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Former a16z partner starts solo fund to back early-stage fintech startups

TechCrunch

In 2015, Rex Salisbury was working as a software engineer at now-defunct mortgage startup Sindeo where he built out the back end for fully automated online mortgage pre-approval. His goal with Cambrian was to cultivate a community focused on founders and builders in fintech. . So in 2016, he started his own community, Cambrian.

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Despite the venture slowdown, fintech startups are still hiring

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. Here’s what I found out: Seven fintech companies ranked in the top 50: Brex (No. 4), Ramp (No.

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Longtime investor and operator Adam Nash says he just launched a new fintech startup

TechCrunch

All we really know at this point is that he co-founded the company with Alejandro Crosa, an Argentinian software engineer who most recently spent five months at Slack but logged more than three years at both Twitter and LinkedIn before that. Fintech VC keeps getting later, larger and more expensive.

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Founded by Adyen and Affirm alums, Ansa aims to help merchants create virtual wallets for customers

TechCrunch

Founded last year by former Adyen product manager Sophia Goldberg and ex-Affirm software engineer JT Cho, San Francisco-based Ansa is building what it describes as a white-labeled digital wallet infrastructure to help businesses process small payments and offset high credit card fees for smaller transactions.

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Spend management space sees a large raise, and layoffs, in the same week

TechCrunch

Every week, we’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 our job to stay on top of it — and make sense of it — so you can stay in the know. On Friday, PitchBook’s Q1 2023 B2B fintech investment report showed that investment into enterprise fintech was $11.8

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DeltaX wants to digitize the Andean region’s trucking sector

TechCrunch

There are several layers to DeltaX’s activities: It facilitates communication between parties, automates cargo tracking and reporting, and adds visibility to shipment documentation, with upcoming elements of fintech and machine learning. Adapting to Latin America. Neighbors helping neighbors.

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Compound aims to be a one-stop shop for tech employees to manage their finances

TechCrunch

Like many other tech employees, the two software engineers held equity in startups they had worked for, cryptocurrency investments and other illiquid assets. Jordan Gonen and Jacob Schein had both worked in the tech industry for a few years when they realized they lacked a clear understanding of their own finances.