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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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Muslims come into the frame in Southeast Asia’s fintech boom

TechCrunch

Southeast Asia is already home to a thriving fintech scene, where Grab , GoTo and Sea have built super apps that encompass financial services, and startups like Xendit , Akulaku and Dana (to name a few) have raised hundreds of millions of dollars for payments, banking services and other financial tools. Indonesia emerged as the best choice.

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Qapita, a developer of equity management software for startups, raises $5M led by MassMutual Ventures

TechCrunch

Qapita , a Singapore-based fintech that provides capitalization table and employee stock ownership plans (ESOP) management software, has raised $5 million in pre-Series A funding. Its software platform helps private companies digitize and manage cap tables, perform due diligence and issue equity to employees.

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Ex-Uber software engineers raise $3M for Sperta, a 6-month-old startup that wants to help fintechs better manage fraud risk

TechCrunch

Working together at Uber’s risk team, Yifu Diao and Ming Fang came to realize that with the hypergrowth the company was seeing came fraud challenges. When Fang joined Uber’s risk team in 2016, there was a need to use Mastermind at dispatch time — when drivers and riders are matched. We are keenly aware of this,” Diao said.

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Beyond Recruitment: N2Growth’s COO Search Solutions Enhance Organizational Performance

N2Growth Blog

They are responsible for critical decision-making and problem-solving at an operational level, which directly impacts the organization’s performance. Also, as a part of the executive management team , COOs frequently play an intricate role in policy development and governance.

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Stitch raises $21M for its API infrastructure and embedded finance platform

TechCrunch

Open finance continues to be a significant theme in the world of fintech as businesses tap APIs to access customers’ financial accounts and provide a gamut of integrated and embedded financial services. The South African API fintech enables businesses to build, optimize, and scale financial products.