It’s too early to determine whether SVB’s downfall heralds a new era for venture capital, but based on anecdotal evidence, off-the-record discussions and chats with …
Indonesia’s Broom builds out automated asset-backed lending for used car dealers
The Indonesian used car market is on a course for growth fueled by a number of trends: the increasing digitization in used car sales; a larger …
Mercury expands FDIC insurance up to $3M through new Vault product
Mercury, a startup that provides banking services for other startups, is offering customers expanded FDIC insurance of up to $3 million via a new product …
We’re only beginning to see the impact of Silicon Valley Bank’s implosion
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 …
For fintechs in 2022, the bigger the exit, the larger the decline in value
While the public market correction has been widespread, tech and fintech stocks have seen the largest declines, according to a recent report. Specifically, the Fintech …
TC+ roundup: Silicon Valley Bank fails, fintech VC survey, B2B growth tools
No one can predict the follow-on effects of a moment like this. We are in uncharted territory. I write this twice-weekly newsletter on a tight …
Synctera raises $15M to help companies launch embedded banking products in Canada
Synctera, a banking-as-a-service startup, has raised an additional $15 million as it expands into Canada. NAventures, the corporate venture arm of National Bank of Canada, …
Better.com’s SPAC gets a lifeline but remains on life support
Digital mortgage lender Better.com’s SPAC deal with Aurora Acquisition Corp. recently got a new lease on life, extending its timeframe to close the transaction through …
7 investors reveal what’s hot in fintech in Q1 2023
The global downturn has impacted every sector, but fintech bore the brunt of it as public-market valuations fell off a cliff last year. However, it …
Banyan wants to unlock financing for a (more) sustainable future
When it comes to sustainable infrastructure development, technology is making terrific leaps and bounds. The money to make it happen, however? That leaves a thing …