finix
The fintech space continues to be competitive and drama-filled
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Finix becomes a payments processor, heating up its competition with Stripe
Payments infrastructure startup Finix has slowly been taking swipes at Stripe, first becoming a facilitator, and now becoming a processor. Finix said today it now is directly connected to all major U
Finix raises $30 million as fintech’s spotlight picks its sides
Finix announced today that it has raised $30 million in new venture capital, bringing its total known raised to $133 million. The round comes nearly two years after the do-it-yourself payments company
Finix goes head-to-head with Stripe
Welcome to The Interchange, a take on this week’s fintech news and trends. To get this in your inbox, subscribe here. We’ve all been keeping up with the recent drama of Stripe vs. Plaid. Rather th
A ping-pong match between bulls and bears
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Happily we were once again at full strength this week, with Al
Synctera raises $33M Series A to pair fintechs with banks
Synctera, which aims to serve as a matchmaker for community banks and fintechs, has raised $33 million in a Series A round of funding led by Fin VC. The raise comes just under six months after the fin
Why are we still dating LinkedIn in 2021?
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Danny and Alex and Grace were all here to chat th
Fintech startup Finix closes on $3M in Black and Latinx investor-led SPV
Many founders talk about their desire for a more diverse investor base. Richie Serna took that desire and made it a reality. Serna, who founded payments infrastructure startup Finix in 2016, had raise
With software markets getting bigger, will more VCs bet on competing startups?
As startups get more broad and stay private longer, the space into which VCs can invest may narrow.
In a post-NDA world, does transparency help founders identify conflicts of interest?
Once upon a time, fintech founders could pitch 10 investors before closing a round in a relatively hushed way. Entrepreneurs could even ask VCs to sign nondisclosure agreements (NDAs) to keep their in
Payments services company Finix adds $30 million to its Series B
Finix, a startup that provides payments-related services to other companies, announced it has extended its Series B financing with a $30 million investment led by Lightspeed Venture Partners and Ameri
Corp card startup Ramp launches expense management software
TechCrunch caught wind of corporate card startup Ramp back in August of 2019, when the company raised an early round of $7 million. Corp card rival Brex had put together a $100 million round just a fe
Extra Crunch Live: Join Alexa von Tobel for a live Q&A now
Entrepreneurs-turned-investors are in a truly unique position in the tech world, with experience on both sides of the table and unique insights into how businesses should operate and grow. Alexa von T
Extra Crunch Live: Join Precursor’s Charles Hudson for a Q&A this Thursday
The new Extra Crunch Live series is taking flight this week. Today we’re talking to Cowboy Ventures’ Aileen Lee and Ted Wang. This Thursday we’re keeping the parade of well-known inv
Fintech’s uneven new reality has helped some startups, harmed others
Fintech startups were hot news before the COVID-19 era, but the pandemic hasn’t bumped the sector out of the headlines. Companies that were pitching optimistic news a few weeks ago are now cutti
This low-flying growth equity firm, with payments and logistics bets, just closed a $257 million fund
Activant Capital, a seven-year-old, Greenwich, Conn.-based growth equity firm that’s still making a name for itself, has managed to secure $257 million in fresh capital commitments, despite that
Across furtive videocons, junior VCs wait for the layoffs to begin
Amid post-YC Demo Day discussions and online “coffee” catchups, there is a lingering sense of dread among VCs — particularly junior VCs — about their own job security. Over the past few days,
Unpacking Sequoia’s $21M conflict of interest
Yesterday, TechCrunch broke the news that Sequoia, one of the best-known venture capital firms in the market today, had “parted ways with [Finix] over a purported conflict of interest and, almos
Sequoia is giving away $21 million to a payments startup it recently funded as it walks away from deal
In the world of venture capital, where trust between investors and founders is paramount to the success of both, investing in a company that competes with another startup in a firm’s portfolio i