Payments made a huge shift to digital platforms during the Covid-19 pandemic — purchasing moved online for many consumers and businesses; and a large proportion of those continuing to buy and sell in-person went cash-free. Today a startup that has been focusing on one specific aspect of payments — recurring billing — is announcing a […]
Is India’s BNPL 2.0 set to disrupt B2B?
A specific vertical of BNPL products is gaining traction: one targeted toward small and medium enterprises (SMEs), also known as “SME BNPL.”
Extra Crunch roundup: China’s new data privacy law, fractional farming, debt vs. equity
China’s first data privacy laws go into effect on November 1, 2021. Will your company be in compliance? Modeled after the EU’s GDPR, the new regulations “[introduce] perhaps the most stringent set of requirements and protections for data privacy in the world,” writes Scott W. Pink, special counsel in O’Melveny’s Data Security & Privacy practice. […]
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 million Series C co-led by SVB Capital (a subsidiary of Silicon Valley Bank) and Ribbit Capital that values the company at $550 million, […]
Better.com acquires UK-based Property Partner ahead of SPAC close
The deal could give Better a way to augment its lending business with the potential to enable fractional ownership of properties in the U.S. and other markets.
Anatomy of a SPAC: Inside Better.com’s ambitious plans
“We aren’t so easily categorized,” said Better CEO Vishal Garg.
Fintech is transforming the world’s oldest asset class: Farmland
While farmland is among the oldest investment classes around, the average investor hasn’t had access to farmland the way that billionaires and institutional investors have. That’s changing.
Debt versus equity: When do non-traditional funding strategies make sense?
How can debt be stable and reliable? Seems like an oxymoron, but the reality is that while equity investors are looking for growth, debt investors just want to get paid back with interest.
Former head of Mint raises $4.5M for Lean to give gig workers access to financial products
Gig and independent workers have different needs than salaried employees when it comes to financial products. It’s a challenge that Tilak Joshi, founder of Lean, became acutely aware of during his tenure as head of Mint and years as a product exec at American Express and PayPal. While the U.S. has seen a major shift […]
New leAD Sports & Health, Tavistock Group fund comes as sport tech market poised for double-digit growth
The new fund comes as the global sports technology market is poised to grow at a compounded annual growth rate of 17.5% to reach $40.2 billion by 2026.