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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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The early returns on gen AI for software development

CIO

Generative AI is already having an impact on multiple areas of IT, most notably in software development. Early use cases include code generation and documentation, test case generation and test automation, as well as code optimization and refactoring, among others.

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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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Steps CIOs should take to protect customer data in Nigeria’s open banking systems

CIO

Due to Nigeria’s fintech boom borne out of its open banking framework, the Central Bank of Nigeria (CBN) has published a much-awaited regulation draft to govern open banking procedures. According to the Africa Funding Startup 2021 report, Nigerian fintech has brought in more than half of the US$4.6 Securing customer data.

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A nine-figure raise in fintech? Oh my

TechCrunch

Every week, I’ll take a look at the hottest fintech news of the previous week. While infrastructure is not exactly sexy, it is resilient — meaning that we have consistently seen startups working on it faring better than many other fintechs. It’s infrastructure. ” Damn.

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Fintech giants face uphill battle

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. billion last year — would join the long list of fintech giants letting go of workers. Weekly News.

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Alphabet’s CapitalG leads $40 million round in fintech Mantl

TechCrunch

But without the big budgets of larger institutions, keeping up technology-wise can be a challenge. Enter MANTL , a startup that has developed technology to make it easier for people to open accounts digitally at community banks and credit unions so that those institutions can increase deposits and ultimately, profits.

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