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Monzo Makes Money Work For Everyone

Y Combinator

Monzo’s culture of customer obsession allowed it to use the crisis to thoughtfully build a beloved consumer and SMB product that has changed personal finance in the UK. 2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer. This did not happen by magic. expectations.

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AI chip startup Sima.ai bags another $30M ahead of growth

TechCrunch

A recent ZDNet piece reaffirms that the AI edge chip market is booming, fueled by “staggering” venture capital financing in the hundreds of millions of dollars. “The appointment of Lip-Bu Tan as the newest member of Sima.ai’s board of directors is a strategic milestone for the company. .

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End-to-end operators are the next generation of consumer business

TechCrunch

How to communicate with your board in tough times. As consumers grew more comfortable with the web, marketplaces like eBay, Etsy, Expedia and Wayfair* emerged, enabling historically offline transactions to occur online. More posts by this contributor. Keys to ascending the consumer-internet throne. Justin Da Rosa. Contributor.

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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. As part of the investment, Priya Saiprasad, partner at SoftBank Investment Advisers, is joining CommerceIQ’s board of directors. “E-commerce

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B2FI: Demystifying Software Sales Into Financial Institutions

Andreessen Horowitz

Meanwhile, FI senior leaders and board members are intrigued by new products like Microsoft 365 Copilot and how generative AI can automate their internal workflows (and improve their bottom lines). Taken as a whole, FIs are at an especially receptive time for greater software adoption.

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Tanzanian fintech NALA raises $10M seed to build Revolut for Africa

TechCrunch

to select African countries include unicorn Chipper Cash , Lemonade Finance, Zazuu and Sendwave. Their collective bet is that their market will grow over time and eat into traditional incumbents’ share. Similarly, NALA, in addition to enabling cross-border payments from the U.K. Whether that’ll happen remains to be seen.

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Vesta closes on $30M in an a16z-led Series A to build a new kind of mortgage infrastructure

TechCrunch

And today, Yu and Yang’s new company, San Francisco-based Vesta , is announcing it has raised $30 million in Series A financing led by Andreessen Horowitz (a16z) with participation from new investor Zigg Capital. ” “This is very contrary to the incumbents,” Yu told TechCrunch. “We