bench Archives - Trending news

Technology

Exclusive: Bench burned through $135 million, but still ran out of money

adminFebruary 5, 2025

by adminFebruary 5, 2025035

A clearer picture of Bench’s downfall is emerging thanks to newly-released bankruptcy filings. The records show that the Canada-based startup, which ironically enough offered cloud...

Technology

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

adminFebruary 1, 2025

by adminFebruary 1, 2025039

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 2023, the...

Technology

MrBeast is reportedly now among those trying to buy TikTok | TechCrunch

adminJanuary 22, 2025

by adminJanuary 22, 2025041

Jessie 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 last...

Technology

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

adminJanuary 21, 2025

by adminJanuary 21, 2025087

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 revenue...

Technology

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

adminJanuary 16, 2025

by adminJanuary 16, 2025046

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

Technology

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

adminJanuary 10, 2025

by adminJanuary 10, 2025049

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 they can’t...

Technology

Exclusive: Bench to be acquired after abruptly shutting down

adminDecember 30, 2024

by adminDecember 30, 2024085

Bench, the VC-backed accounting startup that left thousands of customers locked out of their accounts after it suddenly shut down last week, will be acquired...

Technology

Bench shuts down, leaving thousands of businesses without access to accounting and tax docs | TechCrunch

adminDecember 27, 2024

by adminDecember 27, 2024087

Bench, a Canada-based accounting startup that offered software-as-a-service for small and medium businesses, has abruptly shut down, according to a notice posted on its website. ...

Login

Register