The FinTech industry is making waves all around the world, revolutionizing the way we use and manage funds. As technologies become more advanced and regulations become more sophisticated, traditional banking is no longer fulfilling the needs of many customers. Companies like SoFi, Ocrolus, and GreenSky have emerged to offer services that are faster, more secure,… Continue reading Disrupt is around the corner — Here are the fintech players taking the stage
Tag: fintech
Fintech is a mess. Is BaaS the outlier?
Today more than ever, the financial technology industry, or Fintech, is in a state of disarray. Companies, investors, policymakers, and incumbents are simultaneously grappling with how to keep pace with a rapidly shifting landscape. Yet, among these tumultuous times, one technology seems to rise to the challenge—Business-as-a-Service, or BaaS. BaaS, which leverages cloud computing and… Continue reading Fintech is a mess. Is BaaS the outlier?
Sequoia and Andreessen Horowitz invested more in fintech than any other sector in 2022
As financial technology continues to push boundaries, it’s no surprise that venture capital firms are following the trend and investing more into fintech than in any other sector. According to data from venture capital firms Sequoia and Andreessen Horowitz, they poured more money into fintech startups in 2022 than any other sector. The technology industry… Continue reading Sequoia and Andreessen Horowitz invested more in fintech than any other sector in 2022
The entire fintech industry is not in distress – here’s who is hiring
The COVID-19 pandemic has wreaked havoc on the global economy, leading to uncertainty and upheaval across a variety of industries, including the increasingly popular fintech sector. Many banks, lenders and fintech startups have had to lay off workers or put hiring and expansion plans on hold. But the entire fintech industry is not in distress… Continue reading The entire fintech industry is not in distress – here’s who is hiring
Kenyan fintech
Kenya’s leading fintech company, Kwara, has recently announced a $3 million seed extension, as well as a new partnership with the National Association of Credit Unions (NACU). The company hopes that this additional funding and new relationship will grant them access to over 4,000 credit unions throughout Kenya. Kwara will be using the new funds… Continue reading Kenyan fintech
Kenyan fintech
Kenyan financial technology (fintech) provider Kwara has announced a $3 million seed extension that will allow the company to quickly expand its digital banking services to thousands of credit unions in the African country. The investment was led by Velseis Private Equity and saw participation from existing investors such as Ubenwa Partners, Cross Culture Ventures,… Continue reading Kenyan fintech
Greenlight, kids-focused fintech startup, lays off 104 employees to optimize expenses
Greenlight, a kids-focused fintech startup that aims to bring financial education to families, has announced it is laying off 104 employees in order to optimize expenses. The company was founded in 2014 with the mission of helping parents teach their children about budgeting and money management. Greenlight had grown rapidly, adding hundreds of employees, as… Continue reading Greenlight, kids-focused fintech startup, lays off 104 employees to optimize expenses
Indian fintech KreditBee nears $700 million valuation in new funding
In a recent development, Indian fintech KreditBee is one of the hottest startups in town, nearly hitting a $700 million valuation in its latest funding round. The startup, backed by several investors, has raised a total of over $120 million in the past year. KreditBee is a digital lending platform that offers personal loans, including… Continue reading Indian fintech KreditBee nears $700 million valuation in new funding
Indian fintech Money View valued at $900 million in new funding
Indian fintech startup Money View has just gotten a valuation of $900 million following its latest round of funding. The fintech, which focuses on personal finance, was able to raise $100 million from Sequoia Capital India, DST Global, Saif Partners, and several other venture capital firms. Money View was founded in 2013, and with the… Continue reading Indian fintech Money View valued at $900 million in new funding
Early-stage Mexico fintech Aviva is making loans as easy as a video call
Aviva – an early-stage fintech company in Mexico – is shaking up the way loans work by making them as easy as having a video call. This Mexican startup is using their experiential loan approval technology to offer an innovative solution to traditional banking services. The team at Aviva recognized the need for alternative approaches… Continue reading Early-stage Mexico fintech Aviva is making loans as easy as a video call