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I Tried the Best Captioning Smart Glasses, and Only One Leads the PackUnlike the other glasses I tested, Even doesn’t sell a subscription plan; everything’s included out of the box.The only downside I could find with the G2 is that it is largely devoid of offline features, so the glasses have to be connected to the internet to do much of anything. Considering the G2’s capabilities, it’s a trade-off I am more than happy to make.Other Captioning Glasses I TestedThere are plenty of capable captioning eyeglasses on the market, but they are surprisingly similar in both looks and features. While many are quite capable, none had the combination of power and affordability that I got with Even’s G2. Here’s a rundown of everything else I tested.Photograph: Christopher NullPhotograph: Christopher NullPhotograph: Christopher NullLeion’s Hey 2 is the price leader in this market, and even its prescription lenses ( to 9) are pretty affordable. The hardware, however, is heavy: 50 grams without lenses, 60 grams with them. A full charge gets you six to eight hours of operation; the case adds juice for up to 12 recharges.I like the Leion interface, which lays out caption, translation, “free talk” (two-way translation), and a teleprompter feature on its clean app. You get access to nine languages; using Pro minutes expands that to 143. Leion sells its premium plan by the minute, not the month, so you need to remember to toggle this mode off when you don’t need it. Pricing is  for 120 minutes,  for 1,200 minutes, and 0 for 6,000 minutes. There’s no offline use supported, and I often struggled to get AI summaries to show up in English instead of Chinese (regardless of the recorded language).Photograph: Christopher NullPhotograph: Christopher NullYou’re not seeing double: XRAI and Leion use the same manufacturer for their hardware, and the glasses weigh the same. The battery spec is also similar, with up to eight hours on the frames and another 96 hours when recharging with the case. XRAI claims its display is significantly brighter than competitors’, but I didn’t see much of a difference in day-to-day use.The features and user experience are roughly the same, though Leion’s teleprompter feature isn’t implemented in XRAI’s app, and it doesn’t offer AI summaries of conversations. I also didn’t find XRAI’s app as user-friendly as Leion’s version, particularly when trying to switch among the admittedly exhaustive 300 language options. Only 20 of these are included without ponying up for a Pro subscription, which is sold both by the month and minute: /month gets you a max of 600 upgraded transcription minutes and 300 translation minutes; /month gets you 1,800 and 1,200 minutes, respectively. On the plus side, XRAI does have a rudimentary offline mode that works better than most. For prescription lenses, add 0 to 0.Photograph: Christopher NullPhotograph: Christopher NullAirCapsAirCaps Smart GlassesAirCaps does not make its own prescription lenses. Instead, you must purchase a pair of  “lens holders” and take them to an optician if you want prescription inserts. I was unable to test these with prescription lenses and ultimately had to try them out over my regular glasses, which worked well enough for short-term testing. Frames weigh a hefty 53 grams without add-on lenses; the company couldn’t tell me how much extra weight prescription lenses would add to that, but it’s safe to say these are the bulkiest and heaviest captioning glasses on the market. Despite the weight, they only carry two to four hours of battery life, with 10 or so recharges packed into the comically large case. Another option is to clip one of AirCaps’ rechargeable 13-gram Power Capsules ( for two) to one of the arms, which can provide 12 to 18 extra hours of juice.The AirCaps feature list and interface make it perhaps the simplest of all these devices, with just a single button to start and stop recording. Transcriptions and translations are available for free in nine languages. For /month, you can add the Pro package, which offers better accuracy, access to more than 60 languages, and the option to generate AI summaries on demand (though only if recordings are long enough). As a bonus: Five hours of Pro features are free each month. Offline mode works pretty well, too. The only bad news is that these bulky frames just aren’t comfortable enough for long-term wear.Photograph: Christopher NullPhotograph: Christopher NullThe most expensive option on the market (up to ,399 with prescription lenses!) weighs a relatively svelte 40 grams (52 grams with lenses) and offers about four hours of battery life. There’s no charging case; the glasses must be charged directly using the included USB-connected dongle.The glasses are extremely simple, offering transcription and translation features—with support for about 80 languages, which is impressive. I unfortunately found the prescription lenses Captify sent to be the blurriest of the bunch, making the captions comparatively hard to read. And while the device supports offline transcription, performance suffered badly when disconnected from the internet. I couldn’t get translations to work at all when offline. For /month, you get better accuracy and speaker differentiation, and access to AI summaries of conversations. Prescription lenses cost between  and 0.#Captioning #Smart #Glasses #Leads #Packbuying guides,shopping,smart glasses,eyewear,health,augmented reality,accessibility

I Tried the Best Captioning Smart Glasses, and Only One Leads the Pack

Unlike the other glasses I tested, Even doesn’t sell a subscription plan; everything’s included out of the box.

