Fintech

Google plans to restrict apps that offer loans to individuals from accessing sensitive user data such as photos, videos and contacts, as the Android maker steps up its response to the rise of predatory behavior from some lenders that harass borrowers. The search giant pushed an update to its Person

Stripe, the payments and fintech giant currently valued at $50 billion, sometimes feels like it has been forever on the brink of a public listing. But in the absence of any concrete IPO moves and the transparency that the listing process brings with it, today it published an annual update with a fe

Verto, a London-based B2B cross-border foreign exchange (FX) and payments enabler for startups and small businesses, said it has acquired a quarter of Silicon Valley Bank (SVB) customers from Africa and the MENA region. According to the startup’s own data, SVB had nearly 250 clients operating

The U.S. Securities and Exchange Commission has charged Charlie Javice, the founder of student financial aid startup Frank, with fraud in connection with the $175 million sale of the company to JPMorgan Chase Bank in 2021.  JPMorgan filed a lawsuit against Javice in December, alleging that she had

When Silicon Valley Bank collapsed earlier this month, it sent massive waves across the banking and venture capital worlds, and beyond. Companies like Rippling, Brex and many others scrambled to secure funding to offset not being able to access funds, while companies on the payments side, like Etsy

U.S.-based savings and investing startup Acorns has acquired London-based GoHenry, a startup focused on providing money management and financial education services to 6- to18-year-olds in an all-equity deal, the two companies announced today. The combined valuation of the company, as well as furthe

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 site, sign up here so you can receive it directly in the future. Every week, I'll take a look at the hottest fintech news of the p

technewss Disrupt, the premier event for startup investors and founders, is coming back September 19-21, 2023, with an enhanced new format.  This year, we're rethinking TC Sessions, the standalone industry events series, and merging them into the big annual tech event — which will once

Alvaro Morales and Kshitij Grover were working together as engineering leaders at Asana for five years, during a time when the company underwent major changes to pricing and packaging. The initiatives were painful for both the engineering and finance departments, they say — which is when the

Last July, technewss reported that customers of several fintech apps couldn't access the virtual dollar card services that these platforms provided. In addition, customers couldn't create new cards, fund existing ones, or make online and in-store payments and purchases with them. At the he

Nimbbl, an Indian startup that offers a one-click payment checkout solution for merchants, has raised $3.5 million in seed and pre-Series A funding from Sequoia Capital India, Global Founders Capital (GFC), financial services platform Groww and a list of angel investors. The Mumbai-based startup

Payments and shopping service Klarna is the latest company to announce its integration with ChatGPT. The company said it is “one of the first brands to work with OpenAI to use its protocol to build an integrated Plugin for ChatGPT” and is rolling out a personalized shopping experience that prov

In yet another example of how competitive the spend management space has become, Brex announced today that it has expanded into travel. Besides seeking to snag market share from incumbents such as Concur, Brex is also taking on startups such as Navan (formerly called TripActions) — which actu

Amazon may be closing a number of its high-tech physical retail stores in recent days, but some of the technology it developed for those stores is finding a new home. The online retailer said today that Panera will now become the first restaurant to deploy Amazon’s palm reading payment and lo