TechCrunch

MARCH 22, 2022

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.

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TechCrunch

JULY 31, 2022

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. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Weekly News.

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TechCrunch

MAY 23, 2022

Andy Bromberg, CEO of the a16z-backed startup Eco, is claiming that Pebble , another fintech startup that came out of stealth this morning, “plagiarized” Eco’s materials and business model. which our systems flagged as fraudulent. — Andy Bromberg (@andy_bromberg) May 23, 2022.

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TechCrunch

APRIL 20, 2021

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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TechCrunch

SEPTEMBER 19, 2022

Fintech Portabl announced the closing of a $2.5 Harlem Capital Partner Brandon Bryant said what initially drew the fund to Portabl was the idea that the verification of identity in fintech is still unsolved. Fintech app Portabl raises $2.5M million seed round today led by Harlem Capital Partners.

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Mobilunity

APRIL 18, 2024

The role of skilled fintech developers React experts has become increasingly important as traditional banking methods evolve. This demand has propelled technologies like React and TypeScript to the forefront of fintech application development. By 2028, this share is anticipated to exceed $400 billion.

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TechCrunch

DECEMBER 8, 2021

The Kenyan fintech Kwara was launched in 2019 to help credit unions (savings and credit cooperatives societies, SACCOs) in the East African country shift to digital platforms by providing them with its proprietary Back-end-as-a-service (BaaS) software.

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TechCrunch

APRIL 23, 2021

According to the survey, the city is strong in sectors such as fintech, agritech, hospitality tech, emerging tech, cybersecurity, SaaS and medtech. Brendan Digney , founder, Machine Eye Technology. We’re strong in cybersecurity and (to an arguably lesser extent) fintech. Toyah Warnock , co-founder, Lane 44. Cloudsmith.

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TechCrunch

JULY 7, 2021

When Daniel Simon sold Bread , a consumer purchase finance and payments startup he’d co-founded, to Alliance Data Systems for over $500 million late last year, he quickly set his sights on building another startup. Coast co-founders Daniel Simon and Andrew Woolf.

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TechCrunch

NOVEMBER 17, 2022

Symend today announced that it raised $42 million in a Series C round led by Inovia Capital with participation from Impression Ventures, Mistral Venture Partners, BDC’s Growth Venture Co-Investment Fund, BDC Capital’s Women in Technology Fund, Plaza Ventures and EDC. delinquent credit card).

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TechCrunch

NOVEMBER 17, 2021

Nearly one in three American households have delayed medical care due to its cost, per a 2019 Gallup poll. . The artificial intelligence technology underlying the platform allows hospitals to leverage patient data to determine payment plans specific to each patient while keeping administrative costs low. Healthcare costs in the U.S.

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TechCrunch

SEPTEMBER 30, 2022

While leagues behind fintech as a whole, insurtech startups have still attracted a significant amount of investment over the last few years — $43 billion between 2016 and 2022, according to a recent report. In emerging markets, insurtech is following the path of fintech, where we are seeing fast followers of models that have worked elsewhere.

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TechCrunch

MARCH 20, 2023

Credable , an upstart in this category that provides its clients with the technology stack, scoring capabilities, and banking partners, has raised a $2.5 valuation Fintechs offering banking-as-a-service in the U.S. million seed round. So far, over 1.2 Banking-as-a-service startup Unit closes on $100M at a $1.2B

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TechCrunch

MARCH 9, 2022

Brian Smith was an early believer in the city, founding S3 Ventures with a $20 million first fund after a career as an electrical engineer at companies like IBM before starting his own company, Crossroads Systems. She recalls over a decade ago talking to tech-enabled consumer lenders about how technology would affect financial services.

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CIO

SEPTEMBER 7, 2023

As a fintech company, the reliability of our products and services is critical to ensuring that Discover® Financial Services customers can access their money, credit, and accounts when they need to. This helps ensure that systems are ready for any peak times. My team at Discover Financial Services is responsible for digital payments.

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CIO

SEPTEMBER 7, 2023

Slowing the progression of AI may be impossible, but approaching AI in a thoughtful, intentional, and security-focused manner is imperative for fintech companies to nullify potential threats and maintain customer trust while still taking advantage of its power. Exploiting technology vulnerabilities.

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CIO

FEBRUARY 23, 2024

The year has been marked by a general increase in state-sponsored attacks due to geopolitical conflicts. Ransomware attacks have also increased in 2023 probably due to their perceived profitability. The skills challenge is likely going to be key as a result of the rise of disruptive technologies such as Generative AI.

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TechCrunch

OCTOBER 13, 2022

As a partner in a fund of funds, I attend a lot of annual meetings, talk with a lot of venture fund general partners and review a lot of investor decks. While not nearly as bad as marketing tech, we are seeing a huge inflation in the number of cybersecurity and fintech companies as well. How many more payment companies can be created?

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CIO

MARCH 12, 2024

Still, gen AI for software development is in the nascent stages, so technology leaders and software teams can expect to encounter bumps in the road. But early returns indicate the technology can provide benefits for the process of creating and enhancing applications, with caveats.

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Existek

OCTOBER 22, 2021

Fintech applications prevail in the financial sphere, but the process of their development doesn’t look easy at the first glance. So, how to build a fintech app to deliver the best quality to end-users and beat the competition? Before asking “How to build a fintech app,” it’s worth knowing why one should do it.

