IT総合 FTC slams Opendoor with $62M settlement over false advertising claims
Opendoor has agreed to pay $62 million to settle charges by the Federal Trade Commission, which says the company’s claim...
Mary Ann Azevedo
IT総合 IT総合 How fintech startups are navigating the extension-round rush
As the fintech venture market goes, so goes the venture market itself. Why? Because fintech investment has historically ...
IT総合 A tale of two surveys: Fintech VCs change tune on investment landscape
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IT総合 Lemonade closes on acquisition of insurtech Metromile, promptly lays off about 20% of its staff
Publicly traded Lemonade has laid off about 60 employees of Metromile, the auto insurtech company it recently acquired –...
IT総合 8 investors discuss fintech’s potential despite the market downturn
The fintech sector has had its ups and downs as of late, with Klarna experiencing hefty valuation cuts, Fast shutting do...
IT総合 8 fintech investors discuss the shifting investing landscape and how to pitch them in Q3 2022
Last year, more than 20% of venture dollars went into fintech startups globally, according to CB Insights. Equally notab...
IT総合 These startups want to make credit scores a thing of the past
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IT総合 Fintech isn’t dead, as Ramp reports accelerating revenue growth
Not every company is struggling in this downturn.
Despite a cooling market, corporate spend management startup Ramp repo...
IT総合 The bright side of fintech funding results
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IT総合 Mexican fintech startup Stori reaches unicorn status with $50M equity raise
While credit cards are ubiquitous in the U.S., they are far less so across Latin America, where people — especiall...
IT総合 Fintech startups lead the layoff wave
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IT総合 a16z leads $6.5M seed round for Adaptive, a construction software and fintech play
In the construction business, time is money.
But with so many moving parts, it can be extremely challenging for construc...
IT総合 Embattled digital mortgage lender Better.com reveals string of new senior exec hires in ‘rebirth’ attempt
Online mortgage lender Better.com is on a mission to reinvent its image.
The embattled startup announced today several n...
IT総合 Forever21’s parent company sued Bolt, but now it’s a shareholder
A lawsuit that was filed against one-click checkout startup Bolt by one of its biggest customers will be dismissed as th...
IT総合 Brazilian proptech startup Loft, which was valued at $2.9B last year, lays off 380 employees
Loft, a Brazilian proptech unicorn, has laid off about 380 employees, or 12% of its workforce, the company announced tod...
IT総合 Tracking Klarna’s plunging valuation
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IT総合 Fintech Klarna reportedly raising at a $6.5B valuation, giving new meaning to the phrase ‘down round’
In a sign of the times, Swedish buy now, pay later giant Klarna is reportedly close to inking a new round of funding tha...
IT総合 Brazilian motorcycle rental startup Mottu revs up with $40M to help more Latin Americans become couriers
Mottu, a São Paulo-based motorcycle rental startup, has raised $30 million in equity in a Series B round of funding.
The...
IT総合 Conversion Capital locks down its biggest fund ever to back early-stage fintech and infrastructure startups
When Christian Lawless founded Conversion Capital in 2015, fintech was only starting to take off.
But Lawless, who start...
IT総合 Fintech Amount, which was valued at $1B last year, lays off 18% of staff
Amount, a fintech that reached unicorn status last year, has laid off 18% of its workforce.
The exact number of how many...
IT総合 Fintech investors appear to be favoring later-stage deals as sector takes a hit, recent data shows
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IT総合 Brex says it did a ‘poor job’ explaining its decision to cut off SMBs
Brex’s announcement last week that it would stop serving small-to-medium-sized businesses shocked — and upset — many in ...
IT総合 Better.com loses three more senior executives, including SVP and VP of sales
Three more senior executives of digital mortgage lender Better.com have resigned, multiple sources tell TechCrunch.
Thos...
IT総合 Why did Brex really decide to ditch SMBs?
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IT総合 As Brex exits the SMB space, its CEO says that doesn’t include startups… at least the funded ones
Brex’s decision to stop serving SMB customers surprised many in the startup and fintech community.
TechCrunch spoke wit...
IT総合 Brex, which started out serving startups, now says it is ‘less suited to meet the needs of smaller customers’
Three months after announcing it would make a big push into software and enterprise, fintech giant Brex is apparently ab...
IT総合 Notarize signs off on 25% staff reduction, admits challenging fundraising environment
Notarize, a startup that offers remote online notarization services, has let go of 110 people – or 25% of its workforce....
IT総合 Auxilius lands $10M to help biopharmas manage financial aspects of the clinical trial process
Many of us take prescription medication with little to no understanding of just how long it takes — or how much it costs...
IT総合 Wealthsimple, valued at $4B last year, joins the fintech layoffs list
Roboadviser Wealthsimple, which was valued at $4 billion as of last year, is laying off 159 people – or about 13% ...
IT総合 Cube, which wants to help finance teams plan better and faster, lands $30M after seeing 400% ARR growth
Cube, a startup that wants to help companies “plan their financial future,” has raised $30 million in a Series B funding...