Fintech Highlights - 6/25/2024
Unit lays off staff. Brex is abonding its abandoning its co-CEO model. Intuit to acquire Zendrive. And more...
Unit lays off staff. Brex is abonding its abandoning its co-CEO model. Intuit to acquire Zendrive. And more...
Rippling is hot right now. Carta is working on a secondary sale. JPMorgan has raised the prospect it could shortly sell its stake in Greek payments fintech Viva Wallet. And more….
AI mortgage startup LoanSnap is in trouble. Neobanks are having a moment. Solutions by Text raises a round. And more...
Investors are plowing money into spot bitcoin funds again. Shopify acquired Checkout Blocks. Prósperos raises a round. And more... Here's what we've been watching this week 👇 Pinned to the Top Investors are plowing money into spot bitcoin funds again, after a momentary lull. * Nearly $890 million
Deel makes some significant moves. Copper Bankingabruptly discontinued its bank deposit accounts and debit cards. And more... Here's what we've been watching this week 👇 Pinned to the Top 💰 Coming attractions: Deel, the payroll and HR platform valued by VCs at over $12 billion, today will announce
The prospects for troubled banking-as-a-service (BaaS) startup Synapse went from bad to worse last week. Aflac has agreed to buy around a 40% stake in private credit firm Tree Line Capital Partners. And more…. Here's what we've been watching this week 👇 Pinned to
Charlesbank Capital Partners acquired Perspective Financial, a British financial advisory for both individuals and companies. Niro, an Indian embedded lending startup, raises a round. Here's what we've been watching this week 👇 M&A Charlesbank Capital Partners acquired Perspective Financial, a British financial advisory for both
Robinhood recieves SEC "Wells Notice." Ansa, a "wallet-as-a-service" business has raised another $14 million. And more…. Here's what we've been watching this week 👇 Pinned to the Top Robinhood said that it has received a warning from the Securities and
Stripe surpasses $1 trillion in total payment volume in 2023. JPMorgan Chase has been fined roughly $350 million. Birdwingo raises a round. And more….
Crypto prices keep going strong. FDIC seized Republic Bank. Thunes agreed to acquire Tilia. And more...
PayJoy sees solid growth. Revolut goes to Mexico. Finmid raises a roundHere's what we've been watching this week 👇 Pinned to the Top PayJoy is an example of a company with positive unit economics and a mission to help the underserved. It’s not often that we
Deals and deal size in fintech. Ryan Reynolds has another exit. Smartpay raises a round. Here's what we've been watching this week 👇 Pinned to the Top Flipkart co-founder Sachin Bansal is in talks to raise capital for his new startup, Indian fintech Navi. Bansal is