Northzone

Finom, a European challenger bank aimed at SMEs and freelancers, has raised €50 million ($54 million) in a Series B equity round of funding. Founded out of the Netherlands in 2019, Finom lets businesses open up an online bank account in minutes and receive an IBAN (International Bank Account Number) to support cross-border transactions. On top of that, customers also receive physical or virtual bank cards, expense management tools, and integration support for accounting software. In truth, the…

Listen here or wherever you get your podcasts. Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. To close out the year, I wanted to sit down with a venture capitalist and riff on the coming year. On today’s episode, we’re joined by Deepka Rana from Northzone to chat through a bevy of key topics for the new year: Where venture capital is heading in the new year; The prognosis for startups at different stages of maturity; Why 2023…

There’s been quite a bit of movement lately among venture capitalists moving to new firms or going out on their own, while others are getting into VC. NEA partner Pete Sonsini and Kleiner Perkins’ Wen Hsieh were reportedly leaving their respective firms to start their own firms. David Cahn left Coatue for Sequoia Capital and Maria Salamanca left Unshackled Ventures last year for Ulu Ventures. Meanwhile, Kaitlyn Glancy and Julie Wainwright joined the world of venture capital. Former Index…