Ryan Breslow is back as CEO of fintech Bolt, after years of controversy

Ryan Breslow is once again the CEO of Bolt, the fintech company told TechCrunch on Wednesday. Bolt shared a communication that recently went out to investors in which Breslow wrote that “following a challenging few years,” he had been reinstated as Bolt’s CEO with “unanimous approval” of the board of the one-click checkout company. Justin […]

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Flex, a Brex for business owners, has raised $25M at a $250M valuation

Flex, which offers personal finance software and payments infrastructure for business owners, has raised $25 million in equity funding while securing a $200 million credit facility, it told TechCrunch exclusively. The equity funds were raised at a valuation of “just under $250 million.” The company last raised a $20 million Series A announced in September […]

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Grain emerges from stealth with $50M to help any business hedge against FX volatility

Foreign exchange fluctuations can make or break a business that trades across borders, but keeping up and responding to the FX market can be tricky if you’re anything smaller than the world’s largest enterprises. Today, a startup called Grain is emerging from stealth with a product that it says will let finance teams at companies […]

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Ramp has more than doubled its annualized revenue to $700 million

Fintech startup Ramp has crossed $700 million in annualized revenue as of January of this year, according to a source familiar with the company’s internal operations. The company had crossed $100 million in annualized revenue before its third birthday in March 2022, passed $300 million by August 2023, and now effectively more than doubled that […]

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Fintech startup Ramp nearly doubles valuation to $13B in secondary share sale

Expense management startup Ramp has nearly doubled its valuation to $13 billion after a $150 million secondary share sale, the company announced Monday morning. New and existing backers including VC Stripes, GIC, Avenir Growth, Thrive Capital, Khosla Ventures, General Catalyst, Lux Capital, 137 Ventures and Definition Capital bought the secondaries from employees and early investors. […]

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Alkami is buying fintech Mantl for $400 million

Digital banking services provider Alkami Technology is acquiring Mantl, which has been described as “the Shopify of account opening,” for $400 million. Mantl, founded in 2016 by Nathaniel Harley and Benjamin Conant, developed software to make it easier for people to open accounts digitally at community banks and credit unions. The end goal is that […]

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TechCrunch Disrupt 2025: Final 24 hours to save up to $1,130

The early bird gets the worm and time is running out! You have less than 24 hours left to save up to $1,130 when purchasing passes to TechCrunch Disrupt 2025. If you want massive savings on Disrupt 2025 individual passes and up to 30% on group tickets, secure your low ticket rate today. These offers […]

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Stripe CEO says AI startups are growing faster than SaaS ever did and calling them wrappers ‘misses the point’

In its annual letter released Thursday, payments giant Stripe declared that it was “seeing an AI boom” with its data revealing that artificial intelligence startups are growing more rapidly than traditional SaaS companies have historically. In a chart, Stripe showed that the top 100 AI companies (by revenue) were able to achieve $5 million in […]

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