Robinhood launches a waitlist for Robinhood Retirement, which it calls the “first and only” IRA with a 1% match on every eligible dollar contributed (Mary Ann Azevedo/TechCrunch)

Mary Ann Azevedo / TechCrunch:
Plaid lays off approximately 260 employees, or 20% of its workforce, citing macroeconomic conditions; the company was valued at ~$13.4B in April 2021  —  CEO says the fintech company ‘hired and invested ahead of revenue growth’  —  Fintech decacorn Plaid is laying off 260 employees …

Mary Ann Azevedo / TechCrunch:
Plaid lays off approximately 260 employees, or 20% of its workforce, citing macroeconomic conditions; the company was valued at ~$13.4B in April 2021  —  CEO says the fintech company ‘hired and invested ahead of revenue growth’  —  Fintech decacorn Plaid is laying off 260 employees …

Mary Ann Azevedo / TechCrunch:
Landa, whose app lets users invest in rental properties for as little as $5 via fractional ownership, emerges from stealth with an $8M seed and $25M Series A  —  It’s safe to say that millions of Americans dream of becoming real estate investors but can’t or don’t due to a variety of challenges …

Mary Ann Azevedo / TechCrunch:
Jiko, a neobank that gives companies “low-cost access” to short-term US Treasury bills, raised a $40M Series B, bringing its total funding to $87.7M  —  Jiko started its life as a mobile bank for consumers.  But over time, the fintech startup has evolved its model …

Mary Ann Azevedo / TechCrunch:
NYC-based NorthOne, which offers digital banking services for small business owners, raised a $67M Series B, bringing its total funding to $90.3M  —  It’s common knowledge, especially to those who work in financial services, that the COVID-19 pandemic dramatically increased demand for digital banking globally.

Mary Ann Azevedo / TechCrunch:
All three founders of online trading service Pipe are stepping down as the company looks for a “veteran” CEO; Pipe raised $250M at a $2B valuation in May 2021  —  Co-founder Harry Hurst says, ‘We’re 0-1 builders, not at-scale operators.’  —  The three co-founders …