Pascal Unger’s Post

Founding a #startup isn't easy, but Babs Ogundeyi, Group CEO and Founder of Kuda shares some of what he's learnt on his #entrepreneurial journey. In five years, #fintech Kuda has grown to over 7 million customers #globally, and here are the insights that have helped Babs along the way: 🤝 A good #team is essential 💰 #Funding is key to a successful startup 📈 Focus on customers and creating a product they want and need 💪 Navigate challenges and have an understanding of financial sustainability and resource allocation ↪️ Know when to change direction and pivot Via Tech Funding News https://bit.ly/4aoCV1q #Advice #Founder #Neobank #Scaleup #Technology

#Fintech #VCNews: 🎉Gideon Valkin, former Monzo Bank and ClearScore leader, investor, and entrepreneur, has just launched Andrena Ventures! 🌟 📈 It is a $12 million solo GP fund, supported by tech’s top founders and #VC leaders. 💼💰 👍 The fund has already reached its first close, with plans for a final close later this year. 📆 💡 This fresh fund aims to back Europe’s most promising #fintech founders, empowering the next wave of tech giants at pre-seed and seed stages. 🌐 Also, Gideon has also announced the fund’s inaugural #investment in Nustom, an #AI-powered software-building startup. 🚀 More details on Andrena Ventures and its mission: https://lnkd.in/g-DsJvdY #venturecapital #vcfunding #news #technews #uktech #investment #fundingnews #technology #investment Sayula Kirby Taavet Hinrikus Sten Tamkivi Filip Felician Dames Christian Meermann Sophia Bendz David Haber Firat Ileri

Summary: This fintech article provides a round-up of the latest news and updates in the industry, including the launch of new funds and the departure of a prominent venture capitalist from Anthemis Group. It also touches on the aftermath of a recent breakup between Synapse, Evolve Bank & Trust, and Mercury, as well as the impressive growth and profitability of Deel. The article also looks back at some of the biggest fintech hits and misses of 2023. Key takeaways: The start of the new year brought news of new venture funds, including Foxe Capital and Exponent Founders Capital. The departure of Ruth Foxe Blader from Anthemis Group to start her own firm, and the potential drama behind her decision. Updates on the Synapse-Evolve-Mercury situation and the impressive growth of Deel, along with a look back at the biggest fintech stories of 2023. Counter arguments: There may be differing opinions on the reasons behind Blader's departure from Anthemis Group, as well as the potential impact on the company. The ongoing legal battle between Synapse and Mercury may have different perspectives and outcomes. #fintech #startups #venturecapital #vc

WHAT A WAY TO START THE WEEK 🤩 🚀 💰 11:FS has announced its plans to launch 11:FS VC with a view to change the FABRIC of financial services. 👏 The accelerator will leverage their AWARD-WINNING in-house consultancy to offer MORE than just money to ambitious startups looking to break new ground. 👨💻 New Head of VC, Jamie Campbell, commented: “11:FS is the perfect place to launch a world-leading fintech accelerator. All fintech founders face challenges: go-to-market planning, customer acquisition, scaling with partners, technology sourcing and building, accessing good market intelligence, navigating regulation, and accessing funding. 11:FS VC is where the solution to all those pinch points converge. Graduates of our program will leave with some seriously unfair advantages.” Find out more about 11:FS VC on the link below! 👇 David M. Brear Garrick Douthwaite Jason Bates Adam Baldwin Mariette Ferreira Jo Wright Ewan Silver Shaun Meadows Dave Morris David Barton-Grimley Garrick Douthwaite Laura Watkins #11fs #venturecapital #fintech #fintechnews #digitalfinance #techincubator #techaccelerator #fintechaccelerator #fintechcommunity #digitalfinance #startups #consultancy #startupecosystem #financialservices

🚀💸 Did you hear? Fintech startup Coast has just secured a massive $40M in Series B funding, only four months after their last $25M raise! 🌟📈 Coast is making waves as a financial services platform tailored for the future of transportation. This recent funding spree highlights a renewed investor confidence reminiscent of the frenetic investment days of 2021. Despite the cooling down in some tech sectors, certain niche markets like transportation fintech continue to attract substantial attention and capital. 🔍 Looking for insights on why specific sectors remain appealing to investors even in a cautious market? Coast’s rapid funding rounds might give us some clues. ➡️ How is your sector responding to investment trends? Have you experienced a similar surge in interest? Share your thoughts below! 👇 #Fintech #InvestmentTrends #StartupGrowth #FinancialServices #TransportationInnovation #BusinessStrategy 👍 or 👎? Smile 😊 or frown 😦? + or -? Let us know your thoughts and don’t forget to engage with this post! 🚀🔗

#fundingalert 💼Company: Backflip 💰Funding: $15Million ⚡Round: Series A 👥Investors: FirstMark, Crow Holdings, Vertical Venture Partners, LiveOak Ventures, Revel Partners, ECMC, Greg Waldorf, Rob Barber, and Gregg Freishtat, ATTOM Data Solutions Backflip empowers businesses to revitalise houses. Their comprehensive real estate experience, financing solutions, and user-friendly technologies will help you complete the task. Reviving homes may help real estate entrepreneurs enhance local communities, according to Backflip, a proptech + fintech business. The money will be used by the business to increase operations and development initiatives. Backflip is a real estate finance technology startup that helps business owners buy and remodel single-family houses. Josh Ernst serves as the company’s CEO. Joshua Ernst, Rob Barber, Sophia Lorena Buesing✨ Read more - https://lnkd.in/gERU9rg6 To share your startup story write us on - contact@startuprise.io #realestate #realestateinvesting #tech #technews #entrepreneurs #technology #investing #realestatenews #fintech #proptech #startup

