TechCrunch
MARCH 7, 2023
The global downturn has impacted every sector, but fintech bore the brunt of it as public-market valuations fell off a cliff last year. However, it appears that even though VCs are proceeding more cautiously than before and taking their time with due diligence, they are still investing. What do you feel might be overhyped?
TechCrunch
AUGUST 16, 2021
It used to be that if you were a fintech startup or, for lack of a better term, a digitally native financial services business, you might be eyeing an acquisition from an incumbent in the industry. But lately, fintech upstarts are the ones doing the acquiring. Oh, how the tables have turned. So what’s going on here?
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TechCrunch
APRIL 21, 2021
The last five years have seen a plethora of fintech applications in Nigeria (and Africa, in general) grow at an astonishing rate. Nigeria is becoming Africa’s unofficial tech capital. If anything one can learn from the Nigerian fintech ecosystem over the past two years is that with growth comes regulatory scrutiny.
TechCrunch
JANUARY 4, 2022
The year 2021 saw more and bigger deals closed in Africa, as tech startups across the continent raised close to $5 billion. Fintechs dominated the fundraising, accounting for nearly $3 billion, or two thirds of all the investment realized by startups across the continent last year, a report by markets insights firm Briter Bridges shows.
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.
TechCrunch
MAY 26, 2022
Fintech startup and alternative credit asset manager Viola Credit has closed its latest $700 million fund, which provides asset-based lending capital to fintech, proptech and insurtech startups. If this fintech play reminds you of Silicon Valley Bank, think again. Instead, Viola provides lending capital to fintech lenders.
TechCrunch
JANUARY 22, 2021
Nigerian fintech startup, Kuda, which bagged $10 million last year, comes to mind, for example. Just a month into 2021, Egyptian fintech startup Cassbana raised a $1 million pre-seed investment led by VC firm Disruptech in a bid to drive expansion within the country. “Fintech is compelling. Okra is an API fintech startup.
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