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Equal access to capital and entrepreneurship is the final civil rights movement

TechCrunch

But despite my privilege, I’m also confident that my Black heritage made it more difficult for me to raise venture capital. Today — and the data proves this — if you are a white male, you have an unfair advantage when looking to raise venture capital. At the time, I didn’t even know that raising venture capital was a possibility.

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Both Things Can Be True: Bias and Bad Fundraising Advice

This is going to be BIG.

Any VC will tell you that the ones they said yes to, they mostly got there right away—and that there are very few “maybe” deals that get tipped over the fence. Or that venture capital is a meritocracy? We know what the racial and gender wealth disparity looks like: This is a lesson taught to be by Jewel from Collab Capital.

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Canada’s Neo Financial closes on $145M Series C, surpasses 1 million customers

TechCrunch

Also participating in the round were Tribe Capital, Altos Ventures, Blank Ventures, Gaingels, Maple VC and Knollwood Advisory. 50B) due to the network effects it has created with its unique merchant loyalty program.”. In Canadian dollars, this means that Neo has achieved unicorn status, or a valuation of over $1 billion.

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Why the startup sector should keep its eye on the SEC

TechCrunch

The SEC’s current agenda — a public list of the regulations the agency is considering — contains proposals that will increase barriers to capital for companies and funds, constrain investor access and potentially push more companies from private to public. In short, the SEC’s actions could slow one of our greatest engines of innovation.

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Amira Yahyaoui wants Mos to be a ‘radical’ fintech startup

TechCrunch

We don’t want to be elitist, we don’t want to do this for a very small category of people because we really want to become the incumbent bank in the U.S.,” The round, led by Tiger Global with participation from Sequoia, Lux Capital, Emerson Collective, Plural VC and more, came together in less than 24 hours, Yahyaoui noted.

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Opportunity Amid Volatility

Haystack

There are many reasons for that, such as private equity and crossover investors investing earlier, or the fact that LPs in VC funds are affected by public market swings and could, theoretically, hit some VC firms to feel the pinch. Getting capital in the earliest stages continues to get easier.

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Q3 outlook forecasts cloudy days ahead for fintech M&A

TechCrunch

Execs from the two startups say the combined company will have processed over $5 billion in payments and built a network of over 500,000 connected businesses by creating B2B DeFi payment networks in both the U.S. Specifically, it said, in Q2 2022, “ VC investment in fintech companies fell 17.8% and Mexico.