Mary Ann Azevedo
Over the past four months, digital mortgage lender Better.com has conducted a mass layoff not once, but twice. The company also badly botched a mass layoff not once, but twice.
First, on December 1, Better.com laid off about 900 employees via a Zoom video call that ended up going...
Welcome to my weekly fintech-focused column. I’ll be publishing this every Sunday, so in between posts, be sure to listen to the Equity podcast and hear Alex Wilhelm, Natasha Mascarenhas and me riff on all things startups! And if you want to have this hit your inbox directly once it officially...
Historically, only institutions have been able to be part of REITs, which are made up of companies that own or finance income-producing real estate across a range of property sectors.
A startup called Flock Homes wants to give landlords a similar ability to own shares of a portfolio that...
Less than seven months after closing on a $57 million Series B, fast-growing fintech Jeeves has raised $180 million in a Series C round that values the company at $2.1 billion.
Financial technology companies raising multiple rounds in a short period of time has become more the norm than...
Corporate management startup Ramp confirmed that it has secured $550 million in debt and $200 million in equity in a new financing that doubles its valuation to $8.1 billion.
In early February, The Information reported on the then-unconfirmed raise and new valuation.
The approaching decacorn valuation is quite remarkable given...
Welcome to my new weekly fintech focused column. I have been publishing this every Sunday but on March 27, this column turns into a newsletter! So, if you want to have it hit your inbox directly starting then, sign up here.
2021 was a record year for venture capital...
Stilt, which started its life as a provider of financial services for immigrants, has raised $14 million in Series A funding led by Link Ventures as it expands its focus to include a B2B offering.
In addition to the equity raise, the San Francisco-based fintech said it has also...
Since March 2020, student loan borrowers have not had to make any federal student loan payments. Those payments are scheduled to restart as of May 1, 2022 — no doubt causing stress for the borrowers out there.
President Biden may consider extending temporary student loan relief beyond that date,...
Mara, a São Paulo-based startup that aims to “reinvent” the grocery shopping experience for the underserved in Latin America, has raised $6 million in a funding round co-led by Canary and Caffeinated Capital.
This round caught my attention for a few reasons. For one, Mara was founded by Danilo...
Online mortgage lender Better.com is poised to lay off roughly 50% of its staff of about 8,000 this week, according to sources familiar with internal happenings at the company.
TechCrunch first reported on February 18 that the new round of layoffs were coming.
The move comes just over three months...
