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…

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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…

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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…

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SEC charges founder of financial aid startup Frank with defrauding JPMorgan

The U.S. Securities and Exchange Commission has charged Charlie Javice, the founder of student financial aid startup Frank, with fraud in connection with the $175 million sale of the company…

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Acorns acquires UK’s GoHenry, a fintech focused on 6- to 18-year-olds

U.S.-based savings and investing startup Acorns has acquired London-based GoHenry, a startup focused on providing money management and financial education services to 6- to18-year-olds in an all-equity deal, the two…

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Sequoia-backed Zamp Finance makes it easier for businesses to invest in US Treasury Bills

Amit Jain, the former head of Uber’s Asia Pacific division, revealed his new venture, Zamp Finance, that aims to simplify the process for businesses to invest their excess capital in…

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The shocking allegations against Daylight, an LGBTQ+ focused fintech startup

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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Checkout.com’s new president is bullish on US expansion, says she ‘welcomes’ comparisons to Stripe

Stripe competitor Checkout.com announced last month that Céline Dufétel was appointed as its new president. She had previously served as the London-based fintech startup’s CFO and COO for about 18…

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Discover the Disrupt 2023 Fintech Stage

TechCrunch Disrupt, the premier event for startup investors and founders, is coming back September 19-21, 2023, with an enhanced new format.  This year, we’re rethinking TC Sessions, the standalone industry…

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Oscilar emerges from stealth to fight transactions fraud with AI

Confluent co-founder Neha Narkhede today announced a new fintech company, Oscilar, that’s developing an “AI-driven” platform to help financial institutions protect online transactions from fraud and theft. Oscilar is entirely…

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