Category: Fintech
Fintechs go shopping
Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! We’re back and making up for lost time after…
Revenue-based financing heats up in the Middle East as Flow48 attracts $25M in funding
We’ve seen how non-dilutive, revenue-based financing has risen up the priority ranks for companies as the era of ZIRP — as the Zero Interest Rate Period is now lovingly and somewhat longingly known — recedes into the distance, and securing venture capi…
Yieldstreet to acquire real estate investment platform Cadre
Alternative investment platform Yieldstreet announced today that it has agreed to acquire Cadre, an online real-estate-focused investment platform aimed at institutional and high net worth investors. Financial terms of the deal were not disclosed. Foun…
Practical advice for B2B startups raising a Series A
In conditions today, completing even a Series A round is a powerful symbol of your fintech project’s promise. © 2023 TechCrunch. All rights reserved. For personal use only.
NomuPay, formed out of Wirecard’s ashes, acquires Total Processing for tooling and customer service
NomuPay — the payments startup that was formed out of some of the healthier pieces of the dramatically failed fintech Wirecard — has made an acquisition as it continues on its trajectory of better economies of scale. It has picked up Total …
Robinhood brings its stock-trading platform to the U.K., its first international market
We knew it was coming, but stock-trading platform Robinhood is finally open for business in the U.K. — its first international market since debuting in the U.S. more than a decade ago. Robinhood is granting early access to the app starting today …
WSJ says the Goldman-Apple deal is dead. Apple says not yet.
Apple is quietly disputing a headline by The Wall Street Journal that claims the tech giant has “pulled the plug” on its Goldman Sachs partnership which covers the Apple Card credit card and savings account. Instead, Apple says the two comp…
Webull leaps into Mexico with acquisition of stock trading app Flink
Popular stock trading app Webull has acquired Mexican investment platform Flink, giving it an entry into the Mexico market. Financial terms of the deal were not disclosed. Although Webull has China roots, it is based in the United States and rivals Rob…
Candex lands $45M infusion to grow its procurement management business
Candex, a startup that aims to simplify procurement — specifically vendor management and payment processes — for businesses, today announced that it raised $45 million in a Series B investment led by Goldman Sachs with participation from Wi…
As pet owners turn to mobile insurance apps, Lassie raises $25M Series B led by Balderton
We last wrote about Lassie, a pet health app and insurance provider, when it closed an €11 million Series A round in 2022. It’s growth had been spurred by the boom in pet ownership during the pandemic (nearly half of all European households now own a p…