Latest from Mary Ann Azevedo
Welcome to TechCrunch Fintech! It’s finally cooling down here in my home base of Austin, Texas, and that makes me happy. In this week’s newsletter, we’re looking at a big…
Fintech
Miami-based AI bookkeeping startup Finally has raised another big round: $200M in equity and debt
The SMB-focused bookkeeping, accounting and finance startup Finally has raised $50 million in a Series B round of funding and secured a $150 million credit line, TechCrunch is the first…
Featured Article
How a viral AI image catapulted a Mexican startup to a major Adidas contract
Antonio Nuño, Fatima Alvarez, and Enrique Rodriguez have been friends since they were five years old. As teenagers, they became volunteers helping indigenous communities — first in Mexico, then in other countries — and saw that many of the women were artisans. The trio came to realize that these artists…
HR and payroll software company Paylocity has agreed to acquire corporate spend startup Airbase for $325 million, the companies announced Wednesday. The deal is subject to regulatory approval and is…
Ryan Breslow’s plan to get himself reinstalled as CEO of fintech company Bolt — and push through a $450 million fundraising deal that would value the startup at a staggering $14 billion…
Fintech
The flat-rate real estate startup that’s got big players worried and BNPL’s turning a corner
Welcome to TechCrunch Fintech! This week, we’re looking at a new real estate startup that’s making big waves with its offering, Klarna and Affirm’s financials, a neobank focused on immigrants…
Redfin is responding to a new startup that is hoping to upend the way people search for and buy homes by offering a flat-fee service. On August 29, TechCrunch reported…
On today’s episode of TechCrunch’s Equity podcast, Devin Coldewey kicked off our Deals of the Week rundown with Piramidal, a startup that offers a foundational model…
Startups
After winning a landmark case against real estate agents, this startup aims to replace them with a flat fee
One of the people who successfully sued the National Association of Realtors (NAR) to change real estate commissions has co-founded a new real estate startup. It all began in 2017…
One-click checkout tech company Bolt is still waiting to find out if shareholders will sign off on a proposed funding round with stipulations that founder Ryan Breslow would return as CEO. In…
Fintech
Fast-growing immigrant-focused neobank Comun has secured $21.5M in new funding just months after its last raise
Comun, a digital bank focused on serving immigrants in the United States, has raised $21.5 million in a Series A funding round less than nine months after announcing a $4.5…
Welcome to TechCrunch Fintech! This week, we’re looking at the craziness that is Bolt’s proposed fundraise, how much money Synapse’s founder has raised for his new venture, just how much…
While the rapid pace of funding has slowed, many fintechs are continuing to see growth and expand their teams.
Here is a timeline of Synapse’s troubles and the ongoing impact it is having on banking consumers.
Tens of millions of customer dollars remain unaccounted for at his previous startup, fintech Synapse. But that’s not deterring Sankaet Pathak from forging full steam ahead with his new robotics…
Ashesh Shah, the founder and CEO of The London Fund is, as you might imagine, bullish on Bolt. The London Fund is a U.K. venture firm with “over $1 billion…
Bolt’s aggressive ultimatum to its existing shareholders will be an expensive uphill battle, an expert familiar with Bolt’s corporate charter tells TechCrunch.
Welcome to TechCrunch Fintech! This week, we’re looking at the respective demise of Tally and Score, plus examining Klarna’s latest business move. We also have a list of fintech companies…
Swedish fintech giant Klarna is rolling out two new products on Thursday that could make its buy now, pay later offerings more enticing to use. The company is offering consumers…
Welcome to TechCrunch Fintech! This week, we’re looking at Payoneer’s $61 million acquisition of Skuad, Robinhood and Dave’s second-quarter results, X’s progress on its payments and more. To get a…
Fintech
a16z-backed fintech Tally, which raised $172M in funding, is shutting down after running out of cash
Tally, a nine-year-old fintech that helped consumers manage and pay off their credit card debt, has shut down, according to the company. In a LinkedIn post that was shared earlier…
AI was prominent in the news cycle this week — yet again. In this Friday’s episode of TechCrunch’s Equity podcast, Kirsten Korosec, Mary Ann Azevedo…
Venture
Flourish Ventures on repeat founders, emerging markets and when not to hop on the AI bandwagon
In today’s episode of Equity Podcast, Mary Ann Azevedo talked to Flourish Ventures co-founders Tilman Ehrbeck, Emmalyn Shaw and Arjuna Costa about a variety of…
New York-based fintech Payoneer has acquired Skuad, a Singapore-based global HR and payroll startup, for $61 million in cash, the company exclusively told TechCrunch. Payoneer said it could also pay…
Welcome to TechCrunch Fintech! This week, we’re looking at Revolut’s reported valuation hike, fintech unicorns, the Disrupt Fintech Stage, and more. To get a roundup of TechCrunch’s biggest and most…
Global startup funding was up 16% in the second quarter, according to Crunchbase data, led by an uptick in mega-rounds. That increase was led, unsurprisingly,…
Welcome to TechCrunch Fintech! This week, we’re looking at Stripe’s easy-peasy acquisition, the role fintech played in Clio’s latest raise, the latest with digital banking startup Mercury, and more. To…
Fintech
FranShares has a new approach to passive income, letting people invest in franchises for as little as $500
Historically, passive income has been associated with investing in real estate such as rental properties. FranShares is a Chicago-based startup that wants to offer investors another form of passive income:…
Welcome back to another recap of Equity, TechCrunch’s flagship podcast about the business of startups. This episode is packed with some significant fundraises, a potentially…
Maven Ventures general partner Sara Deshpande has been investing in the consumer tech space for a decade. Over time, the seed-stage venture firm has backed…
