Welcome to TechCrunch Fintech! This week, we’re exploring a Brex executive’s move to join venture firm a16z, Klarna’s sale of its payments unit, and some significant funding rounds.
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The big story
Ali Rathod-Papier, the former global head of compliance at corporate card expense management startup Brex, has joined venture firm Andreessen Horowitz (a16z) as a partner and compliance officer. Meanwhile, Gynger, a platform offering capital for technology purchases, raised $20 million in a Series A round led by PayPal Ventures. Read on for more details about the latest trends and developments in the fintech industry.
Analysis of the week
Further expanding on funding news, Finbourne secured $70 million in funding to enhance financial data organization for AI applications. Additionally, companies like Cadana, Hero, and Materia have also made significant strides in the fintech space with new funding rounds.
Dollars and cents
Read on for more details about recent funding rounds in the fintech sector, including updates on companies like Finbourne, Cadana, Hero, and Materia.
What else we’re writing
Stay informed about industry news with our latest updates, including Société Générale’s plans to sell Shine to Ageras, and Klarna’s decision to exit the checkout business.
High-interest headlines
Discover the latest headlines in the fintech world, featuring news on companies like Klarna, PayPal, Revolut, and more.
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