News
Atlanta Venture Firm TTV Capital Closes Its Largest Fund Ever at $250M
Atlanta venture capital firm TTV Capital has closed its largest fund to date at $250 million, according to a filing with the U.S. Securities and Exchange Commission. Originally, the firm planned for a $150 million fund, but significantly...
African Gaming Startup Carry1st Raises $27M from Bitkraft Ventures and a16z
In the coming decades, Africa will be a significant growth market for mobile games, driven by the proliferation of technology adoption among the continent’s youthful population. And as gamers in sub-Saharan Africa increase to more than 180 million ...
Democratizing Leadership Will Create A More Inclusive Economy
The rise of new technologies, the gig economy, platform business models and the increased focus on stakeholder capitalism are significant forces reshaping work. Moreover, old-school leadership is increasingly being challenged by a new generation ...
Charlotte Fintech Startup Foro Aims to Eliminate Commercial Lending Hurdles, Preps for Expansion
Charlotte-based fintech startup Foro is striving to make commercial lending more equitable for growing businesses as it gears up to launch its platform nationwide early next year. Foro, founded in 2019, serves businesses seeking commercial loans ...
Carputty Wins Investor Millions To Dull Auto Financing Pain Points
ayliss and his partner co-founder and CPO Joshua Tatum, created Carputty, an online auto financing site where consumers can apply for lines of credit up to $250,000 to purchase a new or used vehicle, refinance an existing loan of buyout a lease.
After Little Progress on Lending Discrimination, a Mortgage Fairness Crisis Looms
You have a fair shot at getting a mortgage – if you’re white or Asian. For every other race, "mortgage fairness," which is already at low levels, could be sinking further. That’s according to an analysis of 350 million mortgage applications from 1990 ...
VCs Decipher the Recent Fintech Layoffs — and Why They’re Happening Now
Many big companies in the fintech world cut jobs in the past month. And yet Stripe’s announcement it would lay off 14% of its workforce still made a splash, proving that unicorns and decacorns are not immune to the challenging economic and fundraising ...
Fintech Fills a Gap for Divorced Parents Co-managing Money
Rome formed a startup, Onward, that developed an app that helps parents who have split co-manage their children's expenses.
Top VCs are Bullish on Payments Startups. These Are the 5 types of Fintechs They're Most Excited About.
Through 2020 and 2021, it seemed like the value of both private and public financial-technology startups could only go up. But this year, there's been no shortage of pain for the fintech names that once nabbed dizzying valuations. . .
Would You Sell Your Vacation Days for Cash?
When newly-licensed social worker Javon Garcia was hired in late 2020 by Howard Brown Health, an LGBTQ nonprofit in Chicago, he was thrown into a new life as a virtual therapist. Between the pandemic-induced spike in the number of people seeking help ...
