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Restrictions on acquisitions would stifle the US startup ecosystem, not rein in big tech

TechCrunch

Congressional committees have held scores of hearings, lawsuits have been filed and legislation has been introduced to regulate privacy and data collection. NVCA-Pitchbook data on acquisitions and IPOs back up the sentiment of founders when it comes to likely exit opportunities.

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Why TransUnion led blockchain fintech Spring Labs’ $30M Series B

TechCrunch

T he startup uses blockchain with the aim of creating a richer network effect of data that allows credit bureaus and others to predict the creditworthiness of people who are not in the traditional credit bureau system. They see a lot of opportunities to leverage our technology,” he said.

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Affirm and Klarna ramp up competing efforts to attract US consumers

TechCrunch

And this gives Affirm an opportunity to generate more revenue as it makes money in part on interest fees. But it is illustrative of the measures that financial services companies — incumbents and fintechs alike — are taking to make their installment loans available to more consumers.