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Argentinian fintech infrastructure startup Geopagos leaves the boot straps behind with $35M funding round

TechCrunch

Geopagos , a payments infrastructure startup based in Buenos Aires, has raised $35 million in a round led by Riverwood Capital. Founded in 2013, the Argentinian startup serves as a white label infrastructure software provider, with the aim of giving businesses the ability to launch financial services.

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Harry’s files paperwork for fresh $139.9M financing

TechCrunch

A year after the FTC blocked Harry’s from getting acquired by Edgewell Personal Care, the direct-to-consumer razor startup raised $155 million in Series E financing to give it a $1.7 The new funding gives the company just over $791 million in total known funding since the company was founded in 2013, according to Crunchbase data.

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So much fintech M&A

TechCrunch

On Friday, January 13, investment giant BlackRock announced it was acquiring a minority stake in SMB 401(k) provider startup Human Interest. A lot has changed in the markets since then, so this feels like a good outcome for the startup, which was founded by Paul Sawaya and Roger Lee in 2015. Consolidation everywhere.

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Quickly Unpacking Amazon’s Acquisition Of PillPack

Haystack

This success reminds me of a famous Paul Graham post, Schlep Blindness , where Graham argues while incredible startup ideas lie around us, this specific work can feel to many to be both tedious and boring. One analyst estimated $15b+ of incumbent market value was wiped out.

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The Decline of New SaaS Company Formation

Tomasz Tunguz

In 2011-2013, about 1450 software companies were founded each year on average. This is counterintuitive considering the broader venture capital backdrop of near record venture investment in software. The rate of new software company formation seems to have declined materially in the past few years.

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How contrarian hires and a pitch deck started Nubank’s $30 billion fintech empire

TechCrunch

For most startups, the hardest early challenge is identifying a market and a product to serve it. Instead, the challenge was how to rebuild the concept of a bank in a country where banking is widely hated, all while the incumbents heavily entrenched with the state worked to block every move.

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Ed Zimmerman: The Growing Scarcity of Series B Venture Rounds

WSJ - The Accelerators

There has been a lot of discussion recently of where the choke points are in the cone, and I believe we’re headed into a period in which the Series B venture round will be more of a choke point than it has been in the past, especially for American startups. The graphic follows those startups until April 2014. Certainly not.