Mary Ann Azevedo
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 actually started...
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...
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...
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...
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...
'The buzz and momentum for these companies is unlike anything I’ve seen before'
With so many fintechs laying off staff, it can be easy to assume that the entire industry is in distress.
But that’s not the case. In fact, some companies are finding opportunity in the masses of layoffs.
Rex...
Getting a credit card is something most Americans take for granted.
In countries such as Mexico, it’s a much more difficult and less common endeavor. In fact, less than 20% of the population has access to a form of credit, with just an estimated 10% having credit cards.
In recent...
When you’re dealing with health issues, worrying about how you’re going to pay for care can be a major additional stressor. This can be compounded when you’re facing major illnesses, such as receiving treatment for cancer or having surgery.
Chris Ellis and Adam Stevenson had the unfortunate experiences of...
When the economy was booming, the buy now, pay later space thrived. But as inflation and interest rates climbed, consumer-focused players in the space have struggled with increased defaults amid less discretionary spending.
Citing economic turbulence, Affirm announced last week that it was reducing its staff by 19% and...
CEO Max Levchin takes 'full responsibility' for layoffs decision
Mary Ann Azevedo
13 hours
Citing economic turbulence, buy now, pay later giant Affirm announced today that it is reducing its staff by 19%, or about 500 employees, and shutting down its crypto unit.
That leaves the company with about 2,000 employees.
In a...
