Zanifu, a Kenyan fintech providing inventory financing to micro, small and medium-sized businesses, has raised $11.2 million in debt-equity funding in a pre-Series A round …
A tale of two payments companies
Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. There was plenty going on as usual — …
TechCrunch+ Roundup: Reaching $1M ARR, tech job market rundown, women-led VC firms
A recent PitchBook study that surveyed founders from top accelerators found that they are generally interested in just three things: Learning how to operate a …
6 fintech investors sound off on AI, down rounds and what’s ahead
At the height of the funding boom in 2021, no single sector enjoyed as much VC money as fintech startups did. But in 2023, it …
Armed with new execs, dLocal rebounds from a short seller attack in a big way
Uruguayan fintech company dLocal saw its stock surge by over 30% on Wednesday on the news that the payments outfit had tapped former Mercado Libre …
BNPL vendor Splitit moves to go private in exchange for fresh funds
As the buy now, pay later (BNPL) market continues on its slow decline, one of the major players, Splitit, is embarking on an effort to …
Peak XV eyes $50M investment in former Edelweiss executives’ Neo
Peak XV Partners is in advanced stages of deliberations to lead or fully finance a funding round in Neo Group, an asset management and financial …
Finofo secures funding to challenge traditional forex with automated solution
Exchange rate volatility has long been a major headache for cross-border businesses. Historically, companies have sought protection by purchasing foreign exchange (FX) insurance or options, …
Brex expands into group events while Mesh Payments moves into travel
As the spend management space continues to get more competitive, the various players seem to be constantly iterating to add new features to their products. …
Disrupt is around the corner — Here are the fintech players taking the stage
In this week’s edition of The Interchange, we touch on the resilience of BaaS in a sometimes messy fintech space, earnings highlights, and much more. …