IT総合 Brex cuts 20% of staff amidst reports of stalled growth, high burn
Expense management startup Brex, which was valued at $12.3 billion two years ago, laid off 282 people, or about 20% of i...
Mary Ann Azevedo
IT総合 IT総合 It’s fun watching fintech startups grow
Covering companies' growth from the seed stage gives reporters a glimpse of what investors must feel like.
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IT総合 Briq, a startup that uses AI to automate finances in construction, brings in $8M extension at a $150M valuation
At a time where many startups are struggling to raise funding, or are raising – but at lower valuations, it’s notable wh...
IT総合 Pomelo stacks $40M to scale its payments infra business in LatAm
Argentinian payments infrastructure startup Pomelo has raised $40 million in a Series B round of funding. The Buenos Air...
IT総合 Carta’s missteps and real estate fintech’s up-and-down week
Welcome to TechCrunch Fintech (formerly The Interchange)! In this edition, I’m going to look at some hits and misses in ...
IT総合 Downpayments wants to offer real estate investors interest-free financing
Downpayments, a real estate fintech startup, is emerging from stealth today with the mission of helping investors purcha...
IT総合 Another proptech startup crashes and burns, citing ‘current interest rate environment’
Here, a fractional short-term vacation rental marketplace, has shut down after just over two years of operation. The Mia...
IT総合 Exponent Founders Capital, led by Plaid and Robinhood alums, raises $75M to invest in early-stage startups
Exponent Founders Capital, an early-stage venture firm founded by alumni of startups such as Plaid, Robinhood and Ramp, ...
IT総合 Short-term rental provider Frontdesk lays off entire staff, on the verge of shutting down
Another proptech startup has run into trouble. Frontdesk, a startup that managed more than 1,000 furnished apartments ac...
IT総合 Former Anthemis partner soft-launches new fintech-focused venture firm
Ruth Foxe Blader has left her role as partner at Anthemis Group after nearly seven years to start her own venture firm, ...
IT総合 Fintech’s biggest hits and misses of 2023
As 2023 comes to a close, we’re here to look back at the biggest fintech stories of the year. Silicon Valley Bank’s impl...
IT総合 Vestwell raises $125M to help businesses power workplace savings programs
Vestwell, which provides the infrastructure for employers to power workplace savings programs, has raised $125 million i...
IT総合 Opendoor co-founder Eric Wu is stepping down to return to his startup roots
Opendoor co-founder Eric Wu is stepping down from the real estate tech company, according to an SEC filing. In a stateme...
IT総合 Credit Karma co-founder Nichole Mustard stepping down after more than 16 years
Credit Karma co-founder and Chief Revenue Officer Nichole Mustard is leaving the company after 16-and-a-half years, Tech...
IT総合 Prevu hopes cash-back rebates will help sell homes online
The traditional role of the real estate agent has long been challenged as the internet has made it easier for people to ...
IT総合 Is the Texas boom town of Austin losing its luster?
Texas has been historically known for its oil booms. Today the state is perhaps better known as a magnet for tech compan...
IT総合 Simply Homes nabs $22M, leverages AI to tackle affordable housing crisis
The United States has long had an affordable housing crisis, but it’s been exacerbated as of late by a surge in mortgage...
IT総合 Expense management startup Navan cuts staff to find profitability ahead of delayed IPO
Navan, an expense management startup once known as TripActions, has laid off 5% of its staff, or 145 people, a spokesper...
IT総合 Yieldstreet to acquire real estate investment platform Cadre
Alternative investment platform Yieldstreet announced today that it has agreed to acquire Cadre, an online real-estate-f...
IT総合 Webull leaps into Mexico with acquisition of stock trading app Flink
Popular stock trading app Webull has acquired Mexican investment platform Flink, giving it an entry into the Mexico mark...
IT総合 Shein files confidentially to go public in the US
Singapore-based fast fashion platform Shein has confidentially planned to go public in the United States, according to m...
IT総合 Reddit might once again be flirting with an IPO
Social media giant Reddit is once again reportedly testing the IPO waters. Bloomberg reported on Monday that Reddit “is ...
IT総合 Prefab home builder Veev reportedly shutting down after reaching unicorn status last year
Veev, a real estate developer turned tech-enabled homebuilder, is on the verge of shutting down after reaching unicorn s...
IT総合 Menlo Ventures closes on $1.35B in new capital, targets investments in AI startups
Menlo Ventures has raised $1.35 billion in new capital that it plans to use in part “to support the forthcoming generati...
IT総合 Ramp taps AI as fintech hunts for growth
Ramp and Brex have been vocal about how they believe AI will transform the way they operate and serve their customers.
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IT総合 mogul club raises $3.6M toward its effort to make real estate investing more accessible
While the idea of owning rental properties is appealing to many Americans, the ability to vet and afford such investment...
IT総合 Klarna is inching toward an IPO, and it’s not the only one
Notable among the Klarna IPO chatter is the fact that it is far from the only private company worth billions that we are...
IT総合 Proptech startup Zeus Living, which was backed by Airbnb, reportedly shuts down
Startup Zeus Living is the latest casualty in the proptech world. The Airbnb-backed startup is reportedly “winding down ...
IT総合 Swedish fintech Klarna dodges a strike after reaching agreement with workers
Fintech giant Klarna has reached an agreement with workers that were set to strike next week, the company told TechCrunc...
IT総合 Wholesale marketplace Faire, which raised at a $12.6B valuation last year, lays off 20% of its staff
Wholesale marketplace Faire has laid off 20% of its staff, or about 250 people, as part of a restructuring, according to...