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Old bank fears of regulators is opening massive new markets to their challengers
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Old bank fears of regulators is opening massive new markets to their challengers
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Old bank fears of regulators is opening massive new markets to their challengers
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Old bank fears of regulators is opening massive new markets to their challengers
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Old bank fears of regulators is opening massive new markets to their challengers
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Old bank fears of regulators is opening massive new markets to their challengers
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Gen Z investing app Alinea raises $3.4M, plans to launch an ‘AI copilot’
Alinea Invest, a fintech app offering AI-powered wealth management aimed at Gen Z women, has $3.4 million in seed funding ahead of the launch of a virtual AI assistant that will help users with their investing needs. The fundraising comes on the heels of 225,000 downloads of Alinea’s app, leading to a revenue run rate…
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Klarna introduces $7.99 ‘Klarna Plus’ subscription plan as it approaches an IPO
Swedish fintech company Klarna announced today its first subscription plan, “Klarna Plus,” for $7.99 per month, featuring benefits like no added service fees when using Klarna’s One Time Card, double rewards points and access to exclusive discounts with popular brands. The company also has a new welcome offer for subscribers, saving them $8 on their…
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Who knew M&A would be the thing we couldn’t shut up about?
Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our startup-focused, Wednesday episode, so today we’re counting down important venture rounds and chatting our way through other startup and VC news. Here’s what…
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General Catalyst leads $200M investment into Bilt Rewards, doubling its valuation to $3.1B
Bilt Rewards, whose platform aims to allow consumers to earn rewards on rent and daily neighborhood spend, has raised $200 million at a $3.1 billion valuation, the company announced today. General Catalyst led the financing, which more than doubles the New York-based company’s valuation compared to its $150 million October 2022 raise. Eldridge and existing…