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Brex Offers FDIC Insurance, Adds Chief Legal Officer

PYMNTS

Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). In May, Brex closed a $150 million funding round led by previous investor DST and new investor Lone Pine Capital, Brex said.

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Getaround Car Sharing Platform Raises $200M At $1.7B Valuation

PYMNTS

Founded in 2009, the San Francisco-based company has already received more than $400 million in total venture capital funding from investors including GV, Madrona Venture Group and actor Ashton Kutcher.

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Even with Fair’s Job Cuts, Car-Sharing Keeps Racing Forward

PYMNTS

Kirk has a decade of experience running treasury and capital markets for large fleet companies, and is well known on the capital markets side. “As Fair has grown, the skill sets needed to drive the business forward change,” the company said in a statement. That’s hardly all.

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Even With Fair’s Job Cuts, Car-Sharing Keeps Racing Forward

PYMNTS

Kirk has a decade of experience running treasury and capital markets for large fleet companies, and is well-known on the capital markets side. “As Fair has grown, the skillsets needed to drive the business forward change,” the company said in a statement. That’s hardly all.

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As Sharing Services Face Backlash, Payments Takes A Bigger Role

PYMNTS

Those controversies have notably played out in San Francisco , though other cities, including Chicago and Los Angeles, are going through them at their own pace. And investors are still pouring capital into companies operating in the sector.

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AppsFlyer Unifies Mobile Marketing Attribution, Sees $56M Series C

PYMNTS

The remaining triple-digit deal in the period came as Banco Bilbao Vizcaya Argentaria invested in Atom Bank with as much as $101 million, part of continued capital raising since the latter months of the last year. Looking at the regional breakdown, the U.S. held sway with 83 percent of the investments for the week.

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Data Dive, Milestone Edition: Gig Payments, Affirm And Contactless March On

PYMNTS

Card Payouts is a card-based, front end user experience that integrates with treasury banks’ existing infrastructure. Another big funding round was announced by San Francisco-based installment lender Affirm. Thrive Capital Founder Joshua Kushner said he is excited to work with Affirm. “We

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