TechCrunch+ roundup: Convertible note fundraising, fintech’s falloff, how to mark-to-market
Everyone loves an underdog, which is why investors and tech journalists are so fond of discussing startups that launched during the Great Recession of 2008, like Airbnb, Uber, WhatsApp, Mailchimp,…
Read More »Fintech isn’t dead, as Ramp reports accelerating revenue growth
Not every company is struggling in this downturn. Despite a cooling market, corporate spend management startup Ramp reports that it has more than doubled its revenue run rate since the…
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Sudanese fintech Bloom nabs $6.5M, backed by Y Combinator, GFC and Visa
Bloom, a Sudan-based fintech that offers a high-yield savings account and adjacent digital banking services, has raised a $6.5 million seed round. This investment is coming after the startup’s undisclosed…
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X1’s income-based credit card is about to launch publicly
The credit card market has become increasingly crowded, with consumer fintech startups locked in a fierce competition to differentiate their offerings through branding, rewards programs and even crypto compatibility. X1…
Read More »The bright side of fintech funding results
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 »Once a key driver of global venture activity, fintech investment slows around the world
As venture capital grew around the world, tracking the fintech market was a fine way to understand the general health of the VC world; when venture was getting bigger, so…
Read More »Wordle, hurdles and Sally’s early retirement
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 enjoyed yet another edition of Equity…
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Mexican fintech startup Stori reaches unicorn status with $50M equity raise
While credit cards are ubiquitous in the U.S., they are far less so across Latin America, where people — especially lower-income members of the population — have historically relied on…
Read More »Stripe is the latest fintech to falter, taking a 28% internal valuation cut
Stripe is the latest high-profile fintech company to take a massive valuation cut as the market downturn begins to hit the sector especially hard. Last valued at $95 billion, the…
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Plaid adds read-only support for leading crypto exchanges
Plaid, the company building data transfer technologies to power fintech and digital finance products like smartphone-based wallets, today announced that it’s adding support for leading crypto exchanges to its data…
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