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

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

MARCH 1, 2023

Companies can access Sesamm’s flagship product, TextReveal , via several conduits, including an API that brings Sesamm’s NLP engine into their own systems. Elsewhere, private equity firms can use Sesamm for due diligence on potential acquisition or investment targets.

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TechCrunch

SEPTEMBER 14, 2022

Factor in today’s soaring construction costs , material and labor shortages and supply chain constrain ts , and there is more demand than ever from contractors for technology that will help them operate more efficiently and less expensively. He believes the construction industry has been “underserved” by technology “for far too long.”.

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TechCrunch

JANUARY 26, 2023

TechCrunch previously covered GradJoy, which sought to help students better manage their loan repayment plans through an app-based system.) Due to the lack of standardization, newer-age fintechs have resorted to using screen scrapers and login credential-based methods to aggregate and access the data, he says.

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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. 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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TechCrunch

MARCH 10, 2022

Curacel , the YC-backed startup that is developing insurance infrastructure for the African market, has launched a new interface that allows digital businesses like those in retail, fintech, e-commerce and logistics to add insurance to their core products. And so we built the system for them,” said Mascot.

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TechCrunch

SEPTEMBER 12, 2021

Sesie Bonsi is the founder and CEO of Bleu , a financial technology platform focused on enabling touchless payment experiences. As a Black fintech founder, I believe that venture investors are making safe bets and investing in late-stage founders instead of early or even pre-seed stages. Realize you are up against an outdated system.

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TechCrunch

MARCH 9, 2022

Brian Smith was an early believer in the city, founding S3 Ventures with a $20 million first fund after a career as an electrical engineer at companies like IBM before starting his own company, Crossroads Systems. In fact, the firm believes that Texas is going to be the second-largest tech ecosystem in the U.S.

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TechCrunch

JULY 7, 2021

When Daniel Simon sold Bread , a consumer purchase finance and payments startup he’d co-founded, to Alliance Data Systems for over $500 million late last year, he quickly set his sights on building another startup. Coast co-founders Daniel Simon and Andrew Woolf.

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TechCrunch

SEPTEMBER 30, 2022

While leagues behind fintech as a whole, insurtech startups have still attracted a significant amount of investment over the last few years — $43 billion between 2016 and 2022, according to a recent report. In emerging markets, insurtech is following the path of fintech, where we are seeing fast followers of models that have worked elsewhere.

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TechCrunch

JANUARY 6, 2022

When young (or youngish) people think of age-tech, they may picture mostly clinical solutions—telemedicine platforms, for instance. A tabletop console gaming system, Gameboard , also lets family members enjoy fun time, instead of just chat time, with one another. Growing older, however, doesn’t just have a physical component.

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TechCrunch

JANUARY 16, 2021

Now tech companies across industries are poised for an even better year, according to more than a dozen investors we talked to in the country. Other investors felt that a broader range of industries, like fintech and biotech, would eventually produce the biggest companies in the country. Oh, and one more thing.

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TechCrunch

MARCH 27, 2023

‘High conviction, low volume’ Playfair, for its part, seeks out founders “outside of dominant tech hubs,” as well as founders working on projects that may run more tangential to where the main hype and “buzzy-ness” exists. ” A large chunk of early-stage deals fall apart in the due diligence phase. .

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TechCrunch

DECEMBER 8, 2021

The Kenyan fintech Kwara was launched in 2019 to help credit unions (savings and credit cooperatives societies, SACCOs) in the East African country shift to digital platforms by providing them with its proprietary Back-end-as-a-service (BaaS) software.

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TechCrunch

NOVEMBER 4, 2021

Jonathan "Yoni" Frenkel is a content strategist and founder of YKC Media , a digital marketing agency that works with the global tech/venture/startup community. The tech ecosystem is like a flywheel. That’s why Israel is pushing 100 unicorns — privately held companies (essentially all in tech) valued at a billion dollars or more.

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TechCrunch

JANUARY 25, 2022

Rodrigo Vicuna, CFO at fintech-focused bank Prime Trust, shares his predictions for this year’s crypto market, suggesting that tighter rules might bring more consumers into the fold: “It might seem counterintuitive, but more regulation provides more guidance, which provides reassurance for institutional and mass use.”.

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TechCrunch

AUGUST 26, 2021

The address verification system merchants use to verify a purchaser is who they say they are, involves sending information to a bank that is returned to the merchant with a score of whether that match is legitimate. “In That process involves manual analysis and constant adjusting due to fraud. In the U.S.,

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TechCrunch

MAY 22, 2022

Welcome back to The Interchange, the weekly TechCrunch series that looks at the latest — and what’s ahead — in the global fintech industry. It’s an incredible time to be a financial technology journalist. One day, I’m having a fintech-focused VC tell me they haven’t invested in any startups since last October. Sign up here.

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TechCrunch

DECEMBER 28, 2021

This was the year that global investors not only started to pay close attention to the region’s tech ecosystems, but also began putting real money into them. A comprehensive report from Golden Gate Ventures also forecasted a record number of exits , due in part to an increase in B and C rounds.

