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Copper Banking adds $9M in funding as digital banks clamor for teen customers

TechCrunch

Copper Banking , a digital banking service aimed at teens, announced today it has raised a total of $13.3 Copper Banking CEO and co-founder Eddie Behringer believes the startup has a few competitive advantages. One of the first things we noticed is that banks have set the bar extremely low for pre-18 banking.”.

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Flourish, a startup that aims to help banks engage and retain customers, raises $1.5M

TechCrunch

Founded by Pedro Moura and Jessica Eting, the startup offers an “engagement and financial wellness” solution for banks, fintechs and credit unions with the goal of helping them engage and retain clients. It is also now licensing its engagement technology to banks, retailers and fintechs across the Americas. In the U.S.,

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Bella is a new challenger bank with a text-based interface

TechCrunch

Meet Bella , a new challenger bank launching on November 30th. Second, Bella is trying to build a community that helps each other to differentiate its product from soulless monolithic banking services. Behind the sene, Bella works with nbkc bank for the banking infrastructure. Let’s start with the basics.

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Silicon Valley Bank implodes, Apple launches a new music service, and ChatGPT goes enterprise

TechCrunch

most read Silicon Valley Bank implodes: Silicon Valley Bank Financial, the publicly traded holding firm of Silicon Valley Bank (SVB), is in crisis. Venture firms advised portfolio companies to move money out of SVB after the bank said it would book a $1.8 Don’t miss it. Now on to WiR.

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Ivorian fintech Julaya gets $5M to become banking partner for businesses in Francophone Africa

TechCrunch

In Ivory Coast, one of Francophone Africa’s largest mobile money markets, 75% of the population own a mobile money account, compared to 20% who hold bank accounts. Here, businesses can deposit their cash from physical and field sales into their Julaya account via a mobile money agent branch without going to a bank. .

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Is The IPO Market Back In Business?

Crunchbase News

By Greg Sichenzia It’s difficult to determine who is watching the IPO market closer: investors or startups. economy and recent GDP and inflations numbers, the IPO market is back in business. But those of us who work with new issuers on a near daily basis know: This IPO market will not be like the ones of the past five years.

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Teen banking service Step raises $50M, adds TikTok star Charli D’Amelio to investor list

TechCrunch

Step , a mobile banking service aimed at teens , announced this morning it has raised $50 million in Series B funding after growing to over 500,000 users only two months after its official launch. Combining P2P and banking in one platform has proven so far to be fairly popular. million and 34.4 million followers, respectively. .

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