Mary Ann Azevedo
TechCrunch
Austin, TX, United States
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Recent articles by Mary:
Tracking Klarna’s plunging valuation –
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of […] → Read More
Fintech Klarna reportedly raising at a $6.5B valuation, giving new meaning to the phrase ‘down round’
The buy now, pay later giant was valued at $45.6 billion in June of 2021. → Read More
When do layoffs matter? Trick question — always –
Equity is the TechCrunch podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. → Read More
HomeLister lets you skip the realtor and keep the commission
HomeLister is a digital brokerage and real estate site that gives homeowners a way to list and sell their properties online, with support. → Read More
MAYA Capital closes second fund with $100M for early-stage Latin American startups
This new fund triples the firm’s assets under management and will enable the pair to invest in another 25 to 30 companies. → Read More
Brazilian motorcycle rental startup Mottu revs up with $40M to help more Latin Americans become couriers
Mottu has evolved its model and does much more than just rent motorcycles. It also provides credit, insurance, maintenance and 24-hour support for its renters. → Read More
A look into how Conversion Capital plans to back fintech and infrastructure startups out of its new, 6x larger fund
Conversion Capital plans to back 25 to 30 fintech companies out of its latest fund, reserving at least 30% for follow-on investments. → Read More
Fintech Amount, which was valued at $1B last year, lays off 18% of staff –
Amount, a fintech which aims to help financial institutions “go digital in months — not years," and was valued at $1B last year, has laid off 18% of its staff. → Read More
Fintech investors appear to be favoring later-stage deals as sector takes a hit, recent data shows
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of […] → Read More
Brex says it did a ‘poor job’ explaining its decision to cut off SMBs –
Fintech Brex expresses regret over the way it communicated its decision to stop working with SMBs. → Read More
Better.com loses three more senior executives, including SVP and VP of sales –
In the wake of its mass layoffs debacles, Better.com loses three more senior executives. → Read More
Why did Brex really decide to ditch SMBs? –
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of […] → Read More
Brex leaving adrift some SMB customers roils corporate spend market –
Given how competitive the corporate spend world has proved, Brex has kicked off an interesting strategic conversation in the well-funded fintech startup niche. Let’s talk about it. → Read More
As Brex exits the SMB space, its CEO says that doesn’t include startups
Brex’s decision to stop serving SMB customers surprised many in the startup and fintech community. TechCrunch spoke with CEO and co-founder Henrique Dubugras to learn more about what drove the decision and to get clarity around exactly who is affected. Firstly, Dubugras emphasized that the company “remains committed to startups.” When asked about the criteria […] → Read More
This feels like a SoftBank deal from 4 years ago –
Equity is TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. → Read More
Brex, which started out serving startups, now says it is ‘less suited to meet the needs of smaller customers’ –
Brex says it will stop serving smaller customers and focus more on the enterprise segment and growing its SaaS business. → Read More
Notarize signs off on 25% staff reduction, admits challenging fundraising environment
Notarize, a startup that offers remote online notarization services, has let go of 110 people — or 25% of its workforce. Doing the math, the 7-year-old, Boston-based company had about 440 employees before the staff reduction. When the COVID-19 pandemic first began, demand for Notarize’s services, dubbed RON for short, skyrocketed as people were confined […] → Read More
Auxilius lands $10M to help biopharmas manage financial aspects of the clinical trial process
Auxilius aims to help biotechs manage the financial aspects of the clinical trial process. → Read More
Amid real estate tech industry layoffs, HomeLight raises $60M and acquires lending startup Accept.inc
Real estate tech company HomeLight raises $60 million more at a $1.7 billion valuation, and acquires lending startup Accept.inc. → Read More
Wealthsimple, valued at $4B last year, joins the fintech layoffs list –
Robo-adviser Wealthsimple has laid off 13% of its staff, or 159 people. → Read More