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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. It’s not disclosing valuation.

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

TechCrunch

There’s clearly a lot of venture money to be raised — and most tech entrepreneurs happily take it in exchange for equity. Understanding the real cost of venture debt and when it makes more sense than the traditional equity route relies on an understanding of what you and your company hope to achieve. Understanding your goals.

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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. Over time, Crowdz has financed $55 million in receivables by funding more than 20,000 invoices.

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

TechCrunch

million in funding from Anthemis, Financial Venture Studio and Soma Capital. ” Ivella isn’t just competing with the theory of joint accounts pushed by incumbent banks, but also venture-backed startups seeking a multiplayer fintech world. 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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Former Zillow execs raise $70M seed round for Tomo, which wants to simplify the mortgage process

TechCrunch

The latest startup to raise venture money with the goal of making the process “smarter and faster” is one that was founded by a pair of executives that spent years at real estate giant Zillow. Ribbit Capital led the financing, which also included participation from DST Global, NFX and Zigg Capital.

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

TechCrunch

Bain Capital Ventures led the seed round alongside South Park Commons, Core Innovation Capital, and Operator Partners. Wealthy Americans have access to CPAs and accountants and tax advice people watching over their finances year-round. Mobile income tax software Column Tax announced today that it raised $5.1