Fintech-focused VC firm Anthemis Group lays off 28% of staff as part of restructuring
Anthemis Group has completed restructuring that resulted in its letting go of 16 employees, or about 28% of its employees, earlier this year, the fintech-focused venture firm has confirmed to…
Read More »Shopify adds direct bill payments in bid to be a single-stop fintech for merchants
Shopify has teamed up with Israeli B2B payments startup Melio to launch a new bill pay tool designed to allow U.S.-based merchant customers to manage their expenses and vendors via…
Read More »
Early-stage fintech startups just got a new funding source
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 »Vesey Ventures closes on $78M debut fund to back early-stage fintech startups
After working together for nearly one decade, three former managing directors of Amex Ventures in early 2022 branched out to form their own fintech-focused venture firm, Vesey Ventures. The trio…
Read More »
There was just one fintech unicorn birth in the first quarter
Global fintech funding totaled $15 billion in the first quarter of this year, growing 55% from the fourth quarter, according to CB Insights’ latest State of Fintech report. While this…
Read More »A nine-figure raise in fintech? Oh my
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 »This fintech startup ideally wants to be ‘a lot more boring’ than Robinhood
Soon after launching Ocho, a startup offering personal finance support for business owners, Ankur Nagpal realized that the company’s debut product — a solo 401(k) retirement account — “is not…
Read More »
Lending startup Kala is helping Latin American banks more easily offer credit
Small businesses in Latin America got another boost in lending support with the investment of $4 million in Kala, a Colombia-based company building fintech infrastructure for lending. The company, co-founded…
Read More »
Fintech startup Clear Street raises $270M at a $2B valuation
Clear Street, which says it is building “modern infrastructure” for capital markets, has raised $270 million in the second tranche of a Series B funding round at a $2 billion…
Read More »
Hyve gets a buzz going for its new social savings app
Hyve’s money app is targeting Gen Z and young millennials with a way to pay down debt, save and invest with the help of friends and family. The social finance…
Read More »
