PhonePe has shut down its Pincode app over two years after its debut. The company said it will now focus on working with offline retailers by expanding its B2B offerings.

Fintech startup SecureSave, a 2020 spinout of Seattle’s Pioneer Square Labs, has been acquired by Wisconsin-based HSA Bank.

SecureSave helps employers offer a financial wellness benefit to workers beyond their paycheck in the form of an emergency savings account (ESA). HSA Bank is a division of Webster Bank and Webster Financial Corp. and is one of the nation’s leaders in healthcare savings and spending accounts.

Terms of the deal, completed Thursday, were not disclosed.

SecureSave employs 23 people full time, most of whom are in the Seattle area, and will continue to operate its current platform and serve its clients.

The startup was co-founded by CEO Devin Miller, CTO Bassam Saliba, and TV personality and best-selling author Suze Orman.

Miller previously led Balance Financial, a Seattle-area startup acquired by Blucora’s TaxAct subsidiary in 2013. He later joined Guidant Financial as executive vice president and later president. Saliba is another longtime entrepreneur who sold Avado to WebMD in 2013 and was a board member/acting CTO at Balance Financial alongside Miller.

SecureSave raised about $28 million to date, with venture backing from PSL, Seachange and IA Ventures, and three banks — Truist, Stearns and Webster.

Miller, who is based in Spokane, Wash., said SecureSave has supported more than 60,000 active emergency savings account holders who have saved more than $100 million to date.

Miller said the company had a strong year of growth and that interest in the category can be evidenced by legislation proposed this week in Congress. U.S. Senators Cory Booker (D-NJ) and Todd Young (R-IN) introduced the Emergency Savings Enhancement Act, aimed at helping American workers and families save for unexpected expenses without having to tap into their retirement accounts.

In a post on LinkedIn, Miller wrote about how the HSA deal came together and why it will be “a massive leap forward for ESAs.”

Miller pitched SecureSave during the 2022 season of GeekWire’s “Elevator Pitch” series.

Michigan-based firm says a “bad actor” gained unauthorized access to certain PII housed within the 700Dealer.com application layer.

The post 700Credit Reveals Data Breach appeared first on TechRepublic.

Michigan-based firm says a “bad actor” gained unauthorized access to certain PII housed within the 700Dealer.com application layer.

The post 700Credit Reveals Data Breach appeared first on TechRepublic.

Nexus Venture Partners manages $3.2 billion in capital across its funds and has invested in more than 130 companies over the years.

Marquis said ransomware hackers stole reams of banking customer data, containing personal information and financial records, as well as Social Security numbers, belonging to hundreds of thousands of people. The number of affected people is expected to rise.

The latest funding comes less than two months after Kalshi announced that it raised $300 million at a $5 billion valuation.

From the rapid ascent of mobile commerce to the expanding influence of AI on product discovery, the data shows a marketplace undergoing rapid modernization.

The post Black Friday Spending Hit $11.7B in US, Adobe Says appeared first on TechRepublic.

From the rapid ascent of mobile commerce to the expanding influence of AI on product discovery, the data shows a marketplace undergoing rapid modernization.

The post Black Friday Spending Hit $11.7B in US, Adobe Says appeared first on TechRepublic.

Consumers place growing trust in agentic commerce, according to new UK research from payments consultancy PSE Consulting.

The post Black Friday Sees Surge in AI-Assisted Shopping in UK appeared first on TechRepublic.

The accord covers two major legislative texts: the Payment Services Regulation (PSR) and the Third Payment Services Directive (PSD3).

The post EU Reaches Landmark Deal to Curb Online Payment Fraud appeared first on TechRepublic.

Consumers place growing trust in agentic commerce, according to new UK research from payments consultancy PSE Consulting.

The post Black Friday Sees Surge in AI-Assisted Shopping in UK appeared first on TechRepublic.

The accord covers two major legislative texts: the Payment Services Regulation (PSR) and the Third Payment Services Directive (PSD3).

The post EU Reaches Landmark Deal to Curb Online Payment Fraud appeared first on TechRepublic.

The timing is awful. The breach occurred just hours after its parent company, Dunamu Inc., unveiled a massive $10.3 billion takeover by tech giant Naver Corp.

The post Crypto Exchange Upbit Suffers Security Breach After $10B Deal appeared first on TechRepublic.

While many leaders welcome fresh commitments to AI infrastructure and innovation, others warn about limited investment and a lack of cyber resilience.

The post UK Budget 2025: Reactions From Tech Leaders appeared first on TechRepublic.

The timing is awful. The breach occurred just hours after its parent company, Dunamu Inc., unveiled a massive $10.3 billion takeover by tech giant Naver Corp.

The post Crypto Exchange Upbit Suffers Security Breach After $10B Deal appeared first on TechRepublic.

While many leaders welcome fresh commitments to AI infrastructure and innovation, others warn about limited investment and a lack of cyber resilience.

The post UK Budget 2025: Reactions From Tech Leaders appeared first on TechRepublic.

Socket researchers identified a malicious Chrome extension that manipulates Raydium swaps.

The post Crypto Thieves Steal Solana via Hidden Chrome Extensions appeared first on TechRepublic.

Socket researchers identified a malicious Chrome extension that manipulates Raydium swaps.

The post Crypto Thieves Steal Solana via Hidden Chrome Extensions appeared first on TechRepublic.

The Labour government’s Budget demonstrates renewed intent to support AI, but there is an absence of a fully integrated digital strategy.

The post UK Budget 2025: Government Bets on AI and Startups appeared first on TechRepublic.