Tag: finance
The VC and founder winners of DoorDash’s IPO
After years of rumors and high-flying headlines, we finally have the S-1 for DoorDash. Alex has covered the primary details, but I figured it would be good to dive in so we can see who is raking in the returns on the country’s delivery startup champion. DoorDash’s filing indicates that…
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This fintech-focused VC firm just closed a $75 million debut fund; backers “came out of the woodwork”
It’s no secret that a massive digital transformation is happening within financial services companies and amid the growing number of non-financial outfits that are also adding financial products to their offerings. Still, Sheel Mohnot, who was formerly a general partner at the fintech fund of 500 Startups, and Jake Gibson,…
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Personal finance startup Truebill raises $17M
Truebill, a startup offering a variety of tools to help users take control of their finances, announced today that it has raised $17 million in Series C funding. When I first wrote about the startup in 2016, it was focused on helping users track and cancel unwanted subscriptions. Since then,…
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Nigeria’s Kuda raises $10M to be the mobile-first challenger bank for Africa
The African continent is currently one of the fastest-growing regions when it comes to mobile growth, and financial technology companies that are building services to meet that rapidly-expanding market are getting a lot of attention. In the latest development, Kuda, a startup out of Nigeria that operates a popular mobile-first…
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The race to be China’s top fintech platform: Ant vs Tencent
As Ant Group seizes the world’s attention with its record initial public offering, which was abruptly called off by Beijing, investors and analysts are revisiting Tencent’s fintech interests, recognized as Ant’s archrival in China. It’s somewhat complicated to do this, not least because they are sprawled across a number of…
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Daily Crunch: DOJ files suit to stop Plaid acquisition
The DOJ challenges Visa’s acquisition of a fintech startup, Apple releases the latest version of iOS and goPuff acquires an iconic alcohol retailer. This is your Daily Crunch for November 5, 2020. The big story: DOJ files suit to stop Plaid acquisition The Department of Justice is challenging Visa’s $5.3…
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