The latest pairing between a tech upstart and a financial titan is a digital prepaid card targeted at Southeast Asia’s 430 million-plus unbanked and underserved population.
On Monday, Razer, the Singapore-based company best known for its gaming laptops and peripherals, announced a partnership with Visa to develop a Visa prepaid solution. The service, which allows unbanked users to top up and cash out easily, will be available as a mini program embedded in Razer Pay, the gaming company’s mobile payments app. That means Razer’s 60 million registered users will be able to pay at any of the 54 million merchant locations around the world that take [...]
With the release of the Facebook consortium’s project Libra whitepaper, the internet, tech world, financial services industry and policy circles are all burning with conversation on the project’s potential. We are still very early into Libra’s life — it is, after all, still a proposal — and there is an endless set of questions left to answer. The [...]
Fintech startup Brex went from 0 to a valuation of $1 billion in less than two years. It is a fascinating company, and so is Brex’s co-founder and CEO Henrique Dubugras. He’s coming to TechCrunch Disrupt SF to tell us more about the company’s explosive growth.
Brex first started with a corporate card for startups. Compared to legacy corporate cards, there are a ton of benefits. First, it’s easy to sign up to Brex as the company doesn’t require any personal guarantee or security deposit.
Second, you instantly get a virtual card that you can use for online subscriptions and other online purchases. After a few days, you receive a good old plastic [...]
Slack, the workplace messaging platform that has helped define a key category of enterprise IT, made its debut as a public company today with a pop. Trading as “WORK” on the New York Stock Exchange, it opened at $38.50 after setting a reference price last night of $26, valuing it at $15.7 billion, and then setting a bid/asking price of $37 this morning.
Note: there was no “money raised” with this IPO ahead of today because Slack’s move into being a publicly traded company is coming by way of a direct listing — meaning the shares went directly on the market with no pre-sale. This is a less conventional route that doesn’t involve bankers underwriting the [...]