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 […]
Equity Monday: Women’s employment drops, as Delta’s drama continues
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff to catch up on weekend news and prep for the days ahead. We’re here on Tuesday this week since us folks in the United States had off for Labor Day. You […]
HoneyBee raises millions to make financial wellness a workplace benefit
HoneyBee, a startup that aims to help companies provide access to financial support to their employees, announced today it has raised $5.7 million in equity in a round led by FFVC. Resolute Ventures, Afore Capital, Rebalance Capital, K50 and Financial Venture Studio also participated in the financing, along with two-time NBA all-star Baron Davis. HoneyBee […]
Jetty raises $23M to help give renters more payment flexibility
Jetty, a fintech company which aims to give renters flexibility when paying rent, has raised $23 million in a funding round co-led by Citi and Flourish Ventures. The financing brings Jetty’s total raised since its 2016 inception to $78 million. Other investors participating in the latest growth round include Credit Ease and K5. Previous backers […]
Make AML Compliance Your Bank’s Next Competitive Advantage. Here’s How.
Complying with anti-money laundering or AML regulations is a demanding and costly activity for banks and other organizations that are part of the financial industry. […]
The post Make AML Compliance Your Bank’s Next Competitive Advantage. Here’s …
Fintech startup Jeeves raises $57M, goes from YC to $500M valuation in one year
Last summer, Jeeves was participating in Y Combinator’s summer batch as a fledgling fintech. This June, the startup emerged from stealth with $31 million in equity and $100 million in debt financing. Today, the company, which is building an “all-in-one expense management platform” for global startups, is announcing that it has raised a $57 million […]
Our favorite startups from YC’s Summer 21 Demo Day, Part 2
From beaming actors into the class room to plucking things out of space, the second day of Y Combinator’s S21 Demo Day was a fresh snapshot of what nearly 200 startup teams believe is the future of innovation. Yesterday, the TechCrunch team covered the first half of this batch, as well as the startups with one-minute […]
Our favorite startups from YC’s Summer 21 Demo Day, Part 1
Y Combinator kicked off its fourth-ever virtual Demo Day today, revealing the first-half of its nearly 400 company batch. The presentation, YC’s biggest yet, offers a snapshot into where innovation is heading, from not-so-simple seaweed to a Clearco for creators. The TechCrunch team stuck to its tradition of covering every single company live (but, you […]
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 […]