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Banking-as-a-service (BaaS) platforms have taken off rapidly across the fintech world over the last 18 months. By partnering with banks, these platforms allow entities from startups and fintechs to big corporations and banks to provide tailored banking services and experiences to their customers. Fintechs offering BaaS services in U.S. and Europe, such as Unit, Rapyd […]

Nigerian banking-as-a-service platform Maplerad raises $6M, led by Peter Thiel’s Valar Ventures by Tage Kene-Okafor originally published on TechCrunch

Byju’s said it has raised $250 million in new funding from existing backers as the Indian edtech giant looks to navigate the market downturn that has forced the firm to postpone the initial public offering. The new funding valued the Bengaluru-headquartered startup at $22 billion, the same figure at which it raised a financing round […]

Indian edtech giant Byju’s raises $250 million in fresh funding by Manish Singh originally published on TechCrunch

Top climate tech investments continued to diversify, showing just how deeply it’s becoming embedded into the economy.

Top climate tech deals net nearly $4B in Q3, outpacing other industries by Tim De Chant originally published on TechCrunch

At a time when startup valuations are dropping, Celonis, a German process mapping startup, stands in stark contrast with a $13 billion valuation.

With a $13B valuation, Celonis defies current startup economics by Ron Miller originally published on TechCrunch

India on Sunday launched 75 digital banking units in villages and small towns across the country in a move that it said will help bring financial services and literacy to more citizens. The digital banking units, set up in collaboration with over 20 public and private banks, are brick-and-mortar outlets that are equipped with tablets […]

India launches 75 digital banking units across rural areas in financial inclusion push by Manish Singh originally published on TechCrunch

Hi, friends! It’s time for another edition of Week in Review, the newsletter where we quickly recap the most read TechCrunch stories from the past seven days. Want it in your inbox every Saturday morning? Sign up here. most read LEGS: The company formerly known as Facebook held its Meta Connect conference this week, where […]

Meta announces legs, Hulu raises prices, and Microsoft embraces DALL-E 2 by Greg Kumparak originally published on TechCrunch