TechCrunch

MAY 5, 2022

Rali_cap , an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund. The two-year-old VC fund invests in B2B and API-first fintechs across Africa, Latin America and South Asia at pre-seed and seed stages. About 40% are based in the U.S.,

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TechCrunch

MARCH 7, 2022

They are responsible for communication between banks and fintechs to settle transactions for consumers and businesses swiftly. An alternative payment network with connected wallets allowing a mobile money user to transact with a bank account would fix this problem, and that’s the premise of Ghana-based fintech Dash.

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TechCrunch

MARCH 24, 2021

Today, Bankly , a Nigerian fintech startup digitizing cash for the unbanked, announced that it has closed a $2 million seed round. The system allows them to collate and save cash with a thrift collector responsible for disbursing funds when due. Nigeria remains a largely cash-dominated country.

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TechCrunch

DECEMBER 30, 2021

Two years ago, the African tech ecosystem saw newfound attention from global players that translated to the continent’s best year of receiving venture capital. From varying sources, it is estimated up to $2 billion went into African tech startups in 2019. AfricArena, a tech ecosystem accelerator, pegged deals to close between $2.25

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CIO

NOVEMBER 26, 2024

Many CEOs want to keep up with the market, including making the most of major IT advancements , while many CIOs may be focused on “keeping the lights on” by ensuring the organization’s existing technology is available and secure, says Edward Kipp, CIO at SDI Presence, an IT consulting and managed services provider.

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TechCrunch

JANUARY 22, 2023

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 Last week, I dug into CB Insights’ State of Fintech 2022 report. Wealth tech companies brought in $1.7

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Crunchbase News

DECEMBER 17, 2024

By Katherine Maslova This has been a year of rapid progress and high expectations for the fintech sector. So, despite being a sector with a strong concentration of AI leaders, fintech like 74% of companies across industries struggles to scale value. There’s also been lots of buzz and hard, painful truths learned.

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TechCrunch

JANUARY 25, 2021

In a review of the year published last week, the firm noted that 21 companies in its portfolio have raised more than $33 million in funding. ” Badamosi, who returned to Nigeria from the UK in 2015, worked as the general manager for Starta Africa, an online community for African tech entrepreneurs. The rest were unannounced.

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CIO

NOVEMBER 19, 2024

What really matters is determining how to fit every function together to achieve unified goals — chiefly IT and its business counterparts, given the importance technology has organizationwide. It allows businesses to be the best technologically enabled version of themselves,” Upchurch says.

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TechCrunch

NOVEMBER 8, 2021

Nubank’s IPO is coming into closer focus after the Brazilian neobank filed privately to list its shares in both the United States and its home market, later releasing a public IPO filing. Since then, the fintech-focused fund has made more investments in the region. QED recently closed $1.05

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TechCrunch

OCTOBER 20, 2021

GV (formerly Google Ventures) led the round, with participation from existing investors Index Ventures (led by partner Jan Hammer), Credo Ventures (led by Ondrej Bartos and Vladislav Jez) and Seedcamp, plus several unnamed angel investors specializing in financial technology and security.

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TechCrunch

NOVEMBER 6, 2022

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. Wow, I take off one week and come back to all hell breaking loose in the fintech world.

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TechCrunch

FEBRUARY 27, 2022

Welcome to my new weekly fintech focused column. It’s been really tough concentrating during the latter part of this week due to global events so forgive me if my tone is less upbeat than normal. This week, I wrote about a couple of instances in which fintech companies went horizontal with their approach. Women in Fintech.

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TechCrunch

MAY 23, 2022

Andy Bromberg, CEO of the a16z-backed startup Eco, is claiming that Pebble , another fintech startup that came out of stealth this morning, “plagiarized” Eco’s materials and business model. They stole our marketing copy. — Andy Bromberg (@andy_bromberg) May 23, 2022. They stole our blog posts.

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TechCrunch

NOVEMBER 12, 2021

The global venture capital market is increasingly active , but few locales are seeing the sort of investment acceleration that African startups are enjoying this year. The Exchange explores startups, markets and money. Any heating market won’t warm evenly, and the African startup scene is no exception to the rule.

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TechCrunch

APRIL 27, 2023

But founder Matthew Joseph Martin soon realized that the startup, backed by investors like Boost VC and Tim Draper, was serving a relatively niche market in the States. So he started researching markets with large populations of Muslim people. Indonesia emerged as the best choice. Meanwhile in Malaysia, where 61.3% out of its 33.6

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TechCrunch

SEPTEMBER 16, 2022

Vo was in the credit risk department at Barclays and a full-stack developer at Fintria, a fintech company, while Krishnamoorthy was an associate at several law firms including Gibson, Dunn & Crutcher. ” Denim competes with other fintech firms in the space, including TriumphPay, HaulPay and OTR Capital.

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TechCrunch

JUNE 26, 2022

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. We saw fewer layoffs, but also less fintech-related news in general. Some observations, though.

