* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, May 14, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Reznor, Ross Celebrate Film/TV Score Favs With Future Ruins Fest – Yahoo

    Reznor, Ross Celebrate Film/TV Score Favs With Future Ruins Fest – Yahoo

    ‘Lilo & Stitch’ director unpacks key animation-to-live-action changes (exclusive) – ew.com

    Behind the Scenes: Key Changes in the Animation-to-Live-Action Transformation of ‘Lilo & Stitch

    HG Vora Files Definitive Proxy Materials and Sends Letter to PENN Entertainment, Inc. Shareholders – Business Wire

    HG Vora Takes Action: A Bold Move to Engage PENN Entertainment Shareholders

    Downtown Frederick Partnership announces Alive@Five season lineup – The Frederick News-Post

    Get Ready for Fun: Downtown Frederick’s Exciting Alive@Five Season Lineup Revealed!

    ‘American Idol’ Top 3 revealed as 2 contestants eliminated: Who advanced to the Season 23 finale? – Yahoo

    ‘American Idol’ Top 3 revealed as 2 contestants eliminated: Who advanced to the Season 23 finale? – Yahoo

    60,000 Fans Caused a Small Earthquake Because of One Famous Rock Song – Yahoo

    How 60,000 Fans Rocked the Ground with One Iconic Song!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Revolutionary Technology Unlocks Hydrogen from Seawater!

    Administration issues RFI on health technology – American Hospital Association

    Unlocking Innovation: Administration Seeks Insights on Health Technology

    Bridger Photonics Appoints Ryan Sullivan as Chief Technology Officer to Accelerate New Era of Data Insights – Business Wire

    Bridger Photonics Welcomes Ryan Sullivan as CTO to Propel Data Insights into a New Era!

    Michigan Public Policy Survey suggests uncertainty among local officials on AI police surveillance technology – The Michigan Daily

    Local Officials Grapple with Uncertainty Over AI Surveillance Technology in Policing

    Trump Media & Technology Group: When Politics Gets A Ticker Symbol (NASDAQ:DJT) – Seeking Alpha

    Trump Media & Technology Group: When Politics Gets A Ticker Symbol (NASDAQ:DJT) – Seeking Alpha

    GenTech offers coding, AI lessons for elementary students – KTAR.com

    GenTech offers coding, AI lessons for elementary students – KTAR.com

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Reznor, Ross Celebrate Film/TV Score Favs With Future Ruins Fest – Yahoo

    Reznor, Ross Celebrate Film/TV Score Favs With Future Ruins Fest – Yahoo

    ‘Lilo & Stitch’ director unpacks key animation-to-live-action changes (exclusive) – ew.com

    Behind the Scenes: Key Changes in the Animation-to-Live-Action Transformation of ‘Lilo & Stitch

    HG Vora Files Definitive Proxy Materials and Sends Letter to PENN Entertainment, Inc. Shareholders – Business Wire

    HG Vora Takes Action: A Bold Move to Engage PENN Entertainment Shareholders

    Downtown Frederick Partnership announces Alive@Five season lineup – The Frederick News-Post

    Get Ready for Fun: Downtown Frederick’s Exciting Alive@Five Season Lineup Revealed!

    ‘American Idol’ Top 3 revealed as 2 contestants eliminated: Who advanced to the Season 23 finale? – Yahoo

    ‘American Idol’ Top 3 revealed as 2 contestants eliminated: Who advanced to the Season 23 finale? – Yahoo

    60,000 Fans Caused a Small Earthquake Because of One Famous Rock Song – Yahoo

    How 60,000 Fans Rocked the Ground with One Iconic Song!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Revolutionary Technology Unlocks Hydrogen from Seawater!

    Administration issues RFI on health technology – American Hospital Association

    Unlocking Innovation: Administration Seeks Insights on Health Technology

    Bridger Photonics Appoints Ryan Sullivan as Chief Technology Officer to Accelerate New Era of Data Insights – Business Wire

    Bridger Photonics Welcomes Ryan Sullivan as CTO to Propel Data Insights into a New Era!

