Tag: Fintech
Charlie launches a mobile app that ‘gamifies’ getting out of debt
Charlie, a personal finance app that began as a chatbot, is relaunching today with a revamped experience focused on the larger goal of helping everyday Americans get out of debt. To do so, Charlie presents users with a full picture of their current debt and how long it will take…
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Fintechs could see $100 billion of liquidity in 2021
The Matrix Fintech Index weighs public markets, liquidity and a new e-commerce trend Jake Jolis Contributor Jake Jolis is a partner at Matrix Partners and invests in seed and Series A technology companies including marketplaces and software. More posts by this contributor 4-year founder vesting is dead 2019 saw a…
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Digital securities platform iSTOX closes $50 million Series A to make private equity accessible to more investors
Oi Yee Choo, chief commercial officer of digital securities platform iSTOX iSTOX, a digital securities platform that wants to make private equity investment more accessible, has added new investors from Japan to its Series A round, bringing its total to $50 million. Two of its new backers are the government-owned…
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Stay gold, ‘Plaid for X’ startups
A failed acquisition usually triggers the same series of questions: What does this mean for early-stage startups in the sector? Will a chilling effect occur and hurt valuations? Will VCs stop funding this category? How will the exit environment look going forward? This week gave that narrative a bullish twist.…
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X1 Card raises $12 million for its credit card with limits based on your income
X1 Card is raising a $12 million funding round. The company is building a credit card that sets limits based on your current and future income, not your credit score. Spark Capital is leading the round with Jared Leto, Aaron Levie, Jeremy Stoppelman, Max Levchin and Ali Rowghani also participating.…
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Affirm doubles after starting to trade despite strong IPO pricing
Today shares of Affirm, a buy-now-pay-later unicorn, started trading above $90 per share, far above its $49 per-share IPO price, a figure that was already miles above the company’s early expectations. The pop comes after Affirm raised its pricing range earlier this week, to $41 to $44 per share, up…
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