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,…
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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…
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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…
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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,…
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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…
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Jenfi raises more funding for its ‘growth capital as a service’ platform
Jenfi, a “growth-capital-as-a-service” platform, can provide online businesses with revenue-based financing in as little as a day. The Singapore-based startup announced today it has raised $6.6 million in pre-Series B…
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Fintech startup Brex was among the bidders for SVB’s early-stage and growth portfolios
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 »Venture-backed everything for real-world problems, please
Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Mary Ann, Natasha and Alex are closing out another news-filled week…
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