The fintech funding market shouldn’t be lifeless

Whats up and welcome again to Equity, a podcast concerning the enterprise of startups, the place we unpack the numbers and nuance behind the headlines.

Alex and Grace are again to cowl the largest, boldest and baddest know-how information. That is our Monday present, coming to you this week on a Tuesday as, hey, yesterday was a vacation for a lot of American staff, in honor of Juneteenth. So, we’re doing our weekly kickoff sooner or later later than normal. Right here’s what we obtained into:

• Shares are greater globally, whereas the crypto market is considerably quiet after a tumultuous few weeks.
• We’re arising on the top of Q2 2022, which signifies that we’re without delay heading into earnings season (woo!) and one other enterprise capital information set to parse. Get excited.
• Musk has been busy all over the world, serving to keep Ukraine online, seeing his vehicles come under some censure in China and nonetheless talking his way through buying Twitter.
• In startup land: LeadSquared raised a huge round and is now a unicorn. Platform.sh raised a huge round, however we aren’t certain what it’s price. And Stashfin also put a huge amount of capital and debt onto its own books.
• The fintech VC market remains to be alive, regardless of warning bells from, properly, all over the place. Magic Eden just raised for an NFT marketplace, we word. (Though prices are, yes, coming down.)

That’s our present! We’re again tomorrow and Friday!