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Parafin Transforming Delivery of Small Business Financial Services Closes $100M Series C

American Entrepreneurship

Fintech startup Parafin innovatively tackles this challenge through its embedded finance infrastructure used by partners such as DoorDash, Amazon, and others. Incumbent methods systematically bias against women- and minority-owned businesses. Embedded finance infrastructure makes financing decisions based on real-time data.

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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

Trying outrageous new things or even trying mundane things but in new ways but with extreme quality & innovation is what fuels the tech startup industry. dominated by a few very large incumbents who control much of the distribution or are you going into a market that is “fragmented” where nobody controls the industry.

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Predictions for Living, Working, & Traveling Post-Covid in America’s Startup Cities

Revolution

Despite waiting for a “return to normal,” it’s clear that over the last year society has been constructing a “new normal.” Venture investors pay close attention to the innovation that emerges when startups unbundle the offerings of industry incumbents. The same thing is happening with startup talent recruitment and retention.

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Parafin Transforming Delivery of Small Business Financial Services Closes $100M Series C

American Entrepreneurship

Fintech startup Parafin innovatively tackles this challenge through its embedded finance infrastructure used by partners such as DoorDash, Amazon, and others. Incumbent methods systematically bias against women- and minority-owned businesses. Embedded finance infrastructure makes financing decisions based on real-time data.

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The Future of Hospitality is Here

Revolution

While certain categories such as coworking, alternative accommodations, “ibuying”, brokerage, and construction (among others) have adorned the front pages of leading media outlets, we are still very much in the early innings of innovation in the space.

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TrustLayer raises $6M seed to become the ‘Carta for insurance’

TechCrunch

Recent traction includes companies working in the construction, property management, sports and hospitality industries. Mort appreciates that TrustLayer is tackling the problem not by becoming the insurance broker, but by working with the incumbents as a software solution. The need for insurance is only increasing.”.

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Affirm and Klarna ramp up competing efforts to attract US consumers

TechCrunch

But it is illustrative of the measures that financial services companies — incumbents and fintechs alike — are taking to make their installment loans available to more consumers. In other words, it wants to help fintechs be in a stronger position to compete with incumbents, something it believes will benefit consumers.