Fundings and Exits

The prospects for troubled banking-as-a-service startup Synapse have gone from bad to worse this week after the United States Trustee filed an emergency motion on Wednesday.  The trustee is asking to convert the company’s debt reorganization Chapter 11 bankruptcy Synapse into a liquidation Chapter 7, according to court documents. The trustee wrote that the need

TechCrunch Disrupt has always been the ultimate convergence point for all things startup and tech. In the bustling world of innovation, it serves as the “big top” tent, where entrepreneurs, tech enthusiasts, and industry leaders gather to witness the unveiling of groundbreaking technologies, engage in thought-provoking discussions, and forge invaluable connections. As we gear up

The key to taking on legacy players in the financial technology industry may be to go where they have not gone before. That’s what Chicago-based Aeropay is doing. The provider of pay-by-bank solutions for businesses started out helping cannabis retailers and gaming companies with their payments and is now entering into Visa and Mastercard’s territory

Embedded finance is usually what we hear about when brands and non-financial businesses want to offer financial products or services — like banking, insurance, lending and payments — to provide a better user experience for customers. Layer is leaning into that better user experience, but with embedded accounting. Its customers are those, like Square or

For years, Sammy Faycurry has been hearing from his registered dietitian (RD) mom and sister about how poorly many Americans eat and their struggles with delivering nutritional counseling. Although nearly half of all adults in the country are affected by chronic conditions linked to unhealthy diets, health plans have a limited number of in-network registered

TechCrunch Disrupt, our flagship startup event held annually in San Francisco, is back on October 28-30 — and you can expect a bustling crowd of thousands of startup enthusiasts. Exciting news! We’re thrilled to unveil the near-complete agenda for the Builders Stage, the culmination of months of hard work. This is just one of six

Chang She, previously the VP of engineering at Tubi and a Cloudera veteran, has years of experience building data tooling and infrastructure. But when She began working in the AI space, he quickly ran into problems with traditional data infrastructure — problems that prevented him from bringing AI models into production. “Machine learning engineers and

Early-stage rounds continue to account for the majority of investments in the European startup market, and on Tuesday one of the biggest firms in the region announced a new fund to bolster that trend. Accel has raised $650 million to back startups from seed to Series A across the U.K., the Continent and Israel. The

Harness Lab isn’t founder Jyoti Bansal’s first startup. He sold AppDynamics to Cisco for $3.7 billion in 2017, the week it was supposed to go public. His latest venture has raised $425 million, per Crunchbase. On Tuesday, Harness announced $150 million in debt financing, essentially a line of credit that the company can draw on

If you use Slack at work, you’ve likely noticed that the number of channels you’re invited to proliferates incessantly.  David Sacks, one quarter of the popular “All In” podcast and a renowned serial entrepreneur whose past companies include Yammer –  an employee chat startup that sold to Microsoft for $1.2 billion in 2012 –  says

Sona, a workforce management platform for frontline employees, has raised $27.5 million in a Series A round of funding. More than two-thirds of the U.S. workforce are reportedly in frontline jobs, which might be anything from customer service and healthcare to retail environments and hospitality. But managing this vast workforce, ensuring roles are filled and

Maad, a B2B e-commerce startup based in Senegal, has secured $3.2 million debt-equity funding to bolster its growth in the western Africa country and to explore fresh opportunities in the wider Francophone region. The seed round was led by Ventures Platform, with participation from Seedstars International Ventures, Reflect Ventures, Oui Capital, Launch Africa, Voltron Capital

Pepper, the e-commerce platform for food distributors, continues to edge into Sysco and US Foods territory by giving smaller, independent distributors a technology leg up.  The company developed an ordering system specifically for independent food distributors that supports catalogs of over 100,000 items and enables these companies to launch mobile apps and websites so that

Buy-now-pay-later services have become so ubiquitous that BNPL may as well just be another way to say ‘debt.’ But in Mexico, where BNPL platform Aplazo operates, a large underbanked population makes BNPL more like an alternative to cash. The four-year-old Mexican fintech startup facilitates fractionated payments to offline and online merchants even when the buyer