article thumbnail

Your IT infrastructure may be more outdated than you think

CIO

But in conflict with CEO fears, 90% of IT leaders are confident their IT infrastructure is best in class. Still, IT leaders have their own concerns: Only 39% feel their IT infrastructure is ready to manage future risks and disruptive forces. No one wants to be Blockbuster when Netflix is on the horizon, he says.

article thumbnail

Pomelo raises $9M to build a payments infrastructure for LatAm fintechs

TechCrunch

Pomelo, a startup building a fintech-as-a-service platform for Latin America, has raised $9 million in a seed round of funding. The Buenos Aires-based startup’s new infrastructure aims to allow fintechs and embedded finance players to launch virtual accounts and issue prepaid and credit cards via “compliant” onboarding processes.

Fintech 268
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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.

Fintech 267
article thumbnail

Fintechs could see $100 billion of liquidity in 2021

TechCrunch

2019 saw a stampede of fintech unicorns. Dana Stalder is a partner at Matrix Partners, where he invests predominantly in fintech, consumer marketplaces and enterprise software. 2019 saw a stampede of fintech unicorns. 2019 looks to continue another lights-out year for fintech startups. More posts by this contributor.

Fintech 348
article thumbnail

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.

Fintech 305
article thumbnail

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. Startups building financial infrastructure got noticed.

Fintech 344
article thumbnail

Fintech infrastructure startup Prime Trust raises $100M to add IRAs, crypto staking

TechCrunch

There’s been a massive proliferation of fintech services in the past few years, during which fintech companies competed to develop new products more quickly than their competitors. The crypto infrastructure space is relatively busy , with startups of all stages such as Blockdaemon and Cryptio competing for share.

Fintech 224