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TechCrunch Fintech

TechCrunch Fintech

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Leading technology media property's dedicated channel for financial technology startups and venture capital news.

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Marquis Sues Firewall Provider SonicWall, Alleges Security Failings with Its Firewall Backup Led to Ransomware Attack
News•Feb 24, 2026

Marquis Sues Firewall Provider SonicWall, Alleges Security Failings with Its Firewall Backup Led to Ransomware Attack

Fintech firm Marquis has filed a lawsuit against firewall vendor SonicWall, alleging that a 2025 breach of SonicWall’s cloud backup service exposed critical firewall configuration data. The compromised backup files allegedly gave threat actors the keys to bypass SonicWall defenses, enabling a ransomware attack that stole personal and financial information of roughly 400,000 individuals. Marquis claims the breach caused significant reputational, operational, and financial damage. The case seeks a jury trial in the Eastern District of Texas.

By TechCrunch Fintech
Stripe, PayPal Ventures Bet on India’s Xflow to Fix Cross-Border B2B Payments
News•Feb 24, 2026

Stripe, PayPal Ventures Bet on India’s Xflow to Fix Cross-Border B2B Payments

Xflow, a Bengaluru‑based fintech, closed a $16.6 million Series A round led by General Catalyst with participation from Stripe and PayPal Ventures, valuing the company at $85 million post‑money. The startup now has over $32 million in total funding and processes roughly $1 billion in...

By TechCrunch Fintech
Fintech Lending Giant Figure Confirms Data Breach
News•Feb 13, 2026

Fintech Lending Giant Figure Confirms Data Breach

Fintech lender Figure Technology confirmed a data breach after an employee fell for a social‑engineering attack, allowing the hacking group ShinyHunters to exfiltrate roughly 2.5 GB of customer files. The leaked data includes full names, home addresses, dates of birth and...

By TechCrunch Fintech
Cash App Adds Payment Links so You Can Get Paid in a DM
News•Feb 11, 2026

Cash App Adds Payment Links so You Can Get Paid in a DM

Cash App, the Block‑owned peer‑to‑peer platform, rolled out a new payment‑link feature that lets users generate a URL to request money. The link can be pasted into texts, emails, or direct messages, pre‑loading the requested amount for the recipient. Cash...

By TechCrunch Fintech
NBA Star Giannis Antetokounmpo Joins Kalshi as an Investor
News•Feb 7, 2026

NBA Star Giannis Antetokounmpo Joins Kalshi as an Investor

NBA superstar Giannis Antetokounmpo announced he has become a shareholder in prediction‑market platform Kalshi, marking the first direct investment by an NBA player in the company. The deal complies with the NBA’s collective‑bargaining agreement, which allows players to hold up...

By TechCrunch Fintech
‘Industry’ Season 4 Captures Tech Fraud Better than Any Show on TV Right Now
News•Feb 7, 2026

‘Industry’ Season 4 Captures Tech Fraud Better than Any Show on TV Right Now

HBO’s fourth season of “Industry” centers on a fintech fraud plot involving Tender, a payment‑processing platform for adult content whose revenues are entirely fabricated. Protagonist Harper Stern leads a short‑selling attack after a tip, sending a team to Ghana that...

By TechCrunch Fintech
Fintech CEO and Forbes 30 Under 30 Alum Has Been Charged for Alleged Fraud
News•Feb 3, 2026

Fintech CEO and Forbes 30 Under 30 Alum Has Been Charged for Alleged Fraud

Fintech founder Gökçe Güven, a 26‑year‑old Forbes 30 Under 30 alum, was indicted on federal charges including securities fraud, wire fraud, visa fraud, and aggravated identity theft. The DOJ alleges she misled investors during Kalder's April 2024 seed round, inflating...

By TechCrunch Fintech
Flutterwave Buys Nigeria’s Mono in Rare African Fintech Exit
News•Jan 5, 2026

Flutterwave Buys Nigeria’s Mono in Rare African Fintech Exit

Flutterwave has acquired Nigeria’s open‑banking startup Mono in an all‑stock transaction valued between $25 million and $40 million. Mono’s APIs, which have linked over 8 million bank accounts and supplied 100 billion data points, will remain an independent product under Flutterwave’s umbrella. The deal...

By TechCrunch Fintech
Even as Global Crop Prices Fall, India’s Arya.ag Is Attracting Investors — and Staying Profitable
News•Jan 2, 2026

Even as Global Crop Prices Fall, India’s Arya.ag Is Attracting Investors — and Staying Profitable

Indian agritech Arya.ag raised an $81 million Series D round and remains profitable despite falling global crop prices. The company stores about $3 billion of grain annually, serves 850‑900 k farmers across 60% of districts, and keeps non‑performing assets below 0.5%. Revenue reached ₹4.5 billion...

