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A decade of fintech failures: 4 innovations that didn’t live up to the hype

TechCrunch

Grant Easterbrook Contributor Share on Twitter Grant Easterbrook is a fintech consultant based in Amsterdam. Much has been written about the success of fintech and how this wave of technological innovation has changed consumers’ lives. He also co-founded Dream Forward, which was acquired in 2020.

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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. CB Insights recently found that two of the largest global VC firms, Sequoia Capital and Andreessen Horowitz, actually backed more fintech companies in 2022 than any other category.

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Marqeta buys fintech Power Finance in $275M all-cash deal, its first acquisition

TechCrunch

Marqeta has agreed to acquire two-year-old fintech infrastructure startup Power Finance for $223 million in cash, marking the first acquisition in the publicly-traded company’s 13-year history. In other words, it provides the tools for companies — fintechs and otherwise — to provide cards, wallets and other payment mechanisms.

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Female Invest acquires sustainability-focused investment platform Gaia Investments

TechCrunch

The Copenhagen-based startup announced the acquisition of fellow Danish fintech Gaia Investments this week with plans to integrate the trading platform, which focuses on investing in companies with sustainability goals, into its app. Now, its users will be able to do so all within the Female Invest platform. after that.

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Fintech Roundup: Goldman Sachs buys another startup, Fast hits a speed bump and BaaS gets hotter

TechCrunch

Welcome to my weekly fintech-focused column. Fintech M&A hasn’t been as robust as one might expect in recent months. So when Goldman Sachs announced this week it was buying NextCapital – a fintech company that provides automated advice to corporate retirement plan participants – my ears perked up.

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A tale of two surveys: Fintech VCs change tune on investment landscape

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. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Weekly News.

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Techstars unveils sustainability-focused acceleration program in Paris

TechCrunch

Techstars , a network of startup accelerators and an investment company, is launching a new accelerator in Paris called Techstars Sustainability Paris. With this sustainability-focused accelerator, Techstars is hitting the reboot button. Every year, Techstars Sustainability Paris plans to accept 24 startups across two batches.