Forerunner, Bezos back Arrived, a startup that lets you buy into single-family rentals for ‘as little as $100’
Arrived has raised $25 million in a Series A funding round led by Forerunner Ventures to give people the ability to buy shares in single-family rentals with “as little as…
Read More »Banking-as-a-service startup Unit closes on $100M at a $1.2B valuation
Unit, a banking-as-a-service startup, has closed on a $100 million Series C round of funding led by Insight Partners. Existing backers Accel, Better Tomorrow Ventures and Flourish Ventures also participated…
Read More »iOS 15.5 brings new Apple Cash update that lets you send and request money directly in Wallet
Apple users can now request and send money from their Apple Cash card directly through the Wallet app with the launch of iOS 15.5. The company notes that to request…
Read More »Three PayPal Ventures alums strike out with their own $158M fund
A trio of PayPal Ventures alumni has raised $158 million for Infinity Ventures, a new early-stage venture firm dedicated to investing in fintech startups globally. Jeremy Jonker, Jay Ganatra and…
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The Interchange: Things go from bad to worse at Better.com
Welcome back to The Interchange, the weekly TechCrunch series that looks at the latest — and what’s ahead — in the global fintech industry. It’s an incredible time to be…
Read More »Better.com CEO Vishal Garg says he is ‘personally liable’ for $750M SoftBank loan
Better.com CEO Vishal Garg has acknowledged to employees that he “personally guaranteed” the $750 million cash infusion provided to the online mortgage lender last November in an email seen by…
Read More »How close are we to understanding what’s going on?
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers and nuance behind the headlines. This week we recorded live, which is always good fun,…
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Altro has raised $18M to help you build credit just by paying for your Netflix subscription
Michael Broughton was the first in his family to go to college. But he almost didn’t, when he had trouble securing the necessary financing to pay his tuition. The experience…
Read More »Facebook Pay will be renamed Meta Pay soon
Facebook Pay will soon be renamed Meta Pay, according to a blog post written by Meta’s head of fintech, Stephane Kasriel. With the rebrand, the company is focusing on enhancing…
Read More »Brazilian fintech infrastructure company Dock closes on $110M in funding, now valued at over $1.5B
If there’s one area that has thus far felt insulated from the global venture downturn, it’s infrastructure. Companies that offer banking as a service and help other businesses offer their…
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