Fintech startup Checkout.com was in the news this morning because the Financial Times reported that the payment company had slashed its internal valuation to $11 …
Fintech giants face uphill battle
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Akros Technologies, an AI-powered asset management platform, raises funding from Z Holdings
Artificial intelligence is taking over almost every industry. The investment and finance industry is no exception. In Deloitte’s 2019 report, the firm reveals that AI …
Ocho wants to rethink (and rebrand) personal finance for business owners
When Ankur Nagpal sold Teachable for a quarter of a billion dollars, he felt lucky. Then, he quickly felt lost when trying to navigate the …
Plaid lays off 20% of staff
Fintech decacorn Plaid is laying off 260 employees, or about 20% of its workforce, the company announced today. While specific details around who exactly was …
FTX marked down Chipper Cash’s $2B valuation to $1.25B
African fintech Chipper Cash saw its valuation slashed from $2 billion to $1.25 billion before FTX’s bankruptcy, according to documents shared by the Financial Times …
Fintech unicorn valuations have fallen hard in 2022
Fintech was hot in 2021, but looking back on it … maybe too hot? The sector exploded last year, seeing record investment — $132 billion …
Robinhood banks on retirement to slow user attrition
Retail trading app Robinhood is entering the retirement game. The Menlo Park, California-based company today launched a waitlist for its new offering, Robinhood Retirement, which …
SBM Bank India, building BaaS platform, seeks funding at $200 million valuation
The Indian arm of SBM Bank, one of the banks that has aggressively worked with fintech startups in the South Asian market, is engaging with …
When a startup’s founders are pretty much its board
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