Latest Tech News

Stay updated with the latest in technology, AI, cybersecurity, and more

Filtered by: fintech Clear Filter

Rex Salisbury’s Cambrian Ventures raises new fund, bucking fintech slowdown

Rex Salisbury, the solo GP behind Cambrian Ventures, fondly recalls the time he fell in love with fintech. The year was 2015, he had recently left his job as an investment banker to try his hand on engineering at a mortgage startup in San Francisco. “That’s when you had companies like Stripe, Plaid, Credit Karma, Wealthfront starting to scale,” he told TechCrunch. “Lending Club had just done their IPO, and was trading really well.” Investors’ excitement for fintech grew exponentially in the fo

Block leads rebound in fintech stocks as analysts downplay JPMorgan data fee risk

Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on "Social Media's Role in Promoting Extremism and Misinformation" in Washington, U.S., March 25, 2021. Block jumped more than 5% on Monday, leading a rally in shares of fintech companies as analysts downplayed the threat of JPMorgan Chase's reported plan to charge data aggregators for access to customer financial information. The recovery fol

Five of the most important fintech VCs investing heavily in the sector

Global investing in fintech startups is starting to see an uptick. Just this week, KPMG issued its Pulse of Fintech report for the second half of 2024. In the fourth quarter of 2024, investment climbed to $25.9 billion from $18 billion in the third quarter, according to KPMG. Granted, this is not the enthusiasm of years past, especially the wild days of 2021. But judging by our inboxes, there is no shortage of venture capitalists still betting big on the space. Below is a list of just a few VC