Marqeta has agreed to acquire two-year-old fintech infrastructure startup Power Finance for $223 million in cash, marking the first acquisition in the publicly traded company’s …
Walmart-backed PhonePe’s nine-month 2022 revenue surged to $234 million
PhonePe clocked a revenue of $234.3 million in the first nine months of 2022, the most valuable Indian fintech startup has disclosed in a filing. …
What’s Stripe’s deal?
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 …
Stripe eyes an exit, Dell bets on the cloud, and Shutterstock embraces generative AI
Hey, party people, it’s Kyle, continuing to step in for Greg to write Week in Review as he spends time with his newborn. Dunno about …
Report: Stripe tried to raise more funding at a $55B-$60B valuation
When payments giant Stripe raised $600 million at a $95 billion valuation in 2021, it made headlines for raising capital at the highest-ever valuation for …
Stripe eyes an exit over next 12 months
Fintech startup Stripe has set a 12-month deadline for itself to go public, either through a direct listing, or pursuing a transaction on the private …
Method raises $16M to power loan repayment, balance transfers and more across fintech apps
Method, a startup that aims to make it easier for fintech developers to embed repayment, balance transfers and bill pay automation into their apps, today …
European banks struggle with AI, while US banks lead the field, according to a new index
In the wake of a seminal wave of new artificial intelligence startups such as OpenAI, a new U.K. company claims it can track and rank …
Being the steady hand in market uncertainty with Sebastian Siemiatkowski from Klarna
Welcome back to Found, where we get the stories behind the startups. In this week’s episode Darrell and Becca are joined by Sebastian Siemiatkowski, the …
Sunfish’s technology wants to bring affordability to assisted reproduction
Sunfish, a new startup built by a former director at one of the oldest surrogacy and egg donation agencies in the world, has raised $4 …