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Visa takes a swipe in fintech, builds new online marketplace

TechCrunch

The relationships between banks and fintechs are multi-faceted. Well, today, an announcement by global payments giant Visa is aimed at helping facilitate banks and fintechs’ ability to work together. I talked with Terry Angelos, senior vice president and global head of fintech at Visa, to understand just exactly what that means.

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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.

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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. What we have done is build a modern connectivity layer that sits on top of the payment systems on the global net core networks. The company did not disclose its valuation.

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Identitypass, an identity verification API for Africa, raises $2.8M seed funding

TechCrunch

In turn, this has increased the market opportunity for startups, especially fintechs and e-commerce, which try to provide various solutions to meet the financial needs of the populace. Thus, the need for fintechs and digital businesses in Africa to perform stringent KYC and verification checks on their customers. million. .

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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. We see it most clearly in the public debate over consumer technology companies, but now the examination is moving deeper into the software stack. fintech) software solutions.

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Cross River Bank goes from tiny to mighty, with a $3B+ valuation and a crypto-first strategy

TechCrunch

Financial technology startups raised $121.6 The Fort Lee, New Jersey-based institution is also a technology infrastructure provider that powers lending and payments for many of the fintechs that top VCs are also backing. At the time, the move by investors in a number of Silicon Valley’s fintech startups was seen as rare.

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B2B marketplaces will be the next billion-dollar e-commerce startups

TechCrunch

Merritt Hummer is a partner at Bain Capital Ventures, where she invests in the fintech, e-commerce and proptech sectors. The B2B e-commerce industry has broad reach, encompassing everything from commerce infrastructure and payments technology to procurement and supply-chain solutions. Merritt Hummer. Contributor. Share on Twitter.

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