    Michigan Public Policy Survey suggests uncertainty among local officials on AI police surveillance technology – The Michigan Daily

    Local Officials Grapple with Uncertainty Over AI Surveillance Technology in Policing

    Trump Media & Technology Group: When Politics Gets A Ticker Symbol (NASDAQ:DJT) – Seeking Alpha

    Trump Media & Technology Group: When Politics Gets A Ticker Symbol (NASDAQ:DJT) – Seeking Alpha

    GenTech offers coding, AI lessons for elementary students – KTAR.com

    GenTech offers coding, AI lessons for elementary students – KTAR.com

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Technology

Fintech’s wild ride in 2023

December 18, 2023
in Technology
Fintech’s wild ride in 2023
Share on FacebookShare on Twitter

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! 

What a year

This is the last edition of The Interchange for 2023 — it’s hard to believe that the year is almost over.

It was an eventful 12 months, even if funding was down. We saw a bunch of M&A activity (read about it here, here, here and here), BNPL made a comeback (sort of), new fintech-focused venture firm capital raises (Flourish and Vesey), some startup shutdowns (Daylight is one example) and more layoffs than we would have liked.

And, remember when FedNow went live in the U.S. in July? At the time there were 35 financial institutions on the list, and five months later, more than 330 of them are in the network.

It’s never a dull day in the world of fintech. For a broader look back, stay tuned before year’s end for a deeper dive into the top fintech stories we reported on.

Until then, we wanted to take this opportunity to give heartfelt thanks to all of you, our readers, for supporting us throughout the year. We know you have a plethora of fintech newsletters to choose from, so the fact that you signed up for this one, and keep coming back, means the world to us.

As we head into 2024, we wish you and your families a wonderful holiday season and a New Year ahead filled with much love, peace and happiness. We are grateful for you. — Mary Ann and Christine

Weekly news

Christine reported on layoffs at Bolt, an e-commerce and fintech company, which was at one time the subject of a federal probe. The company, via a spokesperson, confirmed the one-click checkout company laid off 29% of its staff. In an emailed statement, the Bolt spokesperson said the company made the cuts to get Bolt to “an operating model optimized for sustainable growth and efficiency” and so it could set itself up “with the speed and agility required for the next phase of our business.” We’ve been following Bolt for years, and this new round of job cuts is the latest in a handful of other layoffs made since 2022. In May 2022, Mary Ann reported at least 185 employees, or one-third of its workforce, were let go. Bolt, which provides software to retailers to speed up checkout, raised around $1 billion in total venture-backed funding and at one time was valued at $11 billion.

Mary Ann reported on a couple of high-profile executive departures this week. She broke the news that Credit Karma co-founder Nichole Mustard would be stepping down after more than 16 years at the company. Mustard’s decision to step down marks the third known high-profile executive departure at Credit Karma in 2023. Then she wrote about how Opendoor co-founder Eric Wu is leaving the real estate fintech company after 9 years to get back to his startup roots. Notably, Wu has been investing in startups during his time at Opendoor. According to Crunchbase, Wu has backed dozens of companies, including Airtable, Scribe, Roofstock and the now-defunct Zeus Living.

Over on TC+, Jacquelyn Melinek wrote about the fact that while Robinhood’s foray into crypto isn’t necessarily new, the company is still trying to expand its efforts there — even in groups that have typically strayed from the platform. “I think crypto has always been made by very technical people and for technical people,” Johann Kerbrat, the general manager of crypto at Robinhood, said on the Chain Reaction podcast. “At the end of the day, I think customers, when they use crypto, they don’t really care what is the protocol under it? What is the network that you’re using? They just want the thing to work.”

Other items we are reading

Google Pay to add BNPL options early in 2024 (In October, Apple made Apple Pay Later available to all users in the United States, after initially releasing it to a limited number of users back in March.)

Visa acquires Brazilian fintech Pismo in USD$1 billion deal (See TechCrunch coverage on how the Pismo/Visa acquisition initially came about.)

