Mary Ann Azevedo
Another proptech startup has run into trouble.
Frontdesk, a startup that managed more than 1,000 furnished apartments across the United States, laid off its entire 200-person workforce Tuesday after attempts to raise more capital failed, TechCrunch exclusively learned from sources familiar with internal happenings at the company. The mass layoff...
As 2023 comes to a close, we’re here to look back at the biggest fintech stories of the year. Silicon Valley Bank’s implosion felt like a fintech story in that a number of startups (Brex, Arc and Mercury, for example) in the space leapt to fill the hole left...
Credit Karma co-founder and Chief Revenue Officer Nichole Mustard is leaving the company after 16-and-a-half years, TechCrunch has exclusively learned today.
A spokesperson of the consumer fintech, now a subsidiary of Intuit, confirmed Mustard’s departure via email, writing only: “I can confirm she decided to leave the company, her contributions...
The traditional role of the real estate agent has long been challenged as the internet has made it easier for people to search for, and tour, homes.
Historically, agents have received 6% commission on home sales — a practice that is increasingly being called into question. The argument against it...
Navan, an expense management startup once known as TripActions, has laid off 5% of its staff, or 145 people, a spokesperson confirmed to TechCrunch today.
The Information first broke the news.
“Navan has recorded strong growth over the past three years despite the challenges affecting our industry,” the spokesperson wrote via...
Alternative investment platform Yieldstreet announced today that it has agreed to acquire Cadre, an online real-estate-focused investment platform aimed at institutional and high net worth investors.
Financial terms of the deal were not disclosed.
Founded in 2015, Yieldstreet gives people a way to invest in areas like real estate, marine/shipping, legal...
Popular stock trading app Webull has acquired Mexican investment platform Flink, giving it an entry into the Mexico market.
Financial terms of the deal were not disclosed.
Although Webull has China roots, it is based in the United States and rivals Robinhood in the country as a low-commission online trading platform...
Singapore-based fast fashion platform Shein has confidentially planned to go public in the United States, according to multiple media reports.
The Wall Street Journal broke the news earlier on Monday.
Shein raised $2 billion at a $66 billion valuation earlier this year, but is expected to go public at a valuation...
Social media giant Reddit is once again reportedly testing the IPO waters.
Bloomberg reported on Monday that Reddit “is holding talks with potential investors for an initial public offering.”
The San Francisco-based company, co-founded by Steve Huffman, Aaron Swartz and Alexis Ohanian in 2005, is considering going public as early as...
Veev, a real estate developer turned tech-enabled homebuilder, is on the verge of shutting down after reaching unicorn status last year, according to multiple reports.
Calcalist reported on Sunday that the company – which raised $600 million in total, $400 million of which was secured in March of 2022 –...
