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7 investors reveal what’s hot in fintech in Q1 2023

TechCrunch

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?

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Fintechs in Africa continue to overshadow all other startups in funding gained

TechCrunch

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.

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Payments remain the darling of the fintech space

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 Last week, I dug into CB Insights’ State of Fintech 2022 report. Wealth tech companies brought in $1.7

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10 fastest growing US tech hubs for IT talent

CIO

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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A nine-figure raise in fintech? Oh my

TechCrunch

Every week, I’ll take a look at the hottest fintech news of the previous week. Clear Street , which says it is building “modern infrastructure” for capital markets, raised $270 million at a $2 billion valuation in the second tranche of a Series B raise. It’s infrastructure. In fact, we might have yawned. ” Damn.

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Nigerian fintech Okra raises $3.5M backed by Accenture Ventures and Susa Ventures

TechCrunch

The last five years have seen a plethora of fintech applications in Nigeria (and Africa, in general) grow at an astonishing rate. million in two rounds and the company will use the investment to expand its data infrastructure across Nigeria. . Nigeria is becoming Africa’s unofficial tech capital. In total, Okra has raised $4.5

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Inside Marqeta’s fascinating fintech IPO

TechCrunch

Looking ahead, Squarespace (site design and hosting) will direct list this week, while Oatly (pressed grain juice) and Procore (construction tech) will price and complete traditional IPOs in the next few days. The two fintechs are our targets today, though we’ll take them in sequential posts.

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