<p>NYK approached Kadmos for the acquisition in line with its plan to grow its digital payment business beyond the Philippines. It plans to incorporate the Kadmos platform into MarCoPay, providing payroll solutions to seafaring workers of all nationalities.</p>

<p>Finom&#8217;s business model centers on providing European SMBs with a financial platform that combines banking, invoicing, and a growing range of features, including AI-enabled accounting. The Amsterdam-based challenger bank for SMBs claims to have doubled its revenue in 2024 and closed a €115 million Series C equity round (around $133 million).</p>

<p>X&#8217;s plans for a payments service may extend beyond the digital realm, new data suggests. According to findings from mobile app intelligence firm AppSensa, the X app has been updated over the past few weeks with several references related to a physical debit card, which can be customized with your X username. Dozens of new [&hellip;]</p>

<p>Multiplier raised Series A and seed funding from Lightspeed and Ribbit Capital.</p>

<p>Investment app Grifin secured a $11 million Series A funding round.</p>

<p>Spend management startup Ramp announced on Tuesday that it raised a $200 million Series E led by its largest investor, Founders Fund.</p>

<p>It’s been 10 years since Alexa von Tobel sold her financial planning startup LearnVest to Northwestern Mutual for a reported $375 million. Since then, von Tobel became Northwestern Mutual’s first chief digital officer, then chief innovation officer, before launching an early-stage venture firm of her own, Inspired Capital, with former U.S. Secretary of Commerce Penny [&hellip;]</p>

<p>Iconiq pursued Chime because the founders were focused, and didn’t get distracted by &#8220;shiny new objects.&#8221; </p>

<p>In 2016 when Chime desperately needed cash, over 100 VCs said no. One seed VC took a chance and saved the company, co-founder Ryan King recalls.</p>

<p>Co-founded by Adyen&#8217;s former CTO, Tebi helps restaurants, bars and other hospitality businesses manage their operations with an all-in-one subscription-based platform that can handle payments, reservations, inventory, and more.</p>

<p>The new capital, expected to include both equity and debt, will fuel PalmPay’s expansion: deepening its footprint in Nigeria, scaling its newer business-focused offering, and rolling out both products in new markets across Africa and Asia.</p>

<p>CEO Sebastian Siemiatkowski told the crowd at London SXSW that his company plans to balance employees and AI workers.</p>

<p>On Wednesday, Venmo debuted several new debit card benefits and expanded the ability to make payments with retailers such as TikTok Shop and Uber. The updates signal Venmo is trying to become more of a full-service fintech service, not just a peer-to-peer payments app. </p>

<p>Singapore-based embedded insurance startup Bolttech has closed a $147 million Series C round of funding at a $2.1 billion valuation. </p>

<p>The countdown continues, and only a few tables remain if you want to exhibit at TechCrunch All Stage, happening July 15 in Boston, so now’s the moment to act. Only 4 days remain to book your table and until space is almost completely gone.&nbsp; Why your startup should be in the room&nbsp; This founder-focused conference [&hellip;]</p>

<p>Nomupay makes it easier for merchants to process cross-border payments across the fragmented payment system in Asia, as well as for merchants and their customers in Europe, MENA, and the U.S., and has raised a $40 million Series C.</p>

<p>Chime, whose pending IPO is expected to be one of 2025&#8217;s blockbuster hits, issued a share price range on Monday of $24 to $26. That a market cap of up to $11.2 billion. At the midrange, the company will raise $800 million for itself and a handful of investors, including European VC powerhouse Cathay Innovation, [&hellip;]</p>

<p>Time is running out. Exhibitor tables for TechCrunch All Stage, happening July 15 in Boston, are nearly gone — and the final deadline to secure your spot is this Friday, June 6.&nbsp; TC All Stage is the go-to summit for founders at all stages. Designed to deliver actionable insights and practical guidance, it also connects [&hellip;]</p>

<p>Karat Financial, the company known for its credit cards for creators, is launching a creator-focused business banking product. </p>

<p>Rillet directly pulls data from their customers&#8217; banks and platforms to generate financial statements, including the balance sheet and income statement.</p>