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

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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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. We let them just focus on building the product and launching it and achieving product-market fit.”.

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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. With the funding market slowing down, we’ll likely see more layoffs and shutdowns, unfortunately.

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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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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. . Any change in the market conditions will drive them to losses, quite frankly.

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TechCrunch

OCTOBER 15, 2021

Fintech regulations in Latin America could fuel growth or freeze out startups. But with the region’s thirst for innovation, the market is expected to expand nearly tenfold over the next decade, with open banking through the use of APIs leading the way and acting as digital transformation facilitators. How can we overcome it?

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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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Crunchbase News

MARCH 12, 2024

The artificial intelligence theme was evident again on the board last month: Two of the new companies on the board are in the AI sector, and many of the other newcomers have the technology woven into their products. The next-largest funding for a new February unicorn was raised by a 2-year-old U.S.-based based robotics company.

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TechCrunch

DECEMBER 8, 2022

Artificial intelligence is taking over almost every industry. Akros Technologies wants to disrupt the current asset management industry via its AI-driven asset management software platform that mines market data for stocks. Founded by CEO Moon, CSO Jin and chief marketing officer Justin Gim, Akros employs seven people.

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CIO

JANUARY 4, 2023

Premji Invest deploys a “crossover format” (investing in both private and public companies) across the technology, healthcare, consumer, and FinTech landscapes; it has backed market leaders like Outreach, Sysdig, Heyday, Anaplan, Coupa, Moderna, Carta, Flipkart, Looker (acquired by Google), and DataStax.

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TechCrunch

MARCH 21, 2022

Originally called Back Office, Miami-based Finally is collecting data points on bookkeeping, invoicing, bill payment and payroll, and leveraging artificial intelligence and automation to put together a financial picture for their clients. The round was led by PeakSpan, with participation from Active Capital, 500 FinTech, and GTMfund.

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TechCrunch

MARCH 27, 2023

Here are the big new stages spread out across this year’s Disrupt: The Artificial Intelligence Stage: Explore the rapidly expanding capabilities and potential of artificial intelligence; dig into the science behind the deep tech, the products it powers and the ethical, social and legal challenges that come with it.

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TechCrunch

JANUARY 13, 2022

Aiming to give merchants more control over this, Seel , which focuses on underwriting e-commerce returns, is leveraging artificial intelligence to build proprietary underwriting software that uses hundreds of signals to predict the probability of return as soon as an order is placed, co-founder Zack Peng told TechCrunch via email.

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TechCrunch

NOVEMBER 30, 2021

We use artificial intelligence to deliver financial products that small business owners use to better run and grow their businesses,” CEO Prashant Fuloria told TechCrunch. Or more simply, the company aims to solve SMBs’ working capital needs through its credit and payments offerings.

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TechCrunch

APRIL 8, 2022

After a decade at Alibaba and its fintech affiliate giant Ant Group, Max Ma founded SwooshTransfer in 2021 to facilitate cross-border payments for small- and medium-sized enterprises, as well as individuals such as overseas students, for whom tuition payments are often a hassle. The company declined to disclose the exact funding amount.

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TechCrunch

JANUARY 19, 2022

” Third of all has been the impact of Covid-19 and wider market forces. “ A lot of these fintechs start and stop and go right and left. .” Secondly is the fact that this is simply what consumers are demanding now, the “table stakes” in this territory, as Sosna puts it. “They really have no choice.”

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TechCrunch

DECEMBER 8, 2021

The Kenyan fintech Kwara was launched in 2019 to help credit unions (savings and credit cooperatives societies, SACCOs) in the East African country shift to digital platforms by providing them with its proprietary Back-end-as-a-service (BaaS) software. The startup’s goal is to serve 1 billion people by 2030.

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TechCrunch

FEBRUARY 1, 2022

Africans and people in emerging markets missed out on the first set of opportunities that technological advancements brought to the world. Computers, the internet, fintech, artificial intelligence, any tech you can name ( except mobile tech) people in these regions have always had to play catch up.

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CIO

DECEMBER 27, 2023

Highly regulated, customer-centric, and dependent on layers of human involvement and manual processes, financial services are ripe for automation through artificial intelligence (AI). Artificial Intelligence, CIO, CTO, Emerging Technology, Financial Services Industry, Generative AI, Legal, Security

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Crunchbase News

APRIL 25, 2024

With Microsoft -backed data security firm Rubrik set to enter the public market this week, talk about the rejuvenated IPO market has returned as many wonder who may be next, and when. However, the IPO market has significantly changed since those free money days of 2021. The current startup facing the market has some of that.

