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TechCrunch+ roundup: SaaS burn multiples, 8 fintech VCs spill the tea, all my apes gone

TechCrunch

But say that you are burning $2 million in a quarter, and you are only adding $500,000 of net new ARR. 8 fintech VCs discuss the shifting investing landscape and how to pitch them in Q3 2022. What are fintech investors willing to bet on in this climate? Michael Gilroy, general partner and co-head of fintech, Coatue.

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London-based Fidel API lands $65M in Series B funding, proving fintech infrastructure is hotter than ever

TechCrunch

The raise is another example of how infrastructure companies in the fintech world continue to be resilient despite an apparent slowdown in global funding overall. In February, blockchain infrastructure startup Alchemy announced that it had closed on a $200 million Series C1 equity round that valued the company at $10.2

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YC W22 batch nets 24 African startups, including 18 from Nigeria

TechCrunch

Now, its insurance APIs are suited for businesses in other sectors, including fintech, e-commerce and logistics. Promises include : The company says its KYC/identity platform allows African fintechs and government bodies to capture a “wholistic, end-to-end verification of an individual.” Website : www.tryduplo.com.

.Net 228
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Twig takes $35M to turn stuff you own into a way to pay

TechCrunch

Twig , a London-based fintech targeting Gen Z and younger Millennial consumers with an e-money account that gives them instant cash-outs on fashion and electronics they want to sell, has closed a $35 million Series A round of funding. Now fintech startups compete to offer the most appealing feature mix to net a target youth demographic.

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Regulatory scrutiny is good for the future of software

TechCrunch

While many lament government regulation as an infringement on innovation, I believe increased scrutiny is a net positive for the future of the software industry. fintech) software solutions. In fact, the third quarter of 2021 alone saw the birth of 42 new fintech unicorns, according to CB Insights.

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TechCrunch+ roundup: Holiday marketing tips, low-cost NFTs, SaaS sprawl study

TechCrunch

.” The report had many interesting findings, but here’s the one that left the biggest impression on me: Startups that adopt USP and product-led growth strategies pay back customer acquisition costs faster and have higher net-dollar retention. Why LatAm’s fintech boom is more than hype and superlative venture investment.

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Daily Crunch: Elon Musk unveils three-pronged strategy to fund his $43B Twitter purchase

TechCrunch

Surprising for a fintech founder, where many were unbundling bank services over the years, and yet not surprising as now many are rebundling them. Pretty curious to see how Liquifi is going to evolve – it aims to do the same for web3 and companies issuing blockchain tokens. Fintech Pillar raises $17 million to fix that.

Strategy 229