The year 2022 has been devastating to startup funding and valuations. Following the bubble of 2021, series A funding was already down 20% in the year’s first half. This trend has worsened further, with Q3 seeing a 37% decline in VC funding from the previous quarter and 53% from 2021. Ongoing increased inflation isn’t helping […]
Expedia Group and Afterpay recently launched their partnership on Nov. 21. For the first time, customers can book travel with Expedia through the Afterpay app. Afterpay is a leader in the Buy Now, Pay Later platform. Now millions of customers based in the U.S. can book flights and hotels with Expedia and have the option […]
Sam Brankman-Fried continued to dominate the news this week as Congress has asked him to testify. Walmart’s One is getting into BNPL, Plaid is laying off 20% of their staff, the Coinbase CEO says revenue is down by half and Circle is no longer going public via SPAC. Here are what I consider to be […]
After seven years of deliberation, the Brazilian Chamber of Deputies approved a bill regulating the crypto sector in the largest nation in Latin America. The proposal, which formalizes the sector under Brazilian law, is now awaiting sanction by President Jair Bolsonaro. For many players in this market, the new law brings greater legal certainty for […]
Embedded finance has been on the rise, despite challenging conditions. In the five years between 2016 and 2021, the market boomed at 26.9%. Growth has continued through 2022 by another $11.3 billion and, according to FMI, is expected to continue expanding YoY by 16.4% until 2030. In 2021 alone, both embedded finance and banking as […]
Chip Castille of GoalBased Investors On this week’s episode, I was joined by Chip Castille, Founder & CEO of GoalBased Investors. GoalBased Investors is the first goals-based investment community for investors and financial advisors. The real differentiator for GoalBased Investors is connecting to advisors. The retail investor has plenty of do-it-yourself options, with many fintechs filling that […]
Scaling back on the chaos-inducing radical reforms proposed by his predecessor, Jeremy Hunt’s announcement today was less a “Big Bang 2.0” and more a conservative nudge to the existing financial system. The Edinburgh Reforms announced today by the Chancellor consisted of over thirty changes to the regulatory landscape to catalyze competition and growth in the […]
Talking about Web3 investing went from a niche topic to a crazy idea very quickly this fall. But in the face of industry calamity, one B2B Venture Capital firm is still excited about a blockchain tech revolution. General Partner Peter Ackerson said Fin Captial is a results-based tech B2B VC shop that rewards long-term durable […]
Kredito announced the closing of a $6 million financing round led by Grupo Penta. The Chilean fintech company provides lines of credit, equity loans, and prepaid cards for small and medium-sized businesses. Other venture capital funds, such as Genesis Venture and Amarena, also participated in this round. Kredito was founded in 2018 by entrepreneurs Sebastián […]
Fintechs have upped their game on AML, and KYC controls as they face increasing regulatory pressure to protect against fraud Instances of fraud have been steadily rising. The PwC Global Economic Crime and Fraud Survey 2022 found that 46% of organizations had experienced fraud, mainly from external actors. The top perpetrators were reportedly hackers (31%) […]