Fintech / Startup News for March 31 – 2020

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

I Wrote the following Article to help you manage remote teams. Please feel free to share it

Need more Information on our Recruiting Services for Fintechs / Startups?

Join My Fintech Newsletter

Every Week I send out a summary of the latest news on the Fintech Market in USA, Mexico, and LATAM