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TechCrunch

DECEMBER 20, 2022

There are some 40 million Mexicans who are excluded from certain financial products due to banks not thinking it is a segment worth going after, but Filiberto Castro does. The former banking executive worked at banks including Citi and Scotiabank for nearly a decade before moving into the fintech space to be chief of growth at Konfio.

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TechCrunch

JULY 10, 2022

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. Based on that categorization, the fintech space ranked third behind food and transportation, respectively.

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TechCrunch

AUGUST 28, 2022

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. As we all know, the housing market goes through cycles. Suddenly, many needed more space.

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TechCrunch

FEBRUARY 11, 2021

With other outlets like media publications WeeTracker and Disrupt Africa disclosing different results for the African venture capital market, we compared and contrasted their results last year. ” The continued dominance of fintech and the Big Four. However, that figure isn’t the only yardstick. billion and $1.8

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TechCrunch

DECEMBER 15, 2022

As China looks to reignite growth, what role will its technology industry play? Is there enough capital flowing to support a new generation of tech startups that could keep China competitive? The Exchange explores startups, markets and money. Can China’s venture capital market help it reignite growth?

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TechCrunch

NOVEMBER 17, 2020

As Italy reinstates many COVID-19 restrictions, the country’s tech ecosystem is watching and waiting to see what the wider effects of the emergency will be. Italy’s ecosystem for tech venture capital and startups has been in development for years and has made decent strides in the last decade.

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TechCrunch

OCTOBER 28, 2021

With Grab’s announcement of its imminent Nasdaq listing and GoJek merging with Tokopedia to form tech giant GoTo , casual international observers could be forgiven for believing that Southeast Asia’s tech universe only comprises similar companies. Unsurprisingly, tech startup growth is booming as well.

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TechCrunch

OCTOBER 8, 2021

There are a growing number of BaaS companies, which all essentially have the same end goal — to make it faster and easier for fintechs and other companies to launch financial services and products. . We concluded that Productfy has the only market-ready solution to be sold to customers,” Khranyan told TechCrunch. “We

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TechCrunch

JULY 31, 2022

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. Companies are raising less money at lower valuations than in 2021, which reflects the market sentiment.”.

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TechCrunch

JULY 29, 2022

Despite the ongoing correction in the public markets, mass layoffs in the tech sector and high inflation, U.S. The right questions to ask investors when fundraising in a down market. The right questions to ask investors when fundraising in a down market. Fundraising in turbulent markets: Why we moved up our Series B.

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TechCrunch

JANUARY 16, 2023

We think we’ve barely scratched the surface in the Kenyan market. We’re entering an exclusive partnership, which also means no other tech company will be able to market with Kuscco. Kenya’s fintech Kwara lands $4 Million in seed round from Breega, SoftBank to build neobank for credit unions.

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TechCrunch

APRIL 13, 2021

Although these businesses drive economic growth and contribute up to one-third of the continent’s GDP, they are often financially excluded from credit and other financial services due to their size and informality. One such company tackling this challenge in the eastern part of Africa is Ugandan fintech startup Numida.

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Crunchbase News

OCTOBER 24, 2024

By Katie Vasquez The aerospace and defense sectors face a pivotal moment as geopolitical tensions rise, labor shortages increase and technological innovation accelerates, driving demand for modernizing military and aerospace operations. The commercial SSA market is a growing focus for investment, combining systems in space and on Earth.

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TechCrunch

JULY 20, 2021

Some technologies have helped deal with this menace; for instance, radio frequency identification, which works by assigning serial numbers to containers of each product. More modern approaches are being adopted these days, which is the case of RxAll , a startup using deep technology to provide quality medication to patients.

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TechCrunch

APRIL 20, 2021

But without the big budgets of larger institutions, keeping up technology-wise can be a challenge. Enter MANTL , a startup that has developed technology to make it easier for people to open accounts digitally at community banks and credit unions so that those institutions can increase deposits and ultimately, profits.

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TechCrunch

OCTOBER 13, 2022

A flurry of fintechs emerged in hope of meeting that demand while incumbent banks clamored to step up their own digital games. We were built — by definition — to serve the smaller part of the small business market,” COO Adler added. The startup’s go-to-market strategy surprisingly relies less on the internet than one might expect.

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TechCrunch

JANUARY 31, 2023

Due diligence was a big topic in 2022 for a variety of reasons. But due diligence doesn’t just apply to investors pouring money into startups, or companies acquiring other companies. Specifically, the report also charged that fintechs neglected to stop “obvious and preventable fraud.” Enter TrueBiz.

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TechCrunch

JULY 18, 2022

Ben Boissevain is the founder of Ascento Capital , a boutique investment bank that provides advisory services for M&A, capital raises and valuations to technology companies in the U.S. Fintech firm, Klarna, whose valuation plummeted 85% to just $6.7 The public market’s pessimism is bleeding into the private market as well.

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TechCrunch

SEPTEMBER 14, 2022

Since Kojo brought its product to market in early 2020, it has powered the construction of nearly 10,000 projects, including hospitals, schools, stadiums, office buildings and multifamily housing developments. “The truth is construction was considered an unsexy market by people building tech companies for far too long.

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