Tag: finance
With investors like Lightspeed and The Chainsmokers, Mexican neobroker Flink raises $57M to boost financial inclusion in LatAm
Flink, a Mexico City-based neobroker, has raised $57 million in a Series B round of funding led by Lightspeed Venture Partners. The financing comes just over six months after Flink raised $12 million in a Series A round led by Accel. Existing backers Accel, ALLVP, Clocktower and new investor Mantis…
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Boston’s startup market is more than setting records in scorching start to year
Say goodbye to valuation discounts and the Series A gap, Northeast startups Alex Wilhelm Anna Heim 7 hours The global startup community is currently enjoying a period of fundraising success that may be unprecedented in the history of technology and venture capital. While this is happening around the world, few…
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Extra Crunch roundup: Corp dev handbook, Chicago startups, Brazil’s e-commerce landscape
If you’re a founder who finds yourself in a meeting with a VC, try to remember two things: You’re the smartest person in the room. Investors are looking for a reason to say “yes.” Even so, many entrepreneurs squander this opportunity, often because they direct questions or fail to understand…
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Revolut introduces salary advance feature in the UK
Fintech startup Revolut is launching a new feature called Payday. It is an alternative to credit card debt and short-term credit as it lets you unlock a portion of your wage early. If a business decides to integrate with Revolut, users can then access the feature from the financial super…
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Amazon backs Indian wealth management service Smallcase in $40 million funding
Amazon has entered the financial services and insurance markets of India in recent years. Now it is paving the way to foray into the wealth management category. The American e-commerce giant has backed Bangalore-based startup Smallcase in a $40 million Series C financing round. The round was led by Faering…
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Brazil’s Kovi closes $104M Series B to make car ownership ‘more inclusive’ in LatAm
We sometimes take for granted that most anyone who wishes to become say, an Uber driver, can do so. But that assumption is a narrow view considering there are many people who would love to earn income in that way but can’t because of lack of car ownership (and all…
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