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Despite its many troubles, the insurtech market is ‘far from dead,’ investors say

TechCrunch

As the markets turned early this year, insurtech left most generalist investors’ playbooks almost as fast as Metromile and its peers’ plummeting valuations. The bulk of the buyers, however, would likely be companies involved in insurance themselves – either insurtechs acquiring some of their peers or legacy players.

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New capital positions luxury goods reseller Rebag for next round of innovation

TechCrunch

We profiled Rebag back in 2015, when its name included two “g’s,” (gotta love URL availability) and had raised $4 million in seed funding to go after incumbents like The RealReal. Charles Gorra, founder and CEO of Rebag, declined to talk about valuation, but did say it was “a steep evolution from the last time.”

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How to Get a CISO to Buy Your Product

Dream It

Build credibility with peers The security community is a tight-knight one. To keep an organization safe, a CISO depends on as many as 50 to 100 different products. This presents a huge opportunity for startups. However, this means that a CISO sees a LOT of pitches in their role. Keep in mind, this spending is planned and budgeted.

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

TechCrunch

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. “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. 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. Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Komunal has announced that it secured new investments amounting to $8.5

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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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Cultivating a Practice of Diversity, Equity, and Inclusion in Ecosystem Building Programs

Ecosystem Builder Hub

It is incumbent upon those of us working to build vibrant entrepreneurial ecosystems to put inclusion front and center, at the heart of everything we do. A prerequisite to incorporating specific techniques is a fundamental mindset and world view of why DEI is crucial to equitable economies. It’s not an afterthought. It is the whole thought.