By TechCrunch Fintech
Arya.ag Raises $81M in Series D Funding
Deals•Jan 2, 2026

Arya.ag Raises $81M in Series D Funding

Indian agritech startup Arya.ag announced an $81 million Series D equity round led by GEF Capital Partners. The funding, over 70% primary capital and the rest secondary share sales, will fuel expansion of its storage and lending platform and support its IPO...

TechCrunch Fintech
These 21-Year-Old Dropouts Raised $2M to Build Givefront, a Fintech for Nonprofits
News•Dec 18, 2025

These 21-Year-Old Dropouts Raised $2M to Build Givefront, a Fintech for Nonprofits

Givefront, a Y Combinator‑backed fintech built for U.S. nonprofits, was founded by 21‑year‑old Harvard dropout Matt Tengtrakool and UC Berkeley’s Aidan Sunbury. The startup raised a $2 million seed round led by Script Capital to expand its card‑based spend‑management platform. By focusing on...

By TechCrunch Fintech
Givefront Raises $2M Seed Round Led by Script Capital
Deals•Dec 18, 2025

Givefront Raises $2M Seed Round Led by Script Capital

YC‑backed fintech Givefront, which builds a financial platform for U.S. nonprofits, announced a $2 million seed round. The round was led by Script Capital with participation from Y Combinator, C3 Ventures, Phoenix Fund and several angel investors, and will be used to scale...

TechCrunch Fintech
Monzo Board Reportedly Pushed Out CEO Anil over IPO Timing
News•Dec 17, 2025

Monzo Board Reportedly Pushed Out CEO Anil over IPO Timing

Monzo’s board asked chief executive TS Anil to step down amid a dispute over the timing of the bank’s initial public offering. Anil favored an earlier IPO and hinted at leaving post‑listing, while directors wanted more time to expand internationally...

By TechCrunch Fintech
Mesa Shuts Down Credit Card that Rewarded Cardholders for Paying Their Mortgages
News•Dec 14, 2025

Mesa Shuts Down Credit Card that Rewarded Cardholders for Paying Their Mortgages

Fintech startup Mesa announced the shutdown of its Homeowners Card on December 12, deactivating all accounts and ending the ability to earn Mesa Points. The card, launched in November 2024 with $9.2 million in equity and debt financing, rewarded spending tied to home...

By TechCrunch Fintech
Kalshi Raises $1B in Funding Round at $11B Valuation
Deals•Dec 2, 2025

Kalshi Raises $1B in Funding Round at $11B Valuation

Prediction market platform Kalshi announced a $1 billion funding round, valuing the company at $11 billion. The round was led by returning investor Paradigm with participation from Sequoia Capital, Andreessen Horowitz, Capital G and other existing backers. The financing comes...

TechCrunch Fintech
Revolut Hits $75B Valuation in New Capital Raise
Deals•Nov 24, 2025

Revolut Hits $75B Valuation in New Capital Raise

Revolut announced a new share‑sale funding round that values the neobank at $75 billion. The round was led by Coatue, Greenoaks, Dragoneer and Fidelity, with participation from Nvidia’s NVentures, Andreessen Horowitz, Franklin Templeton and T. Rowe Price Associates. The amount raised was not...

TechCrunch Fintech
Kalshi Raises $1B in New Funding Round at $11B Valuation
Deals•Nov 20, 2025

Kalshi Raises $1B in New Funding Round at $11B Valuation

Prediction market platform Kalshi announced a $1 billion fundraising round, valuing the company at $11 billion. The round was led by returning investors Sequoia and CapitalG, with participation from Andreessen Horowitz, Paradigm, Anthos Capital and Neo. The funding comes less than two...

TechCrunch Fintech
Ramp Raises $300M in Latest Funding Round Led by Lightspeed, Valuation Climbs to $32B
Deals•Nov 17, 2025

Ramp Raises $300M in Latest Funding Round Led by Lightspeed, Valuation Climbs to $32B

Ramp announced a $300 million financing round led by Lightspeed, which also featured an employee tender offer, pushing its valuation to $32 billion. The round follows a series of large raises in 2025, including a $500 million Series E‑2 and a $200 million Series E earlier...

TechCrunch Fintech
Pine Labs Raises $440M in Indian IPO, Shares Jump 14% on Debut
Deals•Nov 14, 2025

Pine Labs Raises $440M in Indian IPO, Shares Jump 14% on Debut

Payment technology firm Pine Labs completed a $440 million IPO on Indian exchanges, with shares rising 14% on the first day of trading and a market capitalization of about $3.3 billion. Backed by investors such as PayPal and Mastercard, the listing marks...

TechCrunch Fintech

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