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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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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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CIOs’ lack of success metrics dooms many AI projects

CIO

Combined with an April IDC survey that found organizations launching an average of 37 AI POCs, the September survey suggests many CIOs have been throwing the proverbial spaghetti at the wall to see what sticks, says Daniel Saroff, global vice president for consulting and research services at IDC.

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Carta lays off 10% as CTO lawsuit looms

TechCrunch

For those who rely on Carta for a visa, a 30-minute consultation with immigration counsel. As TechCrunch reported earlier today , Carta is suing its former CTO, Jerry Talton, who was fired “for cause” almost three weeks ago, on December 23, according to the company. Severance packages include 2.5

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With Bling, the fintech startup revolution spreads even to pocket money

TechCrunch

Today, banks and fintech startups tend not to provide products dedicated to families, specifically, and this has appeared as something of a gap in the market. He’s joined by CTO and co-founder Leon Stephan. With Bling, the fintech startup revolution spreads even to pocket money by Mike Butcher originally published on TechCrunch.

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Former Gemini CTO launches Fierce, a high-yield finance super app

TechCrunch

It’s developing a finance super app that is bringing together what founder and CEO Robert Cornish calls “the best of fintech for the customer.” There is also stock trading where users can purchase fractional shares and ETFs. Now meet Fierce , a new company out to change that. You would have had to build everything yourself.

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11 ways to ensure IT-business alignment

CIO

“By explaining the concepts behind AI in a clear manner, the business leader can be introduced to the building blocks for AI, and the IT leader can develop an acceptable strategy,” advises Nidal Haddad, principal at business advisory firm Deloitte Consulting. Yet these topics are often foreign to most business leaders. “It