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6 VCs explain why embedded insurance isn’t the only hot opportunity in insurtech

TechCrunch

And according to David Wechsler, a principal at OMERS Ventures, “having an embedded strategy is not required for venture funding.” He thinks that early use cases may center on customer service, but is certain that more will follow. Meyer added that there is particular interest in products that go beyond embedded insurance. “We

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Spryker raises $130M at a $500M+ valuation to provide B2Bs with agile e-commerce tools

TechCrunch

Businesses today feel, more than ever, the imperative to have flexible e-commerce strategies in place, able to connect with would-be customers wherever they might be. It plans to use the funding to expand its own technology tools, as well as grow internationally. ” The roster includes Metro, Aldi Süd, Toyota and many others.

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Extra Crunch roundup: StockX EC-1, Early Stage recaps, unpacking Alkami’s IPO, more

TechCrunch

Predictably, they’re mostly focused on the how and why: How do I get into an accelerator? Use discount code ECFriday to save 20% off a one- or two-year subscription. The competition intensified further last year when American incumbents Beyond Meat and Eat Just entered China. When should I hire a sales team?

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Q3 outlook forecasts cloudy days ahead for fintech M&A

TechCrunch

Bob Ruark, principal and banking and fintech strategy leader for KPMG US, noted that pricing is difficult now given the rapid decline in valuations. Most of those are product buys to drive or accelerate revenue growth with the secondary benefit of getting new talent, Ruark said. from the previous quarter” to $24.1

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After a record year for Israeli startups, 16 investors tell us what’s next

TechCrunch

How has COVID-19 impacted your investment strategy? Platforms that are transforming how people and businesses operate, go about their business or leverage their core assets, using superior products, data and AI. How has COVID-19 impacted your investment strategy? This can be professional, personal or a mix of the two.

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Jambo raises $7.5M from Coinbase, Alameda Research to build “web3 super app” of Africa

TechCrunch

The mix of positives such as a fast-growing population–the youngest globally–, solid smartphone penetration, increasing crypto adoption, and negatives like low GDP per capita across board and unemployment makes Africa the next ripe ground for web3. For instance, users can save their data spend when they use Jambo.