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Checkout wants to be Rapyd and Fast

Checkout wants to be Rapyd and Fast

FromEquity


Checkout wants to be Rapyd and Fast

FromEquity

ratings:
Length:
14 minutes
Released:
Jan 16, 2021
Format:
Podcast episode

Description

Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines. We’re back on this lovely Saturday with a bonus episode!Again!There is enough going on that to avoid failing to bring you stuff that we think matters, we are back yet again for more. This time around we are not talking Roblox, we're talking about ecommerce, and a number of rounds -- big and small -- that have been raised in the space. Honest question: do y'all plan to release news on the same week? Are trends a social construct?From Natasha, Grace, Danny, and your humble servant, here's your run-down: Webflow raised $140 million in a round that it says it did not need. This is not a new thing. Some startups are doing well, and don't burn much. So investors offer them more at a nice price. In this case $2.1 billion. (Webflow does no-code Checkout.com raised $450 million. The rich really do get richer. In this case the founders of Checkout.com, whose company is now worth around $15 billion Checkout.com does, you guessed, online checkout work. Which as Danny explains is complicated and critical. We also talked about this Bolt round, for context. And sticking to the ecommerce theme, Rapyd raised $300 million at around a $2.5 billion valuation. There is infinte money available for late-stage fintech. Early stage as well, it turns out, with Tradeswell raising $15.5 million to help businesses improve their net margins. Finally, ending with a chat on infrastructure, Nacelle closed an $18 million Series A. And now we're going back to bed.
Released:
Jan 16, 2021
Format:
Podcast episode

Titles in the series (100)

Equity is TechCrunch’s venture capital podcast. In each episode, we bring you the numbers behind the headlines in Venture Captial. TechCrunch reporter Alex Wilhelm teams up with Danny Crichton and Natasha Mascarenhas to give a window into startup land.