FF News | Fintech Finance’s Post

Exciting News in Fintech! 📰 We're thrilled to share that one of our incredible clients has been featured in FinTech Global! 🌐 Check out this insightful article featuring commentary from Darksquare Co-Founder & CEO Daniel Harman. As Daniel explains: "There’s a lot of economic uncertainty right now, which naturally leads to investors being more risk averse, and with early-stage startups being a high-risk investment area it makes sense that investment has slowed down. Hopefully, as inflation continues to come down, we’ll see investment pick up in 2024." Read the article in full here: https://bit.ly/3GvHpqn #Fintech #WealthTech #Innovation #TechPR #ClientSpotlight

🚀 Fintech Funding Decline: A Return to Normalcy? 🚀 Fintech funding has hit a four-year low, but there's a silver lining! Carey Ransom, Managing Director of BankTech Ventures, shares insights with Bank Automation News on the current market dynamics. I highly encourage everyone to read the full article but, sharing a few key highlights! 🔍 Key Highlights: Funding Drop: Global fintech funding plummeted to $7.3 billion in Q1, a 54% YoY decrease (CB Insights). Deal Increase: Despite funding declines, fintech deals rose by 15%, indicating sustained investor interest but smaller deal sizes. Investment Strategy Shift: BankTech Ventures, focusing on fintechs for small and medium-sized FIs, adapts its strategy to the changing macroeconomy. Recent Investments: BankTech Ventures invested in Equabil, Filejet, and Monit Fintech's future remains promising as investors adapt to the new landscape. 🌟 #Fintech #VentureCapital #InvestmentStrategy #FinancialInnovation #BankTechVentures #MarketTrends https://lnkd.in/g8SqVn2w

Fintech has hit a bottom after plunge in valuations and squeeze on funding, execs and VCs say. In 2021, global fintech funding reached an all-time peak of $238.9 billion, according to KPMG. Companies such as Block, Affirm, Klarna, and Revolut had hit seismically high multibillion-dollar valuations. But by 2022, investment levels sank sharply and fintechs globally raised just $164.1 billion. In 2023, funding sank even further to $113.7 billion, a five-year low. https://lnkd.in/eXe43Jqd

NayaOne have raised $4.7m led by EJF Capital LLC with Valley Ventures 👏 🤝 📲 FIs can now SWIFTLY foster strategic partnerships from what were once hindered slow-moving processes; as only 5% of banks choose to develop tech in-house, highlighting the growing reliance on external fintech innovations for strategic advancements. 💰 🚀 With this latest funding round, NayaOne is poised to REDEFINE financial services. As everything moves to being digital first, NayaOne’s technology enables FIs to achieve their strategic outcomes by successfully navigating through the chaos and complexity of vendor technology. 👨💻 Karan Jain, CEO of NayaOne, emphasises the significance of this funding round, it’s a nod to the opportunity and magnitude of the challenge we’re tackling in financial services. “It’s about more than just growth; it’s about setting the pace in a sector that’s fundamentally rethinking how it evolves.” Find out more on the link below! 👇 Ambar Vitelli Kris Dickinson Oli Platt Varun Resh Maddali #nayaone #digitalsandbox #financialservices #fintechnews #fintechpartnership #fintechinnovation #funding

10 funding deals in just 3 days in fintech sector - Impressive! #Fintech companies secured substantial funding rounds this week, indicating, somehow, a better 2024. CSI, Paducah, KY, secured a strategic investment from private equity firm TIA - not disclosed, while ZILO™ raised $31.8 million in Series A funding. Unbox, a value exchange network, closed $13.2 million in a funding round led by HSBC, with the majority of the funds used for talent recruitment. Allied Payment Network received additional investment from growth capital firm RF Investment Partners, while AppDirect secured an additional $100 million investment from CDPQ. Maalexi raised $3 million, a Singapore-based Atome raised $31 million, and Finoa raised $15 million. Conta Simples raised $41.5 million for expense management technology, while Cleva Banking (YC W24), the only African-based company so-far, raised $1.5 million in pre-seed funding. What are your thoughts? Is this a comeback, or did this deal take place in 2023?

🚀 Get profitable or Disappear 🚀 It's a pivotal moment for the Fintech landscape. According to a recent Forbes report, major market players are witnessing a significant 70% drop in valuation. This underscores the critical need for adaptability and innovation in our industry. As the Fintech sector evolves, it's imperative for businesses to pivot strategies and capitalize on emerging opportunities. Those who fail to do so risk falling behind in an increasingly competitive market. Agree with me? #Fintech #Innovation #Adaptability #BusinessStrategy #VentureCapital #LinkedInThoughtLeadership https://lnkd.in/g9rZdY_D

🚀 Stay in the loop with FinTech Futures! 🔄 Don't miss out on the latest funding updates in the fast-paced world of finance. Check out our weekly In Case You Missed It (ICYMI) round-up featuring marco, Copilot, FLOWPAY and more. Read here: http://spr.ly/6047khJJz #FinTechNews #FundingRoundup #ICYMI

Discover how @13booksCapital's new €144M fintech fund is set to bolster Europe's fintech disruptors and propel the industry forward with backing from key financial giants. #VC #FintechInvestment #Innovation #13booksCapital

Venture capital for fintech companies may see a comeback in the second half of 2024, but the heady days of crazy valuations and wide-open wallets won't return. Investors will demand concrete business plans and won't be patient with fintechs that don't demonstrate potential for profitability. #creditunions #bankingindustry #financialservices #mortgagelending #fintech #managementconsulting #money #future