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Fintech has been in the dumps for a while now, and with companies like Brex once again cutting staff as they try to rein in costs, you’d be forgiven for assuming that the market for financial technology products is struggling.
Well, not really.
Brex might not be having a good couple of quarters, but there’s sufficient positive news from the world of fintech to offset all the negativity around the sector. Bilt Rewards’ new massive round is a good example of the other side of the coin: The rewards-focused startup just raised nine figures at a significantly higher unicorn valuation.