With the market having changed dramatically since the heyday of 2021’s venture funding boom, fintech valuations have largely shifted accordingly. With only a few exceptions, …
Karat, a startup building financial tools for content creators, raises $70M
Despite earning six-to-seven-figure-a-year incomes, many content creators are denied the capital they need to expand their businesses. The reasons vary, but most are relatively young …
What’s going on with Greenwood and The Gathering Spot?
When Greenwood, a neobank that courts Black and Latino customers, acquired The Gathering Spot last year — a networking and coworking club that targets similar …
Runway lands $27.5M to streamline financial planning for businesses
Siqi Chen, the former president of Sandbox VR, the brick-and-mortar VR experience franchise, didn’t always have a strong grasp of finance. And it’s something he …
The fintech funding slump, by the numbers
Welcome back to The Interchange! If you want this in your inbox, sign up here. When it came to fintech news, we saw a pretty sluggish first …
QED leads $7M round into startup that offers financing to SaaS businesses across US-South Asia corridor
There are a number of companies in the U.S. that offer revenue-based financing to SaaS companies, including Capchase, Pipe, Founderpath and Arc. But the options …
Pipe co-founder raises $6M for CapStack, a bank-to-bank marketplace aimed at ‘de-riskifying portfolios’
CapStack, a startup formed by Pipe co-founder Michal Cieplinski, has raised $6 million toward its effort to build an integrated operating system for banks. In …
Defacto gets new credit facility to provide instant financing to small companies
French startup Defacto has closed a new securitization fund that will be used to provide short-term loans to small and medium enterprises via an embedded, …
Jirav, a startup developing financial planning software for businesses, raises $20M
After years of working for startups, including Limeade and Zephyr Health, Martin Zych came to realize that companies were lacking an automated, cloud-based way to …
Collective, a financial management platform for freelancers, raises $50M
Collective, a platform and advisory team that provides bookkeeping, payroll and tax advice to freelancers, today announced it raised $50 million in a funding round …