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Accel backs Mexican startup Flink’s effort to bring consumer investing to Latin America

TechCrunch

And, the app was recently ranked in the top 10 of all apps downloaded in Mexico via Google Play, surpassing Spotify and Facebook app downloads, according to Amozurrutia. The banks and incumbents take advantage of that and make people feel like they’re not smart enough to manage their money. We need to educate on a basic level.”.

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Catching a Second Wind

OurCrowd

While incumbent competitor Mattress Firm began a process of consolidation and subsequently filed for bankruptcy in 2018, Casper announced it would be opening 200 retail locations across the US. Buyers now expect stores to offer an opportunity to connect with a brand in a way that is relational rather than purely transactional. “A

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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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Beacons debuts a ‘link in bio’ mobile website builder that helps creators make money, not just list links

TechCrunch

Its website builder offers creators an expanded set of tools to monetize their community, including through donations, sales, paid requests, affiliate shopping and more. Other monetization blocks allow creators to accept donations or sell digital downloads — like e-books or paid video content, for instance.

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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. the company says. the company says.

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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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Transitioning To a Mobile Centric World

abovethecrowd.com

Then came client-server, which also launched new winners at the expense of older incumbents. Most interestingly, new company wealth (pure play Internet companies) far exceeds “transitioned wealth” (incumbent companies transitioning their model successfully to the new platform). TripAdvisor and Yelp rule the day, not Frommers and Zagat.