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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 investors appear to be favoring later-stage deals as sector takes a hit, recent data shows

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. We saw fewer layoffs, but also less fintech-related news in general. Some observations, though.

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Burn, baby, burn. Real estate-focused fintech startups feel the heat

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. Layoffs in the sector began — and they took place in a range of real estate tech companies, big and small.

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Nigerian fintech Okra raises $3.5M backed by Accenture Ventures and Susa Ventures

TechCrunch

The last five years have seen a plethora of fintech applications in Nigeria (and Africa, in general) grow at an astonishing rate. Nigeria is becoming Africa’s unofficial tech capital. If anything one can learn from the Nigerian fintech ecosystem over the past two years is that with growth comes regulatory scrutiny.

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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. Bromberg posted a Twitter thread this afternoon saying Pebble engaged in “copy-and-pasting, immaturity, lying, and espionage.”

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