Mary Ann Azevedo
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Welcome back to The Interchange, the weekly TechCrunch series that looks at the latest — and what’s ahead — in the global fintech industry. It’s an incredible time to be a financial technology journalist. Besides the fact that over 20% of all venture dollars last year went into...
Belong secures $80M to take the pain out of rental property management – TechCrunch
Mary Ann Azevedo - 0
Historically, the relationship between landlords and tenants can be a contentious one.
At the same time, the experiences of managing a property, and renting one, are not always smooth.
Belong, a startup that aims to address both these issues while giving renters a way to save toward home ownership, has...
Forerunner, Bezos back Arrived, a startup that lets you buy into single-family rentals for ‘as little as $100’ – TechCrunch
Mary Ann Azevedo - 0
Arrived has raised $25 million in a Series A funding round led by Forerunner Ventures to give people the ability to buy shares in single-family rentals with “as little as $100.”
Returning backers include Bezos Expeditions, the personal investment company of Jeff Bezos; Good Friends, a venture fund run...
Banking-as-a-service startup Unit closes on $100M at a $1.2B valuation – TechCrunch
Mary Ann Azevedo - 0
Unit, a banking-as-a-service startup, has closed on a $100 million Series C round of funding led by Insight Partners.
Existing backers Accel, Better Tomorrow Ventures, Aleph, and Flourish Ventures also participated in the financing, which values the company at $1.2 billion. The raise follows a $51 million Series B...
Welcome back to The Interchange, the weekly TechCrunch series that looks at the latest — and what’s ahead — in the global fintech industry. It’s an incredible time to be a financial technology journalist. Besides the fact that over 20% of all venture dollars last year went into...
Fueled by the remote work revolution, Deel more than doubles valuation to $12B with new raise – TechCrunch
Mary Ann Azevedo - 0
Remote hiring company Deel has raised $50 million at a $12 billion valuation, according to an Axios report.
Axios’ Dan Primack broke the news this morning, citing anonymous sources. He wrote that “new investors include Laurene Powell Jobs’ Emerson Collective, while existing company backers include Andreessen Horowitz, Spark Capital...
Faire lands $416M extension from YC, Sequoia and others for online wholesale marketplace – TechCrunch
Mary Ann Azevedo - 0
Faire, which has built a marketplace connecting retailers to indie brands globally, has raised a $416 million extension to its Series G financing, more than doubling the size of the round, the company confirmed to TechCrunch today.
With the additional capital, Faire is now valued at $12.59 billion post-money,...
Hi all, it was a roller coaster of a week in the world of fintech as I published two separate articles on startup layoffs and a nine-figure funding round in the span of a few hours. It was also a week filled with lots of activity on FinTwit,...
PayPal is shuttering its San Francisco office as it evaluates its global office footprint.
Multiple sources say the payments giant is closing its San Francisco office on 425 Market St. which housed its Xoom business unit. PayPal acquired Xoom, which is focused on online money transfer technology and services,...
Ex-Chime engineers raise $4M for B2B payments infrastructure startup Streamlined – TechCrunch
Mary Ann Azevedo - 0
While working as the head of treasury at Braintree, Boris de Souza once discovered a $90 million payment that went “missing” for over two weeks because of poor payments infrastructure.
“It was my first week on the job, and I received an email from a client saying ‘I think...