Category: FinTech

  • Concourse is building AI to automate financial tasks

    In a typical organization, finance is one of the most important functions. Yet teams are often bogged down by manual workflows. According to a survey by Paylocity, an HR software provider, 38% of finance teams spend more than a fourth of their time on manual jobs, like reviewing invoices. Matthieu Hafemeister, an ex-fintech investor at…

  • Paymob, started by three college friends, lands another $22M and is profitable in Egypt

    Paymob has evolved into an omnichannel gateway offering over 50 methods for offline and online payments to more than 350,000+ merchants. © 2024 TechCrunch. All rights reserved. For personal use only.

  • Latin America fintech will be a market to watch in 2025

    Midway through 2024, Mike Packer, a partner at fintech-focused QED Investors, predicted we’d already hit the bottom for funding to Latin American fintech startups and that a bounce-back was coming. While momentum hasn’t been a straight shot up and to the right ever since, it’s looking like he was right. The volume of venture capital…

  • Trump’s tariff threats don’t scare this Mexican fintech

    Mexico’s economic development — turbocharged by the amount of nearshoring in recent years — has made it fertile ground for startups. But the trend is under threat if President-elect Donald Trump follows through with his idea of taking a harder line on trade with Mexico.  Jaime Tabachnik, co-founder and CEO of Mexican trucking finance startup…

  • StoreCash’s new app lets you instantly earn cash back at stores

    Daricus Releford always wanted to be a founder.  In high school, he ran a hot dog station and in college launched a chocolate-covered strawberry business, making millions in sales before moving to Silicon Valley to pursue his dreams in tech. Entrepreneurship simply runs in his family, he told TechCrunch. “My grandfather was one of the…

  • Fintech giant Finastra confirms it’s investigating a data breach

    An incident disclosure shared with Finastra’s banking and financial customers confirms a hacker stole files from a company system. © 2024 TechCrunch. All rights reserved. For personal use only.

  • Focus on things machines CANNOT create

    I got another good question in my banking session the other day: AI disruption will be transformational to banks revenue generation and cost optimisation. How do you see the people and organisational model of banks developing as they harness its benefits? This is a tough one, but the answer is clearly that everything that can……

  • Focus on things machines CANNOT create

    I got another good question in my banking session the other day: AI disruption will be transformational to banks revenue generation and cost optimisation. How do you see the people and organisational model of banks developing as they harness its benefits? This is a tough one, but the answer is clearly that everything that can……

  • Focus on things machines CANNOT create

    I got another good question in my banking session the other day: AI disruption will be transformational to banks revenue generation and cost optimisation. How do you see the people and organisational model of banks developing as they harness its benefits? This is a tough one, but the answer is clearly that everything that can……

  • Focus on things machines CANNOT create

    I got another good question in my banking session the other day: AI disruption will be transformational to banks revenue generation and cost optimisation. How do you see the people and organisational model of banks developing as they harness its benefits? This is a tough one, but the answer is clearly that everything that can……