Fintech Roundup: The gloves are off in the spend management space

Welcome to my weekly fintech-focused column. I’ll be publishing this every Sunday, so in between posts, be sure to listen to the Equity podcast and hear Alex Wilhelm, Natasha Mascarenhas and me riff on…

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‘The Ultimatum’ and social fintech have more in common than you’d think

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week was TechCrunch Early Stage, so Natasha and Alex…

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Welcome Tech, which wants to build a ‘Super App’ for immigrants, raises $30M

Immigrants to the United States face myriad challenges besides having to learn a new language. In many cases, they are dealing with a foreign and complex financial system, may struggle…

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Sika lets patients ‘hack’ their health savings accounts to buy wellness products tax-free

What if you could buy a Peloton with pre-tax dollars? How about vitamins and supplements? Skincare products? Or even mattresses and massages? All of those may likely qualify as purchases…

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Better.com said to be planning third round of layoffs

Digital mortgage company Better.com is gearing up for another round of layoffs, multiple sources with knowledge of internal happenings at the company have told TechCrunch. This time, the company is…

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Braid aims to untangle pooling money with friends

Entrepreneur Amanda Peyton has always been “the friend that’s good with money,” whether as the treasurer of her high school at age 16 or today as the founder of Braid,…

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Expense management provider Emburse goes head-to-head with Brex and Ramp

With 12 million users and nearly $200 million in annual recurring revenue, expense software provider Emburse has built much of its business in the enterprise. Historically, it has competed with…

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Fintech Brex bets big on software, lands DoorDash as a customer

The corporate spend space continues to heat up. Today, decacorn Brex revealed that it is making a big push into financial software with the release of a new spend management…

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A neobank for digital entrepreneurs, founded by a former Apple Card designer, just raised $5.3M

Daniel Sathyanesan spent two years at tech behemoth Apple as a user experience designer on the Apple Card before venturing out on his own. While running his own business —…

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PayMaya owner Voyager Innovations raises $210M at a valuation of $1.4B

Voyager Innovations, the owner of the Philippines’ payment and financial services app PayMaya and neobank Maya Bank, announced today it has raised $210 million, bringing its valuation to $1.4 billion….

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