Senate Banking chair urges FDIC to look into Tellus, a fintech backed by Andreessen Horowitz
Tellus, an Andreessen Horowitz-backed fintech company that claims it can offer people higher yields on their savings balances by using that money to fund certain U.S. single-family-home loans, is under…
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Meet Liquido, which aims to be the ‘Stripe of LatAm’ — but with even bigger ambitions
The ability to offer businesses more ways to accept digital payments is crucial globally, but merchants’ specific needs typically differ based on geography. In recognition of those nuances, Liquido has…
Read More »Green-Got is a neobank for climate-conscious customers
French startup Green-Got is building an alternative to your traditional bank account with a focus on climate change. Essentially, Green-Got guarantees that your savings and the money that is sitting…
Read More »Finix becomes a payments processor, heating up its competition with Stripe
Payments infrastructure startup Finix has slowly been taking swipes at Stripe, first becoming a facilitator, and now becoming a processor. Finix said today it now is directly connected to all major…
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Spend management space sees a large raise, and layoffs, in the same week
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,…
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Muslims come into the frame in Southeast Asia’s fintech boom
Founded in 2014, Blossom Finance was first intended for Muslim entrepreneurs in the United States. The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. But…
Read More »Korean fintech Kakao Pay to acquire majority stake in US brokerage firm Siebert
Kakao Pay, the online payment service of South Korean messaging and internet giant Kakao, announced that it has acquired a stake in Siebert Financial, a brokerage firm based in New…
Read More »Founded by Adyen and Affirm alums, Ansa aims to help merchants create virtual wallets for customers
Having the ability to load up a digital wallet to pay for goods and services at businesses you frequent, and then earn rewards for those purchases, would be convenient and…
Read More »Smile Identity expands African footprint with acquisition of Appruve to strengthen ID verification services
Smile Identity, a KYC compliance and ID verification partner for many African fintechs and businesses, has acquired Inclusive Innovations, the parent company of Appruve, a Ghanaian developer of identity verification…
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TC+ roundup: Pitch coaching from 5 VCs, Black founder funding options, 3 fintech flubs
Based on my conversations last week at TechCrunch Early Stage, VCs are very open to first-time founders who can demonstrate more than just enthusiasm. But deal-making is idiosyncratic: A few…
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