Branch raises $75M to help workers get paid faster
Branch, which aims to power faster payments to contract workers with its technology, has raised $75 million in a Series C funding round that has closed just six months after…
Read More »Acorns squirrels away $300M Series F after scrapping SPAC, now worth nearly $2B
Savings and investing app Acorns has raised $300 million in a Series F funding round that values the company at nearly $2 billion. The announcement of the raise comes about…
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Atlantic Money wants to challenge Wise with even cheaper international money transfers
Meet Atlantic Money, a foreign exchange startup that plans to be cheaper than other foreign exchange services. If that pitch sounds familiar, that’s because Wise, the company formerly known as…
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Selfbook raises $15M at a $300M valuation in Tiger-led extension to give hotels a way to accept ‘one-click’ payments
Hotel payment software provider Selfbook has completed a $15 million extension of its Series A financing that values the company at $300 million. Tiger Global Management led the extension, as…
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Forma raises new funding to make employee benefits more flexible
Companies across the board are fighting to recruit and retain employees as the war for talent rages on. Employee benefits are no longer viewed as a cookie-cutter, standard set of…
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Ex-Better.com CFO raises $10.8M to build Glean AI, or ‘accounts payable with a brain’
Having held the positions of CFO at digital lenders OnDeck and Better.com, Howard Katzenberg experienced firsthand just what a lack of visibility into company spend could cost an organization. After…
Read More »Better.com employees learned of layoffs when severance checks appeared in payroll app
The mass layoffs at digital mortgage lender Better.com have reportedly started, according to employees and other sources at the company, and affected workers are finding out by seeing a severance…
Read More »Hear how Blumberg Capital and DoubleVerify have worked together since 2008 on TechCrunch Live
Oren Netzer and his co-founder Alex Liverant started DoubleVerify in the heady Web 2.0 days of 2008. Blumberg Capital was the company’s first institutional investor. TechCrunch Live is thrilled to…
Read More »Better.com plans to lay off about 4,000 people this week, sources say
Online mortgage lender Better.com is poised to lay off roughly 50% of its staff of about 8,000 this week, according to sources familiar with internal happenings at the company. TechCrunch…
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Ghanaian fintech Dash raises $32.8M seed to build connected wallets for Africans
Global financial transactions are facilitated mainly by payment processors such as Visa or Mastercard. They are responsible for communication between banks and fintechs to settle transactions for consumers and businesses…
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