Real estate tech companies continue to get hammered by high mortgage rates

Once valued at over $2 billion, rent-to-own startup Divvy Homes conducted its third round of layoffs in a year’s time.

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Alza emerges from stealth to offer affordable and inclusive financial tools to immigrants

Arturo Villanueva spent over four years on Stripe’s financial partnerships team. During that time, he led partnerships with Visa, Mastercard, American Express, and regional banks across Latin America, struck strategic deals…

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CertifID, which develops products to prevent wire fraud, raises $20M

CertifID, a startup developing fraud prevention tech for the real estate market, today announced that it raised $20 million in a funding round led by Arthur Ventures at “over double”…

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Finding business opportunity in startup failure

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. if you want to receive The Interchange directly in your inbox every…

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Fintech faces its reckoning: It’s only a matter of time until the house of cards collapses

The fintech business models that wooed consumers look increasingly tenuous. It’s only a matter of time until the house of cards collapses.

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Square says it has resolved daylong outage

Fintech giant Square says its services are coming back online after a daylong outage left small business owners unable to process payments. The Block-owned company had, up until Friday morning…

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Firstcard raises seed funding to help college students build better credit

Kenji Niwa, an immigrant entrepreneur, experienced the challenges of getting financial products, including a credit card, without a credit history when he moved to the U.S. in 2017 to get…

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Inside Rent Butter: Why credit scores shouldn’t tell the whole story

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. As we head into a long holiday weekend here in the…

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All that fintech investment had a real impact on banking penetration in Latin America

When a group of startups works on a similar set of problems, they frequently bring about massive shifts in how day-to-day life is lived.

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MoonPay launches venture arm to invest in web3 infra, gaming and fintech

Web3 infrastructure firm MoonPay has launched an investment arm that will focus on early-stage startups in web3, gaming and adjacent fintech categories, TechCrunch has exclusively learned. The investment arm, dubbed…

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