article thumbnail

Fintech Roundup: Will financial technology startups dodge the venture slowdown?

TechCrunch

Welcome to my weekly fintech-focused column. On March 25, PitchBook released its 2021 Annual Fintech Report , which found that the fintech industry raised $121.6 On March 25, PitchBook released its 2021 Annual Fintech Report , which found that the fintech industry raised $121.6 billion in half a year’s time.

Fintech 241
article thumbnail

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. 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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The cyber security challenges in fintech and neobanking’s rise

CIO

The 2020s is set to see a rapid growth of fintech and neobanking offerings in Australia. Riccardo Galbiati, cyber advisor, Office of the CSO at Palo Alto Networks, says the biggest advantage fintechs and noebanks have over traditional, larger financial services firms in the sector is their agility.

Fintech 246
article thumbnail

Taktile raises $20M to help fintech companies test and deploy decision-making models

TechCrunch

The logic behind many fintech companies’ automated decisions — decisions that determine whether a customer is approved for a credit line, for example — is hard-coded into their app’s backend. It’s a lot of sensitive data that Taktile handles.

Fintech 228
article thumbnail

Muslims come into the frame in Southeast Asia’s fintech boom

TechCrunch

Southeast Asia is already home to a thriving fintech scene, where Grab , GoTo and Sea have built super apps that encompass financial services, and startups like Xendit , Akulaku and Dana (to name a few) have raised hundreds of millions of dollars for payments, banking services and other financial tools. Indonesia emerged as the best choice.

Fintech 246
article thumbnail

Tiger Global and a slew of high-profile investors make a $35M bet on LatAm fintech Pomelo

TechCrunch

Just over five months after raising a $9 million seed funding round , Latin American fintech Pomelo announced today that it is raising $35 million in Series A financing led by Tiger Global Management. The startup was founded earlier this year to build a fintech-as-a-service platform for Latin America. Image Credits: Pomelo.

Fintech 242
article thumbnail

Fintech Roundup: How going Fast and furious can ruin your startup

TechCrunch

Welcome to my weekly fintech-focused column. The big events in the fintech world over the last week felt like a very different vibe from 2021, which was filled with mega rounds, celebrations and lofty valuations. And former employees admit that the underlying technology the business built is actually good.

Fintech 263