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TechCrunch Fintech: Meet PayJoy, a fintech operating at the intersection of doing good and making money


Welcome to TechCrunch Fintech! This week, we’re looking at how two fintech companies serving the underserved are faring, and more.

Last week, Empower Finance announced its plans to acquire Petal, which apparently began looking for buyers last year “when it was short on cash,” according to Fortune. TransferGo, the U.K.-based fintech best known as a consumer platform for global remittances, has raised a $10 million growth funding round from Taiwan-based investor Taiwania Capital, with a view to expanding in the Asia-Pacific region. Brazilian startup Salvy, a mobile carrier for businesses, was the only company based in Latin America in Y Combinator’s latest batch, the accelerator confirmed to TechCrunch’s Anna Heim.

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