Plaid co-founder’s next venture is a bank to power fintech apps
In 2019, William Hockey, the co-founder of fintech business Plaid, announced that he would step down from his position as Plaid’s chief technology officer and president. Having helped to grow…
Read More »Flutterwave CEO addresses alleged misconduct claims in email to employees
Flutterwave CEO Olugbenga Agboola has, for the first time, addressed financial and personal misconduct claims leveled against him and the company this month, according to an email to employees obtained…
Read More »Here’s why Brex just paid $90M for 10-person software startup Pry Financials
In line with its April 13 announcement that it’s making a “big push” into software, Brex has acquired Y Combinator-backed Pry Financials for $90 million, the company told TechCrunch exclusively….
Read More »Japanese insurance company Tokio Marine launches CVC fund to back early-stage startups
Tokio Marine, a Tokyo-headquartered insurance corporation, said Tuesday it has launched its $42 million corporate venture capital (CVC) fund, dubbed Tokio Marine Future Fund, to invest in early-stage startups around…
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Fintech NovoPayment raises first venture round in 15 years to expand its full-stack banking API platform
The digital transformation of banking and payments services is a red-hot trend that’s shown no signs of slowing down. Banking-as-a-service (BaaS) products like Synapse, Unit and Bond have helped fuel the…
Read More »Are poison pills really that bitter?
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Every Monday, Grace and Alex scour the news and record notes on…
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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…
Read More »‘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…
Read More »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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