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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.
Disrupt will have six industry tracks , each with its own stage, including AI , fintech , hardware , SaaS , security and sustainability. On the Fintech Stage we will have some of the biggest industry players discussing some of the hottest topics in the industry. Come join us !
Artem Milinchuk is the founder and CEO of FarmTogether , a fintech platform channeling funding into natural assets, starting with U.S. Equally, investments into sustainably managed farmland have the potential to transform agriculture from one of the largest sources of greenhouse gas emissions to one of the largest carbon sinks.
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.
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.
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.
The Middle East is rapidly evolving into a global hub for technological innovation, with 2025 set to be a pivotal year in the regions digital landscape. Looking ahead to 2025, Lalchandani identifies several technological trends that will define the Middle Easts digital landscape.
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.
Singapore-based fintech Hashstacs Pte Ltd (STACS) announced today it has raised $3.6 The company develops blockchain platforms that can work with financial institutions’ existing infrastructure, and its core technology is also used in GreenSTACS for environmental, social and governance (ESG) investments.
Looking ahead to 2025, what do you see as the key technology trends that will shape the Middle Easts digital landscape? By 2025, several key technology trends will shape the Middle Easts digital landscape. Investments in healthcare technologies will grow, driven by national health strategies and pandemic-driven innovation.
Specifically, today QED is announcing a $550 million early-stage fund and a $500 million growth-stage fund , both of which are aimed at backing fintech companies primarily in the U.S., Clearly, Alexandria, Virginia-based QED was investing in fintech before fintech was “cool.” Most fintech companies will fail.
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.
And what’s more surprising is that the buy is outside payments or fintech. With Flutterwave, we now have a way to drive both value for creators and revenue to sustain the business. Oyemade will continue to lead the technology behind the product with a new role as software and architectural lead.
Meniga , the London fintech that provides digital banking technology to leading banks, has closed €10 million in additional funding. In addition, the fintech will bolster its sales and service teams. US regulators need to catch up with Europe on fintech innovation . Also participating are Industrifonden, the U.K.
Maxim Kharchenko is the director of fintech products at Rakuten Viber and is an expert in product leadership in the financial technology sector. Yet, many businesses cannibalize this valuable asset by selling it to third parties when they should be using it to make their businesses stronger and more sustainable.
Welcome to my new weekly fintech focused column. 2021 was a record year for venture capital fundraising, and fintechs were the largest recipients of funding worldwide, with about 21% of all venture dollars last year going into fintech startups. And fintech, last year’s rising star of venture, is not immune.
When it comes to sustainable infrastructure development, technology is making terrific leaps and bounds. Streamlined, and indeed sustainable, it ain’t. Streamlined, and indeed sustainable, it ain’t. The theory is that it will make investment in sustainable infrastructure a more attractive proposition, too.
With technology reshaping the global business landscape, many companies will be pushed to fundamentally reconsider their ways of doing international business, diversifying into new product categories and adopting a “borderless” expansion model. Undoubtedly, this is putting added pressure on FinTech executives.
On the other hand, the financing gap left by conventional banking institutions has presented an opportunity for innovation, leading to the birth of fintechs like Asilimia. Asilimia is set to use the funding to hire talent as it looks to fine tune its technology and to expand to another market within East Africa.
Evergrow , a stealth climate fintech startup, just landed over $7 million in seed funding. And second, we can use data and technology to underwrite or do the majority of the heavy lifting and underwriting versus humans. One, we can do the work upfront to make a programmatic underwriting and funding model for each project type.
As the UAE strengthens its position as a global technology hub, 2025 will be a year filled with cutting-edge events that cater to tech leaders across various industries. Topics will include cloud computing, the Internet of Things (IoT), big data analytics, and other technologies that are driving digital change in businesses and governments.
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. But first, let’s talk about fintech. Hello, hello. Soooo exciting! Come see us! Get 15% off here ).
Then at the far end of the spectrum are companies like Swedish fintech company Klarna, which has integrated gen AI not only in a range of internal projects, but also in products they sell — and have developed AI governance that includes guidelines on how AI should be used on projects. And this is only the beginning. “And
You gotta love a competition that serves the greater good — and a startup ecosystem for purpose-driven companies determined to build a more sustainable, equitable, healthy, inclusive and prosperous world. Hillridge Technology , Genetika+ and Fotokite. Can technology help this massive — and growing — issue?
We envision You.com becoming a search platform that is open and allows others to build on top of all of the search technology that we’ve created,” Richard Socher told Kyle for his story about You’s $25 million fundraise. Robin raised $30 million for its office reservation software to help figure that out, Kyle reports.
