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Ivorian healthtech startup Susu has $1M to scale its family-centric insurance product across Africa

TechCrunch

million in debt and grant financing from BPI France , the French government’s public investment bank. Having worked in a luxury firm, as an investment banker at JP Morgan and her own consulting firm, Bardet decided to start Susu in 2019. So that’s how the story started.”. Susu founders.

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FintechOS nabs $60M for a low-code approach to modernizing legacy banking and insurance services

TechCrunch

“Challenger” startups in banking and insurance have upended their industries, and picked up significant business, by building more customer-friendly tools and services — more personalized, easier to access and usually competitively priced — than those typically provided by their bigger, incumbent rivals.

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Mosaic raises $18.5M Series A from GC to rebuild the CFO software stack

TechCrunch

Worse, CFOs are expected to be more strategic than ever about finance, but can struggle to deliver important forecasts and projections given the lack of availability of key data. Mosaic is a “strategic finance platform” that is designed to ingest data from all sorts of systems in the alphabet soup of enterprise IT — ERPs, HRISs, CRMs, etc. —

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Save $450,000, and Win Your Next Pitch

Entrepreneur's Handbook

Consultant: You are one of many and until you get to the final round, your primary job is to survive and advance through each round. Two factors often come down to how Q&A will be shared and/or if we are the incumbent. Go 1st, create a feedback-loop, build trust / rapport, and invest in the relationship.

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Breaking Down a Typical VC/Startup Diligence Process

Tomasz Tunguz

What kinds of moves are the incumbents making and how they change the market? Financing plan : What are the major buckets of expenditures? At this point, I’m really interested and I’m trying to understand the investment risks better. Then, I try to dig deeper into the nuances of the market. How concentrated is the market?

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African healthtech startups in the supply chain segment show rapid growth, spurring a $7M investment initiative

TechCrunch

And according to a new report from Salient Advisory, a global healthcare consulting firm, this is the segment where the most impressive growth has occurred for Africa’s healthcare in the last 12 months. However, the segment is yet to record the type of investments that have poured into B2B retail e-commerce in the previous two years.

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New challenger Ikigai combines digital banking and wealth management

TechCrunch

However, where some more differentiation arguably comes into play is that Ikigai also offers “fully managed, globally diversified investment portfolios” under the wealth section of the app. On banking competitors, Ikigai’s founders argue that existing incumbents and challengers both have “significant” failings.