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Israeli fintech Personetics raises $85M for tools to help incumbents personalize banking services to compete with neobanks

TechCrunch

Today a startup that is building tools to help incumbent address this challenge is announcing a round of funding on the back of a lot of demand for its services. It has also been on a fundraising run, with this round adding up to $160 million raised since the start of 2021. That’s a common thing.”

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Fintechs could see $100 billion of liquidity in 2021

TechCrunch

Jake Jolis is a partner at Matrix Partners and invests in seed and Series A technology companies including marketplaces and software. 4-year founder vesting is dead. Dana Stalder is a partner at Matrix Partners, where he invests predominantly in fintech, consumer marketplaces and enterprise software. Dana Stalder. Contributor.

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Pinecone drops $100M investment on $750M valuation, as vector database demand grows

TechCrunch

When Pinecone launched a vector database aimed at data scientists in 2021, it was probably ahead of its time. Today, the company announced a $100 million Series B investment on a $750 million post valuation. The company has now raised $138 million including a $28 million Series A last year and a $10 million seed investment in 2021.

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Egyptian investment app Thndr nabs $20M from Tiger Global, Prosus Ventures and others

TechCrunch

But as a relatively young population, most of them have minimal equity market and investment exposure. The company has raised a $20 million Series A round to democratize investing in the Middle East and North Africa. and Europe, up to half of the population invests in financial instruments. One such is Egypt-based Thndr.

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Binance founder Changpeng ‘CZ’ Zhao shares his vision of web3 opportunities at TC Sessions: Crypto

TechCrunch

The blockchain giant processed $34 trillion in trading volume in 2021, it says, and the exchange shows few signs of resting on its laurels as it pursues bold new bets to diversify its business. At the forefront of these changes is Binance founder and CEO Changpeng Zhao. Zhao is worth an estimated $65 billion.

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African healthtech startups in the supply chain segment show rapid growth, spurring a $7M investment initiative

TechCrunch

Salient surveyed over 80 companies across Ghana, Kenya, Nigeria, and Uganda, 25% more than the number it tracked in its last report in 2021. However, the segment is yet to record the type of investments that have poured into B2B retail e-commerce in the previous two years. In 2021, they received just $1.6

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The Importance of Due Diligence when Investing in Startups

propel(x)

It is important to consider doing something similar if you are thinking about investing in a startup. Before committing to an investment, it is important to understand what you are buying and what you are getting into. On the angel investing platform, this component is called Broker Review. What is due diligence?