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Fintechs could see $100 billion of liquidity in 2021

TechCrunch

2019 saw a stampede of fintech unicorns. Dana Stalder is a partner at Matrix Partners, where he invests predominantly in fintech, consumer marketplaces and enterprise software. 2019 saw a stampede of fintech unicorns. 2019 looks to continue another lights-out year for fintech startups. More posts by this contributor.

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Square’s bank arm launches as fintech aims ‘to operate more nimbly’

TechCrunch

In a statement, Square CFO and executive chairman for Square Financial Services, Amrita Ahuja said that bringing banking capability in house will allow the fintech to “operate more nimbly.”. Jessica Jiang, Capital Markets and Investor Relations Lead. The trend of fintechs becoming bank continues.

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Fintech startup Brex was among the bidders for SVB’s early-stage and growth portfolios

TechCrunch

Every week, we’ll take a look at the hottest fintech news of the previous week. As our fellow fintech enthusiast Alex Johnson pointed out , there was one name that stood out on that list for being “not like the others”: fintech startup Brex. But far less common are fintechs dedicated to serving older members of our society.

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It turns out fintech is worth as much as SaaS

TechCrunch

Fintech startups are having one hell of a week. The Seattle-based fintech company sold 12,162,777 shares (7,000,000 primary) at $43 apiece. The Exchange explores startups, markets and money. It’s just perhaps even better than that for fintech upstarts. Fintech is the new SaaS? Notable.

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Higher interest rates are fostering a fintech comeback story

TechCrunch

While rapidly rising interest rates in the United States have caused more than a few financial institutions to topple , a group of well-known fintech companies are posting signs of a comeback. The Exchange explores startups, markets and money. The situation is a little different for fintech startups that went public in recent years.

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Neobanks’ moves toward profitability could be the path to public markets

TechCrunch

The Exchange explores startups, markets and money. But despite our general inclination to lump banking-focused fintech providers that serve consumers, business customers or both into a single bucket, there’s wide divergence in how the various neobank players are performing in the market. On and on and on.

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TechCrunch+ roundup: SaaS burn multiples, 8 fintech VCs spill the tea, all my apes gone

TechCrunch

Despite the ongoing correction in the public markets, mass layoffs in the tech sector and high inflation, U.S. But say that you are burning $2 million in a quarter, and you are only adding $500,000 of net new ARR. The right questions to ask investors when fundraising in a down market. Walter Thompson. yourprotagonist.

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