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Month: September 2022

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Posted on September 16, 2022 by: admin

Payall lands $10M in a16z-led seed round to help banks facilitate more cross-border payments

When financial institutions want to offer a debit card or credit card, they hire an issuing processor to help them with those services. When they …

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Posted on September 15, 2022 by: admin

Construction tech startup Kojo rebrands, expands and lands $39M in Series C funding

Kojo, a startup that aims to help construction companies in the U.S. manage their materials supply chains “seamlessly,” has raised $39 million in a Series …

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Posted on September 15, 2022 by: admin

Kaszek, YC back DolarApp’s mission to ‘dollarize’ Latin America’s finances with crypto

When DolarApp founders Zach Garman, Álvaro Correa and Fernando Terrés were living in the United States and Europe, they would spend time in Latin America, …

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Posted on September 15, 2022 by: admin

Fintech startup Power flexes its credit card muscle following $316M equity, debt injection

Power, a fintech infrastructure startup, is now kicking off its full-stack credit card issuance platform after a year in stealth mode and with $16.1 million …

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Posted on September 14, 2022 by: admin

Southeast Asian fintech Fazz raises $100M Series C to serve businesses of all sizes

Fazz, the Southeast Asian digital financial services group created by the merger of PayFazz and Xfers, announced today that it has raised a total of …

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Posted on September 14, 2022 by: admin

Lease-to-own fintech startup Kafene raises $18M to battle BNPL

Kafene, a lease-to-own startup aimed at underbanked consumers who don’t have access to traditional credit, raised $18 million in a Series B funding round. While …

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Posted on September 14, 2022 by: admin

Pakistan’s Neem raises $2.5M to serve underbanked communities with its embedded finance platform

Pakistan’s embedded finance platform Neem has raised $2.5 million in a seed funding round as it works to support underbanked communities in the country. The …

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Posted on September 12, 2022 by: admin

Regulators appear to be growing increasingly wary of banks and fintech startups getting too cozy

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 …

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Posted on September 9, 2022 by: admin

Let’s get in the weeds about fintech AUM

UBS and Wealthfront last week called off a planned deal to sell the robo-adviser startup to the financial giant for $1.4 billion. Instead, UBS invested …

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Posted on September 8, 2022 by: admin

Here’s where YC’s latest batch of founders are placing fintech bets

Y Combinator’s latest cohort of founders have opinions on the future of fintech. One-fifth of the accelerator’s Summer 2022 batch, which spans 240 companies, is …

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