Since its launch in 2008, the crowdfunding startup GoFundMe has been a bootstrapped operation. It seems that may be about to change, according to sources who spoke to TechCrunch. Sources further noted that one potential equity funder could be Accel Partners, who is rumored to...
The two biggest mobile money operators in East Africa have joined forces. Yesterday (April 21), Vodafone M-Pesa and MTN Mobile Money announced an agreement to interconnect their mobile money services, allowing customers of one to transfer and receive funds to and from customers of the...
The ranks of the unbanked are getting smaller around the world, according to a new report released by the World Bank. Between 2011 and 2014, the unbanked population dropped from 2 billion adults (20 percent of the world’s population) to 1.3 billion as 700 million...
It’s now clear where this month’s $10.5 million in funding for investment app Acorns came from — and what it’s for. On Wednesday (April 15) Acorns said it has raised $23 million in a funding round that will let it launch its first app for...
Lending Club and Citi will work together to facilitate up to $150 million in loans to low- and moderate-income borrowers in underserved communities, the alt-lender and bank jointly announced on Tuesday (April 14). Under the deal, Citi will provide capital to fund the loans, which...
Credit-reporting agency Experian now has a mobile app that it says will help consumers “feel more confident about their financial situation” — and it has survey results to prove it. According to the survey of 1,000 U.S. adults with mobile devices, 60 percent of mobile...
The United States’ second biggest P2P lending market has closed out a financing round that pushes its valuation to $1.9 billion – rocketing it into the “unicorn” strata of startups and nearly tripling up its last valuation of a year ago. This all comes while Prosper...
So goes the economy, so goes the likelihood of getting financing as a small business. When times are bad, the money dries up; when times are good – well actually, since the last recession, the situation has still been pretty dire, which is why so many...
Smartphone ownership is changing the way Americans are using and thinking about the Internet, according to a new study released by Pew Research Center in association with the John S. and James L. Knight Foundation. According to the report, around 64 percent of Americans have a...
