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Mambu raises $135M at a $2B+ valuation for a SaaS platform that powers banking services

TechCrunch

Mambu , a Berlin-based startup that describes itself as an SaaS banking platform — providing, by way of APIs, technology to banks and others to power lending, deposit and other banking products — has closed a round of €110 million (about $135 million at today’s rates). The funding gives Mambu a post-money valuation of €1.7

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Extra Crunch roundup: Edtech VC survey, 5 founder mistakes, fintech liquidity, more

TechCrunch

Edtech needs to reach beyond underfunded public school systems to become more sustainable, which is why more investors and founders are focusing on lifelong learning. Jan Lynn-Matern , founder and partner, Emerge Education (a leading edtech seed fund in Europe with portfolio companies like Aula, Unibuddy and BibliU). citizenship!

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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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Venture capital funding may have slowed, but VC firms have no problems raising new funds

TechCrunch

With a large population, Pakistan is geographically smaller, well-connected with fewer provinces, has lower regulatory barriers and doesn’t have strong incumbents,” Khurshid, who is originally from Pakistan, said via email. Catherine Shu reported on C2 Ventures ’ second $20 million fund targeting startups disrupting legacy industries.

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Colombian e-commerce enablement startup Melonn raises $20M to help SMBs scale in LatAm

TechCrunch

Other backers include Global Founders Capital and a number of high-profile angel investors, such as GGV Managing Partner Hans Tung, ALLVP Partner Antonia Rojas and LaHaus founders Jeronimo Uribe and Tomas Uribe, among others. Some of my co-founders are big fans of The Lord of the Rings,” Gómez told TechCrunch.

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Tiggy ready to take on Canadian food delivery incumbents with 15-minute option

TechCrunch

Many individual grocers offered their own delivery during the global pandemic, in addition to the delivery incumbents Instacart, PC Express, Inabuggy, DoorDash and Uber Eats. Heartland led the seed round and was joined by Global Founders Capital, FJ Labs and Redbox Ventures.

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Make no bones about it, Fuzzy expands reach into pet care market with capital infusion

TechCrunch

Its digitally-native approach can save pet parents up to $750 a year on healthcare expenses, Zubin Bhettay, co-founder and CEO of Fuzzy, told TechCrunch. Bhettay is also seeing the larger incumbents focus here, as well as marketing dollars, which he considers validation that the market is shifting to the digitalization of pet care.

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