The only downside I could find with the G2 is that it is largely devoid of offline features, so the glasses have to be connected to the internet to do much of anything. Considering the G2’s capabilities, it’s a trade-off I am more than happy to make.

Other Captioning Glasses I Tested

There are plenty of capable captioning eyeglasses on the market, but they are surprisingly similar in both looks and features. While many are quite capable, none had the combination of power and affordability that I got with Even’s G2. Here’s a rundown of everything else I tested.

  • Photograph: Christopher Null

  • Photograph: Christopher Null

  • Photograph: Christopher Null

Leion’s Hey 2 is the price leader in this market, and even its prescription lenses ($90 to $299) are pretty affordable. The hardware, however, is heavy: 50 grams without lenses, 60 grams with them. A full charge gets you six to eight hours of operation; the case adds juice for up to 12 recharges.

I like the Leion interface, which lays out caption, translation, “free talk” (two-way translation), and a teleprompter feature on its clean app. You get access to nine languages; using Pro minutes expands that to 143. Leion sells its premium plan by the minute, not the month, so you need to remember to toggle this mode off when you don’t need it. Pricing is $10 for 120 minutes, $50 for 1,200 minutes, and $200 for 6,000 minutes. There’s no offline use supported, and I often struggled to get AI summaries to show up in English instead of Chinese (regardless of the recorded language).

  • Photograph: Christopher Null

  • Photograph: Christopher Null

You’re not seeing double: XRAI and Leion use the same manufacturer for their hardware, and the glasses weigh the same. The battery spec is also similar, with up to eight hours on the frames and another 96 hours when recharging with the case. XRAI claims its display is significantly brighter than competitors’, but I didn’t see much of a difference in day-to-day use.

The features and user experience are roughly the same, though Leion’s teleprompter feature isn’t implemented in XRAI’s app, and it doesn’t offer AI summaries of conversations. I also didn’t find XRAI’s app as user-friendly as Leion’s version, particularly when trying to switch among the admittedly exhaustive 300 language options. Only 20 of these are included without ponying up for a Pro subscription, which is sold both by the month and minute: $20/month gets you a max of 600 upgraded transcription minutes and 300 translation minutes; $40/month gets you 1,800 and 1,200 minutes, respectively. On the plus side, XRAI does have a rudimentary offline mode that works better than most. For prescription lenses, add $140 to $170.

  • Photograph: Christopher Null

  • Photograph: Christopher Null

AirCaps

AirCaps Smart Glasses

AirCaps does not make its own prescription lenses. Instead, you must purchase a pair of $39 “lens holders” and take them to an optician if you want prescription inserts. I was unable to test these with prescription lenses and ultimately had to try them out over my regular glasses, which worked well enough for short-term testing. Frames weigh a hefty 53 grams without add-on lenses; the company couldn’t tell me how much extra weight prescription lenses would add to that, but it’s safe to say these are the bulkiest and heaviest captioning glasses on the market. Despite the weight, they only carry two to four hours of battery life, with 10 or so recharges packed into the comically large case. Another option is to clip one of AirCaps’ rechargeable 13-gram Power Capsules ($79 for two) to one of the arms, which can provide 12 to 18 extra hours of juice.

The AirCaps feature list and interface make it perhaps the simplest of all these devices, with just a single button to start and stop recording. Transcriptions and translations are available for free in nine languages. For $20/month, you can add the Pro package, which offers better accuracy, access to more than 60 languages, and the option to generate AI summaries on demand (though only if recordings are long enough). As a bonus: Five hours of Pro features are free each month. Offline mode works pretty well, too. The only bad news is that these bulky frames just aren’t comfortable enough for long-term wear.

