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LMS365, a learning management system built into Microsoft 365 and Teams, raises $20M

TechCrunch

Embedding a learning management system directly into workers’ core everyday tools is one of LMS365’s core selling points versus incumbents in the LMS space such as Workday , Eloomi , or TalentLMS. Holst joined LMS365 last year from secure messaging company Wire , where he previously served as chief revenue officer.

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Headless CMS platform Kontent secures new capital to grow its customer base

TechCrunch

Kontent launched in 2015 as an internal startup of 18-year-old bootstrapped software developer Kentico. ” In 2015, Kentico started to explore the emerging trend of “headless CMSes,” trying to rethink some of the core concepts of content management and sell it as a software-as-a-service solution.

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Former Zillow execs raise $70M seed round for Tomo, which wants to simplify the mortgage process

TechCrunch

Armstrong, who serves as Tomo’s chief revenue officer, previously led business strategy, product strategy and core operations for Zillow’s $1 billion buyer services business. . And it’s because the incumbents have no reason to fundamentally change.”. billion in 2015. “We No doubt it has plenty of competition.

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Most fintechs partner with banks; Varo became one, and says it’s paying off

TechCrunch

It has raised nearly $1 billion since its 2015 inception and was valued at $2.5 For me, there was a huge opportunity in a space that the incumbents were not able to capture because a lot of it is the economics of their model and misaligned incentives.The world continues to unfortunately be made up of haves and have nots….There

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Nigerian YC-backed startup Anchor comes out of stealth with $1M+ to scale its banking-as-a-service platform

TechCrunch

In 2015, the emergence of fintechs such as Flutterwave and Paystack changed the game for online businesses in Africa by making it easier to integrate payments into customer interfaces without building those features from the ground up or merging with tacky foreign software.

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Payments remain the darling of the fintech space

TechCrunch

Snafus can happen even when incumbents and fintechs partner. Chief corporate development and strategy officer Greg Orenstein will move into its CFO seat.” The relationship between incumbents and upstarts has long been a complicated one. 18), but those problems were resolved by the afternoon, the bank said.

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So much fintech M&A

TechCrunch

A lot has changed in the markets since then, so this feels like a good outcome for the startup, which was founded by Paul Sawaya and Roger Lee in 2015. ” And this line was the classic motivation for all incumbents buying fintechs: “Why not just bring it in to our platform and get it to customers as quickly as possible?”.