Tag: Andrew D’Souza

Clearco gets the SoftBank stamp of approval in new $215M round

Toronto-based Clearco, a fintech capital provider for online companies, has raised $215 million in a round led by SoftBank Vision Fund II. The financing event closed just weeks after Clearco completed its most recent financing, a $100 million round that quintupled its valuation to $2 billion. While the trend of…

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Clearbanc cuts staff to navigate ‘long-term economic impacts’ of COVID-19

Clearbanc, a Toronto-based company that funds startups through equity-free investments, has laid off 17 employees to help it navigate the long-term economic impact of COVID-19, TechCrunch has learned. The cuts impact about 8% of the staff, with affecting roles ranging from office managers, recruiters, and sales. Co-founder Michele Romanow says…

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