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Even well-funded fintech companies are laying off workers • TechCrunch

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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 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. — Mary Ann

Greetings from Austin, Texas, where an ice storm hit last week and caused widespread damage across the city. I know, I know — Austin is known for its 100+ degree temperatures in the summertime. Who would have expected this to happen here? And not just once but twice in two years. Surely not I, when my family moved here in 2013. We’re going on Day 5 with no power, heat or internet. That’s why this newsletter is being published a day later than it would have under normal…

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