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End-to-end operators are the next generation of consumer business

TechCrunch

Roger Lee is a general partner at Battery Ventures, based in Menlo Park, CA, who focuses on investments in software and consumer tech, including online marketplaces. How to communicate with your board in tough times. Justin Da Rosa is a vice president with Battery Ventures in San Francisco. Share on Twitter. Justin Da Rosa.

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Sila banks $13M to offer single API for developing financial products, services

TechCrunch

Revolution Ventures led the round and was joined by existing investors Madrona Venture Group, Oregon Venture Fund and Mucker Capital, as well as Wise co-founder Taavet Hinrikus. It was acquired by BBVA in 2014 for $117 million and shuttered earlier this year. Investors, founders report hot market for API startups.

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Sequoia Heritage, Stripe and others invest $200M in African fintech Wave at $1.7B valuation

TechCrunch

And this has investors, especially foreign ones, excited and looking to get on board. Drew Durbin and Lincoln Quirk founded Sendwave in 2014 to offer little or no fee remittances from North America and Europe to select African and Asian countries. ” Going up against incumbents. From Sendwave to Wave.

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CommerceIQ gets its horn as capital continues to flow into e-commerce infrastructure startups

TechCrunch

When much of the shopping shifted online during the global pandemic, startups developing software and other products to aid the transition began to garner attention from venture capital firms. The CEO is Guru Hariharan, who you might remember from retail analytics company Boomerang Commerce , a Startup Battlefield finalist in 2014.

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Polly snags $37M in Menlo-led Series B to automate workflows for mortgage lenders

TechCrunch

Polly, a SaaS technology startup aiming to “transform” the mortgage capital markets, announced today that it has raised $37 million in a Series B funding round led by Menlo Ventures. New backers Movement Mortgage, First American Financial and FinVC joined existing investors 8VC, Khosla Ventures and Fifth Wall in participating in the round.

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How W4 plans to monetize the Godot game engine using Red Hat’s open-source playbook

TechCrunch

Godot, for the uninitiated, is a cross-platform game engine first released under an open source license back in 2014, though its initial development pre-dates that by several years. But Linietsky was keen to highlight one core difference between W4 and these incumbents: it’s expertise. ” Support and services.

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Fintech Roundup: Goldman Sachs buys another startup, Fast hits a speed bump and BaaS gets hotter

TechCrunch

Founded in 2013 (or 2014 depending on the source), the Chicago-based company has raised over $82 million in funding over its lifetime from investors such as FinTech Collective and Oak HC/FT , according to Crunchbase. It also noted that Goldman’s intent to buy NextCapital “follows several moves by multiline incumbents (e.g.

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