Wordle, hurdles and Sally’s early retirement
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex, Natasha and Mary Ann enjoyed yet another edition of Equity…
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Mexican fintech startup Stori reaches unicorn status with $50M equity raise
While credit cards are ubiquitous in the U.S., they are far less so across Latin America, where people — especially lower-income members of the population — have historically relied on…
Read More »Stripe is the latest fintech to falter, taking a 28% internal valuation cut
Stripe is the latest high-profile fintech company to take a massive valuation cut as the market downturn begins to hit the sector especially hard. Last valued at $95 billion, the…
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Plaid adds read-only support for leading crypto exchanges
Plaid, the company building data transfer technologies to power fintech and digital finance products like smartphone-based wallets, today announced that it’s adding support for leading crypto exchanges to its data…
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Richard Branson backs Lightyear as UK stock trading platform launches into Europe
Lightyear, a U.K. fintech startup that promises consumers commission-free trading on U.S. and European stocks, is officially extending into Europe from today. To power the expansion, which will see Lightyear…
Read More »Japan’s SmartBank raises $20M Series A for its prepaid card and finance app
Shota Horii, his twin brother Yuta Horii and Jun Taketani co-founded SmartBank in 2019 after selling their previous startup Fablic, a Japanese online secondhand marketplace, to Rakuten in 2016. While operating Fablic, the trio found…
Read More »Africa-focused fintech Zazuu raises $2M to scale its cross-border payment marketplace
The remittance inflows to sub-Saharan Africa over the past decade have been on an upward trajectory since 2020; last year, it increased by more than 6% to $45 billion. However,…
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Daily Crunch: Raise now, pay later: $800M funding round slashes Klarna’s valuation by 85%
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello! We love you! Won’t you tell…
Read More »Now that Klarna has a new valuation, is Affirm cheap?
Klarna’s announcement that its long-expected funding round has come to a close brought with it one of the steepest valuation resets in memory, at least as far as operating businesses…
Read More »Cost cutting, layoffs remain leading startup themes
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex and Grace are back to cover the biggest,…
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