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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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9 tips for recruiting high-end IT talent

CIO

Recruiting and hiring high-end IT talent is among the most challenging tasks IT leaders face today. CIOs, and their recruiting teams, are well aware. As Seth Dobbs, CTO at Bounteous, explains, “We do creative work. But remember that your engineers are not recruiters, she says. We’re creating things that don’t exist yet.

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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 She added that since Plaid is “aligning to updated headcount goals, teams like recruiting are impacted more than others.”.

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Daily Crunch: India’s Central Bank says cryptocurrency ‘may even be worse’ than Ponzi schemes

TechCrunch

And so much more: Homebound raised $75 million from Khosla , MoneyHash picked up $3 million to build a fintech super-API for the Middle East and Africa, and Better Tomorrow Ventures raised $225 million for a new fintech fund. Our startup’s first hire was a fractional Head of Remote. You can sign up here.). Big Tech Inc.

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Meta alumni’s startup TrueFoundry raises $2.3 million to accelerate ML deployments

TechCrunch

Choudhary, who serves as CTO at TrueFoundry, also worked at Meta as a software engineer and helped the social networking giant develop products including mobile apps and live video. Before venturing TrueFoundry, Bajaj and Gutgutia co-founded an AI-based recruitment platform EntHire, which was acquired by Info Edge last year.

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Capitalize, a startup that wants to make it easy to roll over your 401(k), closes on $12.5M Series A

TechCrunch

Sharma teamed up with CTO Chris Phillips in late 2019 to form Capitalize, which went on to raise a $2 million seed round last March led by Bling Capital. I was curious about how Capitalize’s offering differs from the services that financial advisors provide. That was one of the things that motivated Sharma.

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Pipe’s founding team stepping down as hunt for ‘veteran’ CEO begins

TechCrunch

The three co-founders of alternative financing startup Pipe are stepping down from their roles as executives of the company in one of the most dramatic management shake-ups seen in the fintech startup world in some time. CTO and co-founder Zain Allarakhia will remain on the board and serve as a senior advisor to the company.

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