Egypt fintech firm MNT-Halan securing $400 million in new finance – Reuters

CAIRO, Feb 1(Reuters) – Egyptian microfinance lending and payments company MNT-Halan is securing $400 million in…

2023: A Year for Fintech M&A (January 2023 Fintech Newsletter) – Andreessen Horowitz

This first appeared in the monthly a16z fintech newsletter. Subscribe to stay on top of the…

Marqeta buys fintech Power Finance in $275M all-cash deal, its first acquisition – TechCrunch

Marqeta has agreed to acquire two-year-old fintech infrastructure startup Power Finance for $223 million in cash,…

Six fintech ideas VCs want you to pitch in 2023 – Sifted

Investors keep telling Sifted that now is a great time to build. Some of the world’s…

Revolut hired another fixed income banker – eFinancialCareers (US)

Revolut, the London-based app bank, has made another hire from investment banking. Vedanta Bagchi joined as…

How a 30-year-old fintech founder fooled JPMorgan Chase – Finshots

In today’s Finshots, we explain how a fintech startup allegedly defrauded one of America’s largest banks.…

Goldman Sachs says new fintech unit incurred $3bn in losses since 2020 – Financial Times

Goldman Sachs’ newly formed technology and consumer unit made the equivalent of $3bn in pre-tax losses…

Greenlight, kids-focused fintech startup, lays off 104 employees to optimize expenses – TechCrunch

Greenlight, a fintech startup offering debit cards to kids, has laid off 104 employees — or…

Millennial founder who sold her fintech to JPMorgan for $175M is now being sued for allegedly inventing 4 million customers – Fortune

If there is one issue near and dear to the hearts of every young American, it’s…

How can fintech startups outlast the VC winter? – TechCrunch

Peter Hazlehurst Contributor Peter Hazlehurst is the CEO and co-founder of Synctera. He is an entrepreneur…

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