is difficult in many ways, not the least of which involves starting over financially. Nova Credit, which started out as a graduate research project out of Stanford University about seven years ago, was founded to help…
Despite earning six-to-seven-figure-a-year incomes, many content creators are denied the capital they need to expand their businesses. The reasons vary, but most are relatively young and have limited business and credit histories, and deal with inconsistent income across platforms. It’s a lucrative problem to crack. According to one source, hundreds of millions of people now…
French startup Defacto has closed a new securitization fund that will be used to provide short-term loans to small and medium enterprises via an embedded, API-first approach. This is a new fund of up to €167 million ($183 million) with Citi and Viola Credit acting as the lenders. This is significant news for the startup…
Stripe wants to make it easier for businesses to access credit. The private financial infrastructure giant announced a new charge card program today from Stripe Issuing, its commercial card issuing product, Denise Ho, head of product for BaaS at Stripe, told TechCrunch exclusively. The company originally launched its Issuing product in 2018 and since then,…
The funding landscape in Southeast Asia is still wintery, but one fintech managed to land a major round. Kredivo Holdings, which offers credit services to underbanked consumers in Indonesia and Vietnam, has raised $270 million in what it says was an oversubscribed Series D. The round was led by Japanese bank Mizuho Bank, a subsidiary…
Highbeam, a startup that provides banking features, credit and cash flow insights to e-commerce customers, today announced that it raised $10 million in debt from TriplePoint as it looks to expand the reach of its digital product portfolio. Co-founders Samir Shergill (previously at Microsoft, McKinsey and AppNexus) and Gautam Gupta (formerly of Shopify, Venmo and…
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