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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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Sequoia Heritage, Stripe and others invest $200M in African fintech Wave at $1.7B valuation

TechCrunch

And this has investors, especially foreign ones, excited and looking to get on board. ” Going up against incumbents. Third-party providers, mostly fintechs, have tried to capture some market share from these incumbents. Neobanking, based on mobile technology too, falls somewhere in the middle of the two).

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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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How to Think of R&D Spend

Andreessen Horowitz

In board meetings, we scrutinize the efficiency of sales and marketing (S&M) spend, costs of goods sold (COGS), and general and administrative costs (G&A). At the board level, it can be helpful to discuss the thinking behind your priorities as well as your expectations for the returns on your R&D spend.

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Why TransUnion led blockchain fintech Spring Labs’ $30M Series B

TechCrunch

T he startup uses blockchain with the aim of creating a richer network effect of data that allows credit bureaus and others to predict the creditworthiness of people who are not in the traditional credit bureau system. We’re exploring standing up unique information sharing networks.”.

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Hungryroot co-founder’s new venture, Noops, a plant-based pudding startup, raises another $2M

TechCrunch

As part of the investment Larry Appel, former CEO of The Fresh Market, and Benjamin McKean, CEO of Hungryroot, will join the company’s advisory board. In fact, of the $348 billion in annual sales generated by the top 25 food and beverage incumbents in the U.S.,

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ManageXR grabs $4 million seed round to scale XR business 

TechCrunch

ManageXR announced today it has raised a $4 million seed round led by Rally Ventures , with venture partner and previous lead angel investor Jay Borenstein joining the company’s board of directors. . Los Angeles-based Talespin nabs $15 million for its extended reality-based workforce training tools.