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Ghanaian fintech Dash raises $32.8M seed to build connected wallets for Africans

TechCrunch

They are responsible for communication between banks and fintechs to settle transactions for consumers and businesses swiftly. But here’s the challenge: While both systems tend to work well when users make transactions within their unique environment, there’s no interoperability for transactions between them. Africa has it different.

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Denim, a fintech platform for freight brokers, raises $126M in equity and debt

TechCrunch

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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The fintech space continues to be competitive and drama-filled

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. It becomes really complicated to set up all your financial systems on a country by country basis,” he added.

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Founder alleges that YC-backed fintech startup is ‘copy-and-pasting’ its business

TechCrunch

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. which our systems flagged as fraudulent.

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Fintech giants face uphill battle

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. billion last year — would join the long list of fintech giants letting go of workers. Weekly News.

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Resistant AI scores $16.6M for its anti-fraud fintech tools

TechCrunch

Resistant AI , which uses artificial intelligence to help financial services companies combat fraud and financial crime — selling tools to protect credit risk scoring models, payment systems, customer onboarding and more — has closed $16.6 million in Series A funding.

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Fintech startup Jeeves raises $180M, quadruples valuation to $2.1B in half a year

TechCrunch

Less than seven months after closing on a $57 million Series B , fast-growing fintech Jeeves has raised $180 million in a Series C round that values the company at $2.1 Fintech startup Jeeves raises $57M, goes from YC to $500M valuation in one year. As with many other fintechs in this space, Jeeves has expanded its scope over time.

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