Silicon Valley Bank, which was recently acquired by First Citizens BancShares, has resumed lending to the startup and venture market, though less aggressively than in the past. SVB’s slowdown in lending is contributing to a sharply decelerating venture-debt market, which means there are fewer sources of financing at the very time more startups are struggling. “The...

Quona Capital has raised a $203 million second fund to invest in technology startups focused on financial inclusion in emerging markets. The Washington, D.C.-based firm will be deploying its new fund, Accion Quona Inclusion Fund, in Latin America, Africa, India and Southeast Asia, at a time when interest in fintech startups in these markets has been on the rise among global venture funds. “It’s...

Keith Rabois is expanding Khosla Ventures’ real-estate tech and insurance startup portfolio by backing Jetty National Inc., a company that provides renters insurance and other financial products. Khosla Ventures led Jetty’s $25 million Series B funding round. Existing investors Valar Ventures and Ribbit Capital participated. The startup, founded in 2015, has now raised $40 million in equity. “When...

David Schwartz, the chief cryptographer at blockchain startup Ripple Inc., recently saw a developer on his team receive not one, but two, $1 million signing bonus offers. He said one offer was from a cryptocurrency startup, the other from a large technology company with a blockchain initiative. Pay packages for cryptocurrency talent “have gotten insane,” Mr. Schwartz said. Billions of dollars have poured into the sector through initial coin offerings and venture capital. At the same time,...

Fourth fund raises $150 million with institutional investors