QED closes on $925M to back fintech startups globally
QED Investors today announced the closing of two new funds totaling $925 million, capital that it will be using to back early-stage financial technology startups, as well as growth rounds…
Read More »Daylight, the LGBTQ+ neobank, calls it quits
Daylight, an LGBTQ+ banking platform, is shutting down. Its operations will cease on June 30, according to embattled co-founder and CEO Rob Curtis. The announcement comes months after NY Magazine…
Read More »Anthemis targets $200M for new fund after layoffs and canceled SPAC
Anthemis Group is trying to raise $200 million for a third fund, according to an SEC filing, as first reported by Axios. It has been in the market since last…
Read More »
Venmo targets young consumers and parents with new teen accounts and debit card
Venmo announced today that it’s introducing teen accounts, allowing parents and legal guardians to open a Venmo account for their teenagers so they can send and receive money. The account,…
Read More »
This fintech segment saw a flurry of fundraises
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 a post on our site,…
Read More »Percent lands $30M investment to connect investors with private credit
In 2018, Nelson Chu founded Percent with the goal of bringing investors, borrowers and underwriters together to modernize private credit. Seeing an opportunity to tackle the lack of risk management…
Read More »
Landlord-focused insurtech Obie lands $25.5M led by Battery Ventures
Obie, a real estate-focused insurance technology company, has raised $25.5 million in a funding round led by Battery Ventures. Since the company’s last raise — a $10.4 million Series A…
Read More »
Jia, a blockchain-based lender of small businesses in emerging markets, raises $4.3 million seed
Jia, a blockchain-based fintech providing loans to micro and small businesses in emerging markets, has raised $4.3 million seed funding, and an additional $1 million commitment for on-chain liquidity, in…
Read More »How our fintech startup became SEC-compliant
Boris Dus Contributor Share on Twitter Boris Dus is co-founder and CEO of Gainy, an investment app. After the recent failures of financial institutions like FTX and Silicon Valley Bank,…
Read More »
Procurement platform Zip raises $100M at a $1.5 billion valuation
The business of platforms for purchasing goods and services — in other words, procurement — is alive and well. Case in point, Zip, a startup developing procurement software, yesterday announced…
Read More »
