Remove financing Remove incumbents Remove investment Remove peer-to-peer
article thumbnail

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

TechCrunch

He said that peer-to-peer platforms still split payments “in a very rudimentary” way, while Ivella wanted to intercept transaction authorizations so that people are only charged what they set their ratio to be. million in funding from Anthemis, Financial Venture Studio and Soma Capital.

article thumbnail

Lydia grabs another $100 million for its European financial super app

TechCrunch

Dragoneer and Echo Street are investing in the startup for the first time, and many of Lydia’s existing investors are putting more money on the table, such as Tencent, Accel and Founders Future. What’s really impressive with this round is that it is primarily financed by existing investors,” Lydia co-founder and CEO Cyril Chiche told me.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Komunal secures $8.5m to strengthen Indonesia’s neo-rural bank ecosystem

AsiaTechDaily

Register Komunal has announced that it secured new investments amounting to $8.5 Lieviant said he is very optimistic that the collaboration between fintech and incumbent banks, including rural banks, will create a very strong synergy. Fintech help SMEs manage their finances and capital with convenience and efficiency.

article thumbnail

Tanzanian fintech NALA raises $10M seed to build Revolut for Africa

TechCrunch

to select African countries include unicorn Chipper Cash , Lemonade Finance, Zazuu and Sendwave. Their collective bet is that their market will grow over time and eat into traditional incumbents’ share. Their collective bet is that their market will grow over time and eat into traditional incumbents’ share. and the E.U.,

article thumbnail

8 investors weigh in on the state of insurtech in Q3 2022

TechCrunch

Notably, Metromile saw its valuation decline over 85% and was subsequently acquired by peer Lemonade , and it hasn’t been alone in losing a lot of value and being eyed by peers and incumbents. If you’re an investor who’d like to participate in future surveys, fill out this form.

article thumbnail

Gusto: The People Platform for SMBs

Y Combinator

In the long run, software platforms have the potential to be much larger than traditional incumbents. There are nearly six million small and medium businesses (SMBs) in the country, employing 43 million people. As a result, SMBs have been forced to cobble together off-the-shelf products, spreadsheets, and manual work to run their operations.

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. 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.