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Venture Capitals Optimistic That Fintech Deals Will Rebound in 2024

The Financial Brand

This article Venture Capitals Optimistic That Fintech Deals Will Rebound in 2024 appeared first on The Financial Brand. After years of shrinking investment and valuations in the fintech industry, 2024 could be the year for a fintech turnaround.

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Fintech funding drops to four-year low in Q1

BankInovation

Fintech funding hit a four-year low in the first quarter of 2024, partly driven by the higher cost of capital and a change in priorities for investors. Global fintech funding clocked in at $7.3 billion in Q1, down 54% year over year, while the number of deals completed fell to 904, down by 28% […]

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Banks, fintechs back in the M&A game

BankInovation

Mergers and acquisitions are heating up after a subdued 2023, with investors on the hunt for strategic deals, especially in the fintech and financial services industries.

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Acquire or Be Acquired 2024: A Race to Perform … and Earn the Right to Transform 

Gonzobanker

Joint presentations between bankers and fintechs abounded, showcasing collaborative initiatives. M&A Dynamics Last year, we left AOBA noting that most bankers were optimistic about deals picking up later in 2023 and that the chances of a raging 2024 were strong.

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Dave reports first profitable quarter, expects lucrative 2024

American Banker

The fintech has grown its way into the black for the first time since going public in January 2022, CEO Jason Wilk says, capitalizing on AI-underwritten cash advances of up to $500.

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Fintech Funding: Overflow raises $20M in series B 

BankInovation

Investors expect funding activity to rebound in 2024 following a year of uncertain macroeconomic conditions. In 2023, global fintech equity deals amounted to $39.2 18 State of Fintech report by CB Insights, a data intelligence company. billion, compared to $78.6 In Q4, only […]

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Has the fintech movement lived up to its promise?

American Banker

The fintech revolution has been more successful at working with banks than at trying to replace them, points out Gene Ludwig, former Comptroller of the Currency, chair of the Ludwig Institute for Shared Economic Prosperity, and co-founder of Canapi Ventures.

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