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TechCrunch

MAY 17, 2023

Bolttech’s Series B is closed to new interest from the market, but we continue to engage with the investor community in case of future opportunities,” he told TechCrunch. Bolttech earlier announced that Tokio Marine will lead its Series B funding round, which then valued the company at an up-round valuation of $1.5

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TechCrunch

FEBRUARY 28, 2023

StudentFinance , a European fintech that funds educational programs for individuals through so-called income share agreements , has raised €39 million ($41 million) in a Series A round of funding. “We also use data from analyzing systemic and market changes such as government incentives for companies to become ‘greener.’

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Exadel

MAY 4, 2023

Thankfully, the rise of remote work and FinTech providers has opened up many new pathways toward finding the talent a regional bank needs for AI initiatives. As the platform market becomes larger and more diverse, so is the range of highly-tailored platforms intended for specific banking solutions and services. Call us now!

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TechCrunch

OCTOBER 25, 2022

The startup currently has more than 6,000 customers in 75 countries, including SMBs in spaces like house cleaning, schools, education centers, edtech, fintech, medical facilities, D2C brands and Shopify stores. The company also has go-to-market plans for emerging markets, like Latin America and Southeast Asia.

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TechCrunch

APRIL 21, 2021

One such startup, Tribal Credit , launched its beta in late 2019 to provide payment products for startups and small to medium-sized businesses (SMBs) in emerging markets. Brex , which has amassed $465 million in venture capital funding to date, also markets a credit card tailored for startups. Image Credits: Tribal Credit.

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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 the last five years, the rise of FinTech companies and solutions has completely changed how financial services are done. Necessary to meet market standards. To survive in the market.

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TechCrunch

FEBRUARY 28, 2022

The biggest issues for regulators were related to what companies did with their market dominance (i.e., 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.

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TechCrunch

FEBRUARY 19, 2021

Backing the Dublin-based company, which targets mid-sized businesses that operate multi-entities, is Finch Capital, the fintech focussed VC that recently outed its third fund. Finch Capital launches third fund to invest in European fintech at Series A and B.

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TechCrunch

AUGUST 10, 2021

What factored into the current valuation is our annual recurring revenue, growing customer base and total addressable market,” he told TechCrunch, declining to be more specific about ARR other than to say it is growing “at a very fast rate.” auto insurance industry is an at least $250 billion market,” he added. “The U.S.

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TechCrunch

SEPTEMBER 21, 2021

And lastly, the round makes Kavak the second most valuable startup in all of Latin America — the first being Brazilian fintech Nubank, which earlier this year was valued at $30 billion. Put simply, Kavak is an online marketplace that aims to bring transparency, security and access to financing to the used car market.

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CIO

SEPTEMBER 14, 2023

As one FinTech attendee noted, “get out of the ‘art of the possible’ and identify what is probable.” And put together a plan to “market” the value of a data asset to management so they’ll get on board and fund it! Artificial Intelligence, Events, Security Generative AI can do a lot of things. Try to stay on your plan.

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TechCrunch

MARCH 15, 2022

Cybercrime is on the rise, and today an insurance startup that’s built an artificial intelligence-based platform to help manage the risks from that is announcing a big round of funding to meet the opportunity. market, or 23 million businesses, to figure out larger trends in usage and SMB behavior, covering some 1,000 data points.

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Openxcell

OCTOBER 17, 2023

Popularity of Tech startups Tech startups and tech entrepreneurs are great market motivators that drive economic growth along with innovation. The Fintech industry saw the maximum number of startups operating with a 7.1% market share followed by Healthcare at 6.8% and Artificial Intelligence at 5.0%.

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TechCrunch

DECEMBER 15, 2021

The company’s mobile application lets users take a photo of any bill and then its artificial intelligence-powered “bill-understanding technology” makes sure it gets paid (after a user has provided payment details, of course). So far, its growth has been “completely organic,” with no marketing team, according to the CEO.

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CIO

AUGUST 28, 2022

Banks are no longer the key players in the market, with fintech companies, digital-first start-ups, and tech giants delivering their own brand of financial services. One example is Banking-as-a-Service, with the market expected to reach US$3.6 New players, too, are disrupting the landscape in unprecedented ways.

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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. In 2013, I was fortunate to get into artificial intelligence (more specifically, deep learning) six months before it blew up internationally. Alex Dalyac. Contributor. Share on Twitter.

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