Mary Ann Azevedo

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Brex’s compliance head has left the fintech startup to join Andreessen Horowitz as a partner

Ali Rathod-Papier has stepped down from her role as global head of compliance at corporate card expense management start...
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Unit and Loop lay off staff and Brex ditches co-CEO model

Welcome to TechCrunch Fintech! This week, we’re looking at layoffs at BaaS startup Unit and car insurance company Loop, ...
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Fintech Brex abandons co-CEO model, talks IPO, cash burn and plans for a secondary sale

Since fintech startup Brex’s inception in 2017, its two co-founders Henrique Dubugras and Pedro Franceschi have run the ...
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Kleiner Perkins leads $14.4M seed round into Fizz, a credit-building debit card aimed at Gen Z college students

Carlo Kobe and Scott Smith believed so strongly in the need for a debit card product designed specifically for Gen Zers ...
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Former teen model co-created app Frich to help Gen Z be more realistic about finances

As a teen model, Katrin Kaurov became financially independent at a young age. Aleksandra Medina, whom she met at NYU Abu...
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Bootstrapped for over a decade, this Dallas company just secured $110M to help people pay bills by text

Solutions by Text, a company that gives people a way to pay their bills and apply for loans via text messaging, has secu...
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The demise of BaaS fintech Synapse could derail the funding prospects for other startups in the space

Welcome to TechCrunch Fintech! This week, we’re looking at the long-term implications of Synapse’s bankruptcy on the fin...
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With a16z-backed Synapse’s collapse, BaaS fintech is a mess and 10 million consumers could be hurt

Synapse's bankruptcy shows just how treacherous things are for the often-interdependent fintech world when one key playe...
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Teen fintech Copper had to emergency discontinue its banking, debit products

Another fintech startup, and its customers, has been gravely impacted by the implosion of banking-as-a-service startup S...
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A US trustee wants troubled fintech Synapse to be liquidated via Chapter 7 bankruptcy, cites ‘gross mismanagement’

The prospects for troubled banking-as-a-service startup Synapse have gone from bad to worse this week after the United S...
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Khosla Ventures, Pear VC triple down on Honey Homes, a smart way to hire a handyman

There’s apparently a lot of demand for an on-demand handyperson. Khosla Ventures and Pear VC have just tripled down on t...
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Meet PayHOA, a profitable and once-bootstrapped SaaS startup that just landed a $27.5M Series A

PayHOA, a previously bootstrapped Kentucky-based startup that offers software for self-managed homeowner associations (H...
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Infighting among fintech players has caused TabaPay to ‘pull out’ from buying bankrupt Synapse

A dust-up between Evolve Bank & Trust, Mercury and Synapse has led TabaPay to abandon its acquisition plans of trou...
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Inside Mercury’s competitive push into software and Ramp’s potential M&A targets

Welcome to TechCrunch Fintech! This week, we’re looking at Mercury’s latest expansions, wallet-as-a-service startup Ansa...
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Startup neobank Mercury is taking on Brex and Ramp with new bill pay, spend management software

Digital banking startup Mercury is layering software onto its bank accounts, giving its business customers the ability t...
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Notable Capital’s Hans Tung on why founders need to play the long game

Hans Tung, a managing partner at Notable Capital, formerly GGV Capital, has a lot of thoughts on the state of venture ca...
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‘Wallet-as-a-service’ startup Ansa raises $14 million with female investors leading the way

Ansa, a startup that helps merchants develop and offer branded virtual wallets, has raised a $14 million Series A round ...
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Backflip raises $15 million to help real estate investors flip houses

Flipping houses is not for the faint of heart, no matter how fun or easy HGTV might make it seem. One startup wants to m...
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Stripe’s big changes, Brazil’s newest fintech unicorn and the tale of a startup shutdown

Welcome to TechCrunch Fintech! This week, we’re looking at Stripe’s big product announcements, a bump in valuation...
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Seed-stage firm Eniac Ventures raises $220M across two funds

Eniac has raised $60 million for Select 1, the firm’s vehicle for follow-on later-stage investments, and $160 million fo...
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‘Send now, pay later’ startup Pomelo lands $35M Series A from secretive Vy Capital, Founders Fund

Pomelo, a startup that combines international money transfer with credit, has raised $35 million in a Series A round led...
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Fintech startup Ramp sees 32% bump in valuation, Mercury expands into consumer banking

Welcome to TechCrunch Fintech! This week, we’re looking at Ramp’s big raise and valuation jump, Mercury’s mo...
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Ramp raises another $150 million co-led by Khosla, Founders Fund at a $7.65B valuation

Spend management startup Ramp has raised another $150 million at a valuation of $7.65 billion, the company confirmed to ...
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Fintech startup Mercury, which is under regulatory scrutiny, expands into consumer banking

Business banking startup Mercury, founded in 2020, is now launching a consumer banking product. Mercury today serves mor...
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Investors and founders can meet their match with Cherub, the ‘Raya of angel investing’

Jaclyn Johnson and Angeline Vuong were on a hike deliberating how hard it can be for people to get started in angel inve...
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TechCrunch Fintech: Meet PayJoy, a fintech operating at the intersection of doing good and making money

Welcome to TechCrunch Fintech! This week, we’re looking at how two fintech companies serving the underserved are faring,...
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How PayJoy built a $300M business by letting the underserved use their smartphones as collateral for loans

Lerato Motloung is a mother of two who works in a supermarket in Johannesburg, South Africa. After her phone was stolen,...
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Fintech representation in YC’s Demo Days is definitely shrinking

Welcome to TechCrunch Fintech! This week, we’re looking at just how many fintech companies made it into Y Combinator’s W...
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Fintech funding slows to the lowest level since 2017

CB Insights released its Q1 2024 State of Venture Report, revealing that fintech funding slid by 16% during the three-mo...
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Robinhood’s new Gold Card, BaaS challenges and the tiny startup that caught Stripe’s eye

Welcome to TechCrunch Fintech (formerly The Interchange)! This week, we’re looking at Robinhood’s new Gold Card, challen...
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