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Daily Crunch: No-code fintech services startup Taktile closes $20M Series A round

Summary

The article discusses Taktile, a no-code fintech services startup that has closed a $20 million Series A round. It also discusses how the company is helping fintech companies test and deploy tweaks without a developer. Additionally, the article discusses how Amazon is pouring more money into India with a new cloud region in Hyderabad. Finally, the article discusses how startups are using cold outreach to pitch to investors without a personal recommendation.

Q&As

What is Taktile?
Taktile is a no-code fintech services startup.

What does Taktile do?
Taktile helps fintech companies test and deploy tweaks without a developer.

How much money did Taktile raise in its Series A round?
Taktile raised $20 million in its Series A round.

Who are the co-founders of Tetra Insights?
The co-founders of Tetra Insights are Michael Bamberger and Panos Rigopoulos.

What is the fast pitch that Tetra Insights co-founders Michael Bamberger and Panos Rigopoulos emailed to investors?
The fast pitch that Tetra Insights co-founders Michael Bamberger and Panos Rigopoulos emailed to investors is "Cold outreach with a warm touch: Here's the fast pitch we emailed to investors."

AI Comments

👍 This is a great article that highlights some of the most important stories in the tech industry.

👎 This article is a waste of time and does not provide any useful information.

AI Discussion

Me: It's about a new startup called Taktile that has raised $20 million in funding.

Friend: What does Taktile do?

Me: Taktile is a no-code fintech service that helps companies test and deploy new credit products without the need for a developer.

Friend: That's interesting. I can see how that could be helpful for companies who want to test out new ideas without having to go through the hassle of coding everything themselves.

Me: Yeah, I can see how it would be helpful from a time standpoint, but I'm not sure how well it would work in practice. I'm also wondering if there are any security risks associated with using a no-code service like this.

Friend: That's a good point. I'm not sure if there are any inherent risks with using a no-code service, but I imagine that if there are any, they would be relatively minor.

Me: Yeah, I guess that's true. Overall, I think it's an interesting idea, and I'm curious to see how it develops.

Action items

Technical terms

No-code
A type of software development that does not require coding or programming.
Fintech
A type of financial technology that refers to the use of technology in the financial sector.
Series A round
A type of funding that is typically used to finance a startup's early-stage development.
Web3
A type of decentralized internet that uses blockchain technology.
BaFin
The Federal Financial Supervisory Authority, a German financial regulator.
COVID
Coronavirus disease, a respiratory illness caused by the coronavirus.
Theranos
A now-defunct startup that was once valued at $9 billion.

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