Stripe Raises $6.5 Billion in Funding Round, but at a Sharply Reduced Valuation
Although the valuation of Stripe has significantly dropped over the last two years, the company remains a prominent player in the payments processing industry.
Stripe’s Lower Valuation Are Making Waves in the Fintech Industry
The company is aiming for a valuation of $50 billion, according to The Information, slightly below the current price for its stock in secondary markets.
Why Down Rounds are Becoming More Common for Fintech Startups
As the market shifts dramatically in 2022, many startups, including fintech companies, are turning to down rounds as a way to raise capital.
A rival to Stripe and Square emerges! Finix raises $35m
Finix has raised a $35 million Series B. Sequoia led the round, which also saw participation from new investors Activant Capital and Inspired Capital.
Is the Fintech Bubble About to Burst? Lessons from Credit Suisse’s Collapse
Last week, UBS acquired Credit Suisse in a $3.25 billion rescue deal. This event has raised concerns about the viability of business models of highly valued fintech startups.
Zeta and Featurespace Join Forces to Offer Innovative Credit Card Processing and Fraud Detection Solution
Modern core banking technology provider Zeta and fraud prevention company Featurespace announced a new partnership on March 22, 2023.
Fintech Companies Put a Hiring Freeze Due to Economic Climate
A major new report by Erlang Solutions has revealed that half of all fintech firms have put a stop to hiring staff in 2023 due to the challenging economic climate.
Recap of FinovateEurope 2023: Key Themes and Takeaways
With a focus on innovation and customer needs, the future looks bright for the industry.