Welcome to The Interchange! If you received this in your inbox, thank you for signing up and for 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 week. This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon. There’s a lot of fintech news out there, and it’s my job to stay on top of it — and make sense of it so you can stay in the know.
Hello, hello! I’m feeling good this week because I finally kicked off something that has been in the works for a little while: tracking fintech companies that are hiring. It’s not fun covering layoffs, and unfortunately, we’ve had too many of those. So I thought by also shining a spotlight on fintech companies that are hiring rather than firing, our coverage would be a bit more balanced and give laid-off workers (and anyone else generally looking!) a way to see what positions are available out there.
After the article was published on February 16, I had several more companies reach out about news of open roles at their companies.
Kickoff is hiring for 10 roles (a mix of hybrid and remote), including senior product manager, associate product manager, senior product designers, engineers, and growth marketing manager. The consumer fintech company is focused on helping people build credit and raised $30 million in June 2021.
Addepar, which makes software to track investment performance, is also actively hiring with roughly 50 open roles across the U.S., UK, and India (also, many roles have the option for remote work). In June of 2021, the company raised $150 million at a $2.17 billion valuation. Today, it has about 850 clients and over $4 trillion in client assets on its platform.
Nium is hiring and has a dozen open roles. The B2B payments company raised $200 million at a unicorn valuation in 2021. 401(k) provider Human Interest, which recently increased total funding to $500 million, including an investment from BlackRock, has 23 open roles, including in engineering, product, and revenue.
Collective, an all-in-one back-office finance platform for the self-employed, which has raised over $28 million in funding, is hiring for five roles across engineering, marketing, and member services (tax, accounting). Collective raised its latest round, a Series A, in May 2021. And I’m positive there will be more to come in next week’s edition of The Interchange. Stay tuned, and please feel free to share with anyone looking for a new opportunity!
TechCrunch’s Tage Kene-Okafor did a stellar job of reporting this story: “Prince Boakye Boampong, the founder and CEO of Dash, which provides an alternative payment network with connected wallets allowing interaction between mobile money and bank accounts in Africa, has allegedly been temporarily suspended pending an investigation into financial impropriety, according to people with direct knowledge of the situation.”
After Affirm’s challenging week, I did a bit of a deep dive into the space and discovered that while consumer-focused BNPL (buy now, pay later) companies are struggling, a number of B2B-focused companies are continuing to raise funds. Speaking of BNPL, tech giant Apple is apparently moving forward with its plans to offer its own buy now, pay later service and, according to Bloomberg, “laying out rules for how it will approve transactions.”