If you’ve visited a crypto company’s website recently, you’ve probably visited a URL ending in “.xyz” instead of its cheugier counterpart, .com. From fintech Block, formerly known as Square, to venture firm Paradigm, to blockchain startups like Mirror, .xyz has become the go-to URL ending for many web3 companies. But what does it mean, and […]
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 its Visa Consulting and Analytics (VCA) arm. The news comes just a few months after Cuy Sheffield, Visa’s head of crypto, declared […]
Stacked raises $35M to bring passive investing tools to retail crypto traders
Stacked, a web-based platform that provides passive investment tools for retail investors interested in crypto, just announced it raised a $35 million Series A co-led by Alameda Research, a crypto trading firm owned by FTX founder Sam Bankman-Fried. Bybit and BitDAO partner Mirana Ventures co-led the round alongside Alameda. Fidelity International Strategic Ventures, DRW Venture […]
American Express taps Opy for its first US third-party BNPL offering
Credit card companies are seeking to push further into the “buy now, pay later” (BNPL) market. American Express (Amex) announced today that it plans to partner with Opy, the U.S. subsidiary of Australian fintech Openpay, to allow all of its U.S. cardmembers to pay in installments for qualifying purchases in the healthcare and automotive segments. […]
Better.com gets $750M cash infusion in new agreement with its SPAC backers
Digital mortgage lender Better.com, which announced in May that it was going public via a SPAC, is getting a cash infusion from its backers sooner than expected. Blank-check company Aurora Acquisition Corp. and SoftBank have decided to amend the terms of their financing agreement to provide Better with half of the $1.5 billion they committed […]
ThreeFlow raises $45 million to scale its employee benefits placement software
ThreeFlow, which provides software for insurance brokers selling employee benefits, announced today that it raised $45 million in Series B funding. New investor Accel led the round alongside existing investors Emergence Capital, Equal Ventures, and First Trust Capital Partners. The Chicago-based company, formerly known as WatchTower, raised $8 million for its Series A round in […]
Irish virtual sports giant’s new startup bets big on rugby in bid for US market share
A fantasy sports exchange founded by Irish betting veteran Paddy Power is bringing NFT-enabled live trading to rugby fans in a bid to expand globally. American Sports Exchange (ASX Sports), just signed a deal with New Zealand digital media company RugbyPass to use its data to allow fans to participate in ASX’s virtual stock market […]
Render secures $20M Series A to scale its DevOps cloud platform
DevOps cloud platform Render, which won our Disrupt SF 2019 Startup Battlefield, announced today that it closed a $20 million Series A funding round led by Addition alongside existing investors General Catalyst and South Park Commons. Addition first made a small investment in Render in February 2020 when the company was not looking to raise […]
Monograph raises $20M Series B to help designers and architects manage their operations
Monograph, a startup providing a cloud-based platform for architecture and design professionals to manage their projects, announced today that it has raised $20 million in its Series B funding round. New investor Tiger Global led the round, with participation from Tishman Speyer and existing investors Index Ventures and Homebrew Ventures. The round brings Monograph’s total […]