richie serna

Finix becomes a payments processor, heating up its competition with Stripe

Payments infrastructure startup Finix has slowly been taking swipes at Stripe, first becoming a facilitator, and now becoming a processor. Finix said today it now is directly connected to all major U

Finix goes head-to-head with Stripe

Welcome to The Interchange, a take on this week’s fintech news and trends. To get this in your inbox, subscribe here. We’ve all been keeping up with the recent drama of Stripe vs. Plaid. Rather th

Synctera raises $33M Series A to pair fintechs with banks

Synctera, which aims to serve as a matchmaker for community banks and fintechs, has raised $33 million in a Series A round of funding led by Fin VC. The raise comes just under six months after the fin

Fintech startup Finix closes on $3M in Black and Latinx investor-led SPV

Many founders talk about their desire for a more diverse investor base. Richie Serna took that desire and made it a reality. Serna, who founded payments infrastructure startup Finix in 2016, had raise

In a post-NDA world, does transparency help founders identify conflicts of interest?

Once upon a time, fintech founders could pitch 10 investors before closing a round in a relatively hushed way. Entrepreneurs could even ask VCs to sign nondisclosure agreements (NDAs) to keep their in