Gen Z investing app Alinea raises $3.4M, plans to launch an ‘AI copilot’

Alinea Invest, a fintech app offering AI-powered wealth management aimed at Gen Z women, has $3.4 million in seed funding ahead of the launch of a virtual AI assistant that…

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Klarna introduces $7.99 ‘Klarna Plus’ subscription plan as it approaches an IPO

Swedish fintech company Klarna announced today its first subscription plan, “Klarna Plus,” for $7.99 per month, featuring benefits like no added service fees when using Klarna’s One Time Card, double…

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Who knew M&A would be the thing we couldn’t shut up about?

Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This…

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General Catalyst leads $200M investment into Bilt Rewards, doubling its valuation to $3.1B

Bilt Rewards, whose platform aims to allow consumers to earn rewards on rent and daily neighborhood spend, has raised $200 million at a $3.1 valuation, the company announced today. General…

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Brex cuts 20% of staff amid reports of stalled growth, high burn

Expense management startup Brex, which was valued at $12.3 billion two years ago, laid off 282 people, or about 20% of its staff today. The once high-flying fintech startup sent…

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It’s fun watching fintech startups grow

Covering companies’ growth from the seed stage gives reporters a glimpse of what investors must feel like. © 2023 TechCrunch. All rights reserved. For personal use only.

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Briq, a startup that uses AI to automate finances in construction, brings in $8M extension at a $150M valuation

At a time when many startups are struggling to raise funding or are raising but at lower valuations, it’s notable when companies raise at flat or higher valuations. Especially when…

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Digital Onboarding grabs $58M to help banks with profitable customer engagement

Financial institutions spend hundreds of dollars in marketing and awareness to get a customer to open an account that often doesn’t get used. Digital Onboarding wants to help. © 2023…

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Pomelo stacks $40M to scale its payments infra business in LatAm

Argentinian payments infrastructure startup Pomelo has raised $40 million in a Series B round of funding. The Buenos Aires-based company started in 2021 with the goal of giving fintechs and embedded…

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Tandem gives ‘modern couples’ app to manage finances together and separately

The fintech app addresses the first financial milestones for couples and grows with the relationship through planning, saving and spending features. © 2023 TechCrunch. All rights reserved. For personal use…

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