Dallas’ Apex Fintech Solutions files for IPO in its second go-public bid

Melio rolls out real-time payments

HR tech platform Checkr moves into payments for gig workers

Deel launches a compliance hub

Repay partners with Green Dot to enable cash-based bill payment

Klarna plans to replace workers with AI to drive profitability

Neobank Dave’s new chatbot achieves 89% resolution rate, CEO says  (Head here to read a Q&A Mary Ann conducted with Dave’s founder in March.)

Funding and M&A

As seen on TechCrunch:

SumUp taps €285M more in growth funding to weather the fintech storm

Comun channels local banking approach to serve Latino immigrants

British International Investment backs India’s Aye Finance in $37M funding

Hyperplane wants to bring AI to banks

Kapital secures $165M in equity, debt to provide financial visibility to LatAm SMBs

Prevu’s home sale process gives credit to home buyers with cash-back rebates

Seen elsewhere:

Stairs Financial platform launches to help first-time homebuyers

Waste management payments firm CurbWaste raises $10M

Fintech startup Pontera raises $60 mln, plans more hiring in Israel

January closes $12M Series B funding

Necto raises $8M in seed funding

HSBC backs Aii’s decarbonization grant fund

E-commerce lender SellersFi secures Citi-led credit facility

Image Credits: Bryce Durbin

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : TechCrunch – https://techcrunch.com/2023/12/17/it-was-a-wild-ride-in-fintech-in-2023/

Tags: fintechstechnology
Previous Post

The Rule of X and how cloud leaders should think about growth versus profit

Next Post

IT budgets should increase in 2024, but it still could be tough going for startups

Reznor, Ross Celebrate Film/TV Score Favs With Future Ruins Fest – Yahoo

Reznor, Ross Celebrate Film/TV Score Favs With Future Ruins Fest – Yahoo

May 14, 2025
How Tennessee is working to put more mental health professionals in rural schools – WPLN News

Bridging the Gap: Tennessee’s Initiative to Boost Mental Health Support in Rural Schools

May 14, 2025
The State of Politics: Meet the Legislature’s Fiscal Big Shots – Urban Milwaukee

The State of Politics: Meet the Legislature’s Fiscal Big Shots – Urban Milwaukee

May 14, 2025

Revolutionary Technology Unlocks Hydrogen from Seawater!

May 14, 2025
Best Minnesota Sports Betting Sites: BetOnline Picked as the Top MN Sportsbook – GlobeNewswire

Best Minnesota Sports Betting Sites: BetOnline Picked as the Top MN Sportsbook – GlobeNewswire

May 14, 2025
The data-driven path to clean water – Department of Ecology – State of Washington (.gov)

Unlocking Clean Water: A Data-Driven Journey to a Sustainable Future

May 14, 2025
Modern-day alchemy! Scientists turn lead into gold at the Large Hadron Collider – Space

Transforming Lead into Gold: The Modern Alchemy Unveiled at the Large Hadron Collider!

May 14, 2025
This Is Who’s Causing Global Warming, According to Science – VICE

Unveiling the Real Culprits Behind Global Warming: What Science Reveals

May 14, 2025
Is Basting Your Steak in Butter Actually Worth It? – Yahoo

Is Butter-Basting Your Steak a Game Changer for Flavor

May 14, 2025
‘Captain America: Brave New World’ OTT debut: When and where to watch it at home – The Economic Times

‘Captain America: Brave New World’ OTT debut: When and where to watch it at home – The Economic Times

May 14, 2025

Categories

Archives

May 2025
MTWTFSS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Apr    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (608)
  • Economy (619)
  • Entertainment (21,533)
  • General (15,216)
  • Health (9,662)
  • Lifestyle (624)
  • News (22,149)
  • People (622)
  • Politics (627)
  • Science (15,842)
  • Sports (21,130)
  • Technology (15,611)
  • World (610)

Recent News

Reznor, Ross Celebrate Film/TV Score Favs With Future Ruins Fest – Yahoo

Reznor, Ross Celebrate Film/TV Score Favs With Future Ruins Fest – Yahoo

May 14, 2025
How Tennessee is working to put more mental health professionals in rural schools – WPLN News

Bridging the Gap: Tennessee’s Initiative to Boost Mental Health Support in Rural Schools

May 14, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version