From TechCrunch
By Mary Ann Azevedo
September 13, 2023
Fintech giant Stripe is getting into the credit game
Stripe wants to make it easier for businesses to access credit. The private financial infrastructure giant announced a new charge card program today from Stripe Issuing, its commercial card issuing product, Denise Ho, head of product for BaaS at Stripe, told TechCrunch exclusively. The company originally launched its Issuing product in 2018 and since then, […]
Jun 1, 2023

Finix raises $75 million to take on Stripe as a payment processor
Finix has been slowly chipping away at Stripe – which handles payments for millions of businesses – for years now. But after previously helping companies set up internal payment systems of their own, the startup officially became a payment processor in 2023, just like Stripe. Now, Finix is gearing up for its biggest push against the fintech giant yet. In an interview with TechCrunch, CEO and founder Richie Serna says becoming a payment processor was “hugely transformational” for the business, a
Oct 24, 2024
Vesey Ventures closes on $78M debut fund to back early-stage fintech startups
After working together for nearly one decade, three former managing directors of Amex Ventures in early 2022 branched out to form their own fintech-focused venture firm, Vesey Ventures. The trio had made early investments in more than 50 fintech companies, including the likes of Stripe, Plaid, Melio and Trulioo. During that time, they also helped […]
Apr 20, 2023
Finix becomes a payments processor, heating up its competition with Stripe
Payments infrastructure startup Finix has slowly been taking swipes at Stripe, first becoming a facilitator, and now becoming a processor. Finix said today it now is directly connected to all major U.S. card networks — American Express, Discover, Mastercard and Visa. Now that Finix no longer relies on a third-party processor, it says it’s able to […]
May 2, 2023