startups

Better.com’s PR, comms, marketing heads submit resignations in wake of layoffs fiasco

Better.com continues to find new ways to make itself look bad. This week, sources familiar with internal happenings within the company told TechCrunch the company’s VP of communications, Patrick Lenihan; head of public relations, Tanya Gillogley; and head of marketing, Melanie Hahn, have all submitted their resignations. Insider also reported the news earlier today. The fallout from the way CEO and co-founder Vishal Garg handled the...

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Bain Capital Ventures taps ex-Affirm exec as its newest partner to focus on early-stage fintech and commerce

Bain Capital Ventures has named Christina Melas-Kyriazi, a former Affirm executive and angel investor, as its newest partner. Melas-Kyriazi will be based in the firm’s San Francisco office and focus on seed and Series A investments in emerging fintech and commerce companies — two core areas of focus for the firm. “Christina’s expertise at the intersection of fintech and e-commerce is a perfect complement to BCV’s deep focus...

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Lee Fixel’s Addition leads $32M investment into TruePay, a Brazilian B2B ‘buy now, pay later’ startup

Global investors continue to be drawn to LatAm. TruePay, a one-year-old São Paulo-based “buy now, pay later” startup, announced today that it has raised $32 million in a Series A funding round led by Lee Fixel’s Addition. The investment marks Addition’s first time leading a Series A in Latin America. It comes just three months after  Kaszek and Monashees co-led an $8.5 million seed round that also included participation from...