Digital banking startup Mercury Has raised $ 300 million at a $ 3.5 billion post-money Valuation, the company confirmed to techcrunch on Wedns. The Valuation is more than double the Startup’s Valuation when it last raised capital – A $ 120 Million Series B Round in 2021 that valued the company at $ 1.62 billion … Read more
After Hitting Record Lows at the Start of the Pandemic, Mortgage Rates Began to Climb in 2022 and haven’t come down significantly since. With 30-yar MortGage Rates Hovering at Over 6.5% Today (They was as low as 2.49% in 2020!), Buying a home is simply not that attainable for many people. One deenver-based startup is … Read more
On the heels of its IPO FilingSwedish Fintech Giant Klarna Announced on Monday that It will exclusively provide Buy Now, Pay Later Loans for Walmart.The Partnership With Walmart is one that Rival Affirm Had Previously owned, Klarna will provide the loans to walmart customers through onepay, a fintech startup in which it owns a majority … Read more
After employer.com Acquired Bankrupt Accounting Startup Bench in a fire-sale lat last year, Ceo jesse tinsley Pledged On LinkedIn and Elsewhere to Honor Past Customer Payments. “We’re honoring all prepaid bench services even we will not have the revealed from that directly Oselves,” Tinsley Said in an interview With Founder and Investor Julian Weisser. But … Read more
Swedish Fintech Klarna Took The Next Step in its highly anticipated us iPo on Friday when it is it made its f 1 Prospectus public. We are sifting through the document now. Klarna hopes to raise at least $ 1 billion dollars at a $ 15 billion Valuation with this iPo, Bloomberg Reported Last Week. … Read more
Bolt’s controversial co-founder ryan breslow, who Returned as CEO Earlier This monthspoke on Monday about the $ 30 million personal loan he took out of his company that sparked legal battles and contributed to his (temporary). Breslow also announced that bolt will launch an “Everything App” That will integrate one-click checkouts for everything from crypto … Read more
The banking-ra-a-service space took a hit last year when Synapse collapsedBut that hasn’t stopped baas Startup Synterra from Raising Another $ 15 Million in Funding, It Tells Techcrunch exclusively. Synterra Works to Provide Companies “Of All Shapes and Sizes With Everything they Need to Launch and Operate Fintech and Embedded Banking Products,” Including: Accounts, Cards, … Read more
Wort, a company focused on helping fintechs, banks, and enterprises underwrite small and medium-sized businesses more easy, have Raised $ 20 Million in a Seed Funding Round, the Startup Tells TellS TellS Exclusively. It’s a large seed round, especially these days when capital is harder to come by. But the founders’ History may have some … Read more
Ryan Breslow is Once Again the CEO of BoltThe Fintech Company Told Techcrunch on Wednsday. Bolt shared a communication that recently went out to investors in which breslow wrote that “Following a challenging few years,” He had been reinstated as bolt’s ceo with ”unanimous approor One-Click Checkout Company. Justin Groms, who have served as interim … Read more
Expense Management Startup Ramp Has Nearly Doubled Its Valuation to $ 13 Billion after A $ 150 Million Secondary Share Sale, The Company announced Monday morning. New and existing Backers Including VC Stripes, GIC, Avenir Growth, Thrive Capital, Khosla Ventures, General Catalyst, Lux Capital, 137 Vintrs, And Definition Capital Boudaries from Empolyes and Early Investors. … Read more