Apple’s new credit card has a curious security feature that will make it much more difficult to carry out credit card fraud. The aptly named Apple Card is a new credit card, built into your iPhone Wallet app, which the company says will help customers live a “healthier” financial lifestyle. The card is designed to […]
View More Apple Card will make credit card fraud a lot more difficultCategory: Bank
Apple Card will make credit card fraud a lot more difficult
Apple’s new credit card has a curious security feature that will make it much more difficult to carry out credit card fraud. The aptly named Apple Card is a new credit card, built into your iPhone Wallet app, which the company says will help customers live a “healthier” financial lifestyle. The card is designed to […]
View More Apple Card will make credit card fraud a lot more difficultNigerian fintech startup OneFi acquires payment company Amplify
Lagos based online lending startup OneFi is buying Nigerian payment solutions company Amplify for an undisclosed amount. OneFi will take over Amplify’s IP, team, and client network of over 1000 merchants to which Amplify provides payment processing services, OneFi CEO Chijioke Dozie told TechCrunch. The move comes as fintech has become one of Africa’s most […]
View More Nigerian fintech startup OneFi acquires payment company AmplifySingapore fintech startup Instarem closes $41M Series C for global growth
Singapore’s Instarem, a fintech startup that helps banks and consumers send money overseas at lower cost, has closed a $41 million Series C financing round to go after global expansion opportunities. The four-year-old company announced a first close of $20 million last November, and it has now doubled that tally (and a little extra) thanks […]
View More Singapore fintech startup Instarem closes $41M Series C for global growthChanges at YC, $1.5B more for ride hailing, and Airbnb buys HotelTonight
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.
View More Changes at YC, $1.5B more for ride hailing, and Airbnb buys HotelTonightRevolut CFO resigns following money laundering controversy
This hasn’t been a good week for challenger bank Revolut . The company, which offers digital banking services and is valued at $1.7 billion, confirmed today that embattled CFO Peter O’Higgins has resigned and left the business. The startup and O’Higgins have been under pressure after a Daily Telegraph report that revealed that Revolt switched […]
View More Revolut CFO resigns following money laundering controversyChina wants its rural villages to go cashless by 2020
Residents of even the tiniest far-flung villages in China may soon be able to pay on their phones to run daily errands as Beijing announced this month that it aims to make mobile payments ubiquitous in rural areas by the end of 2020. The plan arrived in a set of guidelines (document link in Chinese) […]
View More China wants its rural villages to go cashless by 2020India’s Swiggy goes beyond food to offer product delivery from local stores
Swiggy, the Indian food delivery service, has made its much anticipated moved into general deliveries today after it announced its new ‘stores’ product. The move has been speculated since as early as 2017, but recent developments have taken the company closer towards the expansion. Last September, Swiggy picked up delivery service SuprDaily in an acquisition […]
View More India’s Swiggy goes beyond food to offer product delivery from local storesHow business-to-business startups reduce inequality
Sibjeet Mahapatra Contributor Share on Twitter Sib Mahapatra first explored VR at Redfin. He is co-founder of Recess Labs and a Venture Fellow at Notation Capital, where he researches frontier tech including AR and VR. More posts by this contributor VR, presence and the case of the missing killer app The bull case for Snapchat […]
View More How business-to-business startups reduce inequalityMillions of bank loan and mortgage documents have leaked online
A trove of more than 24 million financial and banking documents, representing tens of thousands of loans and mortgages from some of the biggest banks in the U.S., has been found online after a server security lapse. The server, running an Elasticsearch database, had more than a decade’s worth of data, containing loan and mortgage […]
View More Millions of bank loan and mortgage documents have leaked onlineNew policy puts revenue squeeze on China’s payments giants
The era that saw China’s mobile payments providers making handsome interest returns on client money has officially ended. Starting this week, non-bank payments companies must place 100 percent of their customer deposit funds under centralized, interest-free accounts as Beijing moves to rein in financial risks. In the past, third-party payments firms were allowed to hold […]
View More New policy puts revenue squeeze on China’s payments giantsByju’s buys Osmo for $120M to add blended learning to its $4B digital education business
Weeks after it raised a massive $540 million funding round, Indian education unicorn Byju’s is on the M&A path. The company announced today it has snapped up U.S-based Osmo, a startup that develops apps for kids that use offline input, in a deal worth $120 million. Osmo has raised over $30 million from investors that […]
View More Byju’s buys Osmo for $120M to add blended learning to its $4B digital education business