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Taxfix, the Berlin-based mobile tax filing app, raises $220M at a $1B+ valuation

TechCrunch

The funding is being led by Teachers’ Venture Growth, the rebranded venture fund the Ontario Teachers’ Pension Plan Board (a prolific investor for years in tech), with previous backers Index Ventures, Valar Ventures, Creandum and Redalpine also participating. Index led its Series C in 2020 ; Valar led a round in 2018 ).

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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. In this post, we will walk through what drove Monzo’s early success, how it has come to dominate the UK market, and the company’s opportunity to change the landscape of global financial services with its beloved brand.

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Welcome Tech, which wants to build a ‘Super App’ for immigrants, raises $30M

TechCrunch

s SB Opportunity Fund. Joining TTV in doubling down on their investment in the company were Owl Ventures, SoftBank’s Opportunity Fund, Mubadala Capital and Next Play Capital. We blew through about 1 million app downloads of our digital wallet a few weeks ago,” Hemmat told TechCrunch. “We

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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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Former Facebook teammates raise $10.4M in Sequoia-led round to launch features development

TechCrunch

The Statsig team saw an opportunity to rebuild these features from scratch outside of Facebook so that other companies that have products to build — but no time to build their own quick testing capabilities — can be just as successful. In fact, the adoption the company is getting is “bottom up,” which is what Statsig wants, he said.

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Brex: The Future of Business Banking and Cash Management

Y Combinator

Even with $125K from YC and $1–2M in venture funding, a startup’s credit limit is still likely to tap out at $20K from an incumbent creditor—which is not nearly enough to cover software, marketing, and other expenses. incumbent offerings which only offered end-of-month reconciliation). The incumbent system involves three key “stacks.”

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The Ezra Klein Show: VC Bill Gurley on Transforming Health Care

abovethecrowd.com

It only seemed logical to us that the same opportunity should exist in healthcare. Over the next two years, I looked at many healthcare IT investment opportunities – I went “all in.” Eventually, however, we gained our footing and developed a mental model for the industry and a framework for where opportunities do exist.

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