London-based Sequence, which offers APIs and other tools for pricing, billing, and related services, raised a $19M seed led by a16z (Ingrid Lunden/TechCrunch)

Helen Li / Wired:
A look at the fintech startups serving small and large US-based cannabis retailers in an industry dominated by cash, as Visa, Mastercard, and others steer clear  —  In dispensaries, cash is king—and it’s a nuisance for business owners and buyers.  Fintech players are entering the fray.

Ingrid Lunden / TechCrunch:
Airwallex, which provides cross-border banking and other financial services for businesses, raised a $100M Series E2, bringing its total funding to over $900M  —  The economy may be showing many signs of contraction right now, but many companies still need to do business internationally.

Christine Hall / TechCrunch:
Solid, which offers APIs for banking, payments, cards, and crypto features, raised a $63M Series B led by FTV Capital, bringing its total funding to $80.7M  —  Solid, which rebranded from Wise in 2021, raised a $63 million Series B round of funding to continue providing its fintech …

Anita Ramaswamy / TechCrunch:
Sardine, a fraud detection service for crypto and fintech clients, raised a $51.5M Series B led by a16z, after a $19.5M Series A in February 2022  —  As fintechs become more efficient, so too do fraudsters.  —  “Faster instant payments mean faster fraud,” Sardine CEO and co-founder Soups Ranjan told TechCrunch.

Ingrid Lunden / TechCrunch:
New York-based Carbyne, which offers cloud-based tools for emergency services, raised a $56M Series C led by Cox Enterprises and Hanaco at a $400M valuation  —  Emergency services, long run on legacy platforms, are now getting a big boost of technology, and today one of the bigger players …

Kyle Wiggers / TechCrunch:
Taktile, which allows fintech companies to test and deploy decision-making models, has raised a $20M Series A co-led by Index Ventures and Tiger Global  —  The logic behind many fintech companies’ automated decisions — decisions that determine whether a customer is approved for a credit line …