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General Catalyst
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1040

Automated Savings Startup Digit Raises $11.3M From General Catalyst

TECHCRUNCH: It’s only been a few short months since automated savings startup Digit opened to the public, but it’s already garnered serious interest from consumers who want more money in their bank accounts, as well as investors who think the service could eventually be a huge hit. (more…)

Deals, Fintech news, news

May 5, 2015

774

Bigcommerce Acquires Checkout And Inventory Software Startup Zing

TECHCRUNCH: E-commerce platform Bigcommerce announced today that it has made its first acquisition, point-of-sale and inventory management software startup Zing. The value of the deal was undisclosed. Bigcommerce has raised $125 million so far from investors including General Catalyst, Softbank, and American Express, and is pursuing rapid growth in the U.S. and Asia. It faces formidable competition, however, from other e-commerce platforms like Shopify (which recently filed for a $100 million IPO) and Magento, as well as marketplaces such as eBay and Amazon that target smaller vendors. (more…)

Deals, Fintech news, news

April 29, 2015

1895

Fundbox Raises $40 Million To Pay Invoices On Demand

TECHCRUNCHFundbox, a company that loans businesses money for outstanding invoice payments, has raised $40 million to grow its own business in the trillion-dollar alternative lending market. The Series B round was led by General Catalyst with participation from NyCa Investment Partners and help from existing backers Khosla Ventures, Shlomo Kramer and Blumberg Capital. (more…)

Deals, Fintech news, news, POS/mPOS and online acquiring

March 19, 2015