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December fintech VC trends: Continuing their love affair with payments

Quick Take Investors poured $11.5 billion into the fintech sector globally in December, with 24 megarounds of over $100 million. Like November, VCs splashed the cash on payments fintechs primarily — $2.2 billion went into the subsector in December. This feature story is available to subscribers of The Block Daily. You can continue reading this Daily feature on The Block.

Blockchain dev platform Alchemy unveils venture arm

Blockchain infrastructure company Alchemy is launching an investment arm for the development of Web3. The newly-announced Alchemy Ventures is partnered with a number of Alchemy’s investors. Projects the fund invests in will also have access to A16z, Pantera Capital, Coatue, Addition Ventures, CB Insights, and The Chainsmokers among others.  The fund plans to invest more than capital. It will also provide upstart Web3 builders with access to the fund’s strategic partners and Alchemy itself, founders dinners for networking, Alchemy’s recruiting …

Fintech VC trends: payments pay off as expenses fintech firms shine

Quick Take This month investors poured $10.4 billion into the fintech sector globally, with 21 mega-rounds of over $100 million.  Payments fintechs were particularly prized by VCs — $3.4 billion went into the subsector in November.  This feature story is available to subscribers of The Block Daily. You can continue reading this Daily feature on The Block.