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Finom, a challenger bank aimed at SMBs, lands $105M in growth funding from General Catalyst

Finom, an Amsterdam-based digital bank for small- and medium-sized businesses, has raised €92.7 million (roughly $105 million) in a growth investment from General Catalyst’s Customer Value Fund, the company tells TechCrunch exclusively. The capital infusion “will be used exclusively and only for growth” and not for operational expenses or product development, Kos Stiskin, Finom’s chairman...
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GTRI Flags Steel Import Policy Shift, Warns Of Disruption To MSMEs

New Delhi, Jun 18 (KNN) The Global Trade Research Initiative (GTRI) has raised concerns over a recent directive issued by the Ministry of Steel, warning that it could significantly disrupt operations for micro, small, and medium enterprises (MSMEs) reliant on imported semi-finished steel.  The new order, issued on June 13, mandates that raw materials and...

A comprehensive list of 2025 tech layoffs

The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. We’re...

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