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Make no bones about it, Fuzzy expands reach into pet care market with capital infusion

TechCrunch

Today, Fuzzy announced $44 million in growth funding to expand its digital pet care network of veterinary professionals to alleviate some of the strain on the industry and make care accessible and affordable to all. In addition, 25% of the capital was raised from underrepresented communities, Bhettay said. Fuzzy live chat via its app.

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Disrupting Finance From Above: Wealthfront

abovethecrowd.com

Many entrepreneurs in Silicon Valley believe that the financial services industry in the United States is “ripe for disruption. ” First, they believe that the current offerings from the financial incumbents are lacking. banking system is the Automated Clearing House network, broadly known as ACH. bank transfer to happen.

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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. Access to capital through overdrafts and Monzo credit products. Outperforming incumbents with modern experience and digital infrastructure. expectations. Social features to pay your friends (e.g., Splitwise).

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AI-powered supply chain startup Pando lands $30M investment

TechCrunch

CEO and founder Nitin Jayakrishnan says that the new capital will be put toward expanding Pando’s global sales, marketing and delivery capabilities. This, along with the platform’s emphasis on no-code capabilities, differentiates Pando from incumbents like SAP, Oracle, Blue Yonder and E2Open, Jayakrishnan asserts.

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

TechCrunch

Four big-name backers jointly led the round — Sequoia Heritage, a private investment fund and a subsidiary of Sequoia; Founders Fund; payments upstart Stripe; and Ribbit Capital. ” Going up against incumbents. Third-party providers, mostly fintechs, have tried to capture some market share from these incumbents.

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

TechCrunch

A number of fintechs have popped up as of late aiming to disrupt the traditional model of evaluating an individual’s creditworthiness. It’s raising a $30 million Series B, led by TransUnion — one of the largest incumbents in an industry that Spring Labs is looking to shake up. Spring Labs is one of them.

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The Amazing Power of Deflationary Economics for Startups

Both Sides of the Table

Ones that offer amazing value (low relative margins) at high volumes that makes it nearly impossible for high-cost incumbents to compete. How does the incumbent respond? Does your product dramatically reduce costs in an industry with large incumbents and fat margins? How do existing incumbents compete with that?