Packworks makes operations easier for sari-sari stores in the Philippines
Sari-saris are small neighborhood stores in the Philippines that are often run on pen and paper ledgers. Inspired by a motorcycle journey, Packworks is on a mission to change that,…
Read More »
Indonesia’s IDEAL takes the pain out of applying for mortgages
Applying for mortgages is often a time-consuming and disorganized process, with reams of manual paperwork required. Based in Jakarta, IDEAL simplifies the process with a platform that lets users compare…
Read More »
Former a16z partner starts solo fund to back early-stage fintech startups
In 2015, Rex Salisbury was working as a software engineer at now-defunct mortgage startup Sindeo where he built out the back end for fully automated online mortgage pre-approval. At the…
Read More »
Pogo lands millions to become the ‘Honey for the real world’
If Pogo had its way, you’d get paid every time you stroll down Market Street in San Francisco. Or check your e-mail. Or open its app. The only catch is…
Read More »These startups want to make credit scores a thing of the past
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 »Looks like (some) neobanks will be OK after all
The fintech funding boom of the past several years saw huge amounts of capital flowing into so-called neobanks, digital financial companies offering banking services to markets general and niche. The overarching…
Read More »Fairbanc provides BNPL for micro-merchants in Indonesia
“Buy now, pay later” (BNPL) startups have gained traction by targeting consumers, but BNPLs for businesses are also starting to take off. One example is Fairbanc, which is based in…
Read More »
TomoCredit raises $22M at a $222M valuation toward its goal of making credit scores ‘obsolete’
When Kristy Kim started TomoCredit in early 2019, she was on a mission to help international students more easily obtain credit. Three and a half years later, that mission has evolved….
Read More »Stripe’s new and lower internal valuation, explained
Stripe has been in the news this past week for lowering its own valuation to around $74 billion from $95 billion, a 28% decline that made waves in startup-land. Given…
Read More »OK, don’t fear: The long shots are still getting venture funding
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche…
Read More »
