Weekly Wrap-up of Fintech / Startup News for March 31, 2020
A weekly update of some of the news that I found to be relevant to the Fintech and Startup world.
The News:
This week, the trend has continued and it is still a rough week for the Market, for Fintechs and Startups. I hope that you guys are still keeping safe and healthy. Thanks for reading and hang in there.
- Audm, a startup that turns long-form journalism into audio content, has been acquired by The New York Times Company, it announced this morning.
- The Market for Remote Work tech is worth more than 3 billion. Here are 7 booming startups – Business Insider
- Netflix Creates $100 Million Coronavirus Relief Fund
- How Covid-19 Could Impact Seed-Stage Startup Investing
- Lilium, a Munich-based startup that is designing and building vertical take-off and landing (VTOL) aircraft with speeds of up to 100 km raised another 240 Million
- Arkose Labs Raises $22M For Anti-Fraud Platform After 400% Revenue Growth in 2019
- Brex Buys Three San Francisco Startups To Complement Its Product Line
- Founders say investors are trying to renege on term sheets due to coronavirus
- The United States Of Startups: The Most Well-Funded Tech Startup In Every US State
- The Global Unicorn Club – Current Private Companies Valued At $1B+
- IBM, White House, Department of Energy, and others launch consortium to give coronavirus researchers access to supercomputers
- Dow rebounds more than 11% in best day since 1933 as Congress nears coronavirus stimulus deal
- SoftBank to Sell $41 Billion in Assets, Signaling End of Buying Spree
- This is a must read article by the NYT . As Coronavirus Surveillance Escalates, Personal Privacy Plummets
- Revolut launches its neobank in the US
- How Covid-19 Could Impact Startup Funding
- Logged On From the Laundry Room: How the C.E.O.s of Google, Pfizer and Slack Work From Home
- Instacart to add 300,000 gig workers in coronavirus-driven hiring
- Big Tech Could Emerge From Coronavirus Crisis Stronger Than Ever
- OfferUp Acquires Letgo, Lands $120M In New Funding
- Brex Buys Three San Francisco Startups To Complement Its Product Line
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