Crunchbase News

FEBRUARY 26, 2024

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.

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TechCrunch

NOVEMBER 5, 2020

The fintech startup facilitates loans between consumers and partner banks, an operation that attracted around $144 million in capital prior to its IPO. Upstart’s technology uses what it describes as artificial intelligence (AI) to approve consumer loans. Can Upstart reach unicorn status with its IPO? Results, earnings.

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CIO

SEPTEMBER 7, 2023

The speed at which artificial intelligence (AI)—and particularly generative AI (GenAI)—is upending everyday life and entire industries is staggering. AI threats to fintech companies When I think about possible AI threats, top of mind to me is how AI can be weaponized: Threats to identity. Artificial Intelligence

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TechCrunch

MARCH 19, 2021

It turns out that all the blather we’ve had to endure about artificial intelligence (AI) in the past decade is coming true, at least in certain applications for select companies. But Upstart’s blockbuster guidance for 2021 is just a sliver of the story.

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TechCrunch

NOVEMBER 22, 2022

The logic behind many fintech companies’ automated decisions — decisions that determine whether a customer is approved for a credit line, for example — is hard-coded into their app’s backend. ” Wehmeyer also sees Noble, a platform that provides a rules-based engine to edit and launch credit models, as a rival.

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CIO

MARCH 13, 2024

L’analisi dei dati attraverso l’apprendimento automatico (machine learning, deep learning, reti neurali) è la tecnologia maggiormente utilizzata dalle grandi imprese che utilizzano l’IA (51,9%). Le reti neurali sono il modello di machine learning più utilizzato oggi.

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TechCrunch

AUGUST 8, 2022

Vadym Synegin is a Ukrainian impact entrepreneur, philanthropist and investor in fintech and crypto projects with more than 15 years’ experience as an entrepreneur in Europe and the UAE. Ukrainians have often pioneered market-leading companies and built products that positively impact society, especially in the fintech sector.

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TechCrunch

JULY 28, 2021

Leveraging machine learning. There are different ways to address the challenge of anomaly detection, including supervised and unsupervised learning. To make matters more complicated, anomaly detection requires the prediction of something that has not been seen before or prepared for.

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TechCrunch

JULY 7, 2022

Co-founder and CTO Henry Bradlow had previously written algorithms to power rocket ships at SpaceX, so the trio —Calvano, Francisco Enriquez and Bradlow — was determined to find a way for artificial intelligence to streamline the construction back office. My weekly fintech newsletter, The Interchange, launched on May 1!

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Mobilunity

APRIL 18, 2024

The role of skilled fintech developers React experts has become increasingly important as traditional banking methods evolve. This demand has propelled technologies like React and TypeScript to the forefront of fintech application development. By 2028, this share is anticipated to exceed $400 billion.

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Crunchbase News

MARCH 12, 2024

Two companies from China joined the board after raising around a billion dollars in funding each: a year-old foundation model company and a 6-year-old satellite network company. AI One-year-old foundation model LLM company Moonshot AI raised a Series B of $1 billion led by e-commerce giant Alibaba Group and Sequoia Capital China.

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TechCrunch

FEBRUARY 19, 2021

Australia native Richard Steggall is the CEO of Urban FT , a New York-based fintech company. He has more than two decades of experience in fintech, capital growth, mergers & acquisitions and strategic IPO advisory. Richard Steggall. Contributor. Share on Twitter. Traditional banks miss the digital mark.

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TechCrunch

FEBRUARY 6, 2023

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. Image Credits: Amy Tomlinson The layoffs keep coming There appears to be no end in sight for layoffs in the fintech space.

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TechCrunch

APRIL 10, 2022

Welcome to my weekly fintech-focused column. The big events in the fintech world over the last week felt like a very different vibe from 2021, which was filled with mega rounds, celebrations and lofty valuations. And if you want to have this hit your inbox directly once it officially turns into a newsletter on May 1, sign up here.

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TechCrunch

MARCH 27, 2022

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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TechCrunch

JANUARY 4, 2022

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. billion investment that fintechs in Africa raised in 2020, and triple the amount in 2019.

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TechCrunch

SEPTEMBER 8, 2022

Featuring founders from 30 countries and startups across sectors including developer tools, fintech and healthcare, the day saw no shortage of compelling pitches. But a particular category of startup stood out: those applying AI and machine learning to solve problems, especially for business-to-business clients.

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Hacker Earth Developers Blog

DECEMBER 26, 2018

On the other hand, fintech companies have the analytical capabilities and, thanks to payments services directives, they now have access to valuable data. Analytics and machine learning on their own are mere buzzwords. SG conducted a series of online machine learning challenges. Impact areas.

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TechCrunch

NOVEMBER 8, 2021

The round, which marks Fidelity’s first investment in an African company, also saw the participation from fintech giant Visa and London-based investment management firm Kingsway Capital. Presently, the fintech only states Cape Town, Nairobi, Porto and London as its primary operational and tech hubs.

