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Fintech startup Parker files for bankruptcy | TechCrunch
Parker, a well-funded startup offering corporate credit cards and banking services for e-commerce businesses, has filed for bankruptcy and is widely reported to have shut down.

The startup was part of Y Combinator’s winter 2019 cohort, and its Series A was led by Valar Ventures. 







Parker came out of stealth in 2023, touting a corporate credit that it said was designed for use by e-commerce companies. At the time, co-founder and CEO Yacine Sibous said the startup’s “secret sauce” was an underwriting process that could properly assess e-commerce cash flows. 

“We imagined building better financial products for e-commerce founders with the mission of increasing the number of financially independent people,” Sibous told TechCrunch.

Parker’s website is still up and doesn’t mention any shutdown. Instead, a banner at the top boasts that the company has raised more than 0 million in total funding, including a 5 million lending arrangement.

However, multiple social media posts state that Parker’s credit card partner Patriot Bank sent a message to customers this week confirming the shutdown. Parker’s competitors seemed to jump on the news with their own posts seeking to lure over the startup’s former customers.

And Parker’s troubles seem to be confirmed in its May 7 filing for Chapter 7 bankruptcy protection. The filing states that the company has between  million and 0 million in assets, with liabilities in the same range. It also states that Parker has between 100 and 199 creditors.

	
		
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Fintech consultant Jason Mikula recently claimed that Parker had been in negotiations for a potential acquisition, with the failure of those talks ultimately leading to the startup’s abrupt shutdown. Mirkula added that this “has left small business customers in a tough spot” and also raised “questions about [banking partner] Piermont’s and Patriot’s oversight of the program.”

Parker did not immediately respond to an email from TechCrunch. 

The company’s CEO Sibous has not explicitly acknowledged the shutdown or bankruptcy on LinkedIn, and in a recent post, he repeated the 0 million funding figure, adding that the company had reached  million in revenue. But he also said that if he started over, he’d do some things differently, such as: “Avoid over-hiring, reactive decisions, and doomsayers.”
When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.#Fintech #startup #Parker #files #bankruptcy #TechCrunchParker,Valar Ventures,Y Combinator,Yacine Sibous

Fintech startup Parker files for bankruptcy | TechCrunch

Parker, a well-funded startup offering corporate credit cards and banking services for e-commerce businesses, has filed for bankruptcy and is widely reported to have shut down.

The startup was part of Y Combinator’s winter 2019 cohort, and its Series A was led by Valar Ventures. 

Parker came out of stealth in 2023, touting a corporate credit that it said was designed for use by e-commerce companies. At the time, co-founder and CEO Yacine Sibous said the startup’s “secret sauce” was an underwriting process that could properly assess e-commerce cash flows. 

“We imagined building better financial products for e-commerce founders with the mission of increasing the number of financially independent people,” Sibous told TechCrunch.

Parker’s website is still up and doesn’t mention any shutdown. Instead, a banner at the top boasts that the company has raised more than $200 million in total funding, including a $125 million lending arrangement.

However, multiple social media posts state that Parker’s credit card partner Patriot Bank sent a message to customers this week confirming the shutdown. Parker’s competitors seemed to jump on the news with their own posts seeking to lure over the startup’s former customers.

And Parker’s troubles seem to be confirmed in its May 7 filing for Chapter 7 bankruptcy protection. The filing states that the company has between $50 million and $100 million in assets, with liabilities in the same range. It also states that Parker has between 100 and 199 creditors.

Techcrunch event

San Francisco, CA | October 13-15, 2026

Fintech consultant Jason Mikula recently claimed that Parker had been in negotiations for a potential acquisition, with the failure of those talks ultimately leading to the startup’s abrupt shutdown. Mirkula added that this “has left small business customers in a tough spot” and also raised “questions about [banking partner] Piermont’s and Patriot’s oversight of the program.”

Parker did not immediately respond to an email from TechCrunch. 

The company’s CEO Sibous has not explicitly acknowledged the shutdown or bankruptcy on LinkedIn, and in a recent post, he repeated the $200 million funding figure, adding that the company had reached $65 million in revenue. But he also said that if he started over, he’d do some things differently, such as: “Avoid over-hiring, reactive decisions, and doomsayers.”

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

#Fintech #startup #Parker #files #bankruptcy #TechCrunchParker,Valar Ventures,Y Combinator,Yacine Sibous

Parker, a well-funded startup offering corporate credit cards and banking services for e-commerce businesses, has filed for bankruptcy and is widely reported to have shut down.

The startup was part of Y Combinator’s winter 2019 cohort, and its Series A was led by Valar Ventures. 

Parker came out of stealth in 2023, touting a corporate credit that it said was designed for use by e-commerce companies. At the time, co-founder and CEO Yacine Sibous said the startup’s “secret sauce” was an underwriting process that could properly assess e-commerce cash flows. 

