Fintech giant Stripe is laying off 300 people, according to a leaked memo reported on Tuesday by Business Insider. The affected employees are “largely in …
Qomodo raises $13.9M to expand BNPL for Italy’s main-street retailers
Payments and financial solutions are two-a-penny at this point, but mostly for online e-commerce. What about physical stores? In 2023 Qomodo, a Milan-based “all-in-one” payment …
Clearwater agrees to buy investment management platform Enfusion for $1.5B
Clearwater Analytics, a company developing accounting, compliance, and risk reporting tools for asset managers, said on Monday it has entered into a definitive agreement to …
Float Financial, which aims to be the Brex of Canada, lands US$48.5M Series B
Float Financial, an expense management and corporate card startup focused on the Canadian market, has raised $48.5 million in a Series B funding round. The …
Bench customers are now being forced to hand over their data or risk losing it, they say
After accounting startup Bench abruptly shut down on December 27 and was bought in a fire-sale by Employer.com, Bench customers are now learning they can’t …
Inside the wild fall and last-minute revival of Bench, the VC-backed accounting startup that imploded over the holidays
Friday, December 27, was supposed to be the start of a relaxing holiday weekend. But it was chaos for thousands of small business owners who …
Robinhood, already a ‘comeback’ stock, has even more aggressive plans for 2025
Robinhood CEO Vlad Tenev has a lot to celebrate this holiday season. After a bumpy few years following Robinhood’s 2021 IPO — a period during …
Bench shuts down, leaving thousands of businesses without access to accounting and tax docs
Bench, a Canada-based accounting startup that offered software-as-a-service for small and medium-sized businesses, has abruptly shut down, according to a notice posted on its website. …
Revenue-based financing startups continue to raise capital in MENA, where the model just works
In an era where it has become tougher to raise venture capital, many companies have turned to non-dilutive, revenue-based financing (RBF) as an alternative. As …
As account-to-account payments startups falter, Volume raises fresh cash
Online merchants usually pay up to 8% of every sale to companies like PayPal, Apple Pay, and Stripe, and pass those costs on to consumers. So-called …