This article is a summary of the latest fintech news and trends. Here’s a breakdown of the main points:
Fintech Roundup
- The article highlights various fintech companies, including Ramp, which has made headlines for its growth and success in the fintech space.
- There are mentions of other fintech companies such as Better.com, Bolt, and Belvo.
Executive Changes
- Vishal Garg, former CEO of Better.com, is still employed despite controversy surrounding his return to the company.
- Ryan Breslow, co-founder and former CEO of Bolt, is no longer leading the company due to "fiery tirades" on Twitter.
Investment and Funding
- A $50 million fund has been raised by Taylor Greene’s new firm, Twelve Below, which will focus on seed-stage founders in fintech and healthcare.
- Gilgamesh Ventures, led by Miguel and Andrew Endicott, has also raised $9.25 million to invest in fintech companies.
Industry Trends
- The article notes that there is a lack of diversity in the fintech industry, with many male executives holding positions of power.
- There are mentions of various trends, including the growth of AI and machine learning in fintech, as well as the increasing importance of regulatory compliance.
Notable Mentions
- Mary Ann Azevedo, the author of the article, has been included on Belvo’s list of top fintech influencers and newsletters to follow in 2022.
- The article also mentions the "Free Our Feeds" campaign, which aims to billionaire-proof social media platforms.
Overall, this article provides a comprehensive overview of the latest developments in the fintech industry, highlighting key companies, trends, and executive changes.