“We imagined building better financial products for e-commerce founders with the mission of increasing the number of financially independent people,” Sibous told TechCrunch.

Parker’s website is still up and doesn’t mention any shutdown. Instead, a banner at the top boasts that the company has raised more than $200 million in total funding, including a $125 million lending arrangement.

However, multiple social media posts state that Parker’s credit card partner Patriot Bank sent a message to customers this week confirming the shutdown. Parker’s competitors seemed to jump on the news with their own posts seeking to lure over the startup’s former customers.

And Parker’s troubles seem to be confirmed in its May 7 filing for Chapter 7 bankruptcy protection. The filing states that the company has between $50 million and $100 million in assets, with liabilities in the same range. It also states that Parker has between 100 and 199 creditors.

Techcrunch event

San Francisco, CA
|
October 13-15, 2026

Fintech consultant Jason Mikula recently claimed that Parker had been in negotiations for a potential acquisition, with the failure of those talks ultimately leading to the startup’s abrupt shutdown. Mirkula added that this “has left small business customers in a tough spot” and also raised “questions about [banking partner] Piermont’s and Patriot’s oversight of the program.”

Parker did not immediately respond to an email from TechCrunch. 

The company’s CEO Sibous has not explicitly acknowledged the shutdown or bankruptcy on LinkedIn, and in a recent post, he repeated the $200 million funding figure, adding that the company had reached $65 million in revenue. But he also said that if he started over, he’d do some things differently, such as: “Avoid over-hiring, reactive decisions, and doomsayers.”

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.



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#Fintech #startup #Parker #files #bankruptcy #TechCrunch

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Vinesh Phogat reacts after WFI issues show cause notice <div id="content-body-70960279" itemprop="articleBody"><p>Vinesh Phogat on Saturday indicated that she would fight back after the Wrestling Federation of India (WFI) issued a detailed show-cause notice, accusing her of indiscipline and anti-doping rule violations, while also declaring her ineligible to compete in domestic events till June 26.</p><p>The WFI said Vinesh failed to complete the mandatory six-month notice period required for athletes returning from retirement under UWW Anti-Doping Rules.</p><p>It means that the two-time World Championship medallist will have to wait for her comeback. She was targeting the National Open Ranking event in Gonda, starting Sunday, for her return to competition.</p><p>She had quit the sport in 2024 after her disqualification from the Paris Olympic Games.</p><div class="inline_embed article-block-item"><blockquote class="twitter-tweet"><p lang="hi" dir="ltr">ज़िंदगी फँसी हैं किसी मँझधार में<br/>ज़माना ढूँढता हैं खामी मेरे किरदार में..</p><p>ज़िंदगी तेरा सर सदा बुलंद रखा हैं<br/>झुकाने की ताकत नहीं किसी तलवार में.!!!</p>— Vinesh Phogat (@Phogat_Vinesh) <a href="https://twitter.com/Phogat_Vinesh/status/2053135692080021604?ref_src=twsrc%5Etfw">May 9, 2026</a></blockquote></div><p>“Life is caught in some deep whirlpool’s midst. The world seeks flaws in my character, persists.. Life has always held your head held high. No sword has the power to make it bow.!!!,” according to the English translation of her tweet in Hindi.</p><p>Earlier in the day, the WFI, in a 15-page notice, alleged that Vinesh’s conduct had caused “lasting damage to reputation of Indian wrestling” in Paris and violated provisions of the WFI Constitution, UWW International Wrestling Rules and anti-doping regulations.</p><p class="publish-time" id="end-of-article">Published on May 09, 2026</p></div><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> #Vinesh #Phogat #reacts #WFI #issues #show #notice

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इंदौर सराफा बाजार: मुनाफावसूली की बिकवाली,कीमती धातुओं में मामूली गिरावट

SAVE 26%: As of July 27, you can get the Ecovacs Goat A3000 LiDAR Pro robotic lawn mower for $1,849 at Amazon, down from $2,499.99. That’s a 26% discount or $650.99 in savings.


$1,849 at Amazon
$2,499.99 Save $650.99

 

Pushing a heavy lawn mower through thick grass in the peak of summer heat is nobody’s idea of a good weekend. If you’ve been waiting for a reason to hand off your yard chores to a robot, now’s the time to pull out your wallet.

Amazon’s running a limited-time deal (you have about 14 hours left) on the Ecovacs Goat A3000 LiDAR Pro robotic lawn mower. Right now, you can get it for $1,849 at Amazon, down from $2,499.99. That’s a 26% discount or $650.99 in savings.

Unlike older robotic mowers that require you to bury perimeter wires around your property, the Goat A3000 uses wire-free HoloScope 360 Dual-LiDAR navigation and an AI camera. It automatically maps yards up to 3/4 acre and maintains positioning accuracy within less than an inch, even under dense tree cover or along shaded fences.

