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Kard raises another $3.5 million for its challenger bank for teens

French startup Kard has added $3.5 million (€3 million) to its seed round. The company already raised the same amount last year, which means that Kard has raised $7 million (€6 million) in total for its seed round. Founders Future is leading the round, with Laurence Krieger, Michael Vaughan, Jon […]

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Jefa is a challenger bank for women without a bank account

Meet Jefa, a startup that is building a challenger bank specifically designed for women in Latin America. The company is building a product that focuses on solving the problems that women face when opening a bank account and managing it. It is participating in the Startup Battlefield at TechCrunch Disrupt. […]

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Revolut extends Series D round to $580 million with $80 million in new funding

Fintech startup Revolut just announced that it has raised $80 million as part of its Series D round that it announced in February. The new influx of funding comes from TSG Consumer Partners. In February, Revolut raised a $500 million led by TCV at a $5.5 billion valuation. Today’s new […]

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Point to launch new challenger bank with rewards on debit card purchases

Meet Point, a new challenger bank in the U.S. that has been available as a private beta for the past year. Today, the company is announcing new fundraising — later this month, the company is launching a major new version of its service and opening its doors to everyone. There’s […]

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Fintech startups amass war chests for the economic downturn

Consumer fintech startups were massively successful in 2019, attracting millions of new users and disrupting traditional retail banks and financial services with mobile-first, consumer-oriented products. Despite the economic downturn in public markets and the massive wave of cuts at public and private companies in recent weeks, fintech startups have been […]

Revolut launches Revolut Junior to help you manage allowance

Revolut is introducing a new product specifically targeted toward kids aged 7-17 years old — Revolut Junior. Revolut Junior is a new app and service that integrates directly with the main Revolut app on the parent’s side. Parents or legal gardians who are also Revolut users can create a Revolut Junior […]