How is Ramp redefining the fintech landscape despite market volatility? Ramp, the fintech startup specializing in spend management, recently closed a $300 million funding round, bringing its post-money valuation to $5.8 billion. The funding round garnered strong backing from existing investor Thrive Capital and new investor Sands Capital, among others. With this new capital, Ramp aims to accelerate its product development, expand into new categories, and significantly ramp up hiring in the latter half of this year. Since its launch in 2019, Ramp has seen its revenue grow by 4x in the last year alone, crossing the $300 million mark in annualized revenue. Interested in learning more? You can read the full article here. https://lnkd.in/dh_pe2WY #Fintech #Startup #Funding

Andrena Ventures is a New Solo GP Fund Gideon Valkin, a former Monzo Bank and ClearScore commercial leader, is launching Andrena Ventures, a solo GP fund based in London. The fund has reached its first close at €11.1 million, with backing from prominent tech founders and VC leaders, and plans a final close later in the year. The first investment from the fund is into Nustom, an AI-powered software startup founded by Monzo co-founder Jonas Templestein.💰 Valkin believes Europe is experiencing a surge in innovative talent, with founding teams from companies like Monzo and ClearScore now tackling problems in fintech, AI, climate-tech, and enterprise software. He aims to provide these teams with investors who understand their challenges and ambitions.📈 The fund's backers include Entrée Capital, RTP Global, Taavet+Sten (founders of Wise and Teleport), Cherry Ventures’ managing partners, Andreessen Horowitz's David Haber, and Hummingbird Ventures’ Firat Ileri. Andrena Ventures is inspired by the "PayPal Mafia" concept, where talent from successful tech companies spin-off to create new ventures. Data shows that European fintech unicorns have spun out 145 startups, raising approximately $5 billion. The fund's first investment, Nustom, is an example of this trend, leveraging Monzo’s technical expertise to automate software development using AI. Valkin has a 15-year background as a founder, operator, and investor, previously backing startups like Packfleet, Yonder, Gradient Labs AI, and Moment. His co-investors include Index Ventures, Accel, General Catalyst, Creandum, LocalGlobe, and Northzone. The fund aims to "provide close support and operational know-how to founders, combining access of institutional funds with the personalized support typical of angel investors". This approach allows Valkin to maintain low ownership stakes while delivering high value to his portfolio companies. ✅ Looking to raise capital for your #VCfund and increase the international pool of your LP #investors?   🤝 Need warm #LP introductions?   📝 Selling #secondaries to increase liquidity?   🧐 Looking for co-investments (Series A/Series B)?   ▶ G+QUANT's link for inquiries and fund decks: https://lnkd.in/gjC_EuTE   #VentureCapital #VentureFunding #VentureDebt #Fundraising #Innovation #Technology #Entrepreneurship #Investing #Network #Investors #LPs #GPs #EmergingManagers #FamilyOffice #Markets #Economy #Business #Founders #Startups #StartupFunding #ai #artificialintelligence #unicorn #secondaries #secondarydeals

 Explore the world of fintech startups with our newest episode of "Building Digital Products," featuring the fintech expert Gary Palmer! 🚀 Discover the keys to success in the fast-paced fintech industry. 1️⃣ Mastering the Current Payment Market Landscape 2️⃣ Identifying Market Gaps in Fintech 3️⃣ Tailoring Fintech Solutions to Meet User Demands 4️⃣ Vital Metrics for Tracking Progress at Payall 5️⃣ Essential Advice to Navigate Fintech Startup Challenges 6️⃣ Secrets of Forming Partnerships with Industry Titans Gary's profound insights will provide invaluable guidance on starting and scaling a fintech company with a special focus on customer-centric product development. That would be a perfect talk for those engaged or interested in fintech! #Fintech_startups #DigitalPayments #how_to_start_ a_fintech_company #BuildingDigitalProducts #LinkupStudio

What an insightful and inspiring "Building Digital Products" podcast episode by Linkup Studio featuring Payall Payment Systems, Inc. Founder and CEO Gary Palmer "Fintech Startup Launching: The Success Formula by Gary Palmer". 🚀 And you don't want to miss it! In an illuminating discussion, Gary shares pivotal insights on navigating the complex waters of the fintech industry, based on over 28 years of his experience. This episode underscores a fundamental truth: innovation and adaptation are not mere buzzwords but the very lifeline of fintech evolution. Key takeaways: 👉 Solve the #BIG problem: Tackle the problem your customers care about and what is crucially important to them. Utilizing customer insights can unveil new avenues for product utilization and expansion. 👉 Put the #customers first: Make sure your business is driven by a shared value of your entire team to effectively help your customers to solve their problems and fulfil their needs. 👉 Make sure you have enough #capital to get through the early phases of building the product, signing up clients, getting adoption and getting scale. Gary Palmer's expertise not only highlights the pathway for emerging fintech ventures but also serves as a reminder of the relentless pace of change and the need for continuous innovation in the dynamic fintech industry. Kudos to Khrystyna Klimash for this outstanding opportunity and an energising discussion! #podcast #fintech #BuildingDigitalProducts #Payall