Lucinda Shen (@shenlucinda) 's Twitter Profile
Lucinda Shen

@shenlucinda

Covering fintech @axios. Formerly @fortunemagazine. Reach me lucinda.shen (@)axios.com. DM for signal and everything else.

ID: 468791094

linkhttps://www.axios.com/pro/fintech-deals/offer calendar_today19-01-2012 22:39:12

2,2K Tweet

8,8K Followers

2,2K Following

Axios Pro (@axiospro) 's Twitter Profile Photo

Findigs, a startup aiming to improve the rental screening process, raised $27 million in Series B funding led by Nyca Partners, the company tells Axios exclusively. trib.al/BGn5Q1S

Mercury (@mercury) 's Twitter Profile Photo

We are aware of a cybersecurity attack that breached the security systems of one of our partner banks, Evolve Bank & Trust, which leaked their records, including some account numbers, deposit balances, business owner names, and emails associated with Mercury and other fintech

Lucinda Shen (@shenlucinda) 's Twitter Profile Photo

Earned wage access's business's model could be in for major shifts should the CFPB's rule be enacted axios.com/pro/fintech-de…

Lucinda Shen (@shenlucinda) 's Twitter Profile Photo

Brex CEO Pedro Franceschi says the company's monthly cash burn is "way below" $10 million. It's also looking outside SF/NY, and at mid-sized companies, for growth. axios.com/pro/fintech-de…

Lucinda Shen (@shenlucinda) 's Twitter Profile Photo

Amid growing scrutiny around fintech-bank partnerships, Cross River has named three new board members to bolster risk management, corporate governance and data operations. axios.com/pro/fintech-de…

Lauren Shiplett (@laurenshiplett) 's Twitter Profile Photo

Some personal news, as they say. Eternally grateful for the lessons learned, friends made & experience gained. Axios is a special place - I am glad to have contributed my part to it. I appreciate all the support so far. Any job leads in communications/PR are welcomed.

Lucinda Shen (@shenlucinda) 's Twitter Profile Photo

Donor-advised funds payments company Chariot has raised $11 million led by Maveron. Comes as the DAF space has grown rapidly, from $110b in AUM in 2017 to $229b in 2022. axios.com/pro/fintech-de…

Jake Mendel (@ijakemendel) 's Twitter Profile Photo

Seed deals are happening at a 3:1 ratio to Series A deals. This divergence from the 2013-2019 ratios is contributing in part to the Series A crunch from the previous tweet.

Seed deals are happening at a 3:1 ratio to Series A deals. This divergence from the 2013-2019 ratios is contributing in part to the Series A crunch from the previous tweet.
Lucinda Shen (@shenlucinda) 's Twitter Profile Photo

Last valued at $1 billion, Amount raised $30 million in funding to expand into credit unions. The deal, structured in SAFE notes, delays its valuation and protects that figure from the current fintech slowdown. axios.com/pro/fintech-de…

Lucinda Shen (@shenlucinda) 's Twitter Profile Photo

Public has acquired Carta's startup stock marketplace accounts. This comes after Carta was mired in controversy after a salesperson crossed the wall between its stock sale business and primary cap table business. axios.com/pro/fintech-de…

Lucinda Shen (@shenlucinda) 's Twitter Profile Photo

Oak HC/FT is leading a $35 million Series B round in Colombian real-time payments startup, Cobre. It marks the firms third investment in LatAm, and comes as Colombia is seeking to ramp up real-time payments. axios.com/pro/fintech-de…