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Enable bags $45M for B2B rebate management platform

TechCrunch

Enable , a startup developing a cloud-based software tool for business-to-business rebate management, announced Wednesday a $45 million Series B funding round. and moved to San Francisco in 2020, was co-founded by Andrew Butt and Denys Shortt in 2015 but launched fully in 2016. The company, which started in the U.K.

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Open finance startup Ayoconnect’s APIs enable financial inclusion in Southeast Asia

TechCrunch

It is also licensed by Indonesia’s central bank, enabling it to offer more services. Founded in 2016, with a team of about 250 people, Ayoconnect is currently working toward more financial inclusion for Indonesian consumers and SMEs. Klarna, Affirm show how expensive fintech growth can be.

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Zego, the tech-enabled commercial motor insurer, raises $150M at $1.1B valuation

TechCrunch

Zego , the insurtech that got its start by offering flexible motorbike insurance for gig economy workers but has since expanded with a range of tech-enabled commercial motor insurance products, has raised $150 million. Zego has now raised more than $200 million since launching in 2016.

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Why India Leads in Digital Payments

Andreessen Horowitz

The groundwork was Aadhaar (“foundation” in Hindi), a nationwide database established by the government in 2009 to enable digital identity verification. This helped with fraud and enabled smooth KYC compliance. India today: Regulation enables innovation At present, the revolution is in full swing. in a single database.

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Trends in Early Stage SaaS Fundraising Market of 2016

Tomasz Tunguz

The exuberant acquisition environment should enable some early-stage companies to menace their incumbents and take share, as those behemoths are distracted by M&A. Many of the most of apparent and immediate opportunities in the software market have been filled by now SaaS incumbents. And investors are excited to support them.

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Ben Franklin Grew Pa.’s Economy by $4.1 Billion, Created 11,407 Jobs from 2012 to 2016: Challenges remain because of state funding shortfalls

Ben Franklin Technology Partners

But state funding shortfalls are starting to curtail the partners’ ability to fund companies appropriately, creating missed opportunities. billion between 2012 and 2016. It’s imperative to secure new opportunities that continue to nourish and grow our regional economies. in additional state taxes, the analysis found.

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Apple acquired a startup using AI to compress videos

TechCrunch

Apple saw this potential and took the opportunity to add it to their technology portfolio.” ” WaveOne was founded in 2016 by Lubomir Bourdev and Oren Rippel, who set out to take the decades-old paradigm of video codecs and make them AI-powered. So what might Apple want with an AI-powered video codec?

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