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Year: 2023

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Posted on May 3, 2023 by: admin

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 …

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Posted on May 1, 2023 by: admin

Spend management space sees a large raise, and layoffs, in the same week

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 …

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Posted on April 28, 2023 by: admin

Muslims come into the frame in Southeast Asia’s fintech boom

Founded in 2014, Blossom Finance was first intended for Muslim entrepreneurs in the United States. The microfinancing platform connects investors with small businesses using mudarabah, …

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Posted on April 28, 2023 by: admin

Korean fintech Kakao Pay to acquire majority stake in US brokerage firm Siebert

Kakao Pay, the online payment service of South Korean messaging and internet giant Kakao, announced that it has acquired a stake in Siebert Financial, a …

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Posted on April 27, 2023 by: admin

Founded by Adyen and Affirm alums, Ansa aims to help merchants create virtual wallets for customers

Having the ability to load up a digital wallet to pay for goods and services at businesses you frequent, and then earn rewards for those …

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Posted on April 27, 2023 by: admin

Smile Identity expands African footprint with acquisition of Appruve to strengthen ID verification services

Smile Identity, a KYC compliance and ID verification partner for many African fintechs and businesses, has acquired Inclusive Innovations, the parent company of Appruve, a …

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Posted on April 26, 2023 by: admin

TC+ roundup: Pitch coaching from 5 VCs, Black founder funding options, 3 fintech flubs

Based on my conversations last week at TechCrunch Early Stage, VCs are very open to first-time founders who can demonstrate more than just enthusiasm. But …

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Posted on April 26, 2023 by: admin

Fintech-focused VC firm Anthemis Group lays off 28% of staff as part of restructuring

Anthemis Group has completed restructuring that resulted in its letting go of 16 employees, or about 28% of its employees, earlier this year, the fintech-focused …

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Posted on April 25, 2023 by: admin

Shopify adds direct bill payments in bid to be a single-stop fintech for merchants

Shopify has teamed up with Israeli B2B payments startup Melio to launch a new bill pay tool designed to allow U.S.-based merchant customers to manage …

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Posted on April 24, 2023 by: admin

Early-stage fintech startups just got a new funding source

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 …

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