  • Photograph: Christopher Null

  • Photograph: Christopher Null

The most expensive option on the market (up to $1,399 with prescription lenses!) weighs a relatively svelte 40 grams (52 grams with lenses) and offers about four hours of battery life. There’s no charging case; the glasses must be charged directly using the included USB-connected dongle.

The glasses are extremely simple, offering transcription and translation features—with support for about 80 languages, which is impressive. I unfortunately found the prescription lenses Captify sent to be the blurriest of the bunch, making the captions comparatively hard to read. And while the device supports offline transcription, performance suffered badly when disconnected from the internet. I couldn’t get translations to work at all when offline. For $15/month, you get better accuracy and speaker differentiation, and access to AI summaries of conversations. Prescription lenses cost between $99 and $600.

#Captioning #Smart #Glasses #Leads #Packbuying guides,shopping,smart glasses,eyewear,health,augmented reality,accessibility

Unlike the other glasses I tested, Even doesn’t sell a subscription plan; everything’s included out of the box.

The only downside I could find with the G2 is that it is largely devoid of offline features, so the glasses have to be connected to the internet to do much of anything. Considering the G2’s capabilities, it’s a trade-off I am more than happy to make.

Other Captioning Glasses I Tested

There are plenty of capable captioning eyeglasses on the market, but they are surprisingly similar in both looks and features. While many are quite capable, none had the combination of power and affordability that I got with Even’s G2. Here’s a rundown of everything else I tested.

  • Photograph: Christopher Null

  • Photograph: Christopher Null

  • Photograph: Christopher Null

Leion’s Hey 2 is the price leader in this market, and even its prescription lenses ($90 to $299) are pretty affordable. The hardware, however, is heavy: 50 grams without lenses, 60 grams with them. A full charge gets you six to eight hours of operation; the case adds juice for up to 12 recharges.

I like the Leion interface, which lays out caption, translation, “free talk” (two-way translation), and a teleprompter feature on its clean app. You get access to nine languages; using Pro minutes expands that to 143. Leion sells its premium plan by the minute, not the month, so you need to remember to toggle this mode off when you don’t need it. Pricing is $10 for 120 minutes, $50 for 1,200 minutes, and $200 for 6,000 minutes. There’s no offline use supported, and I often struggled to get AI summaries to show up in English instead of Chinese (regardless of the recorded language).

  • Photograph: Christopher Null

  • Photograph: Christopher Null

You’re not seeing double: XRAI and Leion use the same manufacturer for their hardware, and the glasses weigh the same. The battery spec is also similar, with up to eight hours on the frames and another 96 hours when recharging with the case. XRAI claims its display is significantly brighter than competitors’, but I didn’t see much of a difference in day-to-day use.

The features and user experience are roughly the same, though Leion’s teleprompter feature isn’t implemented in XRAI’s app, and it doesn’t offer AI summaries of conversations. I also didn’t find XRAI’s app as user-friendly as Leion’s version, particularly when trying to switch among the admittedly exhaustive 300 language options. Only 20 of these are included without ponying up for a Pro subscription, which is sold both by the month and minute: $20/month gets you a max of 600 upgraded transcription minutes and 300 translation minutes; $40/month gets you 1,800 and 1,200 minutes, respectively. On the plus side, XRAI does have a rudimentary offline mode that works better than most. For prescription lenses, add $140 to $170.

  • Photograph: Christopher Null

  • Photograph: Christopher Null

AirCaps

AirCaps Smart Glasses

AirCaps does not make its own prescription lenses. Instead, you must purchase a pair of $39 “lens holders” and take them to an optician if you want prescription inserts. I was unable to test these with prescription lenses and ultimately had to try them out over my regular glasses, which worked well enough for short-term testing. Frames weigh a hefty 53 grams without add-on lenses; the company couldn’t tell me how much extra weight prescription lenses would add to that, but it’s safe to say these are the bulkiest and heaviest captioning glasses on the market. Despite the weight, they only carry two to four hours of battery life, with 10 or so recharges packed into the comically large case. Another option is to clip one of AirCaps’ rechargeable 13-gram Power Capsules ($79 for two) to one of the arms, which can provide 12 to 18 extra hours of juice.