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TechCrunch

FEBRUARY 10, 2022

It’s a great time to be in the fraud detection business in crypto and fintech. Sardine , a compliance platform for fintech companies, primarily serves neobanks, NFT marketplaces, crypto exchanges, and crypto on-ramps.

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TechCrunch

FEBRUARY 9, 2021

Finch Capital , the early-stage fintech VC with a presence in London and Amsterdam, has raised a third fund. Out of Finch Capital “Europe III,” the VC will invest in fintech startups at the Series A and B stages, deemphasising its previous inclusion of seed.

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TechCrunch

MAY 9, 2022

An offer they couldn’t refuse : It looks like Egyptian fintech Paymob snagged one of the largest funding deals in the region — a $50 million Series B, with PayPal Ventures and Kora Capital leading — based on its ability to turn cash-loving customers into digital users with its cards and wallets. Christine and Haje.

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TechCrunch

JULY 20, 2021

Alex Dalyac is the CEO and co-founder of Tractable , which develops artificial intelligence for accident and disaster recovery. Here’s how we did it, and what we learned along the way. In 2013, I was fortunate to get into artificial intelligence (more specifically, deep learning) six months before it blew up internationally.

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TechCrunch

NOVEMBER 17, 2021

Payzen , a healthcare fintech startup, raised $15 million in Series A funding for its solution that leverages artificial intelligence to underwrite patients’ medical debt, allowing them to access care and pay for it over time in installments. .

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Toptal

SEPTEMBER 28, 2017

This article argues that it was equally due to his foresight as an early but quiet adopter of computational systems, big data techniques, and artificial intelligence that resulted in his outstanding success. Bridgewater was one of the world’s earliest fintech companies.

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OTS Solutions

JULY 28, 2022

But with the rise of FinTech, consumer expectations, and government pressures being felt throughout the industry, the pressure is on. In plain language , when a company adopts new or develops technology to improve business performance, this is called “digital transformation. AI ( Artificial Intelligence ).

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TechCrunch

APRIL 6, 2023

The first day’s demos included a healthy dose of artificial intelligence and open source, which is different from years past that were dominated by new fintech companies. Over 20,000 applications flew into Y Combinator, which ended up plucking out 282 startups for its latest batch.

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Pandora's Brain

FEBRUARY 23, 2024

So it is unsurprising that the UAE has been quick to spot the enormous future significance of artificial intelligence to all of us, and to pioneer its deployment. During this period its people have progressed from a mediaeval lifestyle to being 21st century metropolitans. It is not just the UAE.

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Daffodil Software

FEBRUARY 25, 2020

Fintech is one of the fastest-growing industries, owing to the rising penetration of internet users. Behind the booming fintech market, there are several technologies that are contributing to make the system fast, secure, and scalable. One such technology is Artificial Intelligence (AI).

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TechCrunch

MAY 17, 2023

Overall, we can help any kind of business—whether they are insurers, brokers, agents or non-insurance businesses like telcos, e-commerce, retailers, fintech—to embed insurance at the point of need for their customers,” Schimek said.

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TechCrunch

MAY 11, 2023

Another smattering of highlights and lowlights: Less LSD for the LLM : Writer introduces product that could help reduce hallucinated content in its LLMs , reports Ron. Or, maybe, do: Higher interest rates are fostering a fintech comeback story , writes Alex. million seed investment, Ron reports. Series A deck.

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TechCrunch

MARCH 27, 2022

More than 100 Australian organizations, including banks, fintech companies and credit unions, use NPP (new payments platform), Australia’s open-access infrastructure for fast payment, according to the NPP website. ” .

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TechCrunch

MARCH 30, 2023

Confluent co-founder Neha Narkhede today announced a new fintech company, Oscilar, that’s developing an “AI-driven” platform to help financial institutions protect online transactions from fraud and theft. million to develop anomaly-detecting tech for fintech payments. Nivelo recently launched with $2.5

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TechCrunch

AUGUST 25, 2023

Uruguayan fintech company dLocal saw its stock surge by over 30% on Wednesday. Apropos crap — after I went out of my way to buy a guest article on TechCrunch (spoiler alert: I failed, but I learned some things along the way), we rebooted our program for non-crap guest posts. billion valuation. billion valuation.

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TechCrunch

FEBRUARY 28, 2022

Products and apps are increasingly driven by artificial intelligence and machine learning, especially those in sensitive areas that impact people’s lives and well-being. 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

JUNE 25, 2021

The city also has the most fintech startups per head in the U.K. The survey revealed that the city has a robust renewable, zero-carbon and fintech startup landscape. Bristol is strong in renewable and zero-carbon innovation, fintech and robotics. A lot of focus on fintech, I think. city for tech investment.

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CIO

MARCH 18, 2024

We are proceeding cautiously because the rise of LLMs [large language models] presents a new level of data security risk,” he says. “We We have been developing our own internal AI capability over the last few years using open-source models.

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