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Debt versus equity: When do non-traditional funding strategies make sense?

TechCrunch

David Friend is a serial entrepreneur, six-time founder, and the current co-founder and CEO of cloud storage company, Wasabi Technologies. Even if you’re growing quickly, not all founders want to set a valuation for their company. People tend to think that category creation is less risky than incumbent disruption.

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Israeli fintech Personetics raises $85M for tools to help incumbents personalize banking services to compete with neobanks

TechCrunch

Today a startup that is building tools to help incumbent address this challenge is announcing a round of funding on the back of a lot of demand for its services. “T hey are seeing the impact of the alternatives,” he said, with the migration away from the incumbents happening gradually. That’s a common thing.”

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Citi backs Crowdz, a Pipe competitor that just raised $10M for its blockchain-powered invoice financing marketplace

TechCrunch

That player, Crowdz , recently secured $10 million in financing co-led by Citi and Dutch growth equity firm Global Cleantech Capital, with participation from Bold Capital Partners, TFX Ventures and Augment Ventures. Put simply, Crowdz started out by giving small and medium-sized businesses a way to sell invoices for financing to funders.

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Ivella is the latest fintech focused on couples banking, with a twist

TechCrunch

Led by CEO and co-founder Kahlil Lalji , the startup is launching with a split account product that just raised $3.5 ” The company built out an internal ledger to track the way that money is moving between user accounts, in a way that the co-founder thinks a lot of other fintechs don’t. Zeta, which raised a $1.5

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Indonesian fintech startup Ayoconnect raises $13m more in Series B funding

AsiaTechDaily

Register Indonesian open finance platform Ayoconnect has raised an additional $13 million in its Series B funding round, bringing the total amount it raised to date to $43 million. Founded in 2016, Ayoconnect is Southeast Asia’s largest Open Finance API platform.

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Column Tax announces $5.1M seed round to launch mobile tax-prep products

TechCrunch

Some prominent angel investors also participated in the round, including Opendoor founder Eric Wu and former Wealthfront CEO Adam Nash. Column Tax co-founders Gavin Nachbar and Michael Bock. Wealthy Americans have access to CPAs and accountants and tax advice people watching over their finances year-round.

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Former Zillow execs raise $70M seed round for Tomo, which wants to simplify the mortgage process

TechCrunch

Ribbit Capital led the financing, which also included participation from DST Global, NFX and Zigg Capital. Armstrong, who serves as Tomo’s chief revenue officer, previously led business strategy, product strategy and core operations for Zillow’s $1 billion buyer services business. . No doubt it has plenty of competition.