Remove disruption Remove financing Remove health Remove incumbents
article thumbnail

Monzo Makes Money Work For Everyone

Y Combinator

Monzo’s culture of customer obsession allowed it to use the crisis to thoughtfully build a beloved consumer and SMB product that has changed personal finance in the UK. 2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer. This did not happen by magic. expectations.

article thumbnail

End-to-end operators are the next generation of consumer business

TechCrunch

Five success factors for behavioral health startups. The key purpose of being end-to-end is to deliver an even better value proposition to consumers relative to incumbent alternatives. The end-to-end approach makes the most sense when disrupting very large markets. More posts by this contributor. Going after very large markets.

Insiders

Sign Up for our Newsletter

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

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

Ascend raises $5.5M to provide a BNPL option for commercial insurance

TechCrunch

million seed round to further its insurance payments platform that combines financing, collections and payables. Ascend is offering point-of-sale financing to enable insurance brokers to break up those commercial payments into monthly installments. Ascend on Wednesday announced a $5.5 Ascend app.

article thumbnail

Monzo Makes Money Work For Everyone

Y Combinator

Monzo’s culture of customer obsession allowed it to use the crisis to thoughtfully build a beloved consumer and SMB product that has changed personal finance in the UK. 2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer expectations. This did not happen by magic.

article thumbnail

Q3 outlook forecasts cloudy days ahead for fintech M&A

TechCrunch

has a legacy, centralized financial infrastructure that needs to be disrupted and re-imagined by fintechs with blockchain technology. QED Investors said it has expanded its mental health initiative aimed at tackling addiction among entrepreneurs to its Spanish-language portfolio companies. Today the U.S. Seen on TechCrunch.

article thumbnail

The Ezra Klein Show: VC Bill Gurley on Transforming Health Care

abovethecrowd.com

Our firm has had the good fortune to invest in many two-sided networks that used information aggregation, supplier aggregation, and user generated content to attract and inform consumers and resultantly disrupt and change different industries. Ezra Klein : You’re talking here about electronic health records. It’s crazy.

health 43