Fintech Funding Drops 46%; Banking Startups Among Worst Hit
In 2022, fintech companies secured a total of US$75.2 billion in funding, a sum that represents a 46% decline from 2021. Deal counts also decreased, falling 8% year-on-year (YoY) from.
In 2022, fintech companies secured a total of US$75.2 billion in funding, a sum that represents a 46% decline from 2021. Deal counts also decreased, falling 8% year-on-year (YoY) from.
Another big tech company, PayPal, announced that it intends to reduce its workforce by 7 percent, or 2,000 employees. This makes it one of the big tech companies in the.
A sudden and surprising momentum helped software-as-a-service (SaaS) dethrone fintech as the sector that produced the greatest number of unicorns in a year in the country in 2022, early-stage venture.
by: Carrie Ghose | COLUMBUS BUSINESS FIRST Posted: Jan 31, 2023 / 02:44 PM EST Updated: Jan 31, 2023 / 02:44 PM EST COLUMBUS, Ohio (COLUMBUS BUSINESS FIRST) — Upstart,.
Thrive Capital has reportedly committed $1 billion in fresh capital to payments giant Stripe as part of a new investment in the works that would value the fintech company at.
NEW YORK, N.Y.— ONE ROQ Spirits, producer of award-winning vodka brand, ONE ROQ and direct to consumer wine & spirits club, ONEROQClub.com, announces finalized agreements with SEC-compliant vendors to advance.
Tracxn, a leading global SaaS-based market intelligence platform, has released its Fintech UK Report. The report, based on Tracxn’s extensive database, provides insights into the UK’s Fintech space. The UK.
Leading player in the Buy Now Pay Later services in Central and Eastern Europe, Mokka announces its entry into the Bulgarian market. Present in Poland, Romania, and Bulgaria, Mokka is.
Life is a paradox, says Ben Davies, co-founder and chief operating officer of fintech startup Hugosave. In 1933, U.S. President Franklin D. Roosevelt said in his inaugural address that “the.
Dozens of fintechs are being forced to submit special audits to the Central Bank after a review of the sector found “significant deficiencies” in how some firms safeguard customer money..