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Highbeam, a New York-based neobank built for people building e-commerce brands on marketplaces like Shopify and Amazon, raised $7 million in seed funding to continue developing banking tools that cater to these entrepreneurs’ needs. The one-year-old fintech startup, started by Samir Shergill and Gautam Gupta, provides banking features, access to transparent credit and cash management…
If you thought of the age of companies launching real-time audio chat apps, you’re wrong. Swedish caller identification service Truecaller is today launching a new app in the space called Open Doors. The company claims that this is a constructs-free app that has fewer structural roadblocks than Clubhouse or Twitter Spaces. That is, there are…
Investment in stocks or retirement accounts can seem like a complicated process if you are not sure where to begin. Mentum is out to change that in Latin America, and is working on customizable investment APIs and widgets so businesses in Latin America can build and offer fully digital investment products, like local mutual funds,…
As competition amid digital banks heats up, U.S. fintech Current is rolling out a new product designed to make its banking service more appealing. The company announced this morning it’s launching a new high-yield offering called “Interest” that allows any Current account holder to earn a 4.00% Annual Percentage Yield (APY) — a rate that’s…
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spending in 2020. Consumers last year also spent 3.5 trillion minutes…