Remove 2014 Remove enablement Remove financing Remove incumbents
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End-to-end operators are the next generation of consumer business

TechCrunch

As consumers grew more comfortable with the web, marketplaces like eBay, Etsy, Expedia and Wayfair* emerged, enabling historically offline transactions to occur online. The key purpose of being end-to-end is to deliver an even better value proposition to consumers relative to incumbent alternatives.

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

TechCrunch

We’ve seen companies across the e-commerce infrastructure and enablement ecosystem pick up larger and larger rounds, and CommerceIQ is the latest to secure late-stage financing. 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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Kuda raises $25M more led by Valar to become the neobank for ‘every African on the planet’

TechCrunch

Challenger banks continue to make significant advances in attracting customers away from the big incumbents by providing more modern, user-friendly tools to manage their money. These will typically be at incumbent banks, but they do not offer the same ranges of services to customers.

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What goes up must come down

TechCrunch

Months after acquiring gamified finance mobile app startup Long Game, Truist Financial Corporation has introduced the Truist Foundry, an innovation division that it says “will function as a startup within the bank.” In other cases, decisions were less honorable and more about furthering the executive’s own agenda. Weekly News.

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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. billion in an all-stock deal that was a reflection of its continued push into consumer finance. Fast slows its roll.

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

TechCrunch

It was acquired by BBVA in 2014 for $117 million and shuttered earlier this year. Its banking APIs enable developers to create their own digital wallets, replacing the need to integrate with legacy financial institutions. Karkal told TechCrunch that the idea for Sila was born out of frustration while starting another bank.

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“Customer First” Healthcare

abovethecrowd.com

From 2004 to 2014, the average payments for coinsurance rose 107% from $117 to $242. These tools might enable online booking, provide the ability for more frequent customer-provider communication, facilitate surveys and feedback, automate follow-up correspondence, and anticipate customer needs.

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