Ntropy, a company offering an API that enriches transaction data for financial services businesses, today announced that it raised $11 million in a Series A …
Brex, valued at $12.3B earlier this year, lays off 11% of staff as part of restructuring
Corporate spend management startup Brex has laid off 136 people, or 11% of its staff, across all departments as part of a restructuring, the company …
Only 72 hours left to save hundreds on TC Sessions: Crypto passes
You have more than a month before Miami heats up for TC Sessions: Crypto on November 17, but you have only three days left until …
Jiko banks $40M in Series B funding to offer companies a way to park their cash in T-bills
Jiko started its life as a mobile bank for consumers. But over time, the fintech startup has evolved its model — mostly fueled by demand …
Fiserv, LG back Korea Credit Data as the SME-focused fintech startup raises another $24.7M
In South Korea, there are about 7.3 million small and medium-sized enterprises (SMEs) — defined as firms with less than 250 employees. Their workforces combined …
Railsr, the fintech formerly known as Railsbank, raises $46M
Embedded banking has been on a growth tear in the last several years as companies turned to APIs to embed financial services like credit, payments and …
South African startup Talk360’s seed funding hits $7M after new backing
Months after the initial close of its seed round, Talk360, a South African Voice over Internet Protocol (VoIP) startup, has raised an additional $3 million, …
Despite the venture slowdown, fintech startups are still hiring
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 …
Why build a fintech any more when you can just raise €20M and white-label it to banks?
Financial institutions have struggled to develop their own technologies, hence the rise of neo-banks which used Open Banking regulations to build their own fintech stacks. …
Inside the human cost of Better.com’s brutal layoffs
Digital mortgage lender Better.com continues to lay off staff, and seemingly in as callous a way as possible. Indeed, whereas most companies try to avoid …