Remove 2022 Remove financing Remove incumbents Remove venture capital
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Open finance startup Ayoconnect’s APIs enable financial inclusion in Southeast Asia

TechCrunch

The open finance startup announced today it has closed a $13 million Series B extension round led by SIG Venture Capital, with participation from CE Innovation Capital and returning investor PayU, the payments and fintech business of Prosus.

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8 investors weigh in on the state of insurtech in Q3 2022

TechCrunch

Notably, Metromile saw its valuation decline over 85% and was subsequently acquired by peer Lemonade , and it hasn’t been alone in losing a lot of value and being eyed by peers and incumbents. Insurtech IPOs don’t seem to be on the cards for 2022. How much have early-stage insurtech deals slowed in 2022?

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Indonesian fintech startup Ayoconnect raises $13m more in Series B funding

AsiaTechDaily

Register Indonesian open finance platform Ayoconnect has raised an additional $13 million in its Series B funding round, bringing the total amount it raised to date to $43 million. In January 2022, Ayoconnect raised an oversubscribed Series B funding led by Tiger Global.

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Tiger Global and a slew of high-profile investors make a $35M bet on LatAm fintech Pomelo

TechCrunch

Just over five months after raising a $9 million seed funding round , Latin American fintech Pomelo announced today that it is raising $35 million in Series A financing led by Tiger Global Management. Its goal is to hire another 150 employees by the end of 2022, according to Irigoyen, who was an early employee at Google LatAm.

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

TechCrunch

A recent ZDNet piece reaffirms that the AI edge chip market is booming, fueled by “staggering” venture capital financing in the hundreds of millions of dollars. billion market by 2022, according to Markets and Markets. Edge computing is forecast to be a $6.72 billion by 2025. “Sima.ai

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

TechCrunch

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. Fintech continued to outperform the market by 3x.

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CommerceIQ gets its horn as capital continues to flow into e-commerce infrastructure startups

TechCrunch

When much of the shopping shifted online during the global pandemic, startups developing software and other products to aid the transition began to garner attention from venture capital firms. reported this month that $51 billion of venture capital was invested into U.S. 4 trends that will define e-commerce in 2022.

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