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After raising $10M, Breeze breathes fresh air into a stagnant disability insurance market

TechCrunch

Similar to other insurance products, disability insurance was sold the same way for more than 20 years: using outdated technology, data science and underwriting that didn’t provide consumers an appropriate policy based on their occupation and health. Why VCs are dumping money into insurance marketplaces.

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Ivorian healthtech startup Susu has $1M to scale its family-centric insurance product across Africa

TechCrunch

million in debt and grant financing from BPI France , the French government’s public investment bank. Bola Bardet founded the company with Laurent Leconte (CTO) and Sandrine Egron (COO) after losing her father to complications from a chronic health condition due to poor management. “My That’s where Susu tends to be different.

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Gusto: The People Platform for SMBs

Y Combinator

And for employees, Gusto’s goal is to help put the individual in the driver’s seat of their financial health and their career. In the long run, software platforms have the potential to be much larger than traditional incumbents. Incumbents relied primarily on sales teams, which Gusto suspected actually limited their reach among SMBs.

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Nigerian YC-backed startup Anchor comes out of stealth with $1M+ to scale its banking-as-a-service platform

TechCrunch

These platforms have become popular with neobanks or upstarts in different segments trying to embed financial services into their offerings because large, incumbent banks have been relatively slow to bring their services up to speed with the pace of change in the world of tech and banking.

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Greece’s Viva Wallet raises $80M for its neobank targeting small business merchants

TechCrunch

Challenger banks continue to make significant waves in the world of finance, with smaller outfits luring customers away from incumbents by providing an easier way for them to not only engage with basic banking services, but to tap into a wave of technology that brings more personalization and often better deals into the equation.

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TechCrunch+ roundup: Psychedelic biotech, Gogoro’s SPAC, H-1Bs for Ukrainians

TechCrunch

Today, psychedelic therapeutics are being used to treat a variety of mental health issues. Dear Sophie: Supporting Ukrainians with H-1Bs and beyond. How can we support them? Dear Sophie: Supporting Ukrainians with H-1Bs and beyond. 6 questions investors should ask when evaluating psychedelic biotech companies.

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Q3 outlook forecasts cloudy days ahead for fintech M&A

TechCrunch

QED Investors said it has expanded its mental health initiative aimed at tackling addiction among entrepreneurs to its Spanish-language portfolio companies. Last year, TechCrunch published an op-ed from Nigel Morris around mental health stigma in the tech community when the initial program was announced. Seen on TechCrunch.