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Datavail

AUGUST 10, 2023

Datavail’s customer, a trading technology FinTech company, has a decades-long history of creating world-class trading tools and market connectivity solutions. These needs ranged from entering new markets, creating new services, and streamlining current technology and operational workflows.

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TechCrunch

APRIL 21, 2022

In December, CloudTrucks raised a $115 million Series B to broaden its digital integration between shippers and carriers, and earlier this month, SmartHop raised $30 million to improve on its fintech products like its fuel card to help truckers lock in good deals on gas. Now, the company wants to expand on recently introduced products. .

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Network Technical Review Fintech Systems Review 240

TechCrunch

MAY 26, 2022

Startups like FlexID remind us that distributed ledger technology has the potential to play other roles, including offering trusted records of identities without the need for a centralized authority. Zimbabwean serial entrepreneur Victor Mapunga founded FlexID in 2018 out of his frustration with the banking system. million in 2020.

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TechCrunch

AUGUST 4, 2022

Tooling around : Two years ago, two former Palantir engineers started Kurtosis, a crypto-focused developer tool system, and have now raised $20 million in fresh funding to hire a team to get a new product out in the next year, Jacquelyn reports. Diving into due diligence. The road to an LOI. Bringing in bankers.

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TechCrunch

JUNE 11, 2022

In the mix were anticipated improvements to its various operating systems and computers — and plans to expand its fintech footprint. However, while it’s earned a market footprint of sufficient scale as to matter in the consumer financial technology market, it’s not considered a fintech company per se.

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Marketing Fintech Systems Review Operating System 241

Praxent

AUGUST 5, 2021

Closing the gap between sales and revenue for B2B fintechs. Fintechs risk losing sales due to long backlogs, slow revenue recognition, product roadmap delays, developer attrition and unhappy customers because of this one thing. With a hybrid implementation team, the fintech can: . Lack of flexibility.

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TechCrunch

MARCH 10, 2022

Curacel , the YC-backed startup that is developing insurance infrastructure for the African market, has launched a new interface that allows digital businesses like those in retail, fintech, e-commerce and logistics to add insurance to their core products. And so we built the system for them,” said Mascot.

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CIO

DECEMBER 27, 2023

So business technology leaders in financial services are carefully navigating a path toward AI. AI dominates discourse and headlines, but financial services technology leaders know there’s a lot of substance amid the noise. We’re seeing how fast this technology is maturing, so it’ll have a very different hype cycle.”

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TechCrunch

MAY 9, 2023

Also included in the announcement was news that the Canadian e-commerce giant had found a new owner for 6 River Systems, the warehouse automation firm it purchased in 2019 for nearly a half-billion dollars , reports Brian. It’s not a great system — because it’s largely based on relationships, bias is baked into the recipe.

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TechCrunch

MARCH 7, 2023

When it comes to sustainable infrastructure development, technology is making terrific leaps and bounds. With its $25 million Series B funding — which takes its total funding to over $42 million — Banyan Infrastructure is seeking to align sustainable project finance with the technology it is meant to support and develop.

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Sustainability Technical Review Development Team Review Software Review 190

Tenable

MARCH 29, 2024

Plus, how to cut cyber risk when migrating SCADA systems to the cloud. s cyber agency is warning operational technology (OT) teams to prioritize cybersecurity. s cyber agency is warning operational technology (OT) teams to prioritize cybersecurity. Check out new guidance for banks on combating AI-boosted fraud. And much more!

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Systems Review Weak Development Team Banking System 65

CIO

DECEMBER 21, 2023

A simple Google search can reveal that some of the major airlines with state-of-the-art IT infrastructure had customer data stolen due to security breaches. In addition, the world of e-commerce technology seems to be perpetually evolving with fintech innovations and payment orchestration platforms. Well not exactly.

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Airlines Security Systems Review Technical Review 130

TechCrunch

APRIL 5, 2022

In Nigeria, POS terminals are used to process card payments at retail locations as well as for agency banking purposes, a branchless banking system where agents act like human ATMs. One of the biggest challenges to the mass adoption of card payments at retail locations is the rate of transaction failures due to poor internet connection.

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TechCrunch

AUGUST 18, 2023

Drones, sensors, field medicine, space, weapon systems, analysis… you name it. Technology that enables people to live longer on their own (not as big a factor in other countries where it is normal for multi-generational households to exist) and to take ownership of their health and care is on the rise.

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Biotech Technical Review Fintech Trends 221

TechCrunch

JULY 1, 2021

Mouro Capital — a venture capital fund focused on fintechs and adjacent businesses that is backed by Banco Santander — led the round for the Monterrey, Mexico-based startup. Nowports has created industry leading technology to help its customers know when to turn starboard or port side,” he added. It’s a big opportunity.

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Industry Technical Review Systems Review Software Review 249

CIO

JUNE 16, 2023

We were able to ramp up on the technology side.” The last 10% still run on the mainframe, but Vaughan plans to phase that out and modernize the company’s legacy applications for the cloud using a combination of microservices, serverless technology, DevSecOps practices, and lift-and-shift strategies.

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Retail Microservices Analytics Fintech 246

TechCrunch

JANUARY 27, 2022

The sheer volume of loan originations is testament to the need for more efficient loan origination systems (LOS). While down from the previous year, which saw a big jump in refinancings and new home purchases due to historically low interest rates, that’s still a lot of loans. trillion in loan originations in 2022.

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Infrastructure Technical Review Banking Systems Review 243