Is it time to worry about fintech valuations?
Nu, the parent company of Nubank, reported its fourth-quarter financial performance, and in response to rapid revenue growth and improving economics, the company saw its value drop 9% in regular…
Read More »Ramp expands into travel as the corporate spend category goes horizontal
Corporate spending has marked a huge opportunity in the world of fintech. Multiple players have emerged with various solutions — from software to corporate cards — to help businesses of…
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Pipe expands into media and entertainment financing with its acquisition of Purely Capital
When Pipe was founded in 2019, its vision was to provide SaaS companies a funding alternative outside of equity or venture debt. Specifically, the Miami-based fintech’s mission was to give…
Read More »Clearco co-founder Andrew D’Souza steps back as Michele Romanow assumes CEO role
Clearco co-founder Andrew D’Souza tells TechCrunch that he has stepped back from his role as chief executive at the fintech company. Michele Romanow, the co-founder and president of Clearco, is…
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Groundfloor steps up its real estate debt crowdfunding platform with fresh capital
Crowdfunding has become an increasingly popular way for companies to raise capital, and investors are taking notice. Groundfloor, the first real estate crowdfunding platform to gain regulatory approval, announced today…
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Philippines payment gateway PayMongo gets $31M Series B, will explore regional expansion
PayMongo founders (from left to right): Jaime Hing III, Chief Technology Officer, Francis Plaza, Chief Executive Officer and Luis Sia, Chief Commercial Officer Philippines-based fintech PayMongo, which enables merchants to…
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Fintech Roundup: What investors really, really want
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,…
Read More »Better.com loses more senior execs as employees brace for another mass layoff
Things are getting worse at Better. More executives have resigned from Better.com nearly three months after the online mortgage lender laid off 900 employees via Zoom and as the company…
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TechCrunch+ roundup: Fintech investor survey, data-driven fundraising, VC scouting jobs
The public markets may have cooled on fintechs in recent months, but for entrepreneurs who are still considering starting up, “outlook good,” says the Magic 8 Ball. In 2021, one-third…
Read More »When the founder becomes the story
A year ago, few knew the brand Bolt, a checkout technology company that was founded in 2014, nor its founder, Ryan Breslow, a seemingly archetypal Silicon Valley type: smart, strong-willed…
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