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Fintech startup Vise brings on Andrew Fong (formerly Dropbox) as CTO

TechCrunch

Vise , a fintech firm that focuses on helping financial advisors rather than automating them out of existence, has today announced that it is bringing on Andrew Fong as its chief technology officer. Fong hails from Dropbox, where he served as VP of Infrastructure Engineering.

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Nigerian fintech Okra raises $3.5M backed by Accenture Ventures and Susa Ventures

TechCrunch

The last five years have seen a plethora of fintech applications in Nigeria (and Africa, in general) grow at an astonishing rate. If anything one can learn from the Nigerian fintech ecosystem over the past two years is that with growth comes regulatory scrutiny. investors in African fintech. Image Credits: Okra.

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How fintech and serial founders drove African pre-seed investing to new heights in 2020

TechCrunch

Nigerian fintech startup, Kuda, which bagged $10 million last year, comes to mind, for example. Just a month into 2021, Egyptian fintech startup Cassbana raised a $1 million pre-seed investment led by VC firm Disruptech in a bid to drive expansion within the country. “Fintech is compelling. Okra is an API fintech startup.

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Stitch emerges from stealth with $4M for its API fintech play in Africa

TechCrunch

Over the years, there has been a growing trend of fintech infrastructure players around the world. Stitch , a South African fintech startup, is one of them and today, it is coming out of stealth and announcing its seed round of $4 million. This makes it the largest round raised by any API fintech startup in Africa at the moment.

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Founder alleges that YC-backed fintech startup is ‘copy-and-pasting’ its business

TechCrunch

Andy Bromberg, CEO of the a16z-backed startup Eco, is claiming that Pebble , another fintech startup that came out of stealth this morning, “plagiarized” Eco’s materials and business model. Bromberg posted a Twitter thread this afternoon saying Pebble engaged in “copy-and-pasting, immaturity, lying, and espionage.”

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Fintech startup Clear Street raises $270M at a $2B valuation

TechCrunch

equities and options,” according to Sachin Kumar, co-founder and CTO. Want more fintech news in your inbox? Fintech startup Clear Street raises $270M at a $2B valuation by Mary Ann Azevedo originally published on TechCrunch Prysm maintains a minority stake in the company. Sign up here.

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The fintech space continues to be competitive and drama-filled

TechCrunch

Every week, we’ll take a look at the hottest fintech news of the previous week. 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. More headlines Apple and fintechs like Robinhood chase yield-hungry depositors as Fed rate hikes continue.

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