View profile

Fintech for Immigrants, VC Valuations Reset, Young Investors in the Metaverse

Issue #145 — View online — Suggest a link
Fintech

A weekly newsletter covering all things fintech.
Delivered to your inbox every Monday.

Hello fintechers,
This week we look into a new wave of fintechs targeting immigrants, VC valuations reset, checkout products competition, Europe’s underrated fintechs, the Flutterwave scandal, brokers searching the metaverse for young investors, plus much more.
If you like this newsletter, remember to share the love and tell your fellow fintech enthusiast friends to sign up here!
Take care,
Alessandro

This Week in Fintech
A New Wave of Fintechs Is Targeting Immigrants. But How Long Will It Last?
A New Wave of Fintechs Is Targeting Immigrants. But How Long Will It Last?
In a world dominated by Wise, Revolut and Monese, can you remain faithful to just one set of consumers? These fintechs hope to succeed where others failed.
Read now  |  Share
As VC Valuations Reset, Crypto Startups Keep Climbing
Blockchain startups are showing immunity to a reset in valuation expectations that has taken over much of the venture capital universe, as well as a sell-off in cryptocurrencies.
Read now  |  Share
Freda Duan
Fast is not the first and prolly won’t be the last checkout product that fails

Softcard, MCX, ChasePay, networks’ buttons, Walmart Pay each had their heyday

Competitive landscape is bifurcating. Outside of $PYPL, $AAPL is +++, while smaller players are losing tractions https://t.co/UPRWU4K4rr
Funding, Merger & Acquisitions
Qonto Completes the Fastest-Ever €5m Fundraise on Crowdcube
The European fintech unicorn raised the capital within 6.5 hours of launching the crowdfunding campaign.
Read now  |  Share
Thunes Acquires Majority Stake in AML Firm Tookitaki
Singapore-based cross-border payments firm Thunes has paid $20 million for a majority stake in local anti-money laundering and compliance technology company, Tookitaki.
Read now  |  Share
Here’s Why Brex Just Paid $90m for 10-Person Software Startup Pry Financials
Brex has bought financial planning software startup Pry Financials for $90 million to beef up its software offering for early-stage startups.
Read now  |  Share
Something More for You to Read
Europe’s 16 Most Underrated Fintechs, According to VCs (Paywall)
Fintech is often reduced to a small handful of the hottest startups — who are the hidden gems top investors are getting excited by?
Read now  |  Share
Inside the Toxic Culture Scandal at Flutterwave, Nigeria’s $3b Fintech Champion
The unicorn and its CEO, Olugbenga Agboola, are on shaky ground since former employees alleged bullying, mismanagement, and more.
Read now  |  Share
Fidelity Enters the Metaverse in Search of Young Investors
Retail brokerage giant Fidelity Investments said on Thursday it opened a virtual eight-story building in the metaverse that offers financial education - and dancing - as it tries to attract more young investors to its platforms.
Read now  |  Share
Zopa’s CEO on Becoming a Bank and Hitting Profitability
It’s the ultimate milestone in fintech circles, but what does it take to reach it? Zopa’s CEO Jaidev Janardana chats pivots and profits.
Read now  |  Share
Goldman Sachs Offers Bitcoin-Backed Loan: Bloomberg
The banking giant offered a lending facility with bitcoin as collateral, according to a report.
Read now  |  Share
Techstars Startup Digest Fintech is curated by:
Alessandro Ravanetti Alessandro Ravanetti - Fintech writer, copywriter & content strategist. Working in the fintech industry since 2011, previously as a founder and now as a consultant. Independent expert with the European Commission and SXSW advisory board member.
alessandro.ravanetti@startupdigestmail.com
Did you enjoy this issue?
Did you see something you think we should include in our newsletter? Suggest a link.
Manage all your newsletter subscriptions here.
If you were forwarded this newsletter and you like it, you can subscribe here.
If you don’t want to receive this newsletter anymore, unsubscribe here.
Powered by Revue