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Mexico’s fintech success: How tech is driving the population to banking

TechCrunch

Earlier this month, Citibanamex — Mexico’s second-largest bank — announced that it is building new APIs to allow fintech companies real-time access to information like its services and ATM locations. The move comes as Mexico’s fintech ecosystem flourishes so fiercely that traditional banks have to embrace them or risk lagging behind.

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Nigerian digital bank Carbon hit $240M in payments processed last year, up 89% from 2019

TechCrunch

If you recall, we released a year in review in January 2020 before we released the fiscal year of 2019 report,” he told TechCrunch. The company’s annual reports reveal numbers on gross earnings, profit/loss before and after-tax, net impairment loss, total assets, liabilities, and equity, among others. billion (~$241.35

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Kenya-based aquaculture tech Victory Farms nets $5M funding to expand into new markets

TechCrunch

I believed the platform I was running could be a lot bigger and scale a lot faster if we could connect more dots — and basically creating an end to end protein plant,” said Rehmann, who has worked for an investment bank and Microsoft. We run a tech-enabled platform and have scaled 2x faster than any other African fish company.

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‘Insane’ — UK tech reacts to government moves that might hand UK startups contract to Barclays Bank

TechCrunch

Tech Nation is trailing in second place in the race to remain the U.K.’s First in line at this point in time — in a decision which is due in December — is banking giant Barclays. Tech Nation’s existing government funding runs until March 2023. Tech Nation’s existing government funding runs until March 2023.

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Allocate banks $5M to open up venture capital fund access

TechCrunch

Then Yang joined Kaji at First Republic Bank to work together and continue the conversation. Due to the access issue between fund managers and potential investors, there are trillions of dollars sitting on the sidelines, he told TechCrunch. Jordan Nof, co-founder and managing partner at Tusk Ventures, agrees.

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For Fintech, 2024 Was A Year of Hype, Hustle and Hard Truths. What’s Next In 2025?

Crunchbase News

While adoption is still in its early stages, mainly due to regulatory uncertainties, 90% of Europes financial leaders remain optimistic, expecting broader adoption ahead. She has held senior roles, including deputy CEO of a corporate fintech startup and SVP at top 10 market banks. Illustration: Dom Guzman

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Rise Of AI Drives US Growth In New Unicorns

Crunchbase News

That increase was due in large part to U.S. However, net new unicorn companies from China dropped year over year to 17 in 2024, down from 29 in 2023, amid a broader decline in funding to Chinese-based startups. Singapore counted three new unicorns in 2024 from zero in 2023 in banking, Web3 and semiconductor assembly.

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