Eigen nabs $37M to help banks and others parse huge documents using natural language and ‘small data’

Eigen nabs $37M to help banks and others parse huge documents using natural language and ‘small data’

One of the bigger trends in enterprise software has been the emergence of startups building tools to make the benefits of artificial intelligence technology more accessible to non-tech companies. Today, one that has built a platform to apply power of machine learning and natural language processing to massive documents of Read more…

Google to offer checking accounts in partnership with banks starting next year

Google to offer checking accounts in partnership with banks starting next year

Google is the latest big tech company to make a move into banking and personal financial services: The company is gearing up to offer checking accounts to consumers, as first reported by the Wall Street Journal, starting as early as next year. Google is calling the projected “Cache,” and it’ll Read more…

Every startup is a bank–or wants to be

Every startup is a bank–or wants to be

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week we did something just a little bit new. Kate was in studio at TechCrunch’s SF HQ. Alex was in his dork cave in Providence. And we had a guest in the Read more…

GoPro MAX 3

The GoPro MAX is the ultimate pocketable travel vlogging camera

GoPro’s first foray into the 360-degree action was the GoPro Fusion, and while it was a strong first offering, the new GoPro MAX ($499) is a very different – and much improved – immersive action camera that has a lot to offer experienced videographers and voices alike. To be sure, Read more…

LA-based gaming studio Scopely raises $200 million at a $1.4 billion valuation

LA-based gaming studio Scopely raises $200 million at a $1.4 billion valuation

The Los Angeles-based mobile game development studio Scopely has become America’s newest unicorn thanks to a $200 million financing which values the company at a whopping $1.4 billion. Scopely said it would use the capital to continue its strategy of developing and acquiring new games as it looks to continue Read more…

Helping banks refine sales pitches and customer service, Minneapolis-based Total Expert raises $52 million

Helping banks refine sales pitches and customer service, Minneapolis-based Total Expert raises $52 million

It’s no secret that the art of customer service in the modern era is something that banks desperately need help with. One of the reasons why challenger banks have been able to find acceptance, new customers and — well — the ability to challenge existing banking companies is the mistreatment Read more…

Where are US fintech’s next billion-dollar startups?

Where are US fintech’s next billion-dollar startups?

As fintech investments soar to new heights, investors are looking at the bottom and top levels of the services stack to find the next billion-dollar startups. That’s the word from seasoned investors like Andreessen Horowitz’s managing director, Angela Strange, who has invested in a number of successful financial services technology Read more…

macbook white final

Brex wants to replace startup bank accounts with Brex Cash

Brex, a Silicon Valley fintech darling, has lofty plans to battle big banks —and Stripe. Code-named “Gemini,” Brex today announced a new product designed to replace and improve the functionality of traditional bank accounts. Brex Cash, as it will be known publicly, is a business cash management account integrated with the Read more…

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Upstart banking company Dave is now worth $1 billion, as Norwest puts in $50 million

Two years after the Los Angeles-based fintech startup Dave launched with a suite of money management tools to save consumers from overdraft fees, the company is now worth $1 billion thanks to a nascent banking practice that had investors lining up. The company used its overdraft protection service and money Read more…

Kuda Transaction Screen Card

Nigerian online-only bank startup Kuda raises $1.6M

Nigerian fintech startup Kuda — a digital-only retail bank — has raised $1.6 million in pre-seed funding. The Lagos and London-based company recently launched the beta version of its online mobile finance platform. Kuda also received its banking license from the Nigerian Central Bank, giving it a distinction compared to Read more…