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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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Landa can make you a landlord for just $5

TechCrunch

So it’s no surprise that in recent years, a flurry of startups have emerged that aim to give more people access to real estate ownership in the form of fractional shares. CEO Yishai Cohen and CTO Amit Assaraf started Landa in 2020 in an effort to make real estate ownership more inclusive. 83North and NFX co-led its seed round.

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Nigeria’s Termii raises $1.4M seed led by Future Africa and Kepple Africa Ventures

TechCrunch

Angel investors like Ham Serunjogi, co-founder and CEO of Chipper Cash; Josh Jones, former co-founder and CTO, Dreamhost; and Tayo Oviosu, co-founder and CEO of Paga also participated. After making some tweaks, the team began to see an increase in customers numbers, especially amongst fintech startups. That’s not all.

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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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Spend management space sees a large raise, and layoffs, in the same week

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. On Friday, PitchBook’s Q1 2023 B2B fintech investment report showed that investment into enterprise fintech was $11.8

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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

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Extra Crunch roundup: EU insurtech, 30 years of ‘Crossing the Chasm,’ embedded finance’s endgame

TechCrunch

According to Brittain, EU startups in this sector are “still at the very early stages of innovation,” having only shown “a fraction of what’s possible” in a market that is “as large as banking.” Health clouds are set to play a key role in healthcare innovation. Image Credits: Natali_Mis / Getty Images. How do we do it?