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Middesk raises $57M to automate business verification and underwriting

TechCrunch

We take for granted how easy it is for a person to access a financial product made possible through strong infrastructure products. Companies can see their compliance status from Middesk’s dashboard. It also helps companies manage their business by setting up payroll tax accounts, registering with the U.S.

Banking 143
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Middesk raises $57M to automate business verification and underwriting

TechCrunch

We take for granted how easy it is for a person to access a financial product made possible through strong infrastructure products. Companies can see their compliance status from Middesk’s dashboard. It also helps companies manage their business by setting up payroll tax accounts, registering with the U.S.

Banking 130
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Sequoia and Andreessen Horowitz invested more in fintech than any other sector in 2022

TechCrunch

Every week, I’ll take a look at the hottest fintech news of the previous week. I’m not going to lie — upon learning this, my fintech-loving ears perked up. And fintech represented nearly a quarter of the firm’s deals. More than a quarter (28%) of a16z’s fintech investments in 2022 went to the payments category.

Fintech 246
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Tiger Global leads $34M investment into Unit21, a no-code fraud prevention platform

TechCrunch

F ormer Affirm product manager Trisha Kothari and C larence Chio founded Unit21 in 2018 with the goal of giving risk, compliance and fraud teams a way to fight financial crime via a “secure, integrated, no-code platform.” . Image Credits: Unit21. billion for those types of breaches since 2008. .