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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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Posted on August 14, 2023 by: admin

Disrupt is around the corner — Here are the fintech players taking the stage

In this week’s edition of The Interchange, we touch on the resilience of BaaS in a sometimes messy fintech space, earnings highlights, and much more. …

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Posted on August 12, 2023 by: admin

It’s official: Better.com is going public

We didn’t think we’d see the day. Digital mortgage lender Better.com’s proposal to combine with Aurora Acquisition Corp. via a SPAC (special purpose acquisition) has …

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Posted on August 11, 2023 by: admin

Visa’s new head of fintech talks partnerships, venture and creators as an addressable market

The relationship between fintechs and incumbents has long been fraught with tension. But Marie-Elise Droga believes it doesn’t have to be this way. Droga joined …

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Posted on August 9, 2023 by: admin

Singapore wealth management platform Endowus raises $35M

Back in 2021 and early 2022, there was a flurry of VC interest in Southeast Asian investment apps. One of them was Singapore-based Endowus, which …

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Posted on August 9, 2023 by: admin

Chargeflow, which taps AI to fight chargebacks, raises $14M

Chargeflow, a startup using AI to fight chargeback fraud, today announced that it raised $11 million in a seed round led by the VC firm …

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Posted on August 7, 2023 by: admin

How a frugal approach helped land Lula more runway amid a market downturn

It was an eventful week in fintech startup land, and we did our best to capture the highlights. We covered some raises, new product lines, …

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Posted on August 5, 2023 by: admin

SEC ends investigation into Better.com, which continues to bleed cash ahead of planned SPAC vote

The U.S. Securities and Exchange Commission (SEC) said it does not intend to recommend an enforcement action against digital mortgage lender Better.com. The pronouncement comes …

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