Last year wasn’t an easy one for European fintech giant Klarna. The company saw its valuation being truncated in an $800 million funding round, and …
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 …
Pitch Deck Teardown: Faye’s $10M Series A deck
A year ago, Mike Butcher reported that Faye hopes to do for travel insurance what Lemonade did for general insurance, and that’s as good a …
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 …
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 which joined the revolutionary world of user interfaces to fast-moving information, back in 2010. If …
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 …
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, …
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 …
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 …
Venmo targets young consumers and parents with new teen accounts and debit card
Venmo announced today that it’s introducing teen accounts, allowing parents and legal guardians to open a Venmo account for their teenagers so they can send …