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Komunal secures $8.5m to strengthen Indonesia’s neo-rural bank ecosystem

AsiaTechDaily

“We are humbled by the overwhelming support from our investors, rural bank partners, and loyal users. It was very fulfilling to see how digitalization has helped our rural bank partners to thrive during the pandemic recovery period and enabled our loyal users to access attractive deposit and loan products digitally.

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Monzo Makes Money Work For Everyone

Y Combinator

2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer. Outperforming incumbents with modern experience and digital infrastructure. Monzo also cracked world-class customer support via in-app chat. expectations. Traditional banks have not been able to keep pace.

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ManageXR grabs $4 million seed round to scale XR business 

TechCrunch

With the latest funding, ManageXR will support its expanding team and go-to-market strategy as the company has experienced rapid growth since becoming available to beta users in November 2019 and officially launching in April 2021. ” Image Credits: ManageXR dashboard / ManageXR. Qualcomm launches new AR dev kit, acquires Clay AIR.

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Akeyless secures a cash infusion to help companies manage their passwords, certificates and keys

TechCrunch

Back in 2018, Refael Angel, a former security software engineer at Intuit, had an idea for a new approach to protect encryption keys — the random string of bits created to scramble and unscramble data — on the cloud. The core problem Akeyless attempts to tackle is what Hareven refers to as “secret sprawl.”

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These Y Combinator-backed startups are trying to build ‘ChatGPT for X’

TechCrunch

Yuma’s platform provides ChatGPT-like AI systems that integrate with help desk software, suggesting drafts of replies to customer tickets that are both “relevant and customized to the support agents” (in theory). “ But they all have one thing in common: they all hate customer support.

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Monzo Makes Money Work For Everyone

Y Combinator

2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer expectations. Monzo attacked incumbent models by creating an entirely app-based experience where customers could open a checking account from their phone for free. Traditional banks have not been able to keep pace.

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

TechCrunch

In a statement, Luke Sarsfield, co-head of Goldman Sachs Asset Management, said: “Employers are looking to provide their employees tailored solutions and customizable advice that can better support individual saving and investing needs to help improve retirement savings outcomes.

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