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When startups fail, these startups clean up
TechCrunch Fintech looks at how shutting down startups is big business, Stripe’s new valuation, Klarna’s latest AI update and more.
Apologies for being out last week — a cold got the best of me, but I’m back and here to talk about the fact that shutting down startups is big business, Stripe’s new valuation, Klarna’s latest AI update and more. Embat, a Spanish fintech which does what they call “real-time treasury management,” closed a financing round of$16 million Series A led by Creandum. Deel — the$12 billion HR business — said it is scooping up Zavvy, a Munich-based AI-based “people development” startup building tools for personalized career progression, training, and performance management.
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