Extra Crunch offers members the opportunity to tune into conference calls led and moderated by the TechCrunch writers you read every day. This week, TechCrunch’s Connie Loizos sat down with Scott Kupor, managing director at venture capital firm Andreessen Horowitz to dig into his new book Secrets of Sand Hill Road, discuss his advice for new […]
Fintech startup N26 received an order from BaFin, the German banking regulator. According to the regulator, N26 hasn’t been doing enough when it comes to money laundering and terrorist financing. The company has a specific period of time to implement changes and rectify its internal processes. “Today, BaFin published an order for N26 Bank GmbH. […]
Meet French startup Kard, a challenger bank that works a lot like N26 or Revolut. But Kard is all about convincing teens that their first bank account is going to be a Kard account — a bit like Step in the U.S. When I talked with Kard co-founder and CEO Scott Gordon, he kept saying that […]
SoFi is one of the leading fintech startups to emerge from San Francisco and breach the financial markets. Originally started as a way to better finance student debt, it has since expanded to include products targeted at personal loans and home loans. Today, the company announced a new exchange-traded fund (ETF) product focused on the […]
French startup Bankin’ is raising a new $22.6 million funding round (€20 million). The company has managed to attract 2.9 million users in France and wants to become the only app you need to manage your money. Overall, Bankin’ has raised more than $32 million (€28.4 million). Investors include Omnes Capital, Commerz Ventures, Génération New […]
British startup OakNorth has raised a $440 million funding round from SoftBank’s Vision Fund as well as the Clermont Group. The company is creating a digital bank and focuses on loans for small and medium enterprises and the technology behind those loans. Today’s funding round is the biggest funding round in a European fintech company. […]
Bud, the U.K. fintech that helps banks connect their apps and data to other fintech companies and financial service providers, has closed over $20 million in further funding. The Series A round sees the company pick up backing from a number of banks: HSBC (which, via First Direct, it also counts as a customer), Goldman […]
French startup Shine wants to be the only professional bank account you need if you’re a freelancer. So far, 25,000 people have signed up to the service, and the company recently raised a $9.3 million funding round. Shine wants to help freelancers in France all steps of the way. After signing up, the app helps […]
Fintech startup N26 is raising a Series D round of $300 million. Following this new funding round, the company is now valued at $2.7 billion. Insight Venture Partners is leading the round with Singapore’s sovereign wealth fund GIC and a few existing investors also participating. N26 is building a retail bank from scratch. The company […]
Fintech startup N26 recently launched in the U.K. with a single product offering. You could sign up to a free account that gives you free payments around the world, but no insurance and no free withdrawals in foreign currencies. The company just added a second tier to its lineup in the U.K. And N26 is […]