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Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. The whole team was back together this week,…
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Belong secures $80M to take the pain out of rental property management
Historically, the relationship between landlords and tenants can be a contentious one. At the same time, the experiences of managing a property, and renting one, are not always smooth. Belong,…
Read More »Southeast Asian payments infrastructure unicorn Xendit banks $300M
Xendit, a payments infrastructure platform for Southeast Asia, has raised $300 million in fresh funding. The company’s new valuation wasn’t disclosed, but it hit unicorn status in its last round…
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Neon triples revenue in quest to become the biggest bank for Brazil’s working class
When Pedro Conrade started Brazilian digital bank Neon in 2016, he was a 23-year-old business school student who was frustrated with the service and costs associated with traditional banking in…
Read More »Block rival SpotOn lands $300M at $3.6B valuation after doubling ARR last year
Payments and software startup SpotOn has closed on $300 million in a Series F financing that values the company at $3.6 billion. Dragoneer Investment Group led the latest round, which…
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Amex Ventures bets $5M on Trellis, which wants to make switching insurance providers easier
How many people have stuck with the same auto insurance provider because the process of finding a new one feels overwhelming and painful? A lot. It’s no surprise then that…
Read More »Plaid officially expands into identity and income verification, fraud prevention and account funding
Fintech decacorn Plaid is expanding beyond its core product of account linking — its first major expansion since its 2013 inception. In conjunction with its “Plaid Forum” event, the startup…
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TechCrunch+ roundup: DTC data strategy, starting up solo, insuretech growth versus risk
Because solo founders don’t have to run decisions past anyone, they exert near-total control over their startup’s mission. But you’ve got to pay the cost to be the boss: A…
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Forerunner, Bezos back Arrived, a startup that lets you buy into single-family rentals for ‘as little as $100’
Arrived has raised $25 million in a Series A funding round led by Forerunner Ventures to give people the ability to buy shares in single-family rentals with “as little as…
Read More »Banking-as-a-service startup Unit closes on $100M at a $1.2B valuation
Unit, a banking-as-a-service startup, has closed on a $100 million Series C round of funding led by Insight Partners. Existing backers Accel, Better Tomorrow Ventures and Flourish Ventures also participated…
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