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, we’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 our job to stay on top of it — and make sense of it — so you can stay in the know. — Mary Ann and Christine
Busy, busy, busy
It was a busy week in startup and venture lands, and the fintech space was no exception.
In the venture world, I reported on Peter Ackerson’s departure from Fin Capital earlier this year and the fact that he has since started a new venture firm called Audere Capital. The circumstances around his departure remain fuzzy, but one source speculated that tension arose between Ackerson and Fin founding partner Logan Allin over some of the goings-on…