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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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So much fintech M&A

TechCrunch

Every week, I’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 my job to stay on top of it — and make sense of it — so you can stay in the know. — Mary Ann. The deal was just one of many M&A deals in the fintech space that occurred last week.

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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

securities industry, which moves trillions of dollars a day, still relies on mainframe technology from the 1980s. It’s time-consuming and difficult to execute with fragmented technology.” equities and options,” according to Sachin Kumar, co-founder and CTO. equities and options,” according to Sachin Kumar, co-founder and CTO.

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Plaid cofounder’s next venture is a bank to power fintech apps

TechCrunch

In 2019, William Hockey, the cofounder of fintech business Plaid, announced that he would step down from his position as Plaid’s chief technology officer and president. “We are both the bank and the technology provider.” billion, builds out its global finance network. .

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African fintech Pngme raises $15M for its financial data infrastructure platform

TechCrunch

Less than a year after its $3 million seed round, San Francisco- and Africa-based fintech Pngme has snapped up another $15 million for its financial data infrastructure play. Pngme’s platform caters to fintechs and other financial institutions across sub-Saharan Africa. “It’s a highly data-driven user experience.

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Onboarding and automation: What fintechs can learn from big banks

TechCrunch

Michael Beckley Contributor Share on Twitter Michael Beckley is a co-founder and CTO of Appian , where he drives the technical vision for the company, leads product and solutions marketing teams, and oversees customer initiatives. On paper, this looks like a slam-dunk scenario for the burgeoning industry of new nimble fintech providers.

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