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eToro secures $250M at a $3 5B valuation after scrapping SPAC, seeing slower growth

Israel-based eToro, which was set to go public at a $10.4B valuation, says it had 2.8 million funded accounts at the end of 2022.

United kingdomTel avivAbu dhabiMeron shaniKen smytheYoni assiaSilicon valley bankBetsy fintech acquisition corpAdvanced investment agreementSocial leverageNext round capital partnersBetsy cohen backed fintech acquisitionEtoro moneyMiddle eastImage credits

Varo, Stripe said to be raising new funds at much lower valuations

Fintech startups Varo and Stripe previously valued at $2.5B and $95B respectively, are reportedly raising "signficant" down rounds.

New yorkUnited statesColin walshWarburg pincusKen smytheNew york timesFintech business weeklyThrive capitalNext round capital partners

What s Stripe s deal?

Last valued at $95 billion, fintech giant Stripe appears to be at a crossroads. Will it go public, or will it raise more funding?

Puerto ricoUnited statesHugh mccoll jrSean robertsSebastian siemiatkowskiAnna heimKen smytheChristine hallVictor umunzeMary annHenry fordJeff seibertManish singhFausto ibarraMaju kuruvillaVishal garg

Gopuff Buys Time for Its 30-Minutes-or-Less Delivery Promise

The $15 billion rapid-delivery start-up decided to do business differently from rivals like Instacart. A changing environment is testing its model.

United statesNew yorkDrexel universityJohn mercerRafael ilishayevDavid seligmanJett feinKen smytheCandace hinsonAnthony nelsonScott minerdYakir golaCoresight researchNew york timesLabor departmentSilicon valley

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