This Week in Fintech

Published the latest Asia and India edition of This Week in Fintech. You should read it, but if you can't, you must listen to this auto-generated audio by Google's NotebookLM. I've been experimenting with AI tools lately and NotebookLM has been all the buzz recently. I uploaded the latest edition and within minutes, I had this excellent, podcast-style audio summarising the newsletter. When you're listening to it, pay attention to a few things that I'm sure will blow your mind 🤯 1. its voice modulation (0:10) 2. what it says about Jio and its foray in financial services (1:38) 3. what is says about gold and Indian users (2:15) 4. it's disclaimer about giving financial advice (5:25) 5. the changing investor focus to profitability and the maturity of the ecosystem (5:30) 6. how it ends the podcast with a question for the listener (9:24) I didn't prompt it to do any of this. It just generated this seamless, human-sounding voice and added its own context to what I provided. I'm very impressed. Would you like to see more such experiments with formats for the newsletter? If you're not fascinated by any of this AI-stuff, you're free to read the text-edition: https://lnkd.in/drRj6xvE Thanks to Michael and Nik for this idea.

Thank you to MX for hosting such a great summit this week and inviting me to moderate a discussion on a topic that isn't talked about enough these days: financial health and inclusion. I loved the thoughtful conversation with Ashley D. Bell of Redemption Holding Company, Jennifer Tescher of the Financial Health Network, and Harvard Business School Professor Emily Williams.

🎧For anyone too busy to read, we now have an audio version of This Week in Fintech's weekly newsletter. Check it out below: https://lnkd.in/ed4G8ZmX

Join Wesley Belden, founder of Raise Financial, for an exciting #FinTech Happy Hour on Tuesday, October 15th! Secure you tickets at: https://lu.ma/NASH1015 We’re thrilled to co-host this event with This Week in Fintech, FirstBank, and Nashville Entrepreneur Center's Project FinTech. Enjoy a selection of curated wines from By The Bottle Nashville and indulge in light bites while sharing ideas with fellow professionals in the fintech space. 📍 Location: One22One, Nashville 📅 Date & Time: Tuesday, October 15th, 5-7 PM ✨ All ticket proceeds will benefit the Re:Generate Fund, providing non-dilutive grants to Black and LatinX founders through the Twendé program at the Entrepreneur Center. We can’t wait to see you there! #Networking #Fintech #Nashvillenetworking #nashvillefintech #nashvilleentrepreneurs

https://lnkd.in/eBurxNZu

Later-stage rounds in fintech are coming back

Sophie Vo is back with Signals, our quarterly overview of everything that happened in fintech in Q3! Fintechs raised a total of $6.242 billion in Q3, down 26% from the prior quarter but up 39% Year-over-Year. The number of rounds raised was down 11% QoQ (⬆️10% YoY), and on average, raises shrank by 17% in size QoQ (⬆️26% YoY). But fintech-focused venture funds raised a total of $3.82 billion in committed capital across 12 new funds. Find out about Digital ID wallets, regulatory takeaways from Synapse, $MOODENG, and more, at This Week in Fintech: https://lnkd.in/eC_hzanS

Hello everyone, I’m excited to share that my first ever article for This Week in Fintech just went live 🎉 In the Part 1 of this series, we dive deep into the evolution of fraud, especially the rise of APP fraud in the UK and provide an overview of the recent APP fraud reimbursement regulations that went live this week 💥 For those who don’t know, I’m passionate about tackling fraud and helping organisations navigate the complex landscape of FinCrime regulations and processes. Fraud is evolving rapidly, and staying ahead is critical. On October 7th, the new APP fraud reimbursement regulations came into effect, and they’re set to shake up the UK payment landscape. But will they be enough to truly make a difference? We start exploring what its impact could be in the three-part article series. I’d love to hear your thoughts—whether it’s your experiences with fraud that you’ve come across, or your take on the new regulations. Let’s keep the conversation going. Please drop a comment! Huge thank you to Michael J., Nik Milanović and This Week in Fintech team for this opportunity! This article would not have been possible without the painstaking support of Jessica Patel, Karshik R. R., Nicole Bossieux and Thelma B.. You are amazing 🚀 #appfraud #reimbursement #regulations #psr #payuk #financialcrime #twif #longreads

If you're in Lagos next week for the Moonshot by TechCabal conference (which you totally should be!), please join me and my friends from Smile ID, Owo (a new venture from mono) and Paystack for an incredible evening hosted by This Week in Fintech! As the sun sets, Lagos's most innovative fintech professionals will gather to celebrate creativity and collaboration. Picture this: clinking glasses, vibrant conversations, and the city's vibrant energy setting the stage for an epic night. Whether you're a startup pioneer, a financial expert, or just curious about fintech, this is the place to be. We're turning up the volume with amazing music that'll have you grooving and serving up a spread of delicious bites and drinks to keep the party going. Get your tickets here: https://lnkd.in/expuyQRQ Please message me for any help!

And now, some #LatAm fintech news from This Week in Fintech: 📖 Fintech companies surge 340% in LatAm since 2017 according to the Inter-American Development Bank and Finnovista. 🇨🇴 ExcelCredit secured a $50 million funding from Nomura.  🇧🇷 Gibb received an investment of $5.5 million from SRM Ventures. 🇧🇷 Mercado Pago completed the issuance of its first financial letter for $184 millions, coordinated by Itau BBA. 🇨🇴 inDrive announced it has launched inDrive Money in Colombia. 🌎 mattilda. and tapi announced a partnership. 🇦🇷 BIND | Soluciones financieras announced it has expanded to Vaca Muerta. 🇲🇽 OXXO announced it has appointed Carlos Arroyo Rico as its new director starting in November. 🇨🇴 Yuno announced it has appointed Walter Campos as its new general manager in Brazil. 🇧🇷 GooRoo Crédito Consignado announced it has appointed Marcelo Tadeu as its new Head of Operations. Thanks to the wonderful team: Elena Cruz Lorenzo & Daniela Olavarrieta González. And keep on reading: https://lnkd.in/enYZRvAj