Lee Fixel’s Addition leads $32M investment into TruePay, a Brazilian B2B ‘buy now, pay later’ startup
Global investors continue to be drawn to LatAm. TruePay, a one-year-old São Paulo-based “buy now, pay later” startup, announced today that it has raised $32 million in a Series A…
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French insurtech startup Leocare raises big funding round
French startup Leocare has raised a big Series B funding round led by Eight Roads. Overall, the company has raised $116 million. It’s an equity and debt round, which means…
Read More »Payhawk raises $112M to better compete in the heated corporate card race
If you’ve followed corporate card and spend management startups in the U.S., you might be familiar with Brex and Ramp. Payhawk is also offering an all-in-one financial management solution for…
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What happened to Paytm’s IPO valuation?
If you weren’t paying close attention, you might have expected a different result from Paytm’s IPO. After all, the company is incredibly well funded by investors that you know by…
Read More »Equity Monday: Paytm’s rocky debut gets rockier
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Happy Monday everyone, and welcome to a holiday…
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Ireland’s Fonoa raises $20.5M to help digital-first businesses stay tax compliant as they scale globally
There are myriad tax pain points that come from selling goods, content or services globally. As the world has seen a surge in cross-border transactions, digital-first businesses face the challenge…
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Nigerian fintech Abeg faces its biggest test yet after blitzscaling to millions of users
On October 3, “Big Brother Naija,” a reality show sponsored by Nigerian social payments company Abeg, came to a rapturous close after 72 days on air. The show, which commenced…
Read More »Lydia adds stock and crypto trading to its payment app
French startup Lydia is entering a whole new category by adding trading to its financial super app later this year. The company is partnering with Bitpanda for this feature. Lydia…
Read More »In Amazon scuffle, Visa’s loss could be Affirm’s gain
Earlier this week, Amazon announced that it would stop accepting Visa credit cards issued in the U.K. due to high interchange fees on transactions. The company gave a deadline of…
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Sequoia, 120 angel investors back former Google execs’ consumer finance startup Arbo Works
A team of Google executives, many of whom worked with one another for years, left the company earlier this year to launch a startup. The fintech firm, Arbo Works, has…
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