Mary Ann Azevedo

The criminal trial against fintech startup founder Charlie Javice began on Friday, with lawyers laying out their opening arguments, Reuters reported.  Lawyers reiterated their original claims and defenses from the lawsuit filed by JPMorgan Chase against Javice in December of 2022. The financial services giant alleges that Javice helped “fake millions of customers in order to induce the bank to buy her company,” student financial planning aid startup Frank, for $175 million. That charge was

For decades, couples going through in vitro fertilization have had to spend tens of thousands of dollars on the procedures with no guarantee of success. It’s not only an emotionally draining process, but a financially exhausting one as well. San Francisco-based startup Future Family wants to help ease some of that burden for couples with a new IVF insurance product in the United States. Built with the support of Munich Re Ventures — the venture

If you follow fintech on X, it’s very likely that you have come across the account of Sheel Mohnot, co-founder and general partner of Better Tomorrow Ventures. With over 150,000 followers, Mohnot has built an impressive presence on the social media site. Interestingly, many of his posts have nothing to do with venture capital. Mohnot started Better Tomorrow Ventures (BTV) after co-founding a few companies, including FeeFighters, which sold to Groupon in 2012.  BTV, which

Stripe is in talks for another shareholder sale that could value the company at “at least” $85 billion, according to multiple reports and a source familiar with the matter. The Information first reported the news that the payments infrastructure giant is working to sell employee-owned stocks. The move would help workers gain some liquidity as Stripe continues to hold off on long-awaited plans to go public. Stripe last February conducted a similar tender offer in

Philadelphia Eagles’ star running back Saquon Barkley has not only become an investor in fintech startup Ramp, he is also the star of the company’s first Super Bowl commercial. Interestingly, it was Barkley who reached out to Ramp about investing, not the other way around as is so often the case with celebrity endorsements.  Barkley reached out after reading Peter Thiel’s book, “Zero to One,” according to Ramp CEO and co-founder Eric Glyman. Barkley chose

Fintech-turned-HR outfit Deel is trying to lay the groundwork for an IPO. On Tuesday, it said its annual revenue run rate climbed to $800 million in 2024 after growing by 70%. The startup, which helps businesses globally hire, manage and pay employees remotely, also said it has sold $300 million in secondary shares to General Catalyst and an unnamed “sovereign investor” — giving early investors a payout. CNBC reported that the unnamed investor is Mubadala

Asya Bradley, a former fintech founder and investor, has joined payments giant Stripe as its new head of Startup & Venture Capital Partnerships. Bradley announced the news on February 2 in a post on LinkedIn, though her bio shows that she joined Stripe back in November. Neither Stripe nor Bradley were immediately available for comment.  Ending in February 2019, Bradley spent three years as the chief revenue officer of Synapse, a fintech company that went

Cushion, a fintech startup that described itself as the “Plaid for buy now, pay later (BNPL),” has shut down. On Thursday, founder and CEO Paul Kesserwani posted on LinkedIn about the decision to wind down the company at the end of 2024. In the post, Kesserwani said that “despite bringing multiple new fintech products to market,” Cushion “didn’t reach the scale needed to sustain the business.” Founded in late 2016, San Francisco-based Cushion had raised

Lily Vittayarukskul (pictured above) was studying aerospace engineering when her aunt was diagnosed with terminal colon cancer. Her aunt had lived under the same roof as Vittayarukskul while she was growing up and helped raise her. “We went all in on her care,” she recalled. Post-chemotherapy, Vittayarukskul’s aunt “became very frail,” so her family — originally from Cambodia — navigated about two and half years of her daily long-term care needs. “It wiped us out

Welcome to TechCrunch Fintech!  This week we’re looking at the story behind the sale of Divvy Homes, Ramp’s new product, some notable fundraising deals, and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The big story Image Credits:Divvy Homes / CEO and co-founder Adena Hefets Last week, real estate fintech Divvy Homes announced that it was selling to