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Stripe announces embedded business banking service Stripe Treasury

Stripe announces embedded business banking service Stripe Treasury Fintech startup Stripe has announced an ambitious new product today called Stripe Treasury. The company is partnering with banks to offer a banking-as-a-service API. In other words, Stripe clients will be able to provide bank accounts to their customers — the service is invite-only […]

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What to make of Stripe’s possible $100B valuation

What to make of Stripe’s possible 0B valuation This is The TechCrunch Exchange, a newsletter that goes out on Saturdays, based on the column of the same name. You can sign up for the email here. Welcome to a special Thanksgiving edition of The Exchange. Today we will be brief. But not silent, as […]

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7 things we just learned about Sequoia’s European expansion plans

7 things we just learned about Sequoia’s European expansion plans Sequoia Capital, the renowned Silicon Valley venture capital firm that has backed companies like Apple, Google, Dropbox, Airbnb and Stripe, recently disclosed that it had opened its first office in Europe. To staff up, it hired partner Luciana Lixandru away from rival […]

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African fintech startup Chipper Cash raises $30M backed by Jeff Bezos

African fintech startup Chipper Cash raises M backed by Jeff Bezos African cross-border fintech startup Chipper Cash has raised a $30 million Series B funding round led by Ribbit Capital with participation of Bezos Expeditions — the personal VC fund of Amazon CEO Jeff Bezos. Chipper Cash was founded in San Francisco in […]

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This serial founder is taking on Carta with cap table management software she says is better for founders

This serial founder is taking on Carta with cap table management software she says is better for founders Yin Wu has cofounded several companies since graduating from Stanford in 2011, including a computer vision company called Double Labs that sold to Microsoft, where she stayed on for a couple of years as […]

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Khosla Ventures seeks $1.1 billion for its latest fund

Khosla Ventures seeks .1 billion for its latest fund Khosla Ventures, the eponymous venture firm helmed by longtime Silicon Valley rainmaker, Vinod Khosla, is raising  $1.1 billion for its latest venture fund, according to documents from the Securities and Exchange Commission. The filing was first spotted by Ari Levy over at CNBC. […]

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The highest valued company in Bessemer’s annual cloud report has defied convention by staying private

The highest valued company in Bessemer’s annual cloud report has defied convention by staying private This year’s Bessemer Venture Partners’ annual Cloud 100 Benchmark report was published recently and my colleague Alex Wilhelm looked at some broad trends in the report, but digging into the data, I decided to concentrate on the […]

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Tech for good during COVID-19: Sky-high gifts, extra help, and chips

Tech for good during COVID-19: Sky-high gifts, extra help, and chips When Roger Lee, the co-founder of Human Interest, heard that San Francisco imposed shelter-in-place orders, he started blogging about layoff news and posting crowdsourced lists of employees who were laid off. His goal was to increase awareness about layoffs and give […]

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Precursor Ventures’ Charles Hudson on ‘the conversation no one has during an upmarket’

Precursor Ventures’ Charles Hudson on ‘the conversation no one has during an upmarket’ For pre-seed startups, precarious times are baseline until they secure their first customer, first hire and first check. But no matter how built-in turbulence might be for a pre-seed founder, we’re entering a period where stresses are amplified and […]

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Daily Crunch: Stripe now valued at $36B

Daily Crunch: Stripe now valued at B Stripe raises new funding, Uber acknowledges financial uncertainty and a controversial facial recognition startup accidentally exposes its source code. Here’s your Daily Crunch for April 17, 2020. 1. Stripe raises $600M at $36B valuation in Series G extension, says it has $2B on its balance […]

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