Daylight, an LGBTQ+ banking platform, is shutting down. Its operations will cease on June 30, according to embattled co-founder and CEO Rob Curtis. The announcement …
Anthemis targets $200M for new fund after layoffs and canceled SPAC
Anthemis Group is trying to raise $200 million for a third fund, according to an SEC filing, as first reported by Axios. It has been …
Venmo targets young consumers and parents with new teen accounts and debit card
Venmo announced today that it’s introducing teen accounts, allowing parents and legal guardians to open a Venmo account for their teenagers so they can send …
This fintech segment saw a flurry of fundraises
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Percent lands $30M investment to connect investors with private credit
In 2018, Nelson Chu founded Percent with the goal of bringing investors, borrowers and underwriters together to modernize private credit. Seeing an opportunity to tackle …
Landlord-focused insurtech Obie lands $25.5M led by Battery Ventures
Obie, a real estate-focused insurance technology company, has raised $25.5 million in a funding round led by Battery Ventures. Since the company’s last raise — …
Jia, a blockchain-based lender of small businesses in emerging markets, raises $4.3 million seed
Jia, a blockchain-based fintech providing loans to micro and small businesses in emerging markets, has raised $4.3 million seed funding, and an additional $1 million …
How our fintech startup became SEC-compliant
Boris Dus Contributor Share on Twitter Boris Dus is co-founder and CEO of Gainy, an investment app. After the recent failures of financial institutions like …
Procurement platform Zip raises $100M at a $1.5 billion valuation
The business of platforms for purchasing goods and services — in other words, procurement — is alive and well. Case in point, Zip, a startup …
Jenfi raises more funding for its “growth capital as a service” platform
Jenfi, a “growth-capital-as-a-service” platform, can provide online businesses with revenue-based financing in a little as a day. The Singapore-based startup announced today it has raised …