Brex cuts 20% of staff amid reports of stalled growth, high burn
Expense management startup Brex, which was valued at $12.3 billion two years ago, laid off 282 people, or about 20% of its staff today. The once high-flying fintech startup sent…
Read More »It’s fun watching fintech startups grow
Covering companies’ growth from the seed stage gives reporters a glimpse of what investors must feel like. © 2023 TechCrunch. All rights reserved. For personal use only.
Read More »Briq, a startup that uses AI to automate finances in construction, brings in $8M extension at a $150M valuation
At a time when many startups are struggling to raise funding or are raising but at lower valuations, it’s notable when companies raise at flat or higher valuations. Especially when…
Read More »Digital Onboarding grabs $58M to help banks with profitable customer engagement
Financial institutions spend hundreds of dollars in marketing and awareness to get a customer to open an account that often doesn’t get used. Digital Onboarding wants to help. © 2023…
Read More »Pomelo stacks $40M to scale its payments infra business in LatAm
Argentinian payments infrastructure startup Pomelo has raised $40 million in a Series B round of funding. The Buenos Aires-based company started in 2021 with the goal of giving fintechs and embedded…
Read More »Tandem gives ‘modern couples’ app to manage finances together and separately
The fintech app addresses the first financial milestones for couples and grows with the relationship through planning, saving and spending features. © 2023 TechCrunch. All rights reserved. For personal use…
Read More »N26 launches stock and ETF trading to complement its banking offering
Berlin-based banking startup N26 is rolling out a new stock and ETF trading feature starting with Austria as the first market. This product launch marks a renewed focus on the…
Read More »Carta’s missteps and real estate fintech’s up-and-down week
Welcome to TechCrunch Fintech (formerly The Interchange)! In this edition, I’m going to look at some hits and misses in the real estate fintech space, Carta’s missteps (again), and more!…
Read More »When it comes to startups’ flight to quality, have we swung too far in the other direction?
Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This…
Read More »Pier banks $2.4M to launch ‘Stripe for credit’
Developers add Pier’s APIs with a few lines of codes, and the company then manages the credit lifecycle from end-to-end, including origination, underwriting, compliance and servicing. © 2023 TechCrunch. All…
Read More »
