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Is this the year that we get our dream back channeling platform? – TechCrunch

Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. Among many of the entrepreneur catchphrases out there, the one that annoys me the most is: “It’s not what you know, it’s who you know.” The phrase may be meant to make people with […]
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Arc wants to build the de facto finance solution for SaaS startups – TechCrunch

There’s financial technology (fintech) companies out there targeting all sorts of different segments of the population, as well as companies at various stages of growth. A new company recently emerged that is targeting a popular startup niche, wanting to exclusively help early-stage SaaS (software-as-a-service) companies with their financial needs. Coming out of stealth today with […]
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Business banking startup Qonto raises $552 million at $5 billion valuation – TechCrunch

French startup Qonto has raised a $552 million Series D funding round (€486 million). Following this investment, the startup has reached a valuation of $5 billion (€4.4 billion). This is one of the largest rounds in the French tech ecosystem. Qonto is a challenger bank focused on business bank accounts. The startup focuses primarily on […]
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Fintech Brex confirms $12.3B valuation, snaps up Meta exec to serve as its head of product – TechCrunch

In the latest fintech megaround, Brex has confirmed that it has raised $300 million in a Series D-2 round that ups its valuation to $12.3 billion. TechCrunch in October was the first to report that Brex was raising the capital and had achieved decacorn status. Greenoaks Capital and TCV co-led the financing, which brings the […]
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Novo, the SMB neobank, nabs $90M at a $700M valuation – TechCrunch

Novo, the startup building a new kind of banking service from the ground up for small and medium businesses, has closed a significant round of funding to take the next step in growing its platform. It has raised $90 million, a Series B round that values the Miami-based startup at $700 million, funding that it […]
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