An angel investor was so intrigued by this startup, he joined as a co-founder 

Welcome to TechCrunch Fintech! This week we’re looking at a startup out to help people navigate long-term care, a flurry of activity in Africa, another fintech company shutdown, and more.To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here.Image Credits:WaterlilyLong-term care is not something most people think about until they are older, or until they are forced to. And by then, it is often too late. This topic is personal to me, as I saw both my oldest brother and my mother suffer from illnesses and require long-term care in recent years. Not only is it difficult to find quality care, but it is also extremely expensive — even if you were fortunate enough to purchase some sort of insurance policy. So when I was recently pitched a story on a startup using AI to help people navigate long-term care planning, I was intrigued. Lily Vittayarukskul started Waterlily in late 2021 after her family was “wiped out” financially by helping care for her aunt who had been diagnosed with terminal colon cancer. The company uses artificial intelligence to predict a family’s future long-term care needs and costs and then guides them “in building a care plan and figuring out the right way to pay for it.” Fascinating. I’m not the only one who thinks this way. Vittayarukskul initially started Waterlily as a solo founder until Evan Ehrenberg, a small angel investor, came along. Ehrenberg — who had previously founded and sold Clara Health — helped with early research and was struck by the industry’s response. Curious, he tested the platform and was shocked by his long-term care predictions — so much so that he changed his diet, hired a personal trainer, and updated his financial plans. That experience pulled him in deeper. By 2022, Ehrenberg — who became MIT’s youngest neuroscience PhD — had joined Waterlily as a co-founder. Image Credits:MooveUber-backed Moove, an Africa-born mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers across six continents, has acquired Kovi, a Brazilian urban mobility provider. Moove co-founder and co-CEO Ladi Delano told TechCrunch that the deal bumps the mobility fintech’s annual revenue to $275 million. Last March, Moove reported a $115 million ARR.Formance believes there’s value in offering a modular platform that’s similar to Amazon Web Services’ take on cloud hosting: Customers can use a single service, but it’s more efficient if you house all your cloud infrastructure under the same roof. And it’s just raised $21 million in a round co-led by PayPal Ventures and Portage.French embedded banking startup Swan has raised another €42 million (around $44 million at current exchange rates). The company considers this round to be the second part of the Series B that was originally announced in September 2023.Cedar Money recently closed $9.9 million in seed funding led by