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Despite the venture slowdown, fintech startups are still hiring

Every week, we look at everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon. ....

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NOEMIS Ventures Launches With $25 Million Debut Fund

NEW YORK, Feb. 04, 2022 (GLOBE NEWSWIRE) Coming off the success of their pilot fund that included pre-seed and seed stage bets in Petalcard (now at. ....

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Hopscotch Emerges Out of Stealth with $3.6m in Seed Funding

/PRNewswire/ Hopscotch, the platform bringing a consumer-like experience to B2B payments, today announced its emergence from stealth with $3.6M in seed. ....

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How the venture capital community can better support Black founders

May 27, 2021
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For startup founders looking to make their dream business a reality, there’s never been a better time to look for funding. Venture capital spending soared to a record $131 billion in 2018, according to PitchBook and the National Venture Capital Association. The year saw blockbuster IPOs for Spotify, Dropbox and ADT. In the years since, the funds have continued to flow.
Yet amid all this wealth creation, the breathless headlines, the monumental achievements of American innovation, a Deloitte study reports that just 3% of venture capitalists identified as Black or Latino in 2018, the most recent year for which data are available. Barely 1% of VC funding that year went toward Black or brown entrepreneurs. ....

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PayPal Invests Additional $50 Million in Black and Latinx-Led Venture Capital Funds as Part of $535 Million Commitment

/PRNewswire/ PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that it will invest an additional $50 million in 11 Black- and Latinx-led early-stage. ....

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