Mary Ann Azevedo

Silverbear, an investor named in Bolt's financial docs for a $450M raise, says it was “never in this deal”, as some investors consider legal action against Bolt

Silverbear, an investor named in Bolt's financial docs for a $450M raise, says it was “never in this deal”, as some investors consider legal action against Bolt

Brazil-based Matera, which provides instant payment and QR code payment software to financial institutions, raised $100M from Warburg Pincus to expand in the US

Mary Ann Azevedo / TechCrunch :

PartnerOne acquires HeadSpin, whose founder is serving a jail sentence for fraud; email: employees' stock options were canceled as the options were “underwater”

Mary Ann Azevedo / TechCrunch : X: @bayareawriter and @koolhead17 X: Mary Ann Azevedo / @bayareawriter : PartnerOne's CFO told @TechCrunch that HeadSpin was a victim of its former...

An interview with Plaid's first president, Jennifer Taylor, on expanding beyond its traditional fintech customers as its enterprise customer base crosses 1,000

An interview with Plaid's first president, Jennifer Taylor, on expanding beyond its traditional fintech customers as its enterprise customer base crosses 1,000

As Plaid has expanded its fintech services, so, too, has it grown its customer base.  —  Plaid got its start as a company … X: @techcrunch and @bayareawriter . LinkedIn: Kevin Youn...

An interview with Brex co-founders Henrique Dubugras and Pedro Franceschi, who is now its sole CEO, on restructuring, being cash-flow positive by 2025, and more

Mary Ann Azevedo / TechCrunch :

Instant payment company TabaPay pulls out of its $9.7M deal to buy the assets of banking-as-a-service startup Synapse amid infighting among fintech players

Mary Ann Azevedo / TechCrunch :

Pomelo, a “send now, pay later” startup that lets users in the US send money in the form of credit to people in the Philippines, raised a $35M Series A

Some investors say YC's winter 2024 batch was stronger than in previous years, noting consumer AI as a key trend; YC says ~50% of this batch is working with AI

Rasa, which provides a framework and a low-code UI to help enterprises build AI chatbots, raised a $30M Series C co-led by StepStone Group and PayPal Ventures

SEC filing: NYC-based digital lender Better.com plans to go public via a SPAC merger, raising $750M, after announcing plans in May 2021 for a $7.7B SPAC merger

Shareholders at SPAC partner Aurora Acquisitions voted in favor of the merger proposal  —  New York-based digital lender Better.com …

Visa plans to acquire São Paulo-based payments infrastructure startup Pismo for $1B in cash by the end of 2023; Pismo had raised $118M through October 2021

Source: API marketplace Rapid laid off 82% of its staff in under two weeks, reducing its headcount from 230 to 42; the startup had a $1B valuation in March 2022

Mary Ann Azevedo / TechCrunch : LinkedIn: Jorge García Rodríguez . Tweets: @bayareawriter LinkedIn: Jorge García Rodríguez : I guess this is the end!  It was a pleasure, folks! Tw...

Source: Rapid, which runs an API marketplace, laid off 82% of staff in under two weeks, reducing headcount from 230 to 42; the startup was valued at $1B in 2022

Rapid (previously known as RapidAPI), a startup that built out an API marketplace valued at $1 billion last year …

NYC-based Clear Street, which is building “modern infrastructure” for capital markets, raised $270M in a second Series B tranche led by Prysm at a $2B valuation

How startup founders are reacting to Silicon Valley Bank's collapse, as some worry about frozen funds, operating expenses, and paying employees full salaries

'The Silicon Valley Bank (SVB), a leading lender to startups and venture capitalists … Bloomberg : Khosla Ventures Tells Some Startups Firm Will Cover Payroll South China Morning P...

SVB draws support from 300+ VC firms, including General Catalyst, while 1,200+ founders and CEOs sign a Y Combinator petition asking the US Congress to act

More than 100 venture capital and investing firms have signed a statement supporting Silicon Valley Bank, part of mounting industry calls …

How startup founders are reacting to Silicon Valley Bank's collapse, as some worry about frozen funds, operating expenses, and paying employees full salaries

Engineers at Polymath Robotics were working late Wednesday night on multiple projects when co-founder and CEO Stefan Seltz-Axmacher noticed chatter …

CB Insights: global fintech funding amounted to $75.2B in 2022, down 46% YoY, but up 52% compared to 2020; US fintech funding was down 50% YoY to $32.8B in 2022