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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). That could lead to consolidation, too.

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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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Per Seat or Per Use Pricing: A Framework for Evaluating the Right Strategy for Your Startup

Tomasz Tunguz

Should you price your SaaS per seat or per use? One of the most memorable parts of the session is when modified shared with us that the most common pricing mistake in a land and expand motion is to cede too much value in the free/lesser product, scuttling any expansion opportunity. A hybrid approach. Competition.

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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. With the dark store model, there is more of an opportunity to stay capital efficient, though harder to launch your own fulfillment.

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

TechCrunch

Additionally, Melonn works with a range of transportation providers, including incumbents such as FedEx or DHL and last-mile startups, to reduce shipping times and costs. . Melonn then takes care of the picking, packing and delivery, so that end-consumers receive their orders on the same or next day, also taking care of returns.

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

TechCrunch

Bhettay wasn’t planning to raise additional funds so soon after the Series B, but said accelerated growth in the business enabled the company to hire more, check off more of the to-do list items over the past eight months and provided a unique opportunity to lean in on partnerships and expand financial plans.

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