Indian insurtech Acko is in late-stage discussions to secure $120 million in a funding round at a time when weak global market conditions have subdued large financing deliberations in the South Asian market. General Atlantic is in talks to lead a $120 million round into Acko, the first tranche of which is about $100 million, […]
Amazon-backed Acko nears $120 million in new funding by Manish Singh originally published on TechCrunch
Yesterday, the ride-sharing company Lyft said its two co-founders, John Zimmer and Logan Green, are stepping down from managing the company’s day-to-day operations, though they are retaining their board seats. According to a related regulatory filing, they actually need to hang around as “service providers” to receive their original equity award agreements. (If Lyft is sold […]
The market has changed, but super-voting shares are here to stay, says Mr. IPO by Connie Loizos originally published on TechCrunch
Building credit is hard when it’s difficult to even get credit. And while it’s not impossible to get loans or credit cards, they are usually offered at high interest rates to the people who can least afford to pay them. One Austin-based startup is out to help people build — or get — credit without […]
StellarFi lands $15M to help people build credit by paying bills, rent on time by Mary Ann Azevedo originally published on TechCrunch