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State of Fintech Q2’22 Report

CB Insights

Global fintech funding fell 33% quarter-over-quarter (QoQ) to hit $20.4B — its lowest level since Q4’20. Below, check out a handful of highlights from our 197-page, data-driven State of Fintech Q2’22 Report. Below, check out a handful of highlights from our 197-page, data-driven State of Fintech Q2’22 Report.

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Online insurance comparison engine Caribou reaches $1.1B valuation. Caribou competitors in the insurance search engine space are CoverHound, Insurify, Jerry, and The Zebra.

CB Insights

Caribou , an online insurance comparison engine, has raised $115M in a Series C. The round drew participation from Goldman Sachs Asset Management, Accomplice, and Firebolt Ventures, among others. <span q1 2022 brought a -18% decline in quarterly fintech funding. .</p> Download the report to learn more.</p>

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EU Proposed Law Aims To Make Friends With FinTech

PYMNTS

s exit from the bloc next year, the EU’s executive is set to propose a draft law aimed at boosting the FinTech market throughout the region. According to news from Reuters , a document by the European Commission revealed that the law would enable the FinTech sector to grow through crowdfunding and common blockchain technology standards. “An

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For FinTech And FIs, APIs Everywhere (It Seems)

PYMNTS

To that end, collaborative efforts between banks and FinTechs are on the rise, where joint programs seek to hasten the availability of technology that dovetails with open banking. The company has invited FinTechs and other entities, including “established players,” to work with Deutsche.

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Bitcoin Daily: SEC Freezes Crypto Firm?s Assets, Alleging It Stole $12M From Investors; Hong Kong: 39 Pct Of New FinTechs There Are Blockchain Firms; Coinbase Eyes Selling Blockchain Analytics To IRS, DEA

PYMNTS

The group managed to get $12 million from 2,000 investors, Coindesk reports. In Hong Kong, 39 percent of new FinTech firms launched in the last year are now operating via blockchain, Cointelgraph reported. In Hong Kong, 39 percent of new FinTech firms launched in the last year are now operating via blockchain, Cointelgraph reported.

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The LatAm Fintech Market Map: 75+ Companies Disrupting Banking, Financial Services

CB Insights

Latin America’s fintech scene is gaining momentum, with 80+ fintech deals closing for around $300M in 2016, and over 100 deals already closed in 2017. Track the LatAm fintech companies in this brief and many more on our platform. Track LatAm fintech companies. LatAm Fintech. LatAm Fintech. 630+ items.

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Tide Revamps SMB Overdraft, Card Offerings With Mambu

PYMNTS

Tide has around 150,000 members overall, and helps with a range of things such as invoicing, expense management and accounting. Eelco-Jan Boonstra, managing director of Mambu EMEA, said the common problem the company sees with many SMBs is that they don’t know how to respond to the new tools of the day, which ends up leaving many in the dust.

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