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Bench burned through $135 million before shutting down

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A clearer picture of Bench’s downfall is emerging thanks to newly-released bankruptcy filings. The records show that the Canada-based startup, which ironically enough offered cloud...
Tech for Business

Failed fintech startup Bench racked up over $65 million in debt, documents reveal

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Bench, the accounting startup that imploded over the holidays, filed for bankruptcy in Canada on January 7 revealing massive debts, documents seen by TechCrunch...
Tech for Business

Why some former Bench customers are not happy

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Welcome to TechCrunch Fintech!  This week, we’re looking at the latest with embattled fintech Bench, Robinhood’s $45 million settlement, a couple of M&A deals, some...
Tech for Business

Bench customers are now being forced to hand over their data or risk losing it, they say

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After accounting startup Bench abruptly shut down on December 27 and was bought in a fire-sale by Employer.com, Bench customers are now learning they...
Tech for Business

What the heck happened at fintech Bench?

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Welcome to TechCrunch Fintech! It’s good to be back.  This week, we’re looking at the wild ride that was Bench’s shutdown and acquisition; dozens of...
Tech for Business

Employer.com offers to buy failed fintech Level, a week after it makes offer for Bench

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Employer.com has offered to acquire Level, a fintech startup that just last week abruptly shut down after failing to find a buyer, according to...
Tech for Business

Inside the wild fall and last-minute revival of Bench, the VC-backed accounting startup that imploded over the holidays

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Friday, December 27, was supposed to be the start of a relaxing holiday weekend. But it was chaos for thousands of small business owners who...
Tech for Business

Bench saved by the bell, and other last-minute deals that closed 2024

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Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every...
Tech for Business

Bench to be acquired, after abrupt shut down

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Bench, the VC-backed accounting startup that left thousands of customers locked out of their accounts after it suddenly shut down last week, will be...
Tech for Business

Bench shuts down, leaving thousands of businesses without access to accounting and tax docs

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Bench, a Canada-based accounting startup that offered software-as-a-service for small and medium businesses, has abruptly shut down, according to a notice posted on its...
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