No-code fintech services startup Taktile closes $20 million Series A round • TechCrunch

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So you may have received the first edition of the Daily Crunch yesterday, where we mentioned a certain conference, placing it in the wrong country. Oops, we updated the headline. Sorry Finland, we love you, sincerely.

That was yesterday. Today, there’s a wall of new and exciting things to look at…including, among other things, an opportunity neesha has for you if you’re running a space startup: Apply to take the stage at TC Sessions: Space 2022!

Alright, with that, let’s get started with the TC Top 3. — christina Y The wine

TechCrunch Top 3

  • I have the golden ticket of IT: Filing a ticket with IT to make a slight adjustment to some lending criteria could make a bank’s credit manager wait longer than necessary. Enter Taktile, which is making this more of a self-service feature with no code. With $20 million in new funding, it helps fintech companies test and deploy those tweaks without a developer. Kyle reports.
  • Here there are no cloudy days: Amazon is pouring more money into India, this time $4.4 billion for its cloud unit over the next eight years as it launches a second cloud region in Hyderabad, manish reports.
  • This is a popup you don’t want to “X” out: When creating an online store in some markets, the basic tools are offered to merchants. However, as their business expands, merchants have to rely on more and more tools. Popup raised $3.5 million in funding to solve this problem with a no-code way to design online storefronts using just one tool, christina write

Startups and VCs

Aura, a startup founded by early Twitter employees that makes digital frames and photo-sharing apps that can also be used to update those frames, has secured some funding to expand its business as it nears 3 million users of its app and 1 million frames sold, ingrid reports. The company has raised $26 million in a mix of debt and equity, money the company is using to boost manufacturing this quarter and invest in plans for 2023.

All eyes are currently on the collapse of FTX in the crypto industry. That’s why today’s news from Bitpanda is an important signal for the Austrian unicorn company, which has received a crypto license from Germany’s financial regulator, the Federal Financial Supervisory Authority (BaFin), reports Roman.

Here are a handful of additional VC and startup stories for you:

Cold outreach with a warm touch: here’s the quick pitch we emailed to investors

frozen mailbox in the snow

Image Credits: R.Tsubin (Opens in a new window) / Fake Images

Pitching a startup to investors without a personal recommendation isn’t a terrible idea, as long as you’ve done your research first.

Tetra Insights co-founders Michael Bamberger and Panos Rigopoulos raised a $5 million Series A last year, and the duo said cold outreach was a key part of their strategy.

“When I changed my criteria to find people who were a fit, the process was really quick,” says Bamberger, who initially raised $500,000 in a friends and family round in 2019 followed by a $1.5 million seed round a year later.

Three more from the TC+ team:

TechCrunch+ is our membership program that helps start-up founders and teams get ahead of the rest. You can sign up here. Use code “DC” to get 15% off an annual subscription!

big tech inc

Elon Musk’s takeover of Twitter has led to similar social media companies rising to prominence. Ivan writes that the Indian social network Koo is one such platform that is gaining popularity in Brazil, but that is turning into a number of challenges, including how to manage moderation.

Meanwhile, with Christmas shopping here again, rita reports that Temu, the sister shopping app to Pinduoduo, has gained some notoriety after topping the US app store.

And we have five more for you:

  • Look who became fast friends: Security hacker George Hotz and once-friend-foe Elon Musk appear to have buried the hatchet, and Hotz signed on to help on Twitter, Conny reports. In the meantime, amanda tells us that Twitter’s Blue Verified relaunch is back on hold. Oh, and if Twitter archiving is taking too long, Kyle has a list of free tools that make archiving a breeze.
  • Locked out of Mars: Hackers found a way to block the Mars Stealer malware from their own servers, Zack write
  • Tumblr to the rescue: People are flocking to Twitter-like alternatives, but many of these new platforms can’t handle the sudden interest. Here to help is Tumblr, which is adding support for ActivityPub, the social protocol that powers Mastodon and other apps. Sarah write
  • A world currency puzzle: drink writes about FTX’s influence in Africa, where billions in cryptocurrency were being processed on a monthly basis before the company collapsed.
  • Straight out of “Big Hero 6”: If you’ve never seen “Big Hero 6”, one of the plots is about this ambitious tween who creates robots that can build things, and now Brian reports that researchers are building robots that can build themselves.

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