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Year: 2023

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Posted on August 23, 2023 by: admin

Fintech startup Ramp raises $300M at a 28% lower valuation of $5.8B

Fintech startup Ramp has raised $300 million in a funding round co-led by existing backer Thrive Capital and new investor Sands Capital at a post-money …

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Posted on August 22, 2023 by: admin

Zanifu raises $11.2M to scale its inventory financing offering in Kenya

Zanifu, a Kenyan fintech providing inventory financing to micro, small and medium-sized businesses, has raised $11.2 million in debt-equity funding in a pre-Series A round …

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Posted on August 21, 2023 by: admin

A tale of two payments companies

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. There was plenty going on as usual — …

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Posted on August 19, 2023 by: admin

TechCrunch+ Roundup: Reaching $1M ARR, tech job market rundown, women-led VC firms

A recent PitchBook study that surveyed founders from top accelerators found that they are generally interested in just three things: Learning how to operate a …

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Posted on August 18, 2023 by: admin

6 fintech investors sound off on AI, down rounds and what’s ahead

At the height of the funding boom in 2021, no single sector enjoyed as much VC money as fintech startups did. But in 2023, it …

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Posted on August 17, 2023 by: admin

Armed with new execs, dLocal rebounds from a short seller attack in a big way

Uruguayan fintech company dLocal saw its stock surge by over 30% on Wednesday on the news that the payments outfit had tapped former Mercado Libre …

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Posted on August 17, 2023 by: admin

BNPL vendor Splitit moves to go private in exchange for fresh funds

As the buy now, pay later (BNPL) market continues on its slow decline, one of the major players, Splitit, is embarking on an effort to …

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Posted on August 17, 2023 by: admin

Peak XV eyes $50M investment in former Edelweiss executives’ Neo

Peak XV Partners is in advanced stages of deliberations to lead or fully finance a funding round in Neo Group, an asset management and financial …

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Posted on August 16, 2023 by: admin

Finofo secures funding to challenge traditional forex with automated solution

Exchange rate volatility has long been a major headache for cross-border businesses. Historically, companies have sought protection by purchasing foreign exchange (FX) insurance or options, …

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Posted on August 15, 2023 by: admin

Brex expands into group events while Mesh Payments moves into travel

As the spend management space continues to get more competitive, the various players seem to be constantly iterating to add new features to their products. …

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