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Gig-worker platform Steady secures $15 million to expand pandemic support

Among Steady’s two million members, the pandemic has hit Black members hardest, said Steady CEO Adam Roseman. “We are focused on delivering immediate and measurable economic value to our members during these unbelievably traumatic times.”

Home financing startup Haus raises $15.8 million for housing “co-investment”

ImpactAlpha, June 16 – California-based Haus helps homeowners restructure their mortgages, rather than refinance. The company “co-invests in the home,” taking a portion of the equity, giving homeowners liquidity and helping them lower monthly mortgage payments. Owners retain the home title and can repurchase equity or sell at any time, the company says. It has

Squire secures $34 million to support barbershops post-COVID

High-contact businesses like nail and hair salons, barbershops and spas have been crippled by COVID, with many workers losing income for months. To reopen, they have “been forced to modernize overnight, where scheduling and digital payments have become imperative to their operations and livelihood,” observes Reid Christian of early-stage tech investor CRV.

Varo raises $241 million to expand inclusive digital banking in the U.S.

ImpactAlpha, June 4 – Varo is among the wave of online banking platforms promising to be more customer-friendly. Its basic account charges no fees, including on overdrafts up to $50. The company’s focus on inclusive financial services and financial management support “really matters at a time when so many American families are struggling in a

GramCover raises early funding to insure India’s rural households

ImpactAlpha, May 28 –Poor distribution has kept affordable insurance products for safeguarding health, livelihoods and possessions out of reach for most of India’s low-income, rural households. GramCover launched in 2018 to bridge the insurance access gap through digital services. GramCover reaches more than 1.3 million farmers and has sold $10 million in premiums. The company,