Brex buys Weav, a universal API for commerce platforms, for $50M
Fintech Brex first partnered with Weav, a developer of a universal API for commerce platforms, last summer. In March, Brex launched Instant Payouts for Shopify sellers using the startup’s technology….
Read More »Revenue-based financing startup Jenfi raises $6.3M to focus on high-growth Southeast Asian companies
Many Southeast Asian digital businesses run into obstacles when seeking early-stage growth financing. They might not want to sell equity in their company, but often struggle to secure working capital…
Read More »How the law got it wrong with Apple Card
Liz O'Sullivan Contributor Share on Twitter Liz O’Sullivan is CEO of Parity, a platform that automates model risk and algorithmic governance for the enterprise. She also advises the Surveillance Technology…
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Argentine fintech Ualá lands $350M at a $2.45B valuation in SoftBank, Tencent-led round
The dollars keep flowing into Latin America. Today, Argentine personal finance management app Ualá announced it has raised $350 million in a Series D round at a post-money valuation of…
Read More »Embedded finance won’t make every firm into a fintech company
Eyal Lifshitz Contributor Share on Twitter Eyal Lifshitz is the CEO of BlueVine. More posts by this contributor Banks and fintech in 2025: An unlikely alliance A short decade after…
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Former Twitter and DreamWorks exec joins Acorns as CFO ahead of the fintech’s public debut
As fintech Acorns plans to go public later this year, it has named former Twitter and DreamWorks animation exec Rich Sullivan to serve as its new chief financial officer. Irvine,…
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The China tech crackdown continues
The Chinese government’s crackdown on its domestic technology industry continues, with Tencent under fresh pressure despite the company’s efforts to follow changing regulatory expectations. News broke over the weekend that…
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Canopy raises $15M Series A after posting 4.5x customer growth in H1 2021
Canopy Servicing announced this morning it recently closed a $15 million Series A. The startup sells software to fintechs and others, allowing customers to create loan programs and service the…
Read More »The first Zambian startup to get into YC is developing Africa’s first card-issuing API
More than 40 African startups from a handful of countries have gone through YC over the past decade. Zambia joins that list today, and its entrant, Union54, is a worthy…
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Octane raises $52M at a $900M+ valuation to help people finance large recreational purchases
Most of the time when people get loans, it’s for big life purchases such as a house or a car. But not every big purchase is a necessity. Some are…
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