Flat.mx, which wants to build a real estate “super app” for Latin America, has closed on a $20 million Series A round of funding. Anthemis and 500 Startups co-led the investment, which included participation from ALLVP and Expa. Previously, Flat.mx had raised a total $10 million in equity and $25 million in debt. Other backers […]
Tribe and Arkam back Jar app to help millions in India start their savings journey
Even as hundreds of millions of people in India have a bank account, only a tiny fraction of this population invests in any financial instrument. Fewer than 30 million people invest in mutual funds or stocks, for instance. In recent years, a handful of startups have made it easier for users — especially the millennials […]
UK-based Heroes raises $200M to buy up more Amazon merchants for its roll-up play
Heroes, one of the new wave of startups aiming to build big e-commerce businesses by buying up smaller third-party merchants on Amazon’s Marketplace, has raised another big round of funding to double down on that strategy. The London startup has picked up $200 million, money that it will mainly be using to snap up more […]
Challenger bank Bunq rolls out Spanish IBANs
Amsterdam-based challenger bank Bunq is updating its service with a handful of new features. In addition to Dutch, German and French bank account numbers, existing and new users in Spain can now get a Spanish IBAN. European IBANs are supposed to work across Europe. Your employer or internet provider can’t force you to get a […]
Hum Capital thinks the future of funding is a return to old school Wall Street
Hum Capital CEO Blair Silverberg thinks that the future of fundraising requires a return to old school Wall Street – sans the fraud. Back in the day, he explained, people would go to Wall Street and request funding for different projects, such as a rail line from New Jersey to St. Louis or a new […]
This Sequoia- and Henry Kravis-backed prediction market wants to turn opinions into money
More than 15 years ago, the Philadelphia Stock Exchange, which was acquired by Nasdaq in 2008, and another since-sold exchange called HedgeStreet, both announced they intended to offer something called event contracts to investors. The idea was to allow people to bet “yes” or “no” on questions about future events that were structured as all-or-nothing […]
Lessons from COVID: Flexible funding is a must for alternative lenders
Alternative lending is any lending that occurs outside of a conventional financial institution. These lenders offer different types of loans such as lines of credit, microloans and equipment financing.
Kocomo raises millions to give people a way to co-own a luxury vacation home
Who doesn’t want a vacation home? Right. That’s what I thought. Kocomo is a Mexico City-based startup that wants to help make that dream a reality. And it has just closed on $6 million equity and $50 million debt financing to advance on that goal. The company aims to allow for cross-border co-ownership of luxury […]
A new coalition for “Open Cap Table” presents an opportunity for equity transparency
Yifat Aran Contributor Share on Twitter Dr. Yifat Aran is a visiting scholar at the Technion, Israel Institute of Technology, and an Assistant Professor in Haifa University Faculty of Law. She earned her JSD from Stanford Law School where her dissertation focused on equity-based compensation in Silicon Valley startups. The ownership of startups is often […]
Extra Crunch roundup: Pre-pitch tactics, Warby Parker S-1, Israel’s fintech ecosystem
Forget what you’ve heard: There are *many* shortcuts to success.