Ex-Better.com CFO raises $10.8M to build Glean AI, or ‘accounts payable with a brain’
Having held the positions of CFO at digital lenders OnDeck and Better.com, Howard Katzenberg experienced firsthand just what a lack of visibility into company spend could cost an organization. After…
Read More »Better.com employees learned of layoffs when severance checks appeared in payroll app
The mass layoffs at digital mortgage lender Better.com have reportedly started, according to employees and other sources at the company, and affected workers are finding out by seeing a severance…
Read More »Hear how Blumberg Capital and DoubleVerify have worked together since 2008 on TechCrunch Live
Oren Netzer and his co-founder Alex Liverant started DoubleVerify in the heady Web 2.0 days of 2008. Blumberg Capital was the company’s first institutional investor. TechCrunch Live is thrilled to…
Read More »Better.com plans to lay off about 4,000 people this week, sources say
Online mortgage lender Better.com is poised to lay off roughly 50% of its staff of about 8,000 this week, according to sources familiar with internal happenings at the company. TechCrunch…
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Ghanaian fintech Dash raises $32.8M seed to build connected wallets for Africans
Global financial transactions are facilitated mainly by payment processors such as Visa or Mastercard. They are responsible for communication between banks and fintechs to settle transactions for consumers and businesses…
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Fintech Roundup: Banks beginning to view fintechs as frenemies
Welcome to my new 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…
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Welcome to the it’s-so-subtle pivot season
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. As late-stage tech startups face the changing…
Read More »Atomic lands $40M in funding, just five months after its Series A, to connect banks and fintechs to consumers’ paychecks
Atomic, a provider of payroll APIs, has raised $40 million in Series B funding just five months after announcing its Series A financing. Mercato Partners and Greylock co-led Atomic’s latest…
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Shares raises $40 million for its social investment app
Shares has closed a $40 million Series A funding round led by Valar Ventures. The company has been working on a mobile app that lets you easily buy and sell…
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Nigeria’s Sudo Africa raises $3.7M pre-seed for its card-issuing API platform
Sudo Africa, a fintech that provides a card-issuing API for developers and businesses in Nigeria, has raised $3.7 million in pre-seed funding. San Francisco-based Global Founders Capital (GFC) led the…
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