Ex-Uber software engineers raise $3M for Sperta, a 6-month-old startup that wants to help fintechs better manage fraud risk
Working together at Uber’s risk team, Yifu Diao and Ming Fang came to realize that with the hypergrowth the company was seeing came fraud challenges. Diao’s first project at the…
Read More »Brazilian consumer credit startup Open Co raises $115M in SoftBank-led round
For decades, Brazil has had a huge credit problem. It is Latin America’s largest country and has one of the highest interest rate spreads in the world. To give you…
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Papaya raises $50M to give you a way to pay bills via its mobile app
Paying bills is hardly a fun thing. So I think it’s safe to say that any technology that can make the process easier is welcome by all. Papaya is a…
Read More »Staircase steps up effort to build the ‘AWS Marketplace for the mortgage industry’ with fresh $18M
If you’ve ever had to apply for a mortgage, you know that it can be a time-consuming, expensive and often painful process — both in terms of just filling out…
Read More »Topi is building a new payment solution designed for B2B transactions
Meet Topi, a Berlin-based startup that raised a $4.5 million pre-seed funding round co-led by Index Ventures and Creandum. The company is working on a payment solution that is both…
Read More »Better.com CEO Vishal Garg steps back as employees detail how he ‘led by fear’
Looks like Better.com CEO Vishal Garg’s behavior is catching up to him. This morning, employees were notified via email by the Better board of directors that Garg would be taking…
Read More »Rho raises $75 million Series B for its one-stop corporate spend and cash management solution
Corporate spend and cash management company Rho today announced that it has raised a $75 million Series B funding round led by Dragoneer Investment Group. Participants included existing investors Inspired…
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Affirm spinout Resolve raises $25M in Insight Partners-led round to grow B2B buy now, pay later offering
Resolve, which specializes in “buy now, pay later” capabilities for B2B transactions, announced today that it has raised $25 million in equity funding. The investment comes just months after the…
Read More »Mambu nabs $266M at a $5.5B valuation to double down on embedded financial service and banking APIs
Embedded finance — where companies tap into APIs to integrate banking and other financial tools without having to build everything themselves from the ground up — has been one of…
Read More »Egyptian fintech Sympl raises $6M for its ‘save now, pay later’ service
Buy now, pay later (BNPL) offerings have existed for a long time, but increased in popularity as the pandemic made more people shop online and conserve cash. Though BNPL has…
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