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Most startups were overvalued before 2021, and now it’s causing problems

TechCrunch

Under normal circumstances, the higher the valuation of a startup, the better it is for all stakeholders involved. Post-money valuations were inflated by market expectations in 2021, but they were also inflated by the underlying mechanics of the valuation model itself. The miracle year of 2021. versus 471 a year earlier.

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Female-led startups dominate Catalyst Fund’s inclusive fintech 2021 cohort

TechCrunch

With a focus on Kenya, Nigeria, South Africa, Mexico and India, selected startups receive £80,000 (~$100,000) in grant capital, six months of support and connections with follow-on investors. However, the selected six startups this year are from Kenya, Nigeria, and South Africa. Here are the startups in the 8th cohort.

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Palantir alums raise $25M from Peter Thiel’s Founders Fund and other VCs for their finance startup, Mosaic

TechCrunch

Bijan Moallemi, Joe Garafalo and Brian Campbell started San Diego-based Mosaic in 2019 after meeting at Palantir Technologies, where they worked on building out that company’s finance organization to 2,500 people and over $750 million in revenue. We are trying to create a Strategic Finance category. It declined to reveal its valuation.

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Reports say African startups raised record-smashing $4.3B to $5B in 2021

TechCrunch

Last year was record-breaking for African startups. But similarly to years past, the total amount raised by African startups varies among different reports. But similarly to years past, the total amount raised by African startups varies among different reports. African tech took center stage in 2021. billion to $1.5

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Apple alum’s finance operations startup raises funds to expand globally

TechCrunch

Bluecopa , an Indian startup building a finance operations automation platform for high-volume companies, has raised $2.3 Bluecopa was founded in 2021 by Chanda and his fellow entrepreneurial teammates Raghavendra Reddy and Satya Prakash Buddhavarapu. million to expand its offering in the global market.

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GetVantage offers revenue-based financing to India’s founders

TechCrunch

That’s the gap that revenue-based financing platforms like GetVantage want to fill. The Mumbai-based startup announced today that it has raised $36 million in equity and debt led by Varanium Nexgen Fintech Fund, DMI Sparkle Fund, along with returning investors Chiratae Ventures and Dream Incubator Japan.

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Alloy, Synctera and Unit discuss the future of embedded finance at TC Disrupt

TechCrunch

Banking-as-a-service (BaaS), embedded finance and open banking are among the hottest topics in fintech today. In a session called “Making Money Move with Embedded Finance,” our panel will talk about how a new breed of finance infrastructure companies have the potential to turn any company into a fintech company. The promise?