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7 investors reveal what’s hot in fintech in Q1 2023

TechCrunch

The global downturn has impacted every sector, but fintech bore the brunt of it as public-market valuations fell off a cliff last year. However, it appears that even though VCs are proceeding more cautiously than before and taking their time with due diligence, they are still investing. What do you feel might be overhyped?

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The cyber security challenges in fintech and neobanking’s rise

CIO

The 2020s is set to see a rapid growth of fintech and neobanking offerings in Australia. Riccardo Galbiati, cyber advisor, Office of the CSO at Palo Alto Networks, says the biggest advantage fintechs and noebanks have over traditional, larger financial services firms in the sector is their agility.

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Smile Identity expands African footprint with acquisition of Appruve to strengthen ID verification services

TechCrunch

Smile Identity , a KYC compliance and ID verification partner for many African fintechs and businesses, has acquired Inclusive Innovations, the parent company of Appruve , a Ghanaian developer of identity verification software.

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4 perils of being an IT pioneer

CIO

Proponents of early technology adoption further argue that it enables companies to build informal relationships with leading technology providers, develop deeper understanding of the latest technologies, and lure better talent. A senior IT leader from a bank confronted this challenge while working with a fintech provider. “We

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South African payments gateway Ozow raises $48M Series B led by Tencent

TechCrunch

At the time, most fintechs and banks did not recognize the need for using bank payments to facilitate online transactions. African startups join global funding boom as fintech shines. Using the new funds, Ozow hopes to drive fintech regulation to ensure that more people access payment services.

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8 investors weigh in on the state of insurtech in Q3 2022

TechCrunch

“Short term, it might be more difficult to raise at valuations we have seen before the public market adjustment, but with a strong business model and an experienced management team that understands the market and growth KPIs, it is possible,” she said. How does the insurtech landscape in emerging markets compare to developed markets?

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How Antler East Africa is building early-stage startups with experienced professionals

TechCrunch

” It helps founders build complementary co-founding teams, provides support with deep business model validation and a global platform for scaling their businesses. After six months of incubation, the firm invests in the teams they can help further. To date, Antler has invested in and helped build over 250 companies.