The AirCaps feature list and interface make it perhaps the simplest of all these devices, with just a single button to start and stop recording. Transcriptions and translations are available for free in nine languages. For $20/month, you can add the Pro package, which offers better accuracy, access to more than 60 languages, and the option to generate AI summaries on demand (though only if recordings are long enough). As a bonus: Five hours of Pro features are free each month. Offline mode works pretty well, too. The only bad news is that these bulky frames just aren’t comfortable enough for long-term wear.

  • Photograph: Christopher Null

  • Photograph: Christopher Null

The most expensive option on the market (up to $1,399 with prescription lenses!) weighs a relatively svelte 40 grams (52 grams with lenses) and offers about four hours of battery life. There’s no charging case; the glasses must be charged directly using the included USB-connected dongle.

The glasses are extremely simple, offering transcription and translation features—with support for about 80 languages, which is impressive. I unfortunately found the prescription lenses Captify sent to be the blurriest of the bunch, making the captions comparatively hard to read. And while the device supports offline transcription, performance suffered badly when disconnected from the internet. I couldn’t get translations to work at all when offline. For $15/month, you get better accuracy and speaker differentiation, and access to AI summaries of conversations. Prescription lenses cost between $99 and $600.

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#Captioning #Smart #Glasses #Leads #Pack

The last-gen 360 Vis Nav offers a whopping 65 air watts of suction, allowing it to pull dirt, dust, and pet hair from carpets impressively well. In her brief time testing the robovac, my colleague Jennifer Pattison Tuohy said the Dyson “demolished a pile of dry oatmeal in seconds,” adding that she briefly worried it might even suck up the tassels on her large rug (it didn’t). By comparison, many robot vacuums — including Dyson’s new $1,200 Spot + Scrub AI — require multiple passes to fully eradicate the same kind of mess on your floor.

What’s more, the robovac’s small, D-shaped design and the location of its ultra-fluffy brush allow it to dig into edges and corners more effectively than many of the more roundish robot vacuums, while its lower profile lets it easily get under most beds and sofas. The roomy 500ml dustbin also means you likely won’t need to empty it too often, while Dyson’s built-in handle and terrific quick-release button make removing said bin a relatively simple task when it’s time to do so.

While it is undeniably powerful, it’s worth noting that the 360 Vis Nav lacks a few features found on some of its more modern rivals. Although its navigation worked well enough during our testing, it lacks AI-powered obstacle avoidance and doesn’t come with a self-emptying dock. Battery life is also relatively short at around 65 minutes per charge. Nonetheless, if your top priority is quickly removing dust, dirt, and pet hair from carpets without multiple passes, the Dyson remains an option worth considering, especially at this discounted price.

#Dysons #powerful #Vis #Nav #robovac #limited #timeDeals,Gadgets,Smart Home,Tech,Verge Shopping">Dyson’s powerful 360 Vis Nav robovac is down to 9.99 for a limited timeIf you’re tired of running your vacuum multiple times just to get the dirt and debris out of the carpets in your living room, Dyson’s 360 Vis Nav is worth a look. It’s one of the more powerful robot vacuums currently available, and now through May 11th (or while supplies last), it’s on sale at Woot for an all-time low of 9.99 (9 off) with a full two-year warranty.The last-gen 360 Vis Nav offers a whopping 65 air watts of suction, allowing it to pull dirt, dust, and pet hair from carpets impressively well. In her brief time testing the robovac, my colleague Jennifer Pattison Tuohy said the Dyson “demolished a pile of dry oatmeal in seconds,” adding that she briefly worried it might even suck up the tassels on her large rug (it didn’t). By comparison, many robot vacuums — including Dyson’s new ,200 Spot + Scrub AI — require multiple passes to fully eradicate the same kind of mess on your floor.What’s more, the robovac’s small, D-shaped design and the location of its ultra-fluffy brush allow it to dig into edges and corners more effectively than many of the more roundish robot vacuums, while its lower profile lets it easily get under most beds and sofas. The roomy 500ml dustbin also means you likely won’t need to empty it too often, while Dyson’s built-in handle and terrific quick-release button make removing said bin a relatively simple task when it’s time to do so.While it is undeniably powerful, it’s worth noting that the 360 Vis Nav lacks a few features found on some of its more modern rivals. Although its navigation worked well enough during our testing, it lacks AI-powered obstacle avoidance and doesn’t come with a self-emptying dock. Battery life is also relatively short at around 65 minutes per charge. Nonetheless, if your top priority is quickly removing dust, dirt, and pet hair from carpets without multiple passes, the Dyson remains an option worth considering, especially at this discounted price.#Dysons #powerful #Vis #Nav #robovac #limited #timeDeals,Gadgets,Smart Home,Tech,Verge Shopping

