Tag: bench

Venture debt lenders will play a big role in fire sales and startup shutdown this year, experts say

When accounting startup Bench abruptly failed last month, the shutdown was forced when the company’s lenders called in the startup’s loan. In late...

MrBeast is reportedly now among those trying to buy TikTok

Jesse Tinsley, CEO of a workforce management company, Employer.com, is conducting what could become the year’s wildest acquisition spree. First, Employer.com announced its plan...

Funding to fintechs continues to decline, but at a slower pace

Welcome to TechCrunch Fintech!  This week, we’re looking at just how much fintech startups raised in 2024, a slew of fundraising deals, Plaid’s reported...

Failed fintech startup Bench racked up over $65 million in debt, documents reveal

Bench, the accounting startup that imploded over the holidays, filed for bankruptcy in Canada on January 7 revealing massive debts, documents seen by...

Bench customers are now being forced to hand over their data or risk losing it, they say

After accounting startup Bench abruptly shut down on December 27 and was bought in a fire-sale by Employer.com, Bench customers are now learning...

Inside the wild fall and last-minute revival of Bench, the VC-backed accounting startup that imploded over the holidays

Friday, December 27, was supposed to be the start of a relaxing holiday weekend. But it was chaos for thousands of small business owners...