This startup is selling for $1B, so why is its founder not proud of the outcome?

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Welcome to TechCrunch Fintech!   This week we’re looking at the story behind the sale of Divvy Homes, Ramp’s new product, some notable fundraising deals, and more!

Indian fintech Jar has turned cash-flow positive, an executive at the Tiger Global-backed startup confirmed on January 22.

More startups shut down in 2024 than the year prior, according to multiple sources, and that’s not really a surprise considering the insane number of companies that were funded in 2020 and 2021.

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Article Details

Author / Journalist: Mary Ann Azevedo

Category: StartupsBusiness

Markets: United StatesIndiaIndonesia

Topics: Ramp Fintech TechCrunch Fintech Startups Stripe Divvy Homes

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-28 @ 18:05:00 (2 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 842 words

Reading Time: 5 minutes read

Sentences: 38 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 25586723

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Official Website: techcrunch.com

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