Brex lands Coinbase as new software customer

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

Suma Wealth helps Latinos build credit through gaming, in-culture content

Just when Beatriz Acevedo thought she was out, an opportunity to start Suma Wealth pulled her back in. The California-based company, which exhibited as part of the Battlefield 200 at technewss Disrupt, is designed for Latinos and offers in-culture financial content, products and experiences to hel

Uils wants to lend LatAm’s rideshare drivers cash based on their driving record

When Uils launched in 2021, it was a car rental service for rideshare drivers. But after the founders realized that many rideshare drivers don’t have access to credit, particularly in Latin America, the Buenos Aires-based company pivoted to fintech, offering financial services to drivers thro

Will alternative investments become a staple in all investors' portfolios?

A 60/40 investment portfolio, in which 60% is invested in stocks and 40% in bonds, was long considered classic. But that’s no longer the case, as many investors are now diversifying beyond publicly traded assets. Alternative investments, or alts, are a direct corollary to diversified portfoli

Klarna launches new creator features and shoppable video

As consumers turn to content creators to influence their online shopping habits, Klarna, the buy now, pay later platform, today launched a new Klarna Creator app for retailers and influencers to collaborate on brand campaigns and to track earnings, performance and sales. Klarna's creator platfo

Snapcommerce grabs its cape and becomes Super

Mobile shopping experience company Snapcommerce is moving from commerce to fintech, unveiling both a new name, Super, and a new credit card product. The company, which raised $85 million last year, describes its SuperCash card as a “first-of-its-kind, debt-protecting card” that provides users w

Landis grabs $40M to turn renters into homeowners

Uncertainty in the real estate markets and rising interest rates have delivered a blow to people eager to own their own home. But for Landis, it's confirmation that the company is in the right place at the right time. Cyril Berdugo and Tom Petit founded the company in 2018 to provide a more acc

PayPal debuts a new rewards program that combines Honey’s discounts with other ways to earn

PayPal is taking a step away from the Honey brand, the $4 billion shopping rewards acquisition it made in 2019, with today’s launch of PayPal Rewards. The new program will replace “Honey Gold” — the rewards program for Honey browser extension users, which allows customers to

Nigerian banking-as-a-service platform Maplerad raises $6M, led by Peter Thiel's Valar Ventures

Banking-as-a-service (BaaS) platforms have taken off rapidly across the fintech world over the last 18 months. By partnering with banks, these platforms allow entities, from startups and fintechs to big corporations and banks, to provide tailored banking services and experiences to their customers.

Even decacorns have their challenges

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

Got $5? These startups allow for investments in slices of real estate

Although real estate is the world's biggest asset class, it is largely inaccessible to non-institutional investors. The large sums of capital often required for an individual to purchase property combined with the industry's reliance on manual, antiquated processes pose substantial barriers

Apple partners with Goldman Sachs to introduce high-yield savings accounts for Apple Card holders

Apple is taking a big step toward offering more banking services to its customers. The company announced today it’s partnering with Goldman Sachs to soon launch a new Savings account feature for its Apple Card credit cardholders which will allow them to save and grow their “Daily Cash&#

Former VC brings smart financial advice to people who really need it, instead of just the rich

Will Peng graduated from Princeton with about $35,000 in debt. He asked his immigrant parents what they thought the best approach would be for him to pay it off.  “There were companies telling me that I should refinance my student loans,” recalls Peng, who is the second oldest

GoHenry, the fintech for under-18s, raises $55M after passing 2M users

Neobanks have made a name for themselves by successfully winning the business of newly minted adults, opening their first checking, savings and investment accounts and uninterested in doing business with clunky, expensive legacy banks. Now a new wave of startups and services has been getting a jump