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Finix announced today that it has raised $30 million in new venture capital, bringing its total known raised to $133 million. The round comes nearly two years after the do-it-yourself payments company closed a $30 million extension to its $35 million Series B and about 18 months after it raised a $3 million SPV led […]
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The Reserve Bank of India has published guidelines that it intends to enforce for digital lending firms, recommending more transparency and control to customers as the South Asian nation’s central bank moves to take further steps to crack down on sketchy practices and creditors. The guidelines, released Wednesday (PDF), spell out who all can lend […]
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Coinbase is having to defend its model to investors who may have bought into its stock when it was trading much higher. And per its own notes, the bad times are not about to end any time soon.
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If blockchain, cryptocurrency, decentralized finance (DeFi) and web3 get your entrepreneurial motor running, do not miss our TC Sessions: Crypto daylong deep dive on November 17 in Miami. We have special launch pricing on passes and exhibitor packages, and you can save a chunk of change. But don’t pussyfoot around — supplies are limited, running […]
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In this challenging fundraising environment, more startups than ever are turning to alternative financial solutions such as debt. Despite the negative connotation associated with debt, a startup should not view it as an act of desperation during downturns, as TechCrunch’s Kyle Wiggers has recently noted. Companies that have high recurring revenue and visibility into future […]
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Despite the hurdles of war, the Ukrainian fintech community is working to create better infrastructure and regulation for the country.
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Global investment giant Vista Equity Partners has announced plans to acquire automated tax compliance software provider Avalara in an all-cash deal worth $8.4 billion. Founded in 2004, Seattle-based Avalara works with companies including Zillow, Pinterest and Roku, helping to automate many of the time-consuming processes involved in managing taxes in each market they operate. Indeed, […]
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By 2025, three-quarters of VCs could use AI to guide their investments. But we’re a far cry from that number today.
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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 previous […]
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With more VC funds wanting to see where every dollar is spent, it is essential CEOs understand how to accurately track and report monthly expenses and revenue.
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