Bench customers are now being forced to hand over their data or risk losing it, they say
After accounting startup Bench abruptly shut down on December 27 and was bought in a fire-sale by Employer.com, Bench customers are now learning they can’t easily just take their financial…
Read More »Inside the wild fall and last-minute revival of Bench, the VC-backed accounting startup that imploded over the holidays
Friday, December 27, was supposed to be the start of a relaxing holiday weekend. But it was chaos for thousands of small business owners who use Bench, an accounting and…
Read More »Robinhood, already a ‘comeback’ stock, has even more aggressive plans for 2025
Robinhood CEO Vlad Tenev has a lot to celebrate this holiday season. After a bumpy few years following Robinhood’s 2021 IPO — a period during which shares of the commission-free…
Read More »Bench shuts down, leaving thousands of businesses without access to accounting and tax docs
Bench, a Canada-based accounting startup that offered software-as-a-service for small and medium-sized businesses, has abruptly shut down, according to a notice posted on its website. “We regret to inform you…
Read More »Revenue-based financing startups continue to raise capital in MENA, where the model just works
In an era where it has become tougher to raise venture capital, many companies have turned to non-dilutive, revenue-based financing (RBF) as an alternative. As a result, plenty of startups…
Read More »As account-to-account payments startups falter, Volume raises fresh cash
Online merchants usually pay up to 8% of every sale to companies like PayPal, Apple Pay, and Stripe, and pass those costs on to consumers. So-called “account-to-account” or “A2A” payments can…
Read More »YC-backed Finny is using AI to match financial advisors with prospects
Financial advisors have a big hurdle when it comes to finding new clients: Cold outreach rarely works. Often, the only way to find a good prospect is to tap your…
Read More »KPay, a financial management platform for SMEs, raises $55M Series A
Sometimes, the easiest way to find a great idea for a startup is to look beyond the current problem you’re solving for your customers. That’s exactly what worked for the…
Read More »Latin America fintech will be a market to watch in 2025
Midway through 2024, Mike Packer, a partner at fintech-focused QED Investors, predicted we’d already hit the bottom for funding to Latin American fintech startups and that a bounce-back was coming….
Read More »Trump’s tariff threats don’t scare this Mexican fintech
Mexico’s economic development — turbocharged by the amount of nearshoring in recent years — has made it fertile ground for startups. But the trend is under threat if President-elect Donald…
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