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Fintech Startup Backflip Gains Series A Round for Platform Supporting Real Estate Entrepreneurs

American Entrepreneurship

$15 Million Series A supports the startup’s growth with a $10M Net Revenue Run Rate In 2021 real estate fintech startup Backflip launched an all-in-one platform for real estate entrepreneurs to support their acquisition and renovation of single-family homes.

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Brick closes $8.5M seed to enable open finance across Southeast Asia

TechCrunch

This amount includes Brick’s previously undisclosed seed funding, which TechCrunch reported in May 2021 , but the majority of it is fresh capital, said co-founder and CEO Gavin Tan. Inside Plaid’s plans to build a new, global finance network. Fintech outperformed the market in 2021, and it’s set to do even better.

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NJEDA Awards First $2M under Angel Match Program to Support Early-Stage Technology Companies

American Entrepreneurship

(April 24, 2024) – The New Jersey Economic Development Authority (NJEDA) has closed its first four approvals under the Angel Match Program , awarding a total of $2 million to support early-stage technology companies. This early commitment from the NJEDA catalyzes additional financing in these innovative startups.

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Female-led startups dominate Catalyst Fund’s inclusive fintech 2021 cohort

TechCrunch

With a focus on Kenya, Nigeria, South Africa, Mexico and India, selected startups receive £80,000 (~$100,000) in grant capital, six months of support and connections with follow-on investors. These startups offer embedded finance solutions; Maelis Carraro , Catalyst Fund MD, explains the thought process behind this selection in a statement.

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Southeast Asian open finance startup Brankas gets $20M Series B led by Insignia Ventures

TechCrunch

Other backers included Visa (Brankas was a member of its 2021 Accelerator Program), AFG Partners and Treasury International, the venture capital firm led by fintech veterans including Jeff Cruttenden, co-founder of Acorns and Eli Broverman, co-founder of Betterment, also invested.

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Ledge aims to build automation tools for finance teams

TechCrunch

The rapid adoption of digital payments has become a great challenge for finance teams. He worked a Melio, a business-to-business (B2B) payments platform for small companies, where he saw finance teams become the victims of their own success. According to one report , teams spend as much as 40% of their time processing transactions.

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5 emerging use cases for productivity infrastructure in 2021

TechCrunch

Previously, he worked in finance and founded an IoT coffee company. This growth was boosted by an increasing number of companies prioritizing tools that support communication, collaboration, transparency and a seamless end-to-end workflow. Gleb studied Physics at Georgia Tech and enjoys chess, motorcycles and space.