Flutterwave denies money laundering and fraud allegations following accounts freeze by Kenyan court
Flutterwave has come out to deny the fraud and money laundering claims leveled against it by Kenya’s Asset Recovery Agency, which investigates and recovers proceeds of crime. This is after…
Read More »Forever21’s parent company sues Bolt but settles for becoming a shareholder
A lawsuit that was filed against one-click checkout startup Bolt by one of its biggest customers will be dismissed as the two parties have agreed on a settlement, the companies…
Read More »Peakflo’s bid to build business payments for Southeast Asia attracts capital, customers
During the most recent Y Combinator startup batch, Peakflo stood out to TechCrunch. The company’s simple pitch — Bill.com for Southeast Asia — fit neatly into the broader narrative of…
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Tesorio’s tools aim to help businesses automate payments collection
Although finance teams ultimately control budgets within their companies, investment in technology under the chief financial officer’s purview had been limited — at least until recently. That’s the assertion of…
Read More »MarketWolf is a trading-first platform for new investors
Live in India, Singapore-based MarketWolf has plans to introduce stock trading to first-time investors in more markets. The platform announced today it has raised $10 million in Series A funding…
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PINA offers wealth management for Indonesia’s growing middle- to upper-class
Indonesian wealth management app PINA’s founding team While many of Indonesia’s investment apps are focused on hooking first-time investors with low fees and starting deposits, PINA is targeting the middle-to-upper…
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Tracking Klarna’s plunging valuation
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 »Fintech Klarna reportedly raising at a $6.5B valuation, giving new meaning to the phrase ‘down round’
In a sign of the times, Swedish buy now, pay later giant Klarna is reportedly close to inking a new round of funding that would slash its valuation to $6.5…
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HomeLister gives homeowners a way to list and sell their properties online, with support
Most real estate agents charge a commission — in many cases up to 6% of the sale price of a home — for listing and selling a house on behalf…
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Taking on Bilt, Stake aims to expand its cash-back rewards program for renters
Aiming to compete with Bilt in the nascent property renter rewards market, Stake, a startup that provides cash back and banking services to renters, today announced that it raised $12…
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