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Year: 2022

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Posted on December 3, 2022 by: admin

India’s KreditBee raises $80 million from Azim Premji’s Premji Invest, Motilal Oswal Alternates, among others

The digital loans business in India has been the subject of a lot of controversy, not least for over-predatory and un-transparent practices, yet that’s existed …

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Posted on December 2, 2022 by: admin

X1 gets 50% valuation boost, aims to give consumers a way to buy stocks via credit card reward points

X1, a consumer fintech startup which recently launched an income-based credit card to the public, has raised an additional $15 million in funding.  This round …

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Posted on December 1, 2022 by: admin

Spend management platform Teampay expands partnership with Mastercard, raises $47M

In 2016, Andrew Hoag, formerly a senior manager at Verisign and a web project lead at NASA’s Ames Research Center, founded Teampay, a platform that …

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Posted on November 30, 2022 by: admin

CRED acquires CreditVidya

CRED is acquiring CreditVidya, a SaaS startup that helps firms underwrite first-time borrowers, in the latest of a series of investments from the Bengaluru-headquartered fintech …

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Posted on November 29, 2022 by: admin

As Pipe’s founding team departs, tensions rise over allegations

On November 22, alternative financing startup Pipe announced that its three co-founders were stepping down from their executive roles and that a search for a …

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Posted on November 29, 2022 by: admin

AirTree and Greycroft return to lead Australian regtech FrankieOne’s Series A+

FrankieOne, a Melbourne-based startup that provides an API platform for identity verification and fraud detection, said it has added $23 million AUD (about $15.4 million …

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Posted on November 25, 2022 by: admin

Atoa helps UK merchants cut down on card processing fees

Visa and Mastercard payments are convenient for customers, but can cost merchants high processing fees. Atoa Payments wants to provide a cheaper alternative that is …

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Posted on November 23, 2022 by: admin

Pipe’s founding team stepping down as hunt for ‘veteran’ CEO begins

The three co-founders of alternative financing startup Pipe are stepping down from their roles as executives of the company in one of the most dramatic …

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Posted on November 23, 2022 by: admin

Taktile raises $20M to help fintech companies test and deploy decision-making models

The logic behind many fintech companies’ automated decisions — decisions that determine whether a customer is approved for a credit line, for example — is …

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Posted on November 21, 2022 by: admin

The backlog of IPOs in fintech keeps growing as valuations continue their retreat, report says

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 as …

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