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.
Want the full post? Become a CB Insights customer.
If you’re already a customer, log in here.
The post Y Combinator’s fintech investment strategy focuses on B2B offerings, especially treasury automation appeared first on CB Insights Research.
More Stories
FTC Publishes Proposed Order Against Ed Tech Provider Edmodo
FTC Asserts COPPA Does Not Preempt State Laws
Barracuda Networks patches zero-day vulnerability in Email Security Gateway