The potential reach for nonbank payments providers who leverage this provision in the FedNow legal terms could be significant.
Pan-African contrarian investor P1 Ventures reaches $25M first close for its second fund
P1 Ventures has reached the first close of its second fund at $25 million. It expects to reach a final close early next year.
Despite the ups and downs of the fintech space, people still really care about it
Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange …
As Robinhood eyes global expansion, CEO says: ‘We’ve made a lot of progress’
Ten years ago, Robinhood was founded to “democratize” stock trading, or more simply, to make it more accessible for anyone to trade stocks. Over time, …
After cutting ties with Binance, Checkout.com says crypto companies are about 4% of its total processing volume
Credit cards payment processor Checkout.com views crypto as a meaningful space for merchant relationships but needs to continue to focus on regulatory growth, according to …
6 surveys that will get you prepped for Disrupt
Just in case you’re wondering what’s happening in the sectors our team’s going to talk about at Disrupt, we’ve put together a handy primer of …
ZayZoon, which lends employees money for a fee, raises $34.5M
ZayZoon, a fintech firm that got its start charging employees $5 to get paid sooner, has raised $34.5 million in a Series B round co-led …
Real estate tech companies continue to get hammered by high mortgage rates
Once valued at over $2 billion, rent-to-own startup Divvy Homes conducted its third round of layoffs in a year’s time.
Alza emerges from stealth to offer affordable and inclusive financial tools to immigrants
Arturo Villanueva spent over four years on Stripe’s financial partnerships team. During that time, he led partnerships with Visa, Mastercard, American Express, and regional banks across …
CertifID, which develops products to prevent wire fraud, raises $20M
CertifID, a startup developing fraud prevention tech for the real estate market, today announced that it raised $20 million in a funding round led by …