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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.

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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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rali_cap gets backing from global VCs and launches $30M fintech fund for emerging markets

TechCrunch

Rali_cap , an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund. The two-year-old VC fund invests in B2B and API-first fintechs across Africa, Latin America and South Asia at pre-seed and seed stages. About 40% are based in the U.S.,

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Payments remain the darling of the fintech space

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 Last week, I dug into CB Insights’ State of Fintech 2022 report. Wealth tech companies brought in $1.7

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Daily Crunch: What’s around the corner for the EV market in 2023?

TechCrunch

Multifaceted fintech : Jakarta-based Akulaku raised $200 million. The fintech, which operates in the Philippines and Malaysia as well, offers a virtual credit card and installment shopping platform, as well as an investment platform and neobank, Catherine writes. Big Tech, Inc. You can sign up here. Manish has more.

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Viola Credit closes $700M fund to provide asset-based lending to fintech startups

TechCrunch

Fintech startup and alternative credit asset manager Viola Credit has closed its latest $700 million fund, which provides asset-based lending capital to fintech, proptech and insurtech startups. If this fintech play reminds you of Silicon Valley Bank, think again. Instead, Viola provides lending capital to fintech lenders.

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Fintechs in Africa continue to overshadow all other startups in funding gained

TechCrunch

The year 2021 saw more and bigger deals closed in Africa, as tech startups across the continent raised close to $5 billion. Fintechs dominated the fundraising, accounting for nearly $3 billion, or two thirds of all the investment realized by startups across the continent last year, a report by markets insights firm Briter Bridges shows.

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