How fintech startups are navigating the extension-round rush
We asked eight fintech investors: How popular are extension rounds proving? Are you seeing more companies opt to raise extensions rather than new rounds compared to, say, 2021 and 2020?
Balance raises $56M to tip the one-click checkout scales in favor of B2B merchants
The company is working now with hundreds of merchants and dozens of B2B marketplaces, a 10-time increase since last year.
Tiger Global, Avid Ventures lead $35M round for London payroll automation startup Pento
One of the biggest pain points for any business, but especially SMEs, is managing payroll. A startup that has built payroll automation software to make the process less painful, Pento, has raised $3
Balance raises $25M in a Ribbit Capital-led Series A to grow its ‘consumer-like B2B checkout platform’
Balance, a payments platform aimed at B2B merchants and marketplaces, has raised $25 million in a Series A funding round led by Ribbit Capital. Avid Ventures participated in the financing, in addition
After selling Bread last year for over $500M, this founder just raised millions for his new fintech startup
When Daniel Simon sold Bread, a consumer purchase finance and payments startup he’d co-founded, to Alliance Data Systems for over $500 million late last year, he quickly set his sights on building a
MAJORITY raises $19 million for its mobile banking service for migrants
More than a million people migrate to the U.S. each year. Upon their arrival, they face challenges in opening a local bank account and accessing financial services at regular rates. These challenges f
Payroll automation startup raises $15.6M Series A led by General Catalyst
Payroll automation is not exactly the sexiest of startup areas but it’s a pretty decent business. The larger startup in the space is Payfit, which has raised upward of $208.4 million to do something