Y Combinator‘s Winter 2023 batch welcomed 48 fintech startups, representing nearly a fifth of the total W23 cohort.
Business-to-business (B2B) fintechs were central to its strategy — in fact, 85% of the fintechs accepted in W23 cater to businesses.
While 77% of the fintech companies in the W23 cohort are based in the United States, Y Combinator also turned to emerging markets. The accelerator invested in 5 emerging-market fintechs, most of which cater to businesses. A couple of examples include Colombia-based treasury automation platform Milio and account-to-account (A2A) payments solution Palomma.
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The post Y Combinator’s fintech investment strategy focuses on B2B offerings, especially treasury automation appeared first on CB Insights Research.
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