Instacart rolls out an Instant Cashout feature for shoppers

Instacart is today launching a new feature aimed at allowing shoppers to access their earnings more quickly, the company announced this morning. Instant Cashout, as the option is called, was built in partnership with payments platform Stripe and is being made available to shoppers in-app for instant transfers to a debit card. Previously, workers would […]

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2019 looks to continue another lights out year for fintech startups

Dana Stalder Contributor Dana Stalder is a general partner at Matrix Partners and invests in fintech, consumer marketplaces and enterprise software. More posts by this contributor Financial technology startups emerged as serious challengers to financial services in 2017 New rules for hiring executive candidates Allen Miller Contributor Allen Miller is a venture captialist at Matrix […]

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Challenger bank Tandem partners with Stripe for upcoming ‘Auto Savings’ feature

Tandem, the U.K. challenger bank, is gearing up to launch a new “Auto Savings” feature — a clever way to lower the barriers for Tandem app users who want to save for a rainy day — and to power the feature the company is partnering with Stripe. The latter in itself isn’t necessarily huge news […]

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Africa Roundup: Paga goes global and 4 startups raise $99M in VC

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Polestar unveils first production EV with aim to overtake Tesla Liquid Telecom goes long on Africa’s startups as future clients Nigerian digital payments startup Paga is gearing up for international expansion […]

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Tiger Global is in talks to invest in cryptocurrency unicorn Coinbase at $8B valuation

Coinbase may raise up to $500 million at an $8 billion valuation. The cryptocurrency trading platform has also announced two new high-level hires.

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Stripe is testing cash advances, following Square and PayPal’s moves into business finance

Stripe, the fast-growing payments startup that is now worth over $9 billion, is working on a new product to help it fill out some of the gaps in its product suite as it bids to become the go-to financial services partner to startups and other businesses. It has been testing a new cash advance service, […]

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Stripe moves into brick-and-mortar payments with Terminal

Stripe is expanding beyond online payments with the launch of a new product for in-person payments at brick-and-mortar stores, called Terminal. The company said Terminal has three main components — there’s hardware, namely card readers built by Stripe partners BBPOS and Verifone, but also SDKs and APIs for customizing checkout experiences, as well as software […]

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Terra is an ambitious crypto project to build a stable coin through e-commerce

Four of the world’s largest crypto exchanges are leading a $32 million investment in an ambitious venture out of Korea that’s aiming to develop a new stable coin using e-commerce as the lynchpin. Global exchanges Binance Labs, OKEx, Huobi Capital, and Dunamu — the firm behind Korea’s Upbit — have all poured capital into Terra, a crypto […]

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Founder and investor Elad Gil has a new book that aims to help startups with their later-stage challenges — before they get to that point

Serial entrepreneur and angel investor Elad Gil has become renowned in Silicon Valley startup circles, largely because he not only funds startups but he advises many, too. Some of the tech companies he has logged time with include Airbnb, Twitter, Google, Instacart, Coinbase, Stripe, and Square. All have evolved into massive growth companies, and because […]

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Y Combinator is going after Chinese startups with its first official event in China

High-profile U.S. startup accelerator Y Combinator is making a push to bring more China-based startups into its program after it announced its first official event in the country. YC has made a push to include startups from outside of North America in recent years. That has seen it bring in companies from the likes of […]

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Stripe launches a new billing tool to tap demand from online businesses

As more and more spending moves online — whether that’s shopping or subscribing to services like Netflix and Spotify — there’s increasing demand for tools that allow those companies, especially smaller ones, to start getting paid. Stripe has made its name by providing developers with a simpler way to start charging customers and handling transactions, […]

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