The software-as-a-service (SaaS) industry is facing budget constraints and reductions in headcount as a result of the pandemic and the broader slowdown in tech. Companies …
Plum launches its money management app in five more countries
Fintech startup Plum is doubling the number of countries where it operates. The company is launching its product in five new European countries — Italy, …
Remote work revolution helps Deel reach $295M in ARR
Fintech-turned-HR outfit Deel reached $295 million in annual recurring revenue (ARR) by the end of 2022, the company’s co-founder and CEO Alex Bouaziz shared today. …
Payments remain the darling of the fintech space
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Fintech in 2022: A story of falling funding, fewer unicorns and insurtech M&A
If you thought the fourth quarter of 2022 felt slow when it came to investment activity in the fintech space, that’s because it was. In …
Link raises $30M to help merchants accept direct bank payments
People are addicted to credit cards — and it’s no wonder, given the lucrative rewards that many of them offer. But for merchants, credit cards …
A lot of fintechs ‘have to fix their business models,’ say VCs who invest in fintech
In recent years, working for, or banking with, a traditional financial institution was decidedly uncool. Far cooler was working for or banking with one of …
India’s PhonePe tops $12 billion valuation in new funding
PhonePe’s valuation has more than doubled to over $12 billion in a new funding round as the Indian fintech giant readies for life without parent …
P2P lending platform PeopleFund raises $20M Series C extension led by Bain Capital
PeopleFund, a South Korean marketplace that connects borrowers and investors to enable lending, has recently added $20 million to its $63.4 million Series C. Existing …
So much fintech M&A
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