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Mary Ann Azevedo

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In the latest fintech megaround, Brex has confirmed that it has raised $300 million in a Series D-2 round that ups its valuation to $12.3 billion. TechCrunch in October was the first to report that Brex was raising the capital and had achieved decacorn status. Greenoaks Capital and TCV...
In recent years, there has been a growing number of startups that are trying to make credit more accessible to consumers.   One such startup, Petal, announced today that it has raised a $140 million Series D round of funding.  The company’s new valuation is $800 million – more than...
Ribbit Capital, a venture firm best known for its fintech investments, has raised $1.15 billion in new capital in what appears to be a close of its seventh fund, according to a filing with the U.S. Securities and Exchange Commission (SEC).  The new fund, dubbed Ribbit Capital VII LP,...
Abstra, which has developed a no-code tool for designers and programmers to build professional apps, has raised $2.3 million in a funding round led by SoftBank Latin America Fund. Bruno Vieira Costa founded Rio de Janeiro-based Abstra in March of 2020. Costa graduated from college in 2018 and already...