Open banking ā where traditional banks can share data, and build new services, by way of APIs that bring their ageing systems into the 21st century ā has seen its biggest traction to date in mature economies, where the vast majority of consumers and businesses already have bank accounts; are au fait with digital transactions; [ā¦] Ā© 2023 TechCrunch. All rights reserved. For personal use only.
fintech
fintech
Exponent Founders Capital, an early-stage venture firm founded by alumni of startups such as Plaid, Robinhood and Ramp, has closed on $75 million in capital commitments, TechCrunch is the first to report. The firm, which is emerging from stealth today, raised $50 million for its first fund in November of 2021. Managing Partners Charley Ma [ā¦] Ā© 2023 TechCrunch. All rights reserved. For personal use only.
In 2023, India introduced a series of regulations and tweaked policies that borrowed from Europeās antitrust approach and Chinese-style government surveillance, alarming executives and investors in the worldās most populous market. Additional regulations are on the horizon in 2024 as New Delhi continues a regulatory shift to more tightly govern the tech sector. Last year, [ā¦] Ā© 2023 TechCrunch. All rights reserved. For personal use only.