Pipe, a company that has built a trading platform for recurring revenues, has secured $250 million in strategic equity funding, reaching a $2 billion valuation after publicly launching less than a year ago.
May 19, 2021
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Insurtech startup Waffle — which bills itself as an “Amazon for insurance” — is rolling out its insurance marketplace for consumers while also revealing a $5 million round of seed funding. The round is led by Verve Ventures, with participation from BetterLabs Ventures and Techstars. The $5 million in funding will fuel Waffle’s launch of […]
May 19, 2021
Amount, a digital technology company, aims to help traditional banking institutions overcome digital transformation challenges and compete with financial technology startups that have begun poaching the market. The report, by Mary Ann Azevedo of TechCrunch, states a valuation for the Chicago-based company of just over $1 billion. The Series D funding round was led by […]
May 18, 2021
Paymentus, an electronic billing and payments company, has filed with the Securities and Exchange Commission to secure up to $210 million at a valuation of up to $2.4 billion through a U.S. IPO, Reuters reported.
May 18, 2021
Among the growing number of banking-as-a-service companies, Treasury Prime supports both banks and fintech companies in their efforts to build account and payments solutions. “You can assemble the Lego bricks however you want,” explained CEO Chris Dean. “Everything that you would do at a bank on the deposit side, we can do that, and part […]
May 18, 2021
Informed.IQ, which automates verifications for financial companies, has secured $20 million in a Series A round enabling the startup to meet demand from consumer lenders that give auto loans, mortgages, HELOCs and personal loans.
May 18, 2021
Payments technology company Marqeta has filed to go public with the Securities and Exchange Commission. Despite the many headwinds of 2020, Marqeta’s annual revenue more than doubled to $290.3 million and saw a loss of $47.7 million, CNBC reports.
May 17, 2021
Rally, a fractional alternative investing platform in collectibles, has raised a $30 million Series B funding round led by Accel and has nabbed a $50 million debt facility from Upper90 Capital.
May 17, 2021
Yesterday, PayPal announced its acquisition of Happy Returns for an undisclosed amount. Happy Returns, according to Crunchbase, has raised a total of $25 million. Notably, PayPal Ventures participated in Happy Returns’ most recent $11 million venture round. The 120-person, Santa Monica-based company operates a network of over 2,600 drop-off locations which allows customers to take […]
May 14, 2021
The world is slowly getting back to normal as mask orders are being dropped, vaccines are more available than ever and friends and family can be visited without the specter of illness lingering in the background. However, transitions, even into better times, are tough. And bringing employees back into the office safely while satisfying increasing […]
May 14, 2021