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Open banking startup Abound nabs $601M to supercharge its AI-based consumer lending platform
After a slow start in the U.K. and Europe, open banking is catching on with fintechs, which are using APIs to access banking data and rails and using them as an alternative to traditional credit netwo
Venue raises $4M from Accel and the CEOs of Slack, Remote and Squarespace to give teamwide video meetings a new breath of life
Zoom has in many ways “won” the mindshare game when it comes to video conferencing: Whether you’re actually using Zoom or another service that’s wrapped into another platform l
Max Q: Mines and metals
Hello and welcome back to Max Q. There is SO much news this week, so let's dive in. In this issue: Astroforge's asteroid mining ambitions, Boeing's Starliner comes home, and more
Google launches Google Wallet to help you store your credit cards, tickets and more
At its I/O developer conference, Google today launched Google Wallet, a new Android and Wear OS app that will allow users to store things like credit cards, loyalty cards, digital IDs, transit passes,
Citi backs Crowdz, a Pipe competitor that just raised $10M for its blockchain-powered invoice financing marketplace
Pipe competitor Crowdz raises $10M for its blockchain-powered invoice financing marketplace.
Capitolis valued at $1.6B after raising $110M for new tech to update capital markets trading
A lot of the startups you tend to hear about in the world of fintech are building solutions for consumers and businesses. Today, a startup that’s aiming to serve the biggest financial services u
Travel booking app Hopper upgrades its valuation to $5B on secondary sale
Hopper, the mobile travel booking startup and app that lets users book flights, hotels, cars, and — most recently — short-term home rentals a la Airbnb and VRBO, has been on a fast pace of
Pinwheel raises $50M Series B at $500M valuation for its income verification APIs
Six months after its $20 million Series A, payroll connectivity platform Pinwheel just announced that it has nabbed another $50 million in a round led by new investor GGV Capital. Pinwheel serves ne
Visa hopes its new crypto consulting arm will help it become cooler than its competition
The world’s largest card company just doubled down on its bid to capture the crypto market. Visa announced today that it has launched a crypto advisory practice for its clients and partners under it
AtomChat secures new funding to capitalize on Latin American trend of sales through messaging
A majority of people in Latin America skip shopping on the web and instead use a combination of messaging and social apps to find inspiration, ask questions and make purchases.
Jetty raises $23M to help give renters more payment flexibility
Jetty, a fintech company which aims to give renters flexibility when paying rent, has raised $23 million in a funding round co-led by Citi and Flourish Ventures. The financing brings Jetty’s total r
Mortgage is suddenly sexy as SoftBank pumps $500M in Better.com at a $6B valuation
Digital mortgage lender Better.com has raised a $500 million round from Japanese investment conglomerate SoftBank that values the company at $6 billion. The financing is notable for a few reasons. For
Google Pay gets a major redesign with a new emphasis on personal finance
Google is launching a major redesign of its Google Pay app on both Android and iOS today. Like similar phone-based contactless payment services, Google Pay — or Android Pay as it was known then
Water quality and distribution monitoring software Ketos raises $18 million
Water quality and logistics monitoring software Ketos has raised $15 million from a group of investors to take advantage of the growing demand for better water management tools and technologies. The p
Google signs up six more partners for its digital banking platform coming to Google Pay
Google is expanding its plans to offer digital banking services in the U.S. The company announced today it’s partnering with half a dozen more banks to offer digital checking and savings account
VidMob rethinks video production in the pandemic era
VidMob, which started out as a marketplace connecting marketers and video editors, now bills itself as a “creative technology platform.” Now there’s a “creator network” t
GM is working on a hands-off advanced driving system for city streets
GM has a “big team” working on an advanced version of its hands-free driving assistance system, Super Cruise, that will expand its capability beyond highways and apply it to city streets,
Securitization platform Cadence surpasses $125M deal volume and raises $4M
Securitization is a critical function of the modern financial system. Banks “package” individual loans, say a mortgage or an auto loan, into a group with similar characteristics and sell them to o
Tech’s coveted internships are getting canceled due to COVID-19
Victoria Stafford, a third-year student at UC Berkeley, was set to begin working at Yelp in June as a sales intern — the only internship she applied to. And then it was canceled because of the C
Where top VCs are investing in cybersecurity
Security is one of the toughest things to get right; a hacker only needs to win once, but businesses have to get it right every single time. Not every company faces the same field of threats. ThatR