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TD Bank is closing dozens of branches across 10 states: Here’s the full list of doomed locations

Fast Company Tech

The decision comes amid ongoing recovery efforts for the company, which is still grappling with the fallout from a $3 billion payout after pleading guilty to money laundering and failing to prevent illegal transactions. Some of the locations were reported earlier by local publications, including the Philadelphia Business Journal.

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Ford’s self-driving cars will be available on Lyft’s platform in Miami and Austin

The Verge

Lyft customers in Miami will be able to hail a robotaxi from Argo AI, an AV startup backed by Ford and Volkswagen, by the end of the year, the companies announced Wednesday. For years, Ford promised that it would launch a full-scale autonomous vehicle business, including robotaxis and driverless delivery, by 2021.

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Miami startup Asteya launches to provide ‘income insurance’

TechCrunch

Asteya , a Miami-based disability insurance startup that is geared toward small business owners and gig workers, launched today with a seed round of $10 million. In today’s changing workforce, many of these people are small business owners and gig or freelance workers. Why VCs are dumping money into insurance marketplaces.

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Miami twins raise $18M for Lula, an insurance infrastructure upstart

TechCrunch

Lula , a Miami-based insurance infrastructure startup, announced today it has raised $18 million in a Series A round of funding. Existing backers such as Nextview Ventures and Florida Funders also put money in the round, in addition to a number of insurance and logistics groups such as Flexport.

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Extra Crunch roundup: first-check myths, Miami relocation checklist, standout SaaSy startups

TechCrunch

How has it managed to not raise money for so long? Cities like Miami, Pittsburgh and Austin have been drawing talent and wealth from Silicon Valley for years, but the COVID-19 pandemic accelerated the trend. Last week, Vise raised its Series C of $65 million and was officially valued at $1 billion post-money.

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a16z now wants to manage the money of the entrepreneurs it backs

TechCrunch

Both Iconiq Capital and Sequoia Capital offer money management services. Meanwhile, Sequoia’s business unit, Sequoia Heritage, was formed in 2010 and currently manages $16.4 As Bloomberg notes , wealth management can be a hugely profitable venture once the money comes in the door. billion, according to Bloomberg.

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Finally takes in $95M in equity, debt to roll out lending for small businesses

TechCrunch

Felix Rodriguez’s family is from the Dominican Republic, and he watched his aunts and uncles come to the United States and create their own businesses. However, he noticed that not all small businesses were on a level playing field when it came to bookkeeping and working capital.