From lithium battery chemical recycling to smart media, blockchain infrastructure to student-centric educational software, and Sub-Saharan African fintech to cultured-meat production, this batch of companies is sure to wow the investors and the audience. Verdi , EyeGage , Animal Alternative Technologies , RoboDeck , Adventr.
When Aruna ’s founders first met at university, they wanted to find a way to use their studies in information technology to help family members who were running small fisheries. One of Aruna’s main requirements for fisheries on the platform is sticking to its sustainability process.
The startup also intends to improve its technology and operation efficiency, hire more talent and increase its marketing spend. Last year, the two-year-old startup launched a vertical: FEZ for fintechs, where it helped fintechs deliver debit cards and POS terminals to all their customers and agents across Nigeria.
More than 3,700 startups — from 92 countries — applied across XTC’s competition tracks: Agtech, Food & Water, Cleantech & Energy, Edtech, Enabling Tech, Fintech, Healthtech and Mobility & Smart Cities. And they’ll need it to impress this panel of judges — all of whom focus on sustainable impact. Learn more about XTC here.
Now, here comes another grim data point: Equity funding to startups focused on cleantech and sustainability is down this year. billion went to seed through growth financings for companies in Crunchbase’s sustainability, EV, and cleantech categories. And fossil fuel consumption continues to grow. In the first half of 2024, around $9.6
Nikhil Sachdev is a managing director at Insight Partners, where he focuses on investments in high-growth software, fintech and crypto companies. Apoorva Goyal is a vice president at Insight Partners, where he focuses on investments in high-growth fintech, internet and software companies. Apoorva Goyal. Contributor. Share on Twitter.
The fintech, which claims to be the region’s largest SME digital financing platform, uses alternative forms of credit-scoring and has disbursed more than $2 billion in financing to MSMEs since it launched in 2015. BukuWarung, a fintech for Indonesian MSMEs, scores $60M Series A led by Valar and Goodwater.
Agrotools , a Brazilian-based technology and intelligence company for agribusiness, raised $21 million (BRL 100 million) to value the company at around $94 million, according to the company. My dream, since the beginning of Agrotools, is to change global agribusiness, bringing to it efficiency and true sustainability,” Rocha said. “In
It’s one reason why the region is home to many fintech businesses born elsewhere that need proximity to a large banking ecosystem, as well as the blockchain/crypto crowd, which have found a highly amenable regulatory environment in Zug, right next door to Zurich. Maximilian Spelmeyer , partner, SIX Fintech Ventures.
E-commerce penetration was at an all-time high and the market cap of public technology companies was growing much faster than the region’s GDP. The Atlantico Digital Transformation Index, which measures tech penetration by tracking the value of public technology companies as a percentage of GDP, rose to 3.4% in 2021 from 2.3%
Parekh is not your traditional fintech founder. In 2020, he used his own cash to build out the technology behind Fair, which is designed to be an option to those who are new to the country, have no credit or need access to interest-free loans. Welcome Technologies is also aimed at serving the immigrant population. .
The fintech partners with more than 220 banks in tier 2 and tier 3 cities spread through 19 provinces. million in funding led by East Ventures Growth Fund, with participation from AlphaTrio SustainableTechnology Fund, Skystar Capital, Sovereign’s Capital, Ozora and Gobi Partners.
Robots that can make salads and cheeseburgers are fascinating, which means they’re more likely to hog the headlines than companies making technology that optimizes governmental operations. Why LatAm’s fintech boom is more than hype and superlative venture investment. Female founders are making a buzzing, venture-backed comeback.
Our survey respondents said the city was strong across a broad range of tech industries, particularly those with practical applications: cybersecurity, energy and sustainability, fintech, health care and medtech, edtech and silver tech among others. Lukas Inokaitis , business development, NFQ Technologies. Rokas Tamoši?nas
Featuring topics like green infrastructure, new mobilities, sustainable tech, urban mobility The Fintech Stage: Dive into the evolution of monetary exchanges and follow the technology that is powering new ways of capturing and distributing value and wealth. Disrupt is the startup world’s big tent.
Instead, we need to focus on investing time, energy and resources into solutions that actually deliver a more sustainable economy. Its time to bring pragmatism to the table by unleashing technology where it matters, to enable a cleaner, more resilient and more productive economy.
With nearly half a million customers across Mexico and a network of 30,000 retail locations where representatives can take deposits, the challenger bank albo is already on its way to becoming a dominant player in Mexico’s emerging fintech industry. albo has proven its ability to drive sustainable growth and is leading the market.
This is targeted at tech businesses with complex risks that are more difficult to insure such as medical malpractice or professional indemnity, with customers including London-based fintech unicorn Paddle. Superscript has focused on sustainable growth and quality underwriting from day one to give us more favourable loss ratios.
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