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Fintech startup Vise brings on Andrew Fong (formerly Dropbox) as CTO

TechCrunch

Vise , a fintech firm that focuses on helping financial advisors rather than automating them out of existence, has today announced that it is bringing on Andrew Fong as its chief technology officer. Fong hails from Dropbox, where he served as VP of Infrastructure Engineering. You can check out the video of their demo here.

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So much fintech M&A

TechCrunch

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. — Mary Ann. The deal was just one of many M&A deals in the fintech space that occurred last week. Weekly News.

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Fintech startup Vise raises $65 million in Series C led by Ribbit Capital

TechCrunch

Vise uses an AI-powered platform to give independent financial advisors the same level of data as advisories with their own analyst departments. Vise does a lot of heavy lifting where the latter is concerned, freeing up advisors to focus on the former. How much product room will fintech giants leave for startups?

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Former Gemini CTO launches Fierce, a high-yield finance super app

TechCrunch

It’s developing a finance super app that is bringing together what founder and CEO Robert Cornish calls “the best of fintech for the customer.” There is also stock trading where users can purchase fractional shares and ETFs. Now meet Fierce , a new company out to change that. You would have had to build everything yourself.

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Fintech Roundup: How going Fast and furious can ruin your startup

TechCrunch

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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Plaid lays off 20% of staff, CEO says the fintech company ‘hired and invested ahead of revenue growth’

TechCrunch

Fintech decacorn Plaid is laying off 260 employees, or about 20% of its workforce, the company announced today. In March, Plaid CTO Jean-Denis Greze told TechCrunch that he grew his engineering team 17.5x Plaid’s layoff comes amid an especially tumultuous year for fintech startups. The fintech layoffs just keep on coming.

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Alloy, Synctera and Unit discuss the future of embedded finance at TC Disrupt

TechCrunch

Banking-as-a-service (BaaS), embedded finance and open banking are among the hottest topics in fintech today. In a session called “Making Money Move with Embedded Finance,” our panel will talk about how a new breed of finance infrastructure companies have the potential to turn any company into a fintech company. The promise?

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