Woot for an all-time low of $279.99 ($919 off) with a full two-year warranty.

The last-gen 360 Vis Nav offers a whopping 65 air watts of suction, allowing it to pull dirt, dust, and pet hair from carpets impressively well. In her brief time testing the robovac, my colleague Jennifer Pattison Tuohy said the Dyson “demolished a pile of dry oatmeal in seconds,” adding that she briefly worried it might even suck up the tassels on her large rug (it didn’t). By comparison, many robot vacuums — including Dyson’s new $1,200 Spot + Scrub AI — require multiple passes to fully eradicate the same kind of mess on your floor.

What’s more, the robovac’s small, D-shaped design and the location of its ultra-fluffy brush allow it to dig into edges and corners more effectively than many of the more roundish robot vacuums, while its lower profile lets it easily get under most beds and sofas. The roomy 500ml dustbin also means you likely won’t need to empty it too often, while Dyson’s built-in handle and terrific quick-release button make removing said bin a relatively simple task when it’s time to do so.

While it is undeniably powerful, it’s worth noting that the 360 Vis Nav lacks a few features found on some of its more modern rivals. Although its navigation worked well enough during our testing, it lacks AI-powered obstacle avoidance and doesn’t come with a self-emptying dock. Battery life is also relatively short at around 65 minutes per charge. Nonetheless, if your top priority is quickly removing dust, dirt, and pet hair from carpets without multiple passes, the Dyson remains an option worth considering, especially at this discounted price.

#Dysons #powerful #Vis #Nav #robovac #limited #timeDeals,Gadgets,Smart Home,Tech,Verge Shopping">Dyson’s powerful 360 Vis Nav robovac is down to $279.99 for a limited time

If you’re tired of running your vacuum multiple times just to get the dirt and debris out of the carpets in your living room, Dyson’s 360 Vis Nav is worth a look. It’s one of the more powerful robot vacuums currently available, and now through May 11th (or while supplies last), it’s on sale at Woot for an all-time low of $279.99 ($919 off) with a full two-year warranty.

The last-gen 360 Vis Nav offers a whopping 65 air watts of suction, allowing it to pull dirt, dust, and pet hair from carpets impressively well. In her brief time testing the robovac, my colleague Jennifer Pattison Tuohy said the Dyson “demolished a pile of dry oatmeal in seconds,” adding that she briefly worried it might even suck up the tassels on her large rug (it didn’t). By comparison, many robot vacuums — including Dyson’s new $1,200 Spot + Scrub AI — require multiple passes to fully eradicate the same kind of mess on your floor.

What’s more, the robovac’s small, D-shaped design and the location of its ultra-fluffy brush allow it to dig into edges and corners more effectively than many of the more roundish robot vacuums, while its lower profile lets it easily get under most beds and sofas. The roomy 500ml dustbin also means you likely won’t need to empty it too often, while Dyson’s built-in handle and terrific quick-release button make removing said bin a relatively simple task when it’s time to do so.

While it is undeniably powerful, it’s worth noting that the 360 Vis Nav lacks a few features found on some of its more modern rivals. Although its navigation worked well enough during our testing, it lacks AI-powered obstacle avoidance and doesn’t come with a self-emptying dock. Battery life is also relatively short at around 65 minutes per charge. Nonetheless, if your top priority is quickly removing dust, dirt, and pet hair from carpets without multiple passes, the Dyson remains an option worth considering, especially at this discounted price.

#Dysons #powerful #Vis #Nav #robovac #limited #timeDeals,Gadgets,Smart Home,Tech,Verge Shopping
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">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.

	
		
		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 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

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">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

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