Latest from Mary Ann Azevedo
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 Winter 2024 cohort, how much funding slid in the first quarter,…
What a week, everyone. Two full days of Y Combinator demo day activity kept us busy, but the latest accelerator cohort’s launch was far from…
CB Insights released its Q1 2024 State of Venture Report, revealing that fintech funding slid by 16% during the three-month period.
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, challenges in the BaaS space and how a tiny startup caught Stripe’s eye. To…
Databricks’ GPT rival and who’s investing in ‘underdog’ founders
Hello, and welcome to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Friday…
Meet Kidsy, a kids’ clothing startup that sells what parents need at a discount
All parents know that raising kids is expensive. Especially in those early years when they quickly outgrow clothes or toys, leaving parents on a never-ending cycle of buying new stuff…
Robinhood’s new credit card goes after Apple Card with ability to invest cash-back perks
Eight months after acquiring credit card startup X1 for $95 million, Robinhood announced today the launch of its new Gold Card, with a list of features that could even give…
Synctera is the latest banking-as-a-service startup to lay off staff
Banking-as-a-service startup (BaaS) Synctera has conducted a restructuring that has resulted in a staff reduction, the company confirmed to TechCrunch. While Synctera did not share how many employees were impacted,…
Maju Kuruvilla is out as CEO of one-click checkout company Bolt
Maju Kuruvilla is no longer CEO of one-click checkout company Bolt. He is replaced by Justin Grooms, Bolt’s global head of sales, who is now interim CEO, according to Grooms’…
Welcome to TechCrunch Fintech (formerly The Interchange)! This week, we’re looking at some hot fintech startups in Africa, how Mint’s closure has been Copilot’s gain and why VCs have doubled…
A $700M SAFE, IPOs are back and how one venture fund is transcending borders
Hello, and welcome to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Friday…
VCs double down on fintech Coast, which aims to be the Brex for ‘real-world’ industries
The expense management arena is a crowded one, with well-funded players such as Brex, Ramp and Navan all clamoring for market share. Those companies are generally focused on tech startups…
YC-backed digital bank Onyx Private tells customers it’s closing their accounts
Miami-based Onyx Private, a Y Combinator-backed digital bank that provided banking and investment services for high-earning Millennials and Gen Zers, is terminating its bank operations. In a March 13 email…
Welcome to TechCrunch Fintech (formerly The Interchange)! This week, we’re looking at the piping hot global payroll space, neobank Dave’s financial results and related stock boost, and more! To get…
How many startups shut down last year compared to the year before? A lot
Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers…
What’s the Deel with Remofirst, and why are VCs playing musical chairs?
Welcome to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Today on the pod, Mary Ann…
Remofirst raises $25M to take on Deel and Rippling in the global HR tech space
Remofirst says that its annual recurring revenue (ARR) has grown 10x since it raised its $14.1 million seed round in September 2022.
Harness Wealth wants to bring sophisticated tax planning to the masses
Harness Wealth, which started in 2018 primarily offering financial advice to startup founders and employees, has expanded into the tax advisory space and raised a $17 million extension to its…
Miles Grimshaw leaves Benchmark to rejoin Kushner’s Thrive Capital
In an unexpected move, Miles Grimshaw announced today that he is rejoining Thrive Capital after working as a general partner at Benchmark for the past three years. Grimshaw first joined…
Deel acquires Africa’s PaySpace, says it’s crossed $500M in ARR
HR startup Deel said it is acquiring Africa’s PaySpace in a deal that marks its largest acquisition to date.
Ex-Brex exec Sam Blond is already leaving Founders Fund just 18 months after he joined
Sam Blond is leaving Founders Fund, as well as the profession of venture capitalist, just 18 months after he joined the storied Silicon Valley firm. In a tweet on Monday,…
Welcome to TechCrunch Fintech (formerly The Interchange)! Apologies for being out last week — a cold got the best of me, but I’m back and here to talk about the…
Nubank CEO dishes on the neobank’s profit surge and how tourist VCs in LatAm have gone home
Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and…
Welcome to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Join us as we dig through…
Fintech giant Stripe’s valuation spikes to $65B in employee stock-sale deal
Payments infrastructure giant Stripe said today it has inked deals with investors to provide liquidity to current and former employees through a tender offer at a $65 billion valuation. Notably,…
Why VCs are investing in startups that help other startups shut down
In one of the VC world’s greatest ironies, investors have lately been clamoring to back startups that are helping other startups shut down. So whether a VC-backed startup is succeeding…
Techstars CEO defends changes, says physical presence in a city is not necessary for investment
Earlier this week, accelerator group Techstars announced changes to its operations. But what was planned internally to be an exciting new chapter for the organization ended up being somewhat of…
Match Group’s deal with OpenAI is just business with AI glitter on top
The Equity crew is covering deals of the week from PermitFlow, Cake and Match Group, Klarna’s board, and which startups could be 2024’s winners.
Featured Article
Reddit files to go public at last
Social media giant Reddit filed to go public today. Its long-awaited S-1 filing will see it approach the public markets potentially at the head of a long column of richly valued technology startups and private companies that need to find an exit this year. The timing of Reddit’s IPO is not…
Featured Article
This YC alum just raised $31M to build the ‘TurboTax for construction permitting’
Anyone who has ever tried to build or renovate a house knows the pain of obtaining construction permits. Challenges in receiving permits not only add frustration, but also time and expense to any project. It’s no surprise then that the startup world has seen a flurry of startups focused on…