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Daily Crunch: Toptal sues rival Andela for allegedly making a perfect clone of its freelancer marketplace – TechCrunch

VCs Predict New Areas of Consumer Fintech Disruption After Challenger Banks

Luko This story is available exclusively to Insider subscribers. Become an Insider and start reading now. We asked 5 top VC investors to pick out the hottest new areas in consumer fintech. Disrupting established finance institutions remains a core focus. They highlighted growth areas like influencer banking and financial services for freelancers. Europe s challenger banks have made their move. Startups like Monzo, OakNorth, Klarna, and N26 have all landed sizeable blows on the traditional banking sector and begun to change how consumers manage their finances. The flow of capital into these buzzy companies, which attract younger users with brightly-colored cards and fee-free trading, demonstrate just that. Global fintech investment topped $44 billion across 3,052 deals, up 14% on 2019, per a report by Innovate Finance.

Accel: VC Fund Launches Early Stage Scout Programme With Top Operators

Accel VC fund Accel has launched the European iteration of its Starters programme. Monzo and Snyk backer Accel is providing funding to 21 top founders and operators in Europe to uncover new entrepreneurs. Accel partner Luca Bocchio says Europe s startup scene is at a special tipping point . VC fund Accel has launched a programme of startup scouts in Europe, called Starters, to find and nurture new entrepreneurs. The programme brings together founders and operators from companies such as Google, Monzo, OnTruck, TIER, and Deliveroo to support the next generation of entrepreneurs in Europe. Each Starter is allocated $200,000 and has the ability to invest and be the first money into the ideas of entrepreneurs who are just getting started. The initiative follows a similar scheme that the fund has run in the US since 2017. Currently there are 21 Starters on the programme, including e-scooter startup Tier s CPO Georgina Smallwood, Spanish freight pla

Enterprise no-code platform BRYTER raises $66 million Series B to accelerate US expansion, led by Tiger Global

Enterprise no-code platform BRYTER raises $66 million Series B to accelerate US expansion, led by Tiger Global Round led by US-based investment firm Tiger Global Management ( Tiger Global ) Raise follows Series A after just 8 months, bringing the total capital raised to date to $90 million. Global customer base of over 100 firms in Europe and the US after less than three years including KPMG, ING, and Telefónica Leading enterprise software executives joined the round, including Amit Agharwal, CPO of DataDog, Lars Björk, former CEO of Qlik, Ulf Zetterberg, founder and CEO of Seal software and former ServiceNow global SVP James Fitzgerald.

Investegate |BRYTER Announcements | BRYTER: Enterprise no-code platform BRYTER raises $66 million Series B to accelerate US expansion, led by Tiger Global

Investegate |BRYTER Announcements | BRYTER: Enterprise no-code platform BRYTER raises $66 million Series B to accelerate US expansion, led by Tiger Global
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