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Mexico’s fintech success: How tech is driving the population to banking

TechCrunch

Earlier this month, Citibanamex — Mexico’s second-largest bank — announced that it is building new APIs to allow fintech companies real-time access to information like its services and ATM locations. The move comes as Mexico’s fintech ecosystem flourishes so fiercely that traditional banks have to embrace them or risk lagging behind.

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

TechCrunch

Despite the ongoing correction in the public markets, mass layoffs in the tech sector and high inflation, U.S. 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. Walter Thompson.

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Daily Crunch: Mos evolves from fintech into challenger bank, as early users start post-college lives

TechCrunch

I think it nets out to a changing market, but not one that has settled on a new level of risk tolerance. and that Mary Ann’s fintech newsletter is coming soon. The net is that some investors appear to be dialing back their appetite for high-priced startup rounds, while others are, well, not. Big Tech Inc. We’ll find out.

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Tech’s next great mafia? Laid-off talent

TechCrunch

After tech’s massive exodus of talent, we’re starting to see laid-off talent start companies that are ambitious and aspirational in aim. I’m talking about the legal analyst who got let go from Better.com starting a legal tech startup, or the head of safety at Twitter starting a Twitter rival with safety at the core.

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

TechCrunch

Given Sudan’s very nascent tech ecosystem — Bloom is the country’s second venture-backed startup in over 30 years and YC’s first in the country — it’ll be interesting to see if the startup, with heavyweight founders, can achieve success and open up the Sudanese tech ecosystem. Website : [link].

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‘Insane’ — UK tech reacts to government moves that might hand UK startups contract to Barclays Bank

TechCrunch

Tech Nation is trailing in second place in the race to remain the U.K.’s First in line at this point in time — in a decision which is due in December — is banking giant Barclays. Tech Nation’s existing government funding runs until March 2023. Tech Nation has long been embedded in the U.K. tech startup scene.

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7 ways to spot hidden IT talent within your ranks

CIO

Spotting promising talent requires keeping a close pulse on both the enterprise and its people, says Carter Busse, CIO at business automation technology provider Workato. Schwarz points to generative AI as a technology that’s suddenly leaped into the IT spotlight.