It also features a built-in TruEdge trimmer to clean up borders along driveways and garden beds, a 32V power system designed for thick grass types like Bermuda or St. Augustine, and a 7,500 mAh battery that recharges in 70 minutes.

#Ecovacs #Goat #A3000 #robot #lawn #mower #deal">Ecovacs Goat A3000 robot lawn mower deal
                                                            SAVE 26%: As of July 27, you can get the Ecovacs Goat A3000 LiDAR Pro robotic lawn mower for ,849 at Amazon, down from ,499.99. That’s a 26% discount or 0.99 in savings.
    
    
                                                        
    
                                        
    
        
                                        
                                        
                    
                                                    ,849
                                                             at Amazon
                                                        ,499.99
                                                                                         Save 0.99
                                                                        
                
                                         
                    
        
    

Pushing a heavy lawn mower through thick grass in the peak of summer heat is nobody’s idea of a good weekend. If you’ve been waiting for a reason to hand off your yard chores to a robot, now’s the time to pull out your wallet. 
        SEE ALSO:
        
            If you’re heading off-grid this summer, grab DJI’s portable power station while it’s half price
            
        
    
Amazon’s running a limited-time deal (you have about 14 hours left) on the Ecovacs Goat A3000 LiDAR Pro robotic lawn mower. Right now, you can get it for ,849 at Amazon, down from ,499.99. That’s a 26% discount or 0.99 in savings.
        
            Mashable Trend Report
        
        
    
Unlike older robotic mowers that require you to bury perimeter wires around your property, the Goat A3000 uses wire-free HoloScope 360 Dual-LiDAR navigation and an AI camera. It automatically maps yards up to 3/4 acre and maintains positioning accuracy within less than an inch, even under dense tree cover or along shaded fences. 
It also features a built-in TruEdge trimmer to clean up borders along driveways and garden beds, a 32V power system designed for thick grass types like Bermuda or St. Augustine, and a 7,500 mAh battery that recharges in 70 minutes.

                    
                                    #Ecovacs #Goat #A3000 #robot #lawn #mower #deal

Ecovacs Goat A3000 LiDAR Pro robotic lawn mower for $1,849 at Amazon, down from $2,499.99. That’s a 26% discount or $650.99 in savings.


$1,849 at Amazon
$2,499.99 Save $650.99

 

Pushing a heavy lawn mower through thick grass in the peak of summer heat is nobody’s idea of a good weekend. If you’ve been waiting for a reason to hand off your yard chores to a robot, now’s the time to pull out your wallet.

Amazon’s running a limited-time deal (you have about 14 hours left) on the Ecovacs Goat A3000 LiDAR Pro robotic lawn mower. Right now, you can get it for $1,849 at Amazon, down from $2,499.99. That’s a 26% discount or $650.99 in savings.

Unlike older robotic mowers that require you to bury perimeter wires around your property, the Goat A3000 uses wire-free HoloScope 360 Dual-LiDAR navigation and an AI camera. It automatically maps yards up to 3/4 acre and maintains positioning accuracy within less than an inch, even under dense tree cover or along shaded fences.

It also features a built-in TruEdge trimmer to clean up borders along driveways and garden beds, a 32V power system designed for thick grass types like Bermuda or St. Augustine, and a 7,500 mAh battery that recharges in 70 minutes.

#Ecovacs #Goat #A3000 #robot #lawn #mower #deal">Ecovacs Goat A3000 robot lawn mower deal

SAVE 26%: As of July 27, you can get the Ecovacs Goat A3000 LiDAR Pro robotic lawn mower for $1,849 at Amazon, down from $2,499.99. That’s a 26% discount or $650.99 in savings.


$1,849 at Amazon
$2,499.99 Save $650.99

 

Pushing a heavy lawn mower through thick grass in the peak of summer heat is nobody’s idea of a good weekend. If you’ve been waiting for a reason to hand off your yard chores to a robot, now’s the time to pull out your wallet.

Amazon’s running a limited-time deal (you have about 14 hours left) on the Ecovacs Goat A3000 LiDAR Pro robotic lawn mower. Right now, you can get it for $1,849 at Amazon, down from $2,499.99. That’s a 26% discount or $650.99 in savings.

Unlike older robotic mowers that require you to bury perimeter wires around your property, the Goat A3000 uses wire-free HoloScope 360 Dual-LiDAR navigation and an AI camera. It automatically maps yards up to 3/4 acre and maintains positioning accuracy within less than an inch, even under dense tree cover or along shaded fences.

It also features a built-in TruEdge trimmer to clean up borders along driveways and garden beds, a 32V power system designed for thick grass types like Bermuda or St. Augustine, and a 7,500 mAh battery that recharges in 70 minutes.

#Ecovacs #Goat #A3000 #robot #lawn #mower #deal

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