Mary Ann Azevedo
Anthemis Group is trying to raise $200 million for a third fund, according to an SEC filing, as first reported by Axios. It has been in the market since last year and has so far secured commitments of just $36.4 million. The firm separately had to scrap plans...
Former investors of food delivery startup Freshly are suing Nestlé USA, which acquired the company in 2020 for up to $1.5 billion.
The shareholders allege that Nestlé failed to make earnout payments to Freshly shareholders pursuant to the merger agreement, according to Law.com. Per that agreement, as reported by TechCrunch...
Different demographics often have different banking needs. So it’s no surprise that we have seen a flurry of financial technology startups offering banking services catered to certain populations based on factors such as age and ethnicity.
For example, numerous fintech startups cater to younger users – from Greenlight to...
Peter Ackerson has departed from his role as general partner at fintech-focused venture firm Fin Capital and started a new firm, Audere Capital.
According to his LinkedIn profile, Ackerson – who first joined Fin Capital in August of 2019 – stopped working at that firm in January of this...
Shopify has teamed up with Israeli B2B payments startup Melio to launch a new bill pay tool designed to allow U.S.-based merchant customers to manage their expenses and vendors via its platform.
It’s another step in Shopify’s plan to straddle the intersection of fintech and commerce, noted Shruti Patel,...
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...
TechCrunch 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 again this year be...
2022 was a tumultuous year for many fintech startups. But for Ramp, it was a year of opportunity.
The company shared today that it saw its revenue grow by 4x last year, buoyed by what co-founder and CEO Eric Glyman describes as a desire on the part of companies...
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...
Proptech company Roofstock has laid off about 27% of its staff today, according to an email sent to employees viewed by TechCrunch. The cuts come just five months after the startup laid off 20% of its workforce.
The company’s website states that it has 400+ employees, or “Roofsters” as...
