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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April taps AI to help personalize and autofill tax filings
Most Americans dread doing their taxes. Surveys show as much. But as many as 40% rely on money from tax refunds to satisfy some financial obligation. Ben Borodach, a former…
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