LendUp has built business providing personal loans to customers that traditional financial institutions wouldn’t touch. As it looks to expand into credit cards and other services, the company has raised some strategic funding from PayPal and also has expanded its executive ranks.
Short-term rental management startup Pillow has raised $13.5 million in new funding, and is launching a new product to provide more transparency to apartment owners when renters make their apartments available on platforms like Airbnb.
Alto is also pushing beyond the Bay Area for a nationwide rollout with the new capital. Most of its competitors have focused on certain cities and areas so it will be interesting to see how Alto fares with such a large expansion.
Soma invested in the seed round. Alto investors include Greenoaks Capital, Jackson Square Ventures, and Twitch co-founder, Justin Kan.
Cross-border commerce platform WaystoCap has raised new funding to expand its reach in Africa, the startup confirmed to TechCrunch today.
A recent graduate from the Y Combinator accelerator program in the U.S., WaystoCap is an online destination for buyers and sellers of business-to-business goods in Africa. Founded in Casablanca, Morocco, it aims to digitize the centuries old cross-bordering trading industry that exists in the continent and make it easier for those outside of Africa to get into the region.
Through my years as a founder, I have always wondered: What are other entrepreneurs experiences raising money for startups whose markets are only in LATAM?
By experiences I mean: I want to know the real deal. I want to see the raw numbers. What are your metrics? What was easy? What was tough? Tell me about the time everyone said no, and you cried like a baby in a corner, all alone. What did you do next?