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Posted on July 27, 2023 by: admin

Shopify expands into credit cards as it pushes further into the fintech space

Shopify has entered the credit card game. The commerce giant announced today that it is offering Shopify Credit, a business credit card designed exclusively for …

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Posted on July 26, 2023 by: admin

Jeeves hits over $40M in annualized revenue as it expands beyond corporate credit cards

In September of 2021, Jeeves began offering corporate credit cards as its primary product — with a primary focus on Latin America — after participating …

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Posted on July 24, 2023 by: admin

FedNow may finally be live, but will it be too costly for businesses to adopt?

Welcome to The Interchange! If you want this in your inbox, sign up here. It was an event-filled week in the fintech world, what with …

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Posted on July 22, 2023 by: admin

FedNow is finally live in the US

The U.S. government’s instant payment system, FedNow Service, went live this week.  Here’s a quick refresher on what that is: FedNow is an instant payment …

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Posted on July 22, 2023 by: admin

Q2 fintech funding: LatAm, Caribbean more than doubles while payments takes a big hit

CB Insights released its Q2 State of Fintech report last week, and unsurprisingly, global funding in the space was down — plunging by nearly half …

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Posted on July 20, 2023 by: admin

Fintech valuations have fallen. Where do they go from here?

With the market having changed dramatically since the heyday of 2021’s venture funding boom, fintech valuations have largely shifted accordingly. With only a few exceptions, …

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Posted on July 20, 2023 by: admin

Karat, a startup building financial tools for content creators, raises $70M

Despite earning six-to-seven-figure-a-year incomes, many content creators are denied the capital they need to expand their businesses. The reasons vary, but most are relatively young …

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Posted on July 19, 2023 by: admin

What’s going on with Greenwood and The Gathering Spot?

When Greenwood, a neobank that courts Black and Latino customers, acquired The Gathering Spot last year — a networking and coworking club that targets similar …

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Posted on July 18, 2023 by: admin

Runway lands $27.5M to streamline financial planning for businesses

Siqi Chen, the former president of Sandbox VR, the brick-and-mortar VR experience franchise, didn’t always have a strong grasp of finance. And it’s something he …

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Posted on July 17, 2023 by: admin

The fintech funding slump, by the numbers

Welcome back to The Interchange! If you want this in your inbox, sign up here. When it came to fintech news, we saw a pretty sluggish first …

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