This is a summary of the latest news and updates from TechCrunch’s Fintech section. Here are the key points:
Notable Funding Rounds
- SimpleClosure raised $1.5M in less than 24 hours to help companies shut down faster and cheaper
- Zopa, a UK neobank, hit 1M customers and raised another $93M
- ThetaRay nabs $57M for AI tools to fight money laundering
- Nigerian embedded finance platform Anchor raises $2.4M to expand product offerings
M&A Activity
- Fintech M&A sees more take-privates in the future
- NEC acquires fintech company to help employees build assets
- B2B fintech GenTwo raised US$15M in Series A funding
Fintech Stage at Disrupt 2023
- The Fintech Stage will be featured at TechCrunch Disrupt 2023, taking place in San Francisco on September 19-21
- Web3, banking, and more will be covered on the stage
Other News
- Duolingo sees 216% spike in US users learning Chinese amid TikTok ban and move to Reddit
- Tesla to split $100M award for electric truck charging corridor in Illinois
- Colossal Biosciences raises $200M at $10.2B valuation to bring back woolly mammoths
Let me know if you’d like me to summarize anything else!
