Ribbit Capital
ZestMoney founders resign as Goldman Sachs-backed fintech struggles to raise funds
Founders of ZestMoney have resigned from the startup, the latest twist in the fate of the Indian fintech whose ability to underwrite small ticket loans to first-time internet customers once drew the b
Tiger Global and Ribbit invest another $100 million in PhonePe
PhonePe has raised another $100 million as part of an ongoing round, a deliberation that has now helped it pull $450 million in recent weeks despite the market downturn, as the Indian fintech giant bu
Eric Schmidt backs former Google exec’s digital family office platform in $90 million funding
Caesar Sengupta has worked on, and overseen, several category-defining projects in the past decade and a half. As a product lead at Google, he was in charge of ChromeOS, the company’s desktop operat
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.
Ex-Meta crypto chief David Marcus launches Bitcoin payments startup backed by a16z and Paradigm
After his departure from Facebook in November, many crypto industry insiders speculated where long-time executive David Marcus would land. Today, the former Messenger boss and Paypal executive offered
Topsort, an auction-based advertising startup, now valued at $110M after seed round
When Regina Ye was in college, she was a Shopify seller and recalls being so fed up with advertising solutions that she spent finals week staying up late to figure out how ads worked on Facebook and A
Atlantic Money wants to challenge Wise with even cheaper international money transfers
Meet Atlantic Money, a foreign exchange startup that plans to be cheaper than other foreign exchange services. If that pitch sounds familiar, that’s because Wise, the company formerly known as Trans
Forma raises new funding to make employee benefits more flexible
Companies across the board are fighting to recruit and retain employees as the war for talent rages on. Employee benefits are no longer viewed as a cookie-cutter, standard set of offerings — rat
Shark Tank India host Ashneer Grover resigns from BharatPe board amid turmoil at Indian fintech
Ashneer Grover, a founder and the public face of BharatPe, has resigned from the board and left the managing director position he held at the Tiger Global-backed Indian fintech startup following the o
Daffy aims to make using donor-advised funds as easy as a few phone taps
Renowned Silicon Valley operator Adam Nash thinks you want to donate more than you do, and he’s about to make it dead simple for you to give more. Such is the message we received when talking la
Vivid Money, a financial super app, raises $114M at an $886M valuation to expand in Europe
Vivid Money, a challenger bank out of Berlin with 500,000 customers, has made a name for itself with a financial one-stop shop “super app” that, in addition to basic checking and money man
Can you build centralized islands in a decentralized ocean?
Hello and welcome back to Equity, a podcast about the business of startups where we unpack the numbers and nuance behind the headlines. We’re getting back up to full speed this week, so Mary An
Fintech-focused Ribbit Capital raises $1.15B in seventh fund, according to SEC filing
Ribbit Capital, a venture firm best known for its fintech investments, has raised $1.15 billion in new capital in what appears to be a close of its seventh fund, according to a filing with the U.S. Se
Settle bags $60M to simplify bill payments for e-commerce
Settle extends payment terms for a customers’ vendors, paying them with Settle's money so the company can pay them back 30 to 120 days later.
Brazilian insurtech Justos raises $35.8M in Ribbit Capital-led Series A
Justos, a startup that says it will be the first insurance company in Brazil to use data when determining rates, has raised a $35.8 million Series A round of funding led by Ribbit Capital. SoftBank’
Startup insurance provider Vouch raises $90M, now valued at $550M
Vouch, a provider of business insurance to startups and high-growth companies, announced today it has raised $90 million in new funding. The $90 million figure was raised across two rounds: a $60 mill
Offchain Labs raises $120 million to fix Ethereum’s shortcomings with its Arbitrum product
As the broader crypto world enjoys a late summer surge in enthusiasm, more and more blockchain developers who have taken the plunge are bumping into the blaring scaling issues faced by decentralized a
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
Why global investors are flocking to back Latin American startups
The Latin America startup ecosystem is having a great year, with mega-rounds being announced at breakneck speed and new unicorns minted almost monthly. This is mostly due to the clearly maturing start
Crypto community slams ‘disastrous’ new amendment to Biden’s big infrastructure bill
Biden’s major bipartisan infrastructure plan struck a rare chord of cooperation between Republicans and Democrats, but changes it proposes to cryptocurrency regulation are tripping up the bill. The