Fintech

Solaris — the German fintech that, when it was known as Solarisbank, raised hundreds of millions of dollars to build out its embedded finance platform — is today announcing more funding. The company, used by the likes of Samsung, American Express and Coinbase to provide various financia

After obtaining its banking license in 2016, fintech startup N26 started offering bank accounts to anyone in the Eurozone. But because of the German banking license, clients received a German International Bank Account Number (IBAN) that started with the letters DE. That shouldn't be an issue,

Four years after partnering with Apple on the launch of the Apple Card, Goldman Sachs may be eyeing the exits. The Wall Street Journal reports that Goldman is “looking for a way out” of its high-profile deal with Apple, which recently expanded to include savings accounts for Apple Card

Just over one year ago, spend management decacorn Brex declared that it was “less suited to meet the needs of smaller customers” in an announcement that caused shock waves in the startup community. While Brex soon clarified that by smaller customers it meant small to medium-sized businesses and

PayPal announced today that the company is launching a tap-to-pay feature for merchants with an Android phone through the Venmo and Zettle apps in the U.S. As a reminder, PayPal owns both Venmo and Zettle. Last November, the company launched similar functionality for businesses to accept payments b

Of the many issues highlighted by the collapse of Silicon Valley Bank, one big one was the liability of having too much cash sitting in too few bank accounts. Today a London startup called TreasurySpring — which has built a platform for businesses to put some of their cash reserves to work, i

Mauricio Costa, a software engineer and music composer living in Atlanta, is creating a musical comedy out of the Silicon Valley Bank collapse called “The Valley.” Perhaps the wounds are still fresh, but Costa told technewss while reading articles about the bank's demise and trying to und

Apple has engaged with many Indian authorities and officials in recent weeks and plans to soon hold conversations with NPCI for the launch of its payments service Apple Pay in the South Asian market, according to two people familiar with the matter, eyeing an entrance into a crowded space that is d

Want more fintech news in your inbox? Sign up here. Fintech startup Plaid got its start as a company that connects consumer bank accounts to financial applications, but has since been gradually expanding its offerings to offer more of a full-stack onboarding experience. And today, P

Open banking — where traditional banks enable payments and other new services by way of APIs that give access to financial data previously locked up in their systems — has led to a rush of startups looking to build the links to make it a reality. Today one of the hopefuls in open bankin

Want more fintech news in your inbox? Sign up here. In recent years, a number of startups have made a business out of providing corporate credit cards to companies. These players compete not only with each other but with legacy providers such as Concur and Expensify by offering automated expense ma

Digital mortgage lender Better.com is exiting the real estate business. The struggling fintech startup laid off its real estate team on June 7, multiple sources confirmed to technewss. The company is said to be shifting from an in-house agent model to a partnership agent model. One

Affirm has become the first buy now, pay later player to be added to Amazon Pay, the two companies announced today. As part of the new partnership, any Amazon Pay merchants in the U.S. can now choose to offer their customers the option to “buy now, pay later” using Affirm's technology. Mer

Welcome back to The Interchange! If you want this in your inbox, sign up here. While there is always a lot going on in the world of fintech, this week felt a little subdued overall — at least when it came to funding rounds. But there was definitely still other fintech news to cover, and we'l