article thumbnail

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.

article thumbnail

Amira Yahyaoui wants Mos to be a ‘radical’ fintech startup

TechCrunch

We don’t want to be elitist, we don’t want to do this for a very small category of people because we really want to become the incumbent bank in the U.S.,” The round, led by Tiger Global with participation from Sequoia, Lux Capital, Emerson Collective, Plural VC and more, came together in less than 24 hours, Yahyaoui noted.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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?

article thumbnail

These Y Combinator-backed startups are trying to build ‘ChatGPT for X’

TechCrunch

But Ochoa argues that Lasso solves many of the setup problems associated with incumbent RPA solutions while remaining license-free. Plus, while RPA VC funding has fallen from the heights it hit in 2018, it remains a large tranche. ” How well Lasso works in practice remains to be seen. In 2020, backers poured $296.4

startup 102
article thumbnail

Breaking Down a Typical VC/Startup Diligence Process

Tomasz Tunguz

What kinds of moves are the incumbents making and how they change the market? Legal diligence : I’m interested in learning how well formed the company is, if there are skeletons in the closet like fired co-founders or large debts or consultants who are owed shares or pending lawsuits. How concentrated is the market?

VC 41
article thumbnail

Holded, an ‘ERP for small businesses’, raised €15M from Elaia, Lakestar, Nauta and SeedRocket

TechCrunch

Holded , a platform billing itself as an ERP aimed at small businesses, has raised a €15 million Series B funding round led by VC firm Elaia, together with Lakestar, Nauta Capital and SeedRocket. Most of the new ERPs are just doing the same as the incumbents but in the cloud. The ERP startup space is heating up.

article thumbnail

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.

board 91