French startup Defacto has closed a new securitization fund that will be used to provide short-term loans to small and medium enterprises via an embedded, API-first approach. This is a new fund of up
The software-as-a-service (SaaS) industry is facing budget constraints and reductions in headcount as a result of the pandemic and the broader slowdown in tech. Companies have tightened up their budge
Before fintechs became the standouts of the African tech ecosystem, it was startups in the online logistics and transport space in Africa linking on-demand apps to move people and goods around the con
John Carmack, the game developer who co-founded id Software and served as Oculus’s CTO, is working on a new venture — and has already attracted capital from some big names. Carmack said Fr
Debt, or loans, get a bad rap where they concern startups. But they aren't always a bad financing vehicle, particularly when other forms of capital are constrained.
Capchase concluded that "best-in-class" SaaS startups are still growing and that unit economics are reliable predictors of future success.
The auto industry is banking on electric vehicles to slash planet-cooking emissions, but EVs are still too expensive to knock gas-guzzlers out of the game. For now, at least. Sure, EV sales are up, ma
For startups graduating past the seed stage and thinking about landing that coveted Series A, what’s the best way to navigate a market of mixed messages?
Having a great idea for an app or game is one thing, but scaling it to become a successful business is quite another. A new fintech startup called Sanlo aims to help. The company, which is today annou
Kavak, the Mexican startup that’s disrupted the used car market in Mexico and Argentina, today announced its Series D of $485 million, which now values the company at $4 billion. This round more tha
“A lot of founders mix up raising money with making money.” This quote, which Career Karma founder Ruben Harris mentioned off-hand on a phone call with me, has been on my mind for months. In f
Last week, when the popular payments startup Stripe made some waves with its first move into money lending through the launch of Stripe Capital, we reported that the company was also soon going to be
Financial technology company Affirm, which offers consumers an alternative to cash and credit when paying for large purchases, has scored a notable new partner: Walmart. The companies announced this m
Square today launched a new service that will allow its small business sellers to offer financing to their customers. Square Installments, as the service is called, will be available at launch to sell
Klarna, the Swedish startup that works with e-commerce businesses and retailers to provide financing and other payment services, today announced that it has picked up yet another large investment, its
Payments startup Klarna is ramping up its valuation again as it picks up a new, strategic investor. Last valued at $2.25 billion in 2015, the company today announced that Brightfolk, controlled by fas
Aye Finance, a startup that specializes in micro-loans in India, has landed $10.3 million in new funding of its own led LGT and existing investors SAIF Partners and Accion.
Affirm has made it no secret that its success will hinge on its ability to offer customers a wide range of retail partners where they can frequently use Affirm to pay. While the lending startup orig
It’s a new environment for startups in 2016. Financing will get harder. Valuation inflation will dissipate. Profitability will be in vogue again. And old-fashioned business fundamentals will balance
European mobile payments player, iZettle, is expanding into what amounts to small business loans -- announcing a capital advance product, called iZettle Advance, which will be available to select iZet