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…
Read More »
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…
Read More »
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…
Read More »
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…
Read More »iOS 15.5 brings new Apple Cash update that lets you send and request money directly in Wallet
Apple users can now request and send money from their Apple Cash card directly through the Wallet app with the launch of iOS 15.5. The company notes that to request…
Read More »Three PayPal Ventures alums strike out with their own $158M fund
A trio of PayPal Ventures alumni has raised $158 million for Infinity Ventures, a new early-stage venture firm dedicated to investing in fintech startups globally. Jeremy Jonker, Jay Ganatra and…
Read More »
The Interchange: Things go from bad to worse at Better.com
Welcome back to The Interchange, the weekly TechCrunch series that looks at the latest — and what’s ahead — in the global fintech industry. It’s an incredible time to be…
Read More »Better.com CEO Vishal Garg says he is ‘personally liable’ for $750M SoftBank loan
Better.com CEO Vishal Garg has acknowledged to employees that he “personally guaranteed” the $750 million cash infusion provided to the online mortgage lender last November in an email seen by…
Read More »
