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Search resuls for: "Emre Talay"


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Global VC fintech funding has been cut in half to $23 billion so far this year, per S&P data. Fintech startups focused on solving business issues have remained somewhat resilient. Globally venture capital funding to fintech companies dropped 49% year-on-year to $23 billion in the first half of 2023, according to S&P data. Within that, investment in consumer-facing fintech startups, such as banking and trading apps, has endured an even more torrid year, sliding by 73.8% to $1.9 billion in Q2. Insider spoke to four fintech investors who identified the areas within B2B fintech that are capturing their attention right now.
Persons: Khalil Hefaf, fintech, Hefaf, Uber, Banks, Alix Brunet, Europe's, Weavr, Griffin cofounders Allen Rohner, David Jarvis Griffin, Dan Chaplin, Kaushik Subramanian, Payrails cofounders Emre Talay, Orkhan Abudullayev, Nicolas Thouzeau Payrails, Chaplin Organizations: Target, Mass Mutual Ventures, Griffin, Dawn Capital, Treasury, Payrails, EQT Ventures, London, UBS Locations: Europe, digitize, London, Germany, Payrails
German fintech Payrails has brought in a $14.4 million funding extension. The startup has raised the fresh funds from EQT Ventures and General Catalyst. German fintech startup Payrails has raised $14.4 million in a funding extension from EQT Ventures and General Catalyst, the company said on Tuesday. The fresh funds come from EQT Ventures and General Catalyst, confirming previous Insider reportingVC giant Andreessen Horowitz and German investor HV Capital funded a $6.4 million seed round in 2021. "We've grown and now have large enterprises using the product so the fundraising is a decision to help us accelerate our product roadmap."
Persons: Payrails, Catalyst, Andreessen Horowitz, Orkhan, Emre Talay, Nicolas Thouzeau, we've Organizations: EQT Ventures, Capital
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