IT総合 Thrive Capital believed to be leading new multi-billion dollar investment in Stripe
Thrive Capital has reportedly committed $1 billion in fresh capital to payments giant Stripe as part of a new investment...
Mary Ann Azevedo
IT総合 IT総合 Marqeta buys fintech Power Finance in $275M all-cash deal, its first acquisition
Marqeta has agreed to acquire two-year-old fintech infrastructure startup Power Finance for $223 million in cash, markin...
IT総合 What’s Stripe’s deal?
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IT総合 Report: Stripe tried to raise more funding at a $55B-$60B valuation
When payments giant Stripe raised $600 million at a $95 billion valuation in 2021, it made headlines for raising capital...
IT総合 Remote work revolution helps Deel reach $295M in ARR
Fintech-turned-HR outfit Deel reached $295 million in annual recurring revenue (ARR) by the end of 2022, the company’s c...
IT総合 We certainly don’t need a repeat of last year
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IT総合 Fintech in 2022: A story of falling funding, fewer unicorns and insurtech M&A
If you thought the fourth quarter of 2022 felt slow when it came to investment activity in the fintech space, that’s bec...
IT総合 So much fintech M&A
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IT総合 BlackRock acquires minority stake in SMB 401(k) provider Human Interest
Investment giant BlackRock announced Friday it is taking a minority stake in, and leading a financing round for, venture...
IT総合 Backed by Tiger Global, Mayfair emerges from stealth to offer businesses a higher yield on their cash
One startup is banking on the fact that businesses are eager to earn as much interest as possible on their cash.
Mayfair...
IT総合 From cloud computing to proptech: Digital Ocean co-founders raise $29M for Welcome Homes
When Alec Hartman first decided he wanted a house after his first child was born several years ago, he was surprised by ...
IT総合 Deel enters equity management space with acquisition of Capbase
Remote payroll startup Deel has acquired fintech Capbase for an undisclosed amount in a cash and stock deal, the compani...
IT総合 Fidelity makes first acquisition in 7 years, snapping up fintech Shoobx
Investment giant Fidelity announced today that it has acquired Shoobx, a venture-backed fintech startup, for an undisclo...
IT総合 These 5 companies bootstrapped their way to big businesses while VCs came knocking
It may come as a surprise to some, but not every startup is clamoring to raise venture capital.
The reasons some founder...
IT総合 Does everyone want to be a landlord, or what?
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IT総合 Doorstead closes on $21.5M to make sure you always have a tenant for your rental property
Doorstead, a property management startup which offers “guaranteed” rental payments to homeowners, has raised $21.5 milli...
IT総合 Why GGV Capital’s Hans Tung is OK with 2023 being ‘the year of down rounds’
With over $9 billion in assets under management, GGV Capital is one of venture capital’s largest and most prominent play...
IT総合 Fatal police shooting of startup founder puts Austin’s diversity problem in the spotlight
Rajan “Raj” Moonesinghe (right) and his brother Johann Moonesinghe (left) pictured with their cousin (center). Image Cre...
IT総合 A look back at the world of fintech in 2022
W
elcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. I...
IT総合 Poolit raises millions to turn accredited investors into LPs in VC, private equity funds
Dakotah Rice spent years working in the investment banking industry at firms such as Goldman Sachs, Carlyle and Coatue.
...
IT総合 This startup just landed $8.5M led by Bessemer to help companies automate their financial workflows
Earlier this month, Reuters reported that hedge fund Muddy Waters had accused Uruguayan payments company dLocal of using...
IT総合 FTX founder Sam Bankman-Fried has been arrested in The Bahamas
Sam Bankman-Fried has been arrested by The Royal Bahamas Police Force following reports that the United States had filed...
IT総合 Fintech giants face uphill battle
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IT総合 TripActions secures $400M in credit facilities from Goldman Sachs, SVB
Less than two months after announcing a new $9.2 billion valuation, TripActions said today it has secured $400 million i...
IT総合 Andreessen Horowitz leads $43M Series A for Setpoint, which aims to be the ‘Stripe for credit’
Setpoint, a startup that has built software to help other companies close loan transactions faster, has raised $43 milli...
IT総合 Plaid lays off 20% of staff, CEO says the fintech company ‘hired and invested ahead of revenue growth’
Fintech decacorn Plaid is laying off 260 employees, or about 20% of its workforce, the company announced today.
While sp...
IT総合 Robinhood banks on retirement to slow user attrition
Retail trading app Robinhood is entering the retirement game.
The Menlo Park, California-based company today launched a ...
IT総合 When a startup’s founders are pretty much its board
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If...
IT総合 When one door closes … Opendoor CEO Eric Wu steps down, CFO Carrie Wheeler steps in as new chief executive
Opendoor co-founder Eric Wu announced today that he is stepping down from his role as CEO of the real estate technology ...
IT総合 A tool for analyzing face-to-face sales pitches lands funding from UiPath co-founder
So much software is dedicated to helping businesses improve interactions online, whether it be aimed at sales, marketing...