Mary Ann Azevedo
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Three months after announcing it would make a big push into software and enterprise, fintech giant Brex is apparently abandoning the very segment it started out to serve – small and medium-to-sized businesses.
Startup customers report that they got notice they would be booted off the platform on August...
Notarize, a startup that offers remote online notarization services, has let go of 110 people — or 25% of its workforce.
Doing the math, the 7-year-old, Boston-based company had about 440 employees before the staff reduction.
When the COVID-19 pandemic first began, demand for Notarize’s services, dubbed RON for short,...
Canadian fintech giant Wealthsimple, which was valued at $4 billion as of last year, is laying off 159 people — or about 13% of its staff.
The Toronto-based company has been a leader in the realm of democratizing financial products for consumers, including stock trading, crypto asset sales and...
Cube, a startup that wants to help companies “plan their financial future,” has raised $30 million in a Series B funding round led by Battery Ventures.
Existing backers Mayfield Fund, Bonfire Ventures and Operator Collective participated in the financing, along with new strategic investor GTMfund. The round brings the...
Says Redfin CEO: 'I said we wouldn’t lay people off unless we had to. We have to.'
The housing market has taken a huge hit this year as mortgage interest rates have surged and homeowners scale back on purchases.
The latest casualties in the proptech world are Redfin and Compass,...
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Greetings from Austin, Texas, where the temps have been over 100 degrees for days now and we’re trying hard just not to melt.
The global funding boom in 2021 was...
As inflation continues to grow persistently higher, millions of Americans are struggling financially.
With that struggle comes a whole lot of financial stress. Fruitful is a startup that wants to provide access to financial planning to the masses at a cost that won’t eat up whatever savings — if...
Branch, a startup offering bundled home and auto insurance, has raised $147 million in Series C funding at a postmoney valuation of $1.05 billion.
Weatherford Capital, a family-owned private investment firm, led the round, which also included participation from existing and new backers such as Acrew, American Family Ventures,...
Policygenius, an insurtech that raised $125 million in a Series E round less than three months ago, has reportedly laid off 25% of its staff.
The number of employees affected is not confirmed but is believed to be around 170, according to multiple sources.
One employee posted on LinkedIn today...
