How Plaid’s CTO grew his engineering team 17.5x in 4 years
When you first launch a startup, you’re just trying to build a product and get it to market. The first group of engineers has an “all hands on deck” mentality,…
Read More »Australian fintech Zepto raises $25M AUD Series A to enhance payment infrastructure
Zepto, an Australian real-time account-to-account (A2A) merchant payments platform, said Monday it raised a $25 million AUD Series A (about $18.8 million USD) co-led by AirTree Ventures and Decade Partners….
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Fintech Roundup: Will financial technology startups dodge the venture slowdown?
Welcome to my weekly fintech-focused column. I’ll be publishing this every Sunday, so in between posts, be sure to listen to the Equity podcast and hear Alex Wilhelm, Natasha Mascarenhas and me riff…
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TechCrunch+ roundup: PLG handbook, hiring early-stage sales teams, abolishing pro-rata
In a previous era, startups that gained influence with CIOs could skate through the procurement process and start planning seminars for new customers as soon as contracts were finalized. Today,…
Read More »It’s a fintech world, and we’re just living in it
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. It was a live recording this week, which…
Read More »Ola to acquire fintech Avail Finance
Ola said on Thursday evening it has reached an agreement to acquire Avail Finance, a financial services startup that serves the blue-collar workforce, as the ride-hailing giant looks to expand…
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Flock Homes closes on $26M for landlords to exchange rentals for shares in a portfolio of homes
Historically, only institutions have been able to be part of REITs (real estate investment trust), which are made up of companies that own or finance income-producing real estate across a…
Read More »Korean startup Dongnae secures $21M Series A to scale apartment rental service
Dongnae, a South Korea-based startup that helps tenants find premium apartment rentals, has closed $16.4 million (20 billion KRW) in equity and $4.1 million (5 billion KRW) in debt. The…
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Fintech startup Jeeves raises $180M, quadruples valuation to $2.1B in half a year
Less than seven months after closing on a $57 million Series B, fast-growing fintech Jeeves has raised $180 million in a Series C round that values the company at $2.1…
Read More »SME lending platform Validus acquires Citi Singapore’s CitiBusiness loan portfolio
Validus, a Singapore-based lending platform for small and medium-sized enterprises, is acquiring CitiBusiness’ loan portfolio for an undisclosed amount to bolster its top-line revenue and customer base and expand its…
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