Daily Crunch: PayPal Ventures leads $50M Series B for Egyptian fintech Paymob

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. Monday, May 9, is upon us, and today is a day of browser-cache-powered drama in the form of a Wordle word The New York Times decided was...

Daily Crunch: PayPal Ventures leads $50M Series B for Egyptian fintech Paymob

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. Monday, May 9, is upon us, and today is a day of browser-cache-powered drama in the form of a Wordle word The New York Times decided was...

Egyptian fintech Paymob raises $50M led by PayPal Ventures and Kora Capital

Egyptian fintech Paymob, which enables merchants to accept digital payments online and in-store, announced today it has raised $50 million in Series B funding. PayPal Ventures, the global corporate venture arm of PayPal, New-York-based venture capital Kora Capital,...

Concerto snags $21.2M to bring co-branded credit cards to more brands

Co-branded rewards programs like Amex’s longrunning Delta partnership are a major factor in consumers’ credit card decisions. According to a GigaPoints/Ipsos poll, over half of Americans say that earning points makes them want to use their credit card more...

Chilean fintech Xepelin wants LatAm businesses to get paid

Fintech companies and other entities have moved the needle for consumer payments in Latin America, particularly during the global pandemic, prompting consumers to be more comfortable with digital payments. Chile-based Xepelin aims to do the same with...