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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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10 fastest growing US tech hubs for IT talent

CIO

Tech salaries are on the rise thanks to a demand for talent across nearly every industry. between 2021 and 2022, reaching an average tech salary of $111,348 per year, according to the 2023 Dice Tech Salary Report. But you don’t have to live in Silicon Valley to earn a high-tech salary. Salaries increased 2.3% Tampa, Fla.

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Denim, a fintech platform for freight brokers, raises $126M in equity and debt

TechCrunch

Vo was in the credit risk department at Barclays and a full-stack developer at Fintria, a fintech company, while Krishnamoorthy was an associate at several law firms including Gibson, Dunn & Crutcher. ” Denim competes with other fintech firms in the space, including TriumphPay, HaulPay and OTR Capital.

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Sesamm bags $37M to give corporates ESG insights using natural language processing

TechCrunch

Companies can access Sesamm’s flagship product, TextReveal , via several conduits, including an API that brings Sesamm’s NLP engine into their own systems. Elsewhere, private equity firms can use Sesamm for due diligence on potential acquisition or investment targets. and Asian markets.

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Ghanaian fintech Dash raises $32.8M seed to build connected wallets for Africans

TechCrunch

They are responsible for communication between banks and fintechs to settle transactions for consumers and businesses swiftly. But here’s the challenge: While both systems tend to work well when users make transactions within their unique environment, there’s no interoperability for transactions between them. Africa has it different.

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Nigerian fintech of the unbanked Bankly raises $2M led by Vault and Flutterwave

TechCrunch

Today, Bankly , a Nigerian fintech startup digitizing cash for the unbanked, announced that it has closed a $2 million seed round. Founded by Tomilola Adejana and Fredrick Adams in 2018, Bankly is digitizing the informal thrift collections system known with different names such as esusu or ajo in Nigeria.

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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. Image Credits: Jeeves.

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