Let’s examine a series of winning fintech results from BNPL, consumer finance, proptech and corporate finance before turning to fintech’s earnings misses from Q3 2021.
South Africa’s Root gets $3M, plans to expand low-code insurance platform to Europe
Insurance lags behind other financial services in the adoption of digital technologies. Granted, a few unicorns have popped up from the modern digital insurance space such as Tractable and Lemonade; however, this sector hasn’t raced to the stage as quickly as say, payments or lending. With the global insurtech market worth over $5 trillion, there […]
Balancing risk: Modern architecture’s role in the BNPL playbook
Buy now, pay later (BNPL) is an old form of payment that is new again in a big way. And that could mean trouble for BNPL fintechs that are just getting to know the world of lending.
Audit Sight takes on new capital to eliminate all of the back and forth between auditors, companies
The company intends to build out several SaaS applications and is poised to roll out its first two modules for revenue and accounts receivables by the end of the year.
TechCrunch+ roundup: Automattic TC-1, federal startup grants, ‘getting s*** done day’
Our latest longform look at a notable tech company examines Automattic, “the leading commercial complement to the open-source WordPress publishing platform.”
The hyperactive open banking market of Latin America: How the region is being APIfied
We are only in the first chapter of Latin America’s long journey to tech growth. But with the region’s thirst for innovation, the market is expected to expand nearly tenfold over the next decade.
BaaS served three ways: A closer look at a rapidly evolving market
There’s no one-size-fits-all solution, but having a better understanding of how BaaS providers position themselves between banks and fintechs can help potential customers determine which model is best for them.
Fintech founders can learn a lesson about frugality from these industry leaders
Venture-backed fintechs raised a record $30.8 billion in the second quarter of this year, up 30% over the same quarter last year. But how are fintech founders spending it all?
Productfy raises $16M to build the ‘Shopify of embedded finance’
Productfy Inc., a banking-as-a-service (BaaS) platform that aims to build “DeFi for traditional finance,” has raised $16 million in a Series A round of funding led by CM Ventures. Existing backers Point72 Ventures, 500 Startups and Envestnet | Yodlee also participated in the financing, which brings its total raised since its 2018 inception to nearly […]
Who needs a BaaS partner, anyway?
Banking as a service will change not just the way financial services apps are built and embedded into new platforms, but also the way in which consumers and businesses alike interact with their finances.