article thumbnail

Will software for CFOs create a bright spot in a battered fintech market?

TechCrunch

The comedown from the venture capital boom of 2021 has shaken up much of the startup world, but the dearth of capital has shown up sharply in one particular niche: fintech. CB Insights data indicates that after reaching a peak in 2021, funding to fintech startups across the world dropped a drastic 46% to $75.2 billion from $139.8

Fintech 274
article thumbnail

Payments, lending and neobanks rule fintechs in emerging markets, report says

TechCrunch

Tech investments in emerging markets have been in full swing over the past couple of years and their ecosystems have thrived as a result. Some of these markets like Africa, Latin America, and India, have comprehensive reports by publications and firms on trends and investments in their individual regions. Let’s dive in.

Fintech 310
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Fintech outperformed the market in 2021, and it’s set to do even better

TechCrunch

The former commercial chief (Product, Sales and Marketing) at PayPal, he now leads fintech investing at Matrix Partners, where he also invests in consumer marketplaces and enterprise software. Fintechs could see $100 billion of liquidity in 2021. Matt is an early stage fintech investor at Matrix Partners. Matt Brown.

Fintech 269
article thumbnail

SumUp taps €285M more in growth funding to weather the fintech storm

TechCrunch

SumUp — the fintech that provides payments and related services to some 4 million small businesses in Europe, the Americas and Australia — has picked up some growth funding to navigate the choppy waters of the current fintech market, waters that have tipped and swayed SumUp itself.

Fintech 296
article thumbnail

As fintech valuations fall, even Stripe isn’t immune to a changing market

TechCrunch

Fintech startups are taking the downturn harder than most other sectors, data indicates. So much so that even the largest and best-known private fintech companies are suffering from embarrassing revaluations. The Exchange explores startups, markets and money. Yes, the best startups will always be able to raise.

Fintech 236
article thumbnail

Fintech Farm nabs $7.4M to launch neobanks in Nigeria and other emerging markets

TechCrunch

Fintech Farm , a newly launched fintech startup based in the U.K. that creates digital banks in emerging markets, confirmed to TechCrunch today that it has raised $7.4 Digital banks, neobanks, challenger banks or whatever you may call them, are among the biggest recipients of VC investments in fintech.

Fintech 260
article thumbnail

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.

Fintech 294