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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. 2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer. This did not happen by magic. expectations.

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Accel backs Mexican startup Flink’s effort to bring consumer investing to Latin America

TechCrunch

Mexico’s ALLVP, Clocktower, Kevin Efrusy and Oskar Hjertonsson and existing backer Raptor Financial Group participated in the financing as well. And, the app was recently ranked in the top 10 of all apps downloaded in Mexico via Google Play, surpassing Spotify and Facebook app downloads, according to Amozurrutia.

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

TechCrunch

Column Tax’s software differs from that of incumbents like TurboTax and H&R Block in that it is mobile-only and will be embedded into a customer’s existing bank account, allowing for year-round integration that the company says will cut down users’ time spent on tax prep.

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Indonesia’s Astro raises $60M to work on 15-minute grocery delivery

TechCrunch

Jarkata-based Astro, which provides 15-minute grocery delivery, has recently closed a $60 million Series B financing round, lifting its total funding to $90 million since the business launched just nine months ago. Revenues grew more than 10x over the past few months and downloads hit 1 million, the company said.

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Taxfix, the Berlin-based mobile tax filing app, raises $220M at a $1B+ valuation

TechCrunch

That’s a sign of how there is not just incumbent marketshare to take away, but new users popping up all the time. “It’s complicated and people are afraid of the outcome,” she said. Turbotax, Intuit’s big product in the U.S.

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Former Myntra chief’s fashion startup Virgio valued at $161 million in new funding

TechCrunch

Fashion startup Virgio, co-founded by Amar Nagaram, former chief executive of Myntra, has raised $37 million in a new financing round as the young firm looks to build “a global fashion brand” from the South Asian market. Its eponymous app has already amassed over 100,000 downloads, it said. (On

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Welcome Tech, which wants to build a ‘Super App’ for immigrants, raises $30M

TechCrunch

We blew through about 1 million app downloads of our digital wallet a few weeks ago,” Hemmat told TechCrunch. “We I think that’s a big moat around any of the incumbents,” he said. “In