Axios Pro: Fintech Deals

January 13, 2023

Axios Pro Exclusive Content

Happy Friday, Fintech fans!

⌨️ Editor Michael Flaherty here with the first weekly digest of 2023. A lot of activity this week, with M&A in the payments world and yet another hit to Stripe's valuation.

  • To begin the year, the sector has delivered a mixed bag of positive and negative signs.

1. A new crypto on-ramp takes off

Illustration: Gabriella Turrisi/Axios

Jan. 9 — C14, a New York-based web3 payments firm, is coming to market having raised $2.5 million in seed funding led by General Catalyst, the company told Ryan exclusively.

Why it matters: With Wyre winding down, there's an opportunity for alternative crypto on-ramps — particularly in emerging markets.

Read the rest of the story and Monday's newsletter

Plus: Monday's Pro Rata, with a look at AstraZeneca's latest deal

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