Startups

Startups
SVB Implosion Could Blow Half-Trillion-Dollar Hole in VC Sector as Valuations Become More Clear
March 27, 2023

Venture capital (VC) firms should prepare for a whole new level of scrutiny in the wake of the Silicon Valley Bank (SVB) implosion, market watchers say, a likely outcome of which will be a trimming of current valuations by up to a half trillion dollars....

Startups
Startups Fear Existential Threat Following Silicon Valley Bank Collapse
March 26, 2023

Startups are worried that the Silicon Valley Bank collapse could bring about their own. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Startups
Tiger, SoftBank Writedowns of Private Tech Holdings Signal Chilling Effect for FinTechs
March 17, 2023

Valuation of investments and companies remains an exercise in paper gains and paper losses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Startups
Flat6Labs Launches $95 Million Seed Fund for Africa-Based Tech Startups
March 14, 2023

Flat6Labs has launched a new $95 million seed fund focused on early-stage tech startups in Africa. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Startups
UK-Based, Women-Founded Tech Startups Raised $4.3 Billion in 2022
March 08, 2023

United Kingdom-based tech startups with women founders or co-founders are gaining more investment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Startups
VCs Place Bets on Businesses Seeing Value in Embedding Payments Into Software
March 02, 2023

In today’s economic environment, reaching profitability is considered a badge of honor. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Startups
Sequoia Backs Off Crime App Citizen Amid VC Funding Downturn
February 26, 2023

Sequoia Capital has reportedly stopped funding the crime-tracking app Citizen amid a startup financing drought. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Startups
The VC Fundraising Sea-Change: Less Formal, More Human
February 23, 2023

FinTech firms are increasingly focusing on profitability, turning away from the growth-at-all-costs strategy many have long pursued. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Startups
French Startups Ecosystem ‘In Good Shape’ Following Record 2022 Fundraising
February 21, 2023

Despite growing investor concerns and a dip in valuations of many global firms, French startups continued to raise millions in venture capital (VC) funding last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...