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SXSW 2022: Building the Sustainable Startups of the Future

Revolution

At SXSW 2022, Revolution Growth Partner, Todd Klein, joined SparkCharge CEO and founder, Josh Aviv, GoodBuy Gear CEO and co-founder, Kristin Langenfeld, and CAVA CEO and co-founder, Brett Schulman, for a conversation on climate, consumers, and building the sustainable startups of the future. even (and especially) as the company scales.

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Fintech outperformed the market in 2021, and it’s set to do even better

TechCrunch

Fintech tailwinds, strengthened by the COVID-19 pandemic in 2020, only accelerated in 2021. And despite public markets’ rocky start in early January, we’re confident that 2022 will be another banner year for the sector. Then, we’ll turn our attention to the year ahead and offer some predictions for fintech in 2022.

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Komunal secures $8.5m to strengthen Indonesia’s neo-rural bank ecosystem

AsiaTechDaily

million to fund its mission to accelerate financial inclusion and strengthen the neo-rural bank ecosystem in Indonesia, especially outside the Greater Jakarta area. Lieviant said he is very optimistic that the collaboration between fintech and incumbent banks, including rural banks, will create a very strong synergy.

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AI chip startup Sima.ai bags another $30M ahead of growth

TechCrunch

As the demand for AI-powered apps grows, startups developing dedicated chips to accelerate AI workloads on-premises are reaping the benefits. billion market by 2022, according to Markets and Markets. After emerging from stealth in 2019, Sima.ai After emerging from stealth in 2019, Sima.ai Edge computing is forecast to be a $6.72

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Most fintechs partner with banks; Varo became one, and says it’s paying off

TechCrunch

For me, there was a huge opportunity in a space that the incumbents were not able to capture because a lot of it is the economics of their model and misaligned incentives.The world continues to unfortunately be made up of haves and have nots….There TC: Was it worth it for you to get a charter as a company? And if so, why? Today, we have 6.8

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Monzo Makes Money Work For Everyone

Y Combinator

In 2022 and beyond, Monzo’s revenues are likely to further accelerate as they benefit from cross border-travel, increased EU interchange rates, and new products. 2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer. expectations.

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CoreWeave, a GPU-focused cloud compute provider, lands $221M investment

TechCrunch

” It’s tough for any cloud provider to compete with the incumbents in the space — i.e., Google, Amazon and Microsoft. To drive the point home, according to a Statista report from the fourth quarter of 2022, AWS had a 32% market share, Azure had a 23% share and Google Cloud had a 10% share. billion and $26.28