Fintech

Amazon Pay taps Affirm to be its first buy now, pay later player in the US

Affirm has become the first buy now, pay later player to be added to Amazon Pay, the two companies announced today. As part of the new partnership, any Amazon Pay merchants in the U.S. can now choose

Mosaic raises $26M to help inform companies’ financial decisions

Typical financial planning and analysis teams spend the bulk of their time on data-gathering and administering processes. That’s because they often have to deal with cumbersome systems and softw

FedNow instant payments are about to unlock fintech investment opportunities

The Fed’s initiative has opened up a window for innovation, the effects of which could be realized as early as next year.

Inside Stripe’s latest moves

Welcome back to The Interchange! If you want this in your inbox, sign up here. While there is always a lot going on in the world of fintech, this week felt a little subdued overall — at least when

Okay startup names and why fintech is rebounding

Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Mary Ann and

Fintech giant Stripe is getting into the credit game

Stripe wants to make it easier for businesses to access credit. The private financial infrastructure giant announced a new charge card program today from Stripe Issuing, its commercial card issuing pr

Revolut alums raise millions for Vault, a startup offering banking services to Canadian SMBs

Vault, an online banking platform serving small-to-medium sized business (SMBs) in Canada, is launching to the public today after raising $3.7 million in seed funding. Founded in late 2021 by Saud Azi

Okay, which analyzes engineers’ productivity, sells to Stripe

Fintech giant Stripe has acquired Okay, a startup that developed a low-code analytics software to help engineering leaders better understand how their teams are performing, the companies told TechCrun

SecureSave’s secret weapon: Suze Orman

Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single pe

Vartana lands a $20M investment to scale its sales closing platform

Vartana, a business-to-business (B2B) sales closing and financing platform, today announced that it raised $20 million in a Series B funding round led by Activant Capital with participation from Mayfi

NomuPay, formed from pieces of failed fintech Wirecard, says it’s raised $53.6M for cross-border payments

We still see regular updates on the calamitous fallout of the 2020 collapse of Wirecard, the now-insolvent fintech out of Germany that had built an elaborate house of cards on false accounting and mur

Klarna’s Q1 results show that the fintech unicorn’s turnaround is in full swing

Klarna managed to nab market share in a contracting market, keeping its own growth story afloat despite stiff headwinds.

QED Investors says pace of investing from new funds will be ‘extremely disciplined’

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive

Pitch Deck Teardown: Faye’s $10M Series A deck

Here's a full teardown of Faye's 19-slide pitch deck with which it raised a $10 million Series A round.

Indonesia’s Skorlife gets funding to give Indonesians power over their credit scores

Skorlife, the fintech that wants to give Indonesians more transparency into their credit scores, has raised $4 million in seed funding. The round was led by Hummingbird Ventures, with participation fr

OpenFin’s attack on the ‘toggle tax’ in financial apps secures it a $35M Series D round

Not unlike a post-internet-era Bloomberg Terminal, OpenFin was a startup that joined the revolutionary world of user interfaces to fast-moving information back in 2010. If you cast your mind back, tho

Episode Six raises $48M to streamline payment processes

Austin, Texas–based Episode Six, a payments and banking infrastructure provider, today announced that it raised $48 million in a Series C funding round led by Avenir with participation from Anthos C

QED closes on $925M to back fintech startups globally

QED Investors today announced the closing of two new funds totaling $925 million, capital that it will be using to back early-stage financial technology startups, as well as growth rounds for later st

Daylight, the LGBTQ+ neobank, calls it quits

Daylight, an LGBTQ+ banking platform, is shutting down. Its operations will cease on June 30, according to embattled co-founder and CEO Rob Curtis.  The announcement comes months after NY Magazine pu

Anthemis targets $200M for new fund after layoffs and canceled SPAC

Anthemis Group is trying to raise $200 million for a third fund, according to an SEC filing, as first reported by Axios. It has been in the market since last year and has so far secured commitments of
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