PeopleFund, a South Korean marketplace that connects borrowers and investors to enable lending, has recently added $20 million to its $63.4 million Series C. Existing …
So much fintech M&A
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BlackRock acquires minority stake in SMB 401(k) provider Human Interest
Investment giant BlackRock announced Friday it is taking a minority stake in venture-backed fintech startup Human Interest. Terms of the deal were not disclosed. Human …
Backed by Tiger Global, Mayfair emerges from stealth to offer businesses a higher yield on their cash
One startup is banking on the fact that businesses are eager to earn as much interest as possible on their cash. Mayfair is a new …
Stripe’s internal valuation gets cut to $63 billion
Stripe, a richly valued payments startup, has cut its internal valuation yet again, according to sources familiar with the manner. It is now valued, internally, …
Deel enters equity management space with acquisition of Capbase
Remote payroll startup Deel has acquired fintech Capbase for an undisclosed amount in a cash and stock deal, the companies told TechCrunch exclusively. As its …
Fidelity makes first acquisition in 7 years, snapping up fintech Shoobx
Investment giant Fidelity announced today that it has acquired Shoobx, a venture-backed fintech startup, for an undisclosed amount. Jason Furtado and Stephan Richter founded Boston-based …
TechCrunch+ roundup: New success metrics, M&A timeline, 5 cloud trends for 2023
You don’t need to be an economist to appreciate the myriad forces placing downward pressure on startups today. Setting aside the legions of investors keeping …
Qonto plans to move Penta customers to its platform by the end of 2023
Last year, French startup Qonto acquired its German competitor Penta. Both companies offer business bank accounts for small and medium companies as well as freelancers. …
Does everyone want to be a landlord, or what?
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