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Sequoia Capital has reportedly raised two funds and despite a slower VC environment, it’s not alone – australiabusinessblog.com

Venture capital investments may be slower, but that seems to give the venture capital firms some time to go out and raise funds themselves. Sequoia Capital is the latest to reportedly raise two new US-focused funds worth up to $2.25 billion. The information reported earlier this week† The publication reported [...]

Volt collapse hits fintechs with butterfly effect

Volt’s collapse is sending shockwaves through the fintech sector as startups closely associated with the neobank, such as Parpera, rush to regroup. The fintech partnered with Volt for banking services, meaning its 500+ small business customers have lost banking, payment and card functions until a new bank employee is found. [...]