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The Interchange: Stripe takes a swing at Plaid

TechCrunch

Led by Lindsay Holden, the startup had raised more than $20 million in funding and had built a gamified finance mobile app that aims to help people “save, learn and engage” with their finances. In other words, incumbents in some cases need fintechs even as they compete with them. million in a round led by Firebrand Ventures.

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Q3 outlook forecasts cloudy days ahead for fintech M&A

TechCrunch

On the bright side, the fact that VCs are more discriminating about where they put their dollars could actually lead to more M&A activity, according to Ruark. That is one reason why a number of VC firms have told their portfolio companies to focus on performance and cut costs,” he told TechCrunch. Guess we’ll see about that.

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Fintech Roundup: Will financial technology startups dodge the venture slowdown?

TechCrunch

billion last year — up 153% year-over-year in terms of global VC deal value. Startups like these are keeping the incumbents (relatively speaking) on their toes. Robinhood expands into consumer finance while Apple steps up its fintech game. There has been much talk as of late of a slowdown in venture funding.

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In its first funding in 7 years, profitable fintech Lower raises $100M Series A led by Accel

TechCrunch

Lower , an Ohio-based home finance platform, announced today it has raised $100 million in a Series A funding round led by Accel. The financing also marks the previously bootstrapped Lower’s first external round of funding in its seven-year history. This round is notable for a number of reasons.

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The Interchange: Venture’s mixed signals

TechCrunch

One day, I’m hearing personal accounts of VCs pulling term sheets at the last minute, with some citing that their own investors had backed out of providing funds, leaving founders scrambling to save a round — and face. One day, I’m having a fintech-focused VC tell me they haven’t invested in any startups since last October.

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Investing Outside The Bay Area

Haystack

More recently, this trend has shifted a bit within the Bay Area, which today’s giants like Uber, Airbnb, and Stripe being built in San Francisco proper while incumbents down south have begun scooping up premium commercial real estate in the city. Over the past two years, however, I’ve felt that something is out of balance.

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The Ezra Klein Show: VC Bill Gurley on Transforming Health Care

abovethecrowd.com

So if Internet and mobile technologies can be used to change real estate or transportation, why not healthcare? So backing up on how healthcare is financed, let’s say you got a plan with basically no deductible, so you’ve got first dollar coverage. Additionally, all of us that have been consumers of the U.S.

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