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Ex-Stripe founder raised seed of $4M led by Accel for FinTech Beam

Eagle believes Beam differs in that Briq is more focused on building tools for large enterprises to automate their billing process. common refrain in the construction industry is that most contractors are forced to complete projects before getting paid, often having to pay for material and labor out of pocket.

Revolut teams up with Beam to bring crowdfunding for homeless

It’s now teaming up with fintech unicorn Revolut to allow users to donate directly to homeless people through the Revolut app, making it the first U.K. homelessness organization added to the Revolut Donations feature. Revolut users will now be able to donate to Beam, help homeless people raise funds for training, work tools, travel costs, childcare or rental deposits, directly through the app. Beam says it has since raised £3.2 million from members of the public and supported more than 850 homeless people into stable jobs and homes by matching them with ethically-checked landlords and employers. Funds donated to Beam through Revolut Donations are distributed equally between Beam’s beneficiaries.