Fintech

Remote hiring company Deel has raised $50 million at a $12 billion valuation, according to an Axios report. Axios' Dan Primack broke the news this morning, citing anonymous sources. He wrote that “new investors include Laurene Powell Jobs’ Emerson Collective, while existing company back

Habi, a Bogota-based proptech, has closed on $200 million in a Series C funding round co-led by Homebrew and SoftBank Latin America Fund. The startup did not reveal its exact valuation, saying only it had reached unicorn status — meaning that it is now valued at more than $1 billion.

Investing app Robinhood is on a roll with announcing new features as it looks to appeal to more customers amid dwindling transaction revenue. Less than a week after unveiling plans to allow users to lend out their stock, the company announced that it has introduced a “revamped” brokerag

Construction tech is one of those sectors that has not historically been considered “sexy” in a startup world that often favors glitzier technology. But construction fuels the commercial and real estate industries, which in turn impacts all of us in one way or another. Historically, the industr

An S-4 filing from Aurora Acquisition Corp., the SPAC that digital mortgage provider Better.com intended to merge with, provides stark details about the latter company's financial performance. The filing — dated April 24, 2022 — reveals that Better.com swung to a loss of more than $

Egyptian fintech Paymob, which enables merchants to accept digital payments online and in-store, announced today it has raised $50 million in Series B funding. PayPal Ventures, the global corporate venture arm of PayPal, New-York-based venture capital Kora Capital, and London-based Clay Point led t

RaliCap, an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund. Last month, the firm, formerly known as Rally Cap Ventures, reached its first close of $20 million (its initial target) before increasing the fund size, signaling a strong LP appetite

Walnut was founded by Roshan Patel and Yash Joshi to bring the buy now, pay later model to healthcare, arguably the home of some of the least transparent and taxing financial transactions. After being in the inaugural cohort of Plaid's startup accelerator, the fintech meets health tech play lau

Binance, the world’s largest crypto exchange by volume, has gained regulatory approval to provide digital asset services in France, the first European country where it has acquired such permission, the company said in a blog post on Thursday. The greenlight was granted by the country’s

Stripe, the payments behemoth valued at $95 billion a year ago and now reportedly inching closer to an IPO, today announced a new product that fills in some significant gaps in its play to be the financial services layer for merchants and other businesses whose models are based on enabling transact

Trading platform Robinhood is launching a feature that will allow its users to lend out their stocks in hopes of earning passive, recurring income from borrowers, the company announced today. Robinhood says the feature is currently being rolled out and will be available to all customers by the end

The food delivery business, and tech companies leading the charge, were hot commodities at the peak of the COVID-19 pandemic as people stayed indoors and turned to apps to fill their bellies with pre-made meals. Now with that trend cooling off, those companies are feeling the chill. In the latest d

Masa Finance, a hybrid credit protocol and decentralized credit bureau founded by Pngme CEO Brendan Playford in late 2020, has raised $3.5 million in pre-seed funding. According to a statement, the company seeks to “disrupt traditional centralized credit infrastructure by providing individual

Access to capital is one of the biggest hurdles for small businesses. Fundid founder and CEO Stefanie Sample recalls maxing out her personal credit card to purchase an expo booth for her first business, and when she saw similar things happening to friends, she knew she couldn't just sit on the