Social investment platform eToro to acquire fintech startup Gatsby for $50M
Multi-asset social investment network and Robinhood competitor eToro has signed a definitive agreement to acquire Gatsby — a fintech startup which also aimed to go head to head against Robinhood…
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Pomelo exits stealth mode with $20M seed to rethink international money transfer
Eric Velasquez Frenkiel had a seemingly simple thought when visiting his family in the Philippines, impressed by the cashless economy that had formed. Instead of sending money to his family…
Read More »YC-backed Arc, a digital bank for ‘high-growth’ SaaS startups, lands $20M Series A
Arc, a company that aims to give SaaS startups “a way to borrow, save and spend” in one place, has raised $20 million in a Series A round of funding….
Read More »VCs set sights on African countries beyond the ‘Big Four’
Africa’s tech startup scene has grown significantly over the last decade, with various reports showing a sizable increase in the number of deals, ticket sizes and funding. Last year, startups…
Read More »Are debt financings the new venture round for fintechs startups?
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…
Read More »So, when is the SoftBank Execution Fund III dropping?
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex, Natasha and Mary Ann worked with Grace to record yet…
Read More »Finix raises $30 million as fintech’s spotlight picks its sides
Finix announced today that it has raised $30 million in new venture capital, bringing its total known raised to $133 million. The round comes nearly two years after the do-it-yourself…
Read More »QED makes its first African investment, backing Nigerian fintech TeamApt in $50M+ deal
QED Investors, a U.S. fintech-focused venture capital firm, has led a new investment in TeamApt, a Nigerian fintech that provides business payments and banking platforms. The investment was over $50…
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‘Selling Sunset’ star Christine Quinn’s brokerage debuts new crypto credit scoring platform
For fans of both reality television and web3 (hopefully that group includes more than just this reporter), Christine Quinn’s move to leave the Oppenheim Group and co-found a brokerage with…
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Q3 outlook forecasts cloudy days ahead for fintech M&A
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…
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