caught

Enterprise, Fintech, Startups

“Unveiling Robinhood’s Latest Offering: The Gold Card, Disrupting BaaS and the Underdog Startup that Impressed Stripe”

This week, we’re looking at Robinhood’s new Gold Card, challenges in the BaaS space and how a tiny startup caught Stripe’s eye. BaaS startup Synctera recently conducted a restructuring that affects about 15% of employees. The startup is not the only VC-backed BaaS company to have resorted to layoffs to preserve cash over the past year. MassMutual Ventures also participated in Qoala’s new $47 million round of funding. It has more primary customers than ChaseInside a CEO’s bold claims about her hot fintech startup, which TC previously covered here.

Kira Kim
March 31, 2024
1 Comment

Startups

Supaglue: The 4-Person Startup That Captured Stripe’s Attention

In Stripe’s annual letter, the company discussed several fast-growing areas, one of them being the “Revenue and Finance Automation” unit. Stripe’s RFA unit will reach a $500 million annual run rate this year, the company said. So they built a product that helps companies import and centralize customer data from third-party data sources like Salesforce or other customer relationship management systems into their own applications. How did a tiny four-person startup catch the attention, and an acquisition offer, from mighty Stripe? Considering the growth Stripe alluded to in its annual letter, Supaglue will likely quickly find fast friends within Stripe’s ecosystem.

Uncategorized

Fine-tuning the User Demographic of LinkedIn: Strategizing for Those Straddling Between TikTok and the Older Twitter

Two weeks ago, TechCrunch broke the news that LinkedIn was getting into games, helping users “deepen relationships” through puzzle-based interactions. And on Wednesday, TechCrunch reported that the Microsoft-owned social network was experimenting with short-form videos. It’s as if LinkedIn is targeting a whole new “type” of user — one caught in limbo somewhere between two other well-known social networks. And LinkedIn shouldn’t try to be Twitter or TikTok — it’s aimed at an entirely different audience. And now with games and short-form videos in the mix, LinkedIn wants even more of the action.