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Novo, the SMB neobank, nabs $90M at a $700M valuation

TechCrunch

Novo now has 150,000 SMB customers in the U.S., It has a large development team, mostly based out of India, Rangel told me.). At Stripes, we only invest in companies building amazing products, and Novo’s rave reviews, strong retention, and incredible growth make it clear it has built something that small businesses love.”

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Factorial adds $120M and doubles valuation to $1B to build enterprise-quality HR for SMBs

TechCrunch

Small and medium businesses, long overlooked in the building of innovative technology, have lately become a key focus in the world of B2B software. While developed markets like the U.S., While developed markets like the U.S., The tech investment market, and the tech market overall, has undoubtedly been contracting this year.

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So much fintech M&A

TechCrunch

On Friday, January 13, investment giant BlackRock announced it was acquiring a minority stake in SMB 401(k) provider startup Human Interest. For one, as one source told me, BlackRock’s investment is a show of faith in the SMB 401(k) market — one where the firm hasn’t historically played.

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Gorilla Logic to Sponsor 2023 ‘Women Who Code Medellín’ Software Development Program

Gorilla Logic

Software developers from Gorilla Logic will tutor women learning how to code from scratch throughout the free 60-hour program. The program is an initiative by Women Who Code Medellín and is meant for women who are interested in technology and want to guide their professional life toward this discipline.

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TechCrunch+ roundup: Optimizing acquisition, parental leave tips, riding the downturn express

TechCrunch

. “At the awareness stage, businesses are looking to solve a problem or challenge using technology,” writes Hogan. “Therefore, it’s essential to clearly communicate the benefits of your product and develop use cases tailored to the challenges businesses are facing.” “It’s an option for everyone, even CEOs.”

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CodeSOD: Classic WTF: Developer Carols

The Daily WTF

It's the holiday season, which means over the next few days, we'll be reviewing some of the best of 2020, if anything about 2020 can be considered "the best", and maybe some other surprises. To kick things off, we're going to pull from the faroff year of Christmas 2017, and return to our Developer Carols.

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Fintech investors appear to be favoring later-stage deals as sector takes a hit, recent data shows

TechCrunch

For the record, Crunchbase defines fintech as companies that integrate technology in the financial services sector. This means it is likely getting tougher and tougher for earlier-stage companies to win over VCs, who are reportedly conducting more due diligence and asking for more traction than in the whirlwind that was 2021.

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