Mary Ann Azevedo
Due diligence was a big topic in 2022 for a variety of reasons.
But due diligence doesn’t just apply to investors pouring money into startups, or companies acquiring other companies. Businesses, especially those operating in financial services, also have to conduct an appropriate amount of due diligence, for example,...
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the...
When payments giant Stripe raised $600 million at a $95 billion valuation in 2021, it made headlines for raising capital at the highest-ever valuation for a privately-held startup.
Defending that valuation appears to be proving challenging. The fintech company has reportedly approached investors about raising more capital — at...
The 'global HR platform' says it's EBITDA positive, confirms $12B valuation
Mary Ann Azevedo
14 hours
Fintech-turned-HR outfit Deel reached $295 million in annual recurring revenue (ARR) by the end of 2022, the company’s co-founder and CEO Alex Bouaziz shared today.
That’s up 417.5% from $57 million in ARR achieved at the...
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the...
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the...
Remote payroll startup Deel has acquired fintech Capbase for an undisclosed amount in a cash and stock deal, the companies have told TechCrunch exclusively.
As its name suggests, San Francisco-based Capbase claims it can update a company’s cap table in real time as it issues shares, signs contracts and...
Investment giant Fidelity announced today that it has acquired Shoobx, a venture-backed fintech startup, for an undisclosed amount.
Jason Furtado and Stephan Richter founded Boston-based Shoobx in 2013, according to Crunchbase. The pair went on to raise a known $10 million in funding for the company with investors such...
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at...
With over $9 billion in assets under management, GGV Capital is one of venture capital’s largest and most prominent players. The 22-year-old firm invests in startups from seed to growth stages across a variety of sectors, including consumer, internet, enterprise/cloud and fintech.
This year was one of the most...
