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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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Fintech startup Jeeves raises $180M, quadruples valuation to $2.1B in half a year

TechCrunch

Less than seven months after closing on a $57 million Series B , fast-growing fintech Jeeves has raised $180 million in a Series C round that values the company at $2.1 Financial technology companies raising multiple rounds in a short period of time has become more the norm than an exception as of late.

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Skyflow and Plaid partner in effort to bolster fintech data security

TechCrunch

Skyflow , which sells data privacy tools for corporate customers, this morning announced a partnership with Plaid , a unicorn that helps pass fintech data between parties through an API. TechCrunch has a longer dig into how the startup’s technology works here , from our first coverage of the company.). in 4 years. Everyone wins?

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Founder alleges that YC-backed fintech startup is ‘copy-and-pasting’ its business

TechCrunch

Andy Bromberg, CEO of the a16z-backed startup Eco, is claiming that Pebble , another fintech startup that came out of stealth this morning, “plagiarized” Eco’s materials and business model. which our systems flagged as fraudulent. Well, we tracked it all. I’ve never seen anything like it.

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The early returns on gen AI for software development

CIO

Still, gen AI for software development is in the nascent stages, so technology leaders and software teams can expect to encounter bumps in the road. But early returns indicate the technology can provide benefits for the process of creating and enhancing applications, with caveats.

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CIOs in financial services embrace gen AI — but with caution

CIO

So business technology leaders in financial services are carefully navigating a path toward AI. AI dominates discourse and headlines, but financial services technology leaders know there’s a lot of substance amid the noise. We’re seeing how fast this technology is maturing, so it’ll have a very different hype cycle.”

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YC-backed Curacel unveils new API platform that enables tech-led businesses to offer insurance

TechCrunch

Curacel , the YC-backed startup that is developing insurance infrastructure for the African market, has launched a new interface that allows digital businesses like those in retail, fintech, e-commerce and logistics to add insurance to their core products. And so we built the system for them,” said Mascot.

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