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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. Here’s to empathetic leadership as some startups potentially face tough times. Now on to funding rounds.

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TruStone Financial Credit Union’s Gary Jeter on friction-free digital experiences

CIO

Gary Jeter, Executive Vice President, Chief Technology Officer at TruStone Financial Credit Union, joins host Maryfran Johnson for this CIO Leadership Live interview, jointly produced by CIO.com and the CIO Executive Council. Watch the episode: Listen to the episode: CIO Leadership Live.

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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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Better.com’s public market debut was Miserable.com

TechCrunch

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. Better.com finally went public The biggest fintech news of the week centered around Better.com’s no good, very bad public market debut. There was also a mega-raise, and an acquisition too. The de-SPAC was a way to raise $565M.

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CIOs in financial services embrace gen AI — but with caution

CIO

Conscious of the recent history of disruption to financial services, the sector’s technology leaders are already looking for opportunities in AI. Generative AI is starting off a new age of exploration in IT,” says Frank Schmidt, CTO at insurance firm Gen Re.

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Farther, a wealth tech firm, banks $15M Series A as valuation hits $50M

TechCrunch

Prior to Farther, Matthews, CEO, was an investment banker and management consultant before co-founding Essmart, a social enterprise company in India, and then moving over to a leadership position at fintech retirement advisory firm ForUsAll.

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VCs, unicorn founders back Truora, a startup that helps LatAm businesses onboard users via WhatsApp

TechCrunch

Today, Truora describes itself as a SaaS startup that builds authentication and communication tools for Latin American startups, marketplaces, fintechs and banks. Its technology includes automated onboarding with features such as automated chatbot conversations, facial recognition, document verification and background checks.