It was a very busy week in the world of fintech, which certainly kept us on our toes. We covered a couple of notable M&A deals (including one of the biggest of the year so far), a different kind of financial services startup aimed at undocumented immigrants, Brex’s official recommitment to the startup community and more.
End-of-quarter frenzy
As the generative AI craze rages on, Ramp acquires customer support startup Cohere.io
We started the week with some M&A news out of corporate spend management company Ramp. The team shared with us exclusively that it had scooped up an AI-powered customer support called Cohere.io, which had raised $3.5 million in seed funding over its lifetime from backers such as Initialized Capital, Y Combinator and…Ramp co-founders Eric Glyman and Karim Atiyeh. Notably, Ramp (and companies like Deel and Rippling) were …
