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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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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, a particular segment has achieved scale faster within the past year. And of course, funding in health tech is generally low.

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Cultivating a Practice of Diversity, Equity, and Inclusion in Ecosystem Building Programs

Ecosystem Builder Hub

It is incumbent upon those of us working to build vibrant entrepreneurial ecosystems to put inclusion front and center, at the heart of everything we do. Ongoing third-party consultation. What does it say when we tell them their ideas and dreams are unworthy because they don’t fit into some narrow model of a startup founder?

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Extra Crunch roundup: StockX EC-1, Early Stage recaps, unpacking Alkami’s IPO, more

TechCrunch

The competition intensified further last year when American incumbents Beyond Meat and Eat Just entered China. Moussouris, who runs consultancy firm Luta Security, now advises companies and governments on how to talk to hackers and what they need to do to build and improve their vulnerability disclosure programs.

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New challenger Ikigai combines digital banking and wealth management

TechCrunch

Once the pair dug deeper, as management consultants are wont to do, they say they also discovered “interesting behavioural trends,” particularly when it comes to young and affluent people. On banking competitors, Ikigai’s founders argue that existing incumbents and challengers both have “significant” failings.

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Booz Allen Hamilton launches $100M corporate venture arm focused on early-stage startups

TechCrunch

Booz Allen Hamilton, the Virginia-based, defense-focused IT consulting firm, today announced the launch of a corporate venture capital arm, Booz Allen Ventures, that will initially put $100 million toward “strategic” defensive and offensive technologies.

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Leonard Brody: The Great Rewrite

Entrepreneurs' Organization

While technology may be the catalyst of the rewrite, this is a deeply human story: How are executives and entrepreneurs, consultants and thought leaders metabolizing dynamic technological advancement to create game-changing innovation for their employees and their customers? Along with new competition comes new opportunity.