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.
Stitch gets a $2M seed extension, hires Benjamin Dada to lead Nigerian expansion
Two months into 2021, South African fintech Stitch came out of stealth and raised $4 million in seed funding, allowing it to begin to make inroads into Nigeria some months ago. Today, Stitch formally announced the expansion into Nigeria and a seed extension of $2 million to go with it; the total seed investment now stands […]
Potential winners and losers line up as Plaid pushes deeper into payments
So now Plaid says it’s a payments company. It was only a matter of time, really.
Plaid overhauls Plaid Link SDK with simplicity in mind
Since 2015, Plaid has helped developers connect users to banking information using an SDK (software development kit) called Plaid Link. As Plaid describes it in its SDK documentation, “The Plaid Link SDK is a quick and secure way to link bank accounts to Plaid in your … app.” Up until recently, the catch was that […]
Tiger Global backs African fintech Mono in $15M Series A round
Mono, an African startup that helps connect consumers’ bank accounts to financial applications, has raised a $15 million Series A round, the company confirmed to TechCrunch today. The round, led by Tiger Global — the VC firm’s third major investment in Africa this year after Flutterwave and FairMoney — also had participation from new investors […]
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?
BoxGroup closes on $255M across two funds to back startups at their earliest stages
BoxGroup has quietly, yet diligently, been funding companies at the early stage for over a decade. The 11-year-old firm in fact was the first investor in Plaid, a fintech company that nearly got sold to Visa last year for billions of dollars. It has seen a number of impressive exits over the years, proving an […]
Sila banks $13M to offer single API for developing financial products, services
Sila’s banking and payment platform gives software teams tools to build the next generation of financial products and services.