Tiger Global, Avid Ventures lead $35M round for London payroll automation startup Pento
One of the biggest pain points for any business, but especially SMEs, is managing payroll. A startup that has built payroll automation software to make the process less painful, Pento,…
Read More »Bain Capital Ventures taps ex-Affirm exec as its newest partner to focus on early-stage fintech and commerce
Bain Capital Ventures has named Christina Melas-Kyriazi, a former Affirm executive and angel investor, as its newest partner. Melas-Kyriazi will be based in the firm’s San Francisco office and focus…
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SMB neobank Nearside, formerly known as Hatch, gets $58M Series B led by Valar
Nearside, the online bank for SMBs formerly called Hatch, announced today it has raised a $58 million Series B, just seven months after announcing its Series A. The latest round…
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TechCrunch+ roundup: Singapore’s fintech buzz, SaaS slump, amplified marketing strategies
Bret Taylor is on a roll: On Monday, he became the chair of Twitter’s board, and a day later, Salesforce made him its co-CEO and co-chair. Enterprise reporter Ron Miller…
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Mexican BNPL player Kueski secures $202M in debt & equity as it nears $100M+ in ARR
Kueski, a Mexico City-based “buy now, pay later” and online consumer lender, announced today it has secured $202 million in equity and debt funding. StepStone Group (which recently acquired Greenspring…
Read More »Cannabis and banking vets launch credit card for dispensaries
Most consumer cannabis transactions are done in cash, legal or not. Since the United States classifies cannabis as a Title IV drug, the banking industry is unwilling and unable to…
Read More »Goalsetter raises $15 million to go B2B with children’s financial literacy app
Goalsetter, a financial education platform for kiddos, has announced the close of a $15 million Series A financing round. The funding was led by Seae Ventures, with participation from Fiserv,…
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Fundbox, a fintech focused on SMBs, raises $100M at a $1.1B valuation
Fundbox, a company that offers loans and financial products to small businesses, announced today it has raised $100 million in a Series D round at a valuation of $1.1 billion….
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Jefa raises $2 million to offer digital accounts for women in LATAM
Fintech startup Jefa has raised a $2 million seed round to build a fintech startup offering digital accounts with a product specifically designed for women living in Latin America and…
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Kenyan fintech Asilimia raises $2 million in a pre-seed round, plans to extend loans to MSMEs and expand in East Africa
Kenya’s economy is powered by informal businesses, which contribute 33.8% to the country’s GDP and provide 83.4% of the total employment outside of small-scale agriculture, data from the country’s bureau…
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