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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.

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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 former employees admit that the underlying technology the business built is actually good.

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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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Caribou grabs $3M to remove the ‘unexpected’ from healthcare cost planning

TechCrunch

The company, led by co-founders Christine Simone and Cory Blumenfeld and founding engineer Giorgio Delgado, gathers data on factors, like utilization, health conditions and medications, and provides financial advisors with a scalable tool to evaluate a client’s healthcare planning needs.

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Brick closes $8.5M seed to enable open finance across Southeast Asia

TechCrunch

But this means fintechs need access to large amounts of data that they can use to verify customer identity, creditworthiness or aggregate information from online accounts. Brick currently operates primarily in Indonesia, but is planning to expand into Singapore and the Philippines before eventually covering all markets in Southeast Asia.

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Nigerian restaurant management platform Orda gets $1.1M, wants to be the Toast of Africa

TechCrunch

The market, dominated by incumbents like Toast and upcoming players such as MarginEdge and Brazil’s Zak , has its value pegged at over $70 billion globally and is expected to reach $116 billion in the next four years. As with most technologies, Africa is playing catch up in this food-tech segment. said the CTO in a statement.

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