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Fintech Roundup: Will financial technology startups dodge the venture slowdown?

TechCrunch

Welcome to my weekly fintech-focused column. On March 25, PitchBook released its 2021 Annual Fintech Report , which found that the fintech industry raised $121.6 On March 25, PitchBook released its 2021 Annual Fintech Report , which found that the fintech industry raised $121.6

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How Machine Learning is Used in Finance and Banking

Exadel

Financial institutions, in particular, need to stay ahead of the curve using cutting-edge technology to optimize their IT and meet the latest market demands. The banking landscape is constantly changing, and the application of machine learning in banking is arguably still in its early stages. The Metaverse Impact.

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5 Reasons Launching A Fintech Startup Has Become So Challenging

Crunchbase News

By Pavel Shynkarenko The fintech industry recorded its highest year ever in terms of investment value in 2021, but the market has been a lot more challenging for the past two years. This doesn’t mean launching a new fintech venture is impossible. It means that the rules have changed. Crypto is also now being targeted by regulators.

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Ocrolus lands $80M at a $500M+ valuation to automate document processing for fintechs and banks

TechCrunch

Thomvest Ventures, Mubadala Ventures, Oak HC/FT, FinTech Collective, QED Investors, Bullpen Capital, ValueStream Ventures, Laconia, RiverPark Ventures, Stage II Capital and Cross River Bank also participated in the latest round. The company is one that is refreshingly transparent about its financials. operations.

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Sequoia and Andreessen Horowitz invested more in fintech than any other sector in 2022

TechCrunch

Every week, I’ll take a look at the hottest fintech news of the previous week. I’m not going to lie — upon learning this, my fintech-loving ears perked up. And fintech represented nearly a quarter of the firm’s deals. More than a quarter (28%) of a16z’s fintech investments in 2022 went to the payments category.

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How to Screen and Interview Fintech Data Engineer

Mobilunity

When it comes to financial technology, data engineers are the most important architects. They build the foundations of new solutions that move the fintech field forward. The fintech sector has witnessed explosive growth, characterized by rapid innovation and substantial investment.

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AI startup Fourthline locks down $54M to bring better ID checks and compliance tools to the finance sector

TechCrunch

Today, it said it has raised €50 million ($54 million) in funding to expand that technology. But the proliferation and growing sophistication of malicious approaches, which are coming from humans but also machines and sometimes AIs, makes the challenge of addressing those malicious approaches and fraud attempts increasingly difficult.