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7 investors reveal what’s hot in fintech in Q1 2023

TechCrunch

The global downturn has impacted every sector, but fintech bore the brunt of it as public-market valuations fell off a cliff last year. However, it appears that even though VCs are proceeding more cautiously than before and taking their time with due diligence, they are still investing. What do you feel might be overhyped?

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Payments remain the darling of the fintech space

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 Last week, I dug into CB Insights’ State of Fintech 2022 report. Wealth tech companies brought in $1.7

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How African startups raised investments in 2020

TechCrunch

But with the pandemic bringing in utter confusion and panic, companies downsized as investors re-strategized, and due diligence slowed during the first few months of the year. ” The continued dominance of fintech and the Big Four. But, as expected, fintech retained the lion’s share of African VC funding. .

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Productfy raises $16M to build the ‘Shopify of embedded finance’

TechCrunch

There are a growing number of BaaS companies, which all essentially have the same end goal — to make it faster and easier for fintechs and other companies to launch financial services and products. . But Productfy, unlike many other BaaS companies, is not just focused on developers.

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Muslims come into the frame in Southeast Asia’s fintech boom

TechCrunch

Southeast Asia is already home to a thriving fintech scene, where Grab , GoTo and Sea have built super apps that encompass financial services, and startups like Xendit , Akulaku and Dana (to name a few) have raised hundreds of millions of dollars for payments, banking services and other financial tools. Indonesia emerged as the best choice.

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How to pitch me: 5 investors discuss what they’re looking for in April 2023

TechCrunch

But dealmaking is idiosyncratic: a few investors might be content to make a deal over coffee, but early-stage teams still need a sturdy pitch deck or memo they can leave behind. And if you’ve added “AI” to your pitch deck only to make it more appealing, here’s some more bad news: FOMO is passé, and due diligence is the new black.

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How Antler East Africa is building early-stage startups with experienced professionals

TechCrunch

” It helps founders build complementary co-founding teams, provides support with deep business model validation and a global platform for scaling their businesses. Melalite Ayenew is the firm’s tech partner. After six months of incubation, the firm invests in the teams they can help further.