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Archive for the ‘Finance Articles’ Category

Steno raises $3.5 million led by First Round to become an extension of law offices

The global legal services industry was worth $849 billion dollars in 2017 and is expected to become a trillion-dollar industry by the end of next year. Little wonder that Steno, an LA-based startup, wants a piece. Like most legal services outfits, what it offers are ways for law practices to run more smoothly, including in ...

Banks aren’t as ****** as enterprise AI and fintech entrepreneurs think

The right question is almost never whether to buy software or build it internally. Instead, banks have often worked to walk the difficult but smarter path right down the middle. ...

Railsbank is buying Wirecard Card Solutions, the UK arm of the disgraced fintech

Looks like another chapter is opening up for Wirecard, the disgraced fintech out of Germany that collapsed into insolvency earlier this year after facing a huge accounting scandal and subsequently failing to make payments on $1.5 billion in loans coming due. Railsbank, the UK startup backed by Visa and others that offers a range of ...

Property tech startup Habi raises $10M to drive expansion in Latin America

When Brynne McNulty Rojas moved to Bogotá, Columbia four years ago, she encountered a fragmented real estate industry that lacked a central database for consumers to find or compare homes. Rojas was struck by the magnitude of the problem; she was also inspired by the opportunity. Rojas and business partner Sebastian Noguera homed in on ...

Our 12 favorite startups from Y Combinator’s S20 Demo Day: Part 2

Figma for filmmakers, TikTok for English learners and a cryptocurrency twist that actually makes sense? After 197 pitches, Y Combinator’s Demo Day for its Summer 2020 cohort has concluded. While the fanfare, run-ins and fortune cookies were missing in this virtual session, it was still exciting to see and hear founders from 26 countries pitch ...

Leaked S-1 says Palantir would fight an order demanding its encryption keys

Palantir, the secretive data analytics startup founded by billionaire investor Peter Thiel, would challenge a government order seeking the company’s encryption keys, according to a leaked document. TechCrunch has obtained a leaked copy of Palantir’s S-1, filed with U.S. regulators to take the company public. We’ve covered some ground already, including looking at Palantir’s financials, ...

Our 11 favorite companies from Y Combinator’s S20 Demo Day: Part I

Startup incubator and investment group Y Combinator today held the first of two demo days for founders in its Summer 2020 batch. So far, this cohort contains the usual mix of bold, impressive, and, at times, slightly wacky ideas young companies so often show off. This was Y Combinator’s second online demo day, its first ...