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Brazil’s new fintech startup Cora raised $10 million on the strength of its founding team

Brazil’s new fintech startup Cora raised million on the strength of its founding team It didn’t take much for the founders of Cora, Brazil’s newest startup to tackle some aspect of the broken financial services industry in the country, to raise their first $10 million. Igor Senra and Leo Mendes had worked […]

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Elavon to acquire Sage Pay, a gateway that competes with Stripe, PayPal and Adyen, for $300M

Elavon to acquire Sage Pay, a gateway that competes with Stripe, PayPal and Adyen, for 0M E-commerce continues to gain momentum — a trend we’ll see played out in the next two months of holiday shopping — and with that comes more consolidation. Today, Elavon, the payments company that is a subsidiary […]

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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 […]

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China Roundup: facial recognition lawsuit and cashless payments for foreigners

China Roundup: facial recognition lawsuit and cashless payments for foreigners Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, a lawsuit sparked a debate over the deployment of China’s […]

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We Company reportedly mulls slashing its valuation ahead of its initial public offering

We Company reportedly mulls slashing its valuation ahead of its initial public offering The Wall Street Journal is reporting that the company formerly known as WeWork is considering slashing its valuation as it looks to woo public market investors. The company is reportedly considering a valuation of somewhere in the $20 billion range […]

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Why Walmart’s Flipkart is betting heavily on Hindi

Why Walmart’s Flipkart is betting heavily on Hindi Flipkart, the largest e-commerce platform in India, said Tuesday it has concluded the roll-out of a range of features to its shopping app in what is its biggest update in recent years. Chief among these new features is access to Flipkart in Hindi language. […]

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Klarna raises $460 million, looks to expand its payments presence in the U.S.

Klarna raises 0 million, looks to expand its payments presence in the U.S. Swedish payments provider Klarna has announced a new round of equity funding, adding $60 million at a post-money valuation of $5.5 billion, which makes it one of the most highly-valued private fintech companies in the world. The new funding […]

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Apple rolls out Apple Card Preview to select users

Apple rolls out Apple Card Preview to select users Apple Card is getting its first group of public test users today. A limited amount of customers that signed up to be notified about the release of Apple Card are getting the ability to apply for the card in their Wallet app today […]

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Visa pitches a program offering fintechs faster market access through an ecosystem of partners

Visa pitches a program offering fintechs faster market access through an ecosystem of partners Visa is pitching a new way for startups in the fintech space to get to market faster by using its rails and a group of pre-approved partners. The Fast Track program, a variant of an investment commitment and […]

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China’s Alipay adds sought-after beauty filters to face-scan payments

China’s Alipay adds sought-after beauty filters to face-scan payments In China, striving for accuracy in a piece of facial recognition software isn’t enough. As Alibaba’s e-wallet affiliate Alipay has recently demonstrated, the way software presents a user’s look is also crucial to its success. On Tuesday, Alipay announced on social media platform […]

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