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TechCrunch

MARCH 16, 2023

In the wake of the bank’s collapse, founders in Africa have been forced to review their banking options to cushion their startups from such eventualities. Meanwhile African fintech unicorn Chipper Cash was also among several startups that could not access a portion of their funds. Federal Reserve acted to save the day.

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TechCrunch

SEPTEMBER 19, 2022

Fintech Portabl announced the closing of a $2.5 Harlem Capital Partner Brandon Bryant said what initially drew the fund to Portabl was the idea that the verification of identity in fintech is still unsolved. Fintech app Portabl raises $2.5M million seed round today led by Harlem Capital Partners.

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Hacker Earth Developers Blog

OCTOBER 4, 2018

Over 90% of the world’s leading banks are either exploring, experimenting (PoCs), or formulating a strategy for leveraging blockchain technology, says an Accenture survey. But when it comes to intra-organizational processes, challenges arise due to process design and lack of mutual trust. Areas of impact. Sample use cases.

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TechCrunch

DECEMBER 16, 2021

However, dispatch was one of Uber’s most critical systems, and it had a much bigger scale than previous use cases while having a very stringent latency requirement. . What’s more, explainability is important for fintech companies so that they can show regulators how decisions are made,” Diao said. “It

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TechCrunch

OCTOBER 13, 2022

As a partner in a fund of funds, I attend a lot of annual meetings, talk with a lot of venture fund general partners and review a lot of investor decks. While not nearly as bad as marketing tech, we are seeing a huge inflation in the number of cybersecurity and fintech companies as well.

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TechCrunch

JANUARY 21, 2021

It had produced, and was poised to produce, an enormous number of technology startups, given its relatively small size. million on average, the largest payout to employees in Israeli high tech at the time, and the exit created a pool of new entrepreneurs and angel investors. Waze’s 100 employees received about $1.2

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TechCrunch

MAY 26, 2022

Startups like FlexID remind us that distributed ledger technology has the potential to play other roles, including offering trusted records of identities without the need for a centralized authority. Zimbabwean serial entrepreneur Victor Mapunga founded FlexID in 2018 out of his frustration with the banking system. million in 2020.

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TechCrunch

MARCH 9, 2021

The proliferation of fintech services across Africa remains in full swing as investors remain bullish about the opportunities that abound in the sector. African fintech firm Flutterwave raises $35M, partners with Worldpay. Fintechs could see $100 billion of liquidity in 2021. However , Agboola thinks the reverse is the case.

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TechCrunch

NOVEMBER 17, 2021

Nearly one in three American households have delayed medical care due to its cost, per a 2019 Gallup poll. . The artificial intelligence technology underlying the platform allows hospitals to leverage patient data to determine payment plans specific to each patient while keeping administrative costs low. Healthcare costs in the U.S.

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CIO

APRIL 7, 2023

Tech salaries are on the rise thanks to a demand for talent across nearly every industry. between 2021 and 2022, reaching an average tech salary of $111,348 per year, according to the 2023 Dice Tech Salary Report. But you don’t have to live in Silicon Valley to earn a high-tech salary. Salaries increased 2.3% Tampa, Fla.

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CIO

AUGUST 5, 2022

Due to Nigeria’s fintech boom borne out of its open banking framework, the Central Bank of Nigeria (CBN) has published a much-awaited regulation draft to govern open banking procedures. According to the Africa Funding Startup 2021 report, Nigerian fintech has brought in more than half of the US$4.6 Securing customer data.

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TechCrunch

APRIL 21, 2022

Convoy, a digital freight network that connects shippers with carriers , has raised $260 million in fresh funding to scale up initiatives that will push the trucking tech industry into new ground. A later-stage company, Convoy already has fintech offerings like a fuel card and quick payments.

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TechCrunch

MARCH 5, 2021

Their backgrounds, according to Ayele, run the gamut from finance and marketing to product and technology across a range of sectors. I nvestors can run extremely lean operations with access to proprietary deal flow, automated deal filtering and on-demand experts to support due diligence, research and portfolio support.

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TechCrunch

MARCH 2, 2022

Sudo Africa , a fintech that provides a card-issuing API for developers and businesses in Nigeria, has raised $3.7 Several African fintech founders such as Olugbenga ‘GB’ Agboola, Ham Serunjogi and Odun Eweniyi are investors in the company too. million in pre-seed funding. L-R: Kabir Shittu (COO) and Aminu Bakori (CEO).

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TechCrunch

MAY 9, 2023

Startups and VC Shopify last week announced that it would be the latest Big Tech firm to undergo mass layoffs. Also included in the announcement was news that the Canadian e-commerce giant had found a new owner for 6 River Systems, the warehouse automation firm it purchased in 2019 for nearly a half-billion dollars , reports Brian.

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CIO

NOVEMBER 26, 2024

CEOs and CIOs appear to have conflicting views of the readiness of their organizations’ IT systems, with a large majority of chief executives worried about them being outdated, according to a report from IT services provider Kyndryl. But in conflict with CEO fears, 90% of IT leaders are confident their IT infrastructure is best in class.

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TechCrunch

AUGUST 18, 2021

Over the past few years, he said, there have been a number of different fintech and bank products that people use to run their life “and they’re all starting to converge.”. ” One says it is built on a “proprietary” technology core that aims to deliver saving, spending, sharing, budgeting and borrowing in a single account.

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