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Fintech predictions and opportunities for 2023

TechCrunch

Fintech has fallen a long way from the highs of 2021, and while 2022 was largely about the reset of the funding environment, 2023 is going to be a year of recalibration for fintech companies. First, let’s take a look at the sectors likely to be most challenging: lenders, neobanks and fintechs that serve SMBs. Online lenders.

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Here are the newly minted fintech unicorns

TechCrunch

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. We’re looking at a bunch of news — from new unicorns, to a fintech doing good, to one that shut […] © 2023 TechCrunch. All rights reserved.

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VCs decipher the recent fintech layoffs — and why they’re happening now

TechCrunch

Many big companies in the fintech world cut jobs in the past month. Well, according to Spiros Margaris , a fintech venture capitalist and founder of Margaris Ventures, the current layoffs by some of these larger fintech companies were “caused by the challenging geopolitical market environment and inflationary pressures.

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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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From an Agency Serving Clients to Their Own Fintech Product

For companies who manage dozens of projects, it is necessary to attract a vast pool of professionals to deliver quality services for a huge number of clients.

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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. Weekly News.

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YC-backed African fintech Cleva, founded by Stripe and AWS alums, raises $1.5M pre-seed

TechCrunch

Nigerian fintech Cleva, focused on creating a banking platform for African individuals and businesses to receive international payments by opening USD accounts, has raised $1.5 million in pre-seed funding. The round was led by 1984 Ventures, an early-stage venture capital firm based in San Francisco.

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