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Year: 2023

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Posted on April 21, 2023 by: admin

Vesey Ventures closes on $78M debut fund to back early-stage fintech startups

After working together for nearly one decade, three former managing directors of Amex Ventures in early 2022 branched out to form their own fintech-focused venture …

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Posted on April 20, 2023 by: admin

There was just one fintech unicorn minted in the first quarter

Global fintech funding totaled $15 billion in the first quarter of this year, growing 55% from the fourth quarter, according to CB Insights’ latest State …

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Posted on April 17, 2023 by: admin

A nine-figure raise in fintech? Oh my

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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Posted on April 13, 2023 by: admin

This fintech startup ideally wants to be ‘a lot more boring’ than Robinhood

Soon after launching Ocho, a startup offering personal finance support for business owners, Ankur Nagpal realized that the company’s debut product — a solo 401(k) …

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Posted on April 13, 2023 by: admin

Lending startup Kala is helping Latin American banks more easily offer credit

Small businesses in Latin America got another boost in lending support with the investment of $4 million in Kala, a Colombia-based company building fintech infrastructure …

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Posted on April 12, 2023 by: admin

Fintech startup Clear Street raises $270M at a $2B valuation

Clear Street, which says it is building “modern infrastructure” for capital markets, has raised $270 million in the second tranche of a Series B funding …

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Posted on April 6, 2023 by: admin

Hyve gets a buzz going for its new social savings app

Hyve’s money app is targeting Gen Z and young millennials with a way to pay down debt, save and invest with the help of friends …

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Posted on April 5, 2023 by: admin

SEC charges founder of financial aid startup Frank with defrauding JPMorgan

The U.S. Securities and Exchange Commission has charged Charlie Javice, the founder of student financial aid startup Frank, with fraud in connection with the $175 …

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Posted on April 4, 2023 by: admin

Acorns acquires UK’s GoHenry, a fintech focused on 6- to 18-year-olds

U.S.-based savings and investing startup Acorns has acquired London-based GoHenry, a startup focused on providing money management and financial education services to 6- to18-year-olds in …

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Posted on April 4, 2023 by: admin

Sequoia-backed Zamp Finance makes it easier for businesses to invest in US Treasury Bills

Amit Jain, the former head of Uber’s Asia Pacific division, revealed his new venture, Zamp Finance, that aims to simplify the process for businesses to …

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