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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.

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

TechCrunch

“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. At first, Lydia was a peer-to-peer payment app. By adding more products on top of peer-to-peer payments, Lydia wants to drive engagement. Times are changing.

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

AsiaTechDaily

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. Register Komunal has announced that it secured new investments amounting to $8.5

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Ola Electric in talks to raise at over $2.75 billion valuation

TechCrunch

Ola Electric is in advanced talks to raise between $250 million to $500 million in a new financing round as the Indian firm looks to scale its electric vehicle manufacturing business in the South Asian market, according to two sources familiar with the matter. billion to $3.5 Indian media first wrote about the IPO talks.

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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.,

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Vesta closes on $30M in an a16z-led Series A to build a new kind of mortgage infrastructure

TechCrunch

And today, Yu and Yang’s new company, San Francisco-based Vesta , is announcing it has raised $30 million in Series A financing led by Andreessen Horowitz (a16z) with participation from new investor Zigg Capital. If you’ve ever taken out a mortgage, you know how painful and tedious the process can be. trillion in loan originations in 2022.

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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.