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How a Little Bit of Fear Breeds Innovation

Entrepreneurs' Organization

Incumbent human processes were cumbersome, laborious, costly, slow and demoralizing. Krupa Srinivas is the co-founder of Owned Outcomes, a software company that enables data-driven decision making for healthcare providers and payers as they seek financial sustainability alongside clinical outcomes in patient care.

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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 has also been able to move faster than incumbents because of its forward-looking approach to building banking infrastructure.

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

TechCrunch

The company was founded in 2018 by Shamir Karkal, Angela Angelovska, Isaac Hines and Alex Lipton to simplify digital payments and storage in a regulatory compliant way and build on blockchain technology. Its banking APIs enable developers to create their own digital wallets, replacing the need to integrate with legacy financial institutions.

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ManageXR grabs $4 million seed round to scale XR business 

TechCrunch

Its platform looks to scale enterprises’ XR deployments, enabling them to control remotely every aspect of their XR device fleet, including distributing apps and files, customizing the home screen user experience, tracking device health and usage, and more. . . ” Image Credits: ManageXR dashboard / ManageXR.

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

AsiaTechDaily

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. Moreover, Komunal also recorded positive EBITDA since October 2022 while experiencing growth and profitability at the same time.

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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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Eksab gets $3M to scale its fantasy football platform across MENA and Africa

TechCrunch

Founder and CEO Aly Mahmoud started Eksab in 2018. Mahmoud, who worked at a startup incubator in Canada while he got the idea for Eksab, said he built the platform with inspiration from incumbents such as Dream 11 , DraftKings and FanDuel as well as newer startups infusing web3 into the world of fantasy sports like Sorare. and Europe.