Fintech MainStreet cuts about 30% of staff, citing ‘incredibly rough market’
MainStreet, a startup that helps other startups uncover tax credits that was valued at $500 million last year, has laid off about 30% of its staff, according to a tweet…
Read More »The BNPL crackdown hasn’t crushed Walnut and its latest $110M Series A
Walnut was founded by Roshan Patel and Yash Joshi to bring the buy now, pay later model to healthcare, arguably the home of some of the least transparent and taxing…
Read More »Canada’s Neo Financial closes on $145M Series C, surpasses 1 million customers
Canadian digital bank Neo Financial has raised $145.2 million (CAN$185 million) after surpassing the 1 million customer mark, the company announced today. Valar Ventures led the investment, which brings Neo’s total…
Read More »From partners to competitors: What Stripe’s latest move means for Plaid
Earlier today, payments giant Stripe announced a new product that fills in some significant gaps in its play to be the financial services layer for merchants and other businesses whose…
Read More »Robinhood to let users lend out their shares in its attempt to diversify revenue
Trading platform Robinhood is launching a feature that will allow its users to lend out their stocks in hopes of earning passive, recurring income from borrowers, the company announced today….
Read More »
Masa Finance gets $3.5M pre-seed to build its decentralized credit protocol
Masa Finance, a hybrid credit protocol and decentralized credit bureau founded by Pngme CEO Brendan Playford in late 2020, has raised $3.5 million in pre-seed funding. According to a statement,…
Read More »
Getlife wants to democratize life insurance in Europe
Meet Getlife, a Madrid-based startup that just raised $6.3 million (€6 million) in seed funding. The company wants to make it easier to access life insurance products in Europe. For…
Read More »Bunq to acquire group expenses app Tricount
Bunq, a European challenger bank based in Amsterdam, has announced that it plans to acquire Tricount, a popular mobile app to manage group expenses. Bunq isn’t disclosing the terms of…
Read More »
Point closes on $115M to give homeowners a way to cash out on equity in their homes
Historically, homeowners could only tap into the equity of their homes by taking out a home equity loan or refinancing. But a new category of startups have emerged in recent…
Read More »
Banking giant Truist acquires fintech startup Long Game in effort to reach younger demographic
Truist — one of the nation’s largest financial institutions — has acquired Long Game, a 12-person fintech startup that has raised over $20 million in venture capital, executives have told…
Read More »
