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Spend management space sees a large raise, and layoffs, in the same week

TechCrunch

Every week, we’ll take a look at the hottest fintech news of the previous week. There’s a lot of fintech news out there and it’s our job to stay on top of it — and make sense of it — so you can stay in the know. On Friday, PitchBook’s Q1 2023 B2B fintech investment report showed that investment into enterprise fintech was $11.8

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Compound aims to be a one-stop shop for tech employees to manage their finances

TechCrunch

Like many other tech employees, the two software engineers held equity in startups they had worked for, cryptocurrency investments and other illiquid assets. Jordan Gonen and Jacob Schein had both worked in the tech industry for a few years when they realized they lacked a clear understanding of their own finances.