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Parafin Transforming Delivery of Small Business Financial Services Closes $100M Series C

American Entrepreneurship

Embedded finance infrastructure makes financing decisions based on real-time data. Fintech startup Parafin innovatively tackles this challenge through its embedded finance infrastructure used by partners such as DoorDash, Amazon, and others. and Canada.

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Island Raises $250M Series E Funding, Reaches $4.8 Billion Valuation

American Entrepreneurship

billion, achieved in under five years since its founding in 2020. A Platform for All Industries Islands product is already being used across a wide array of industries, including finance, government, higher education, manufacturing, hospitality, and retail. This latest raise propels the companys valuation to an impressive $4.8

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QuSecure Names Rebecca Krauthamer as CEO, Gains Series A Funding

American Entrepreneurship

The four-plus year-old company named industry veteran Rebecca Krauthamer as CEO and closed a Series A round to accelerate its cutting-edge, quantum-resistant cybersecurity solutions. QuSecure, Inc., a leader in the rapidly evolving post-quantum cryptography (PQC) field announced two major steps positioning it for the future.

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Ionic Mineral Technologies’ $29M Series B is a Strategic Inflection Point for America’s Battery Supply Chain

American Entrepreneurship

As the global race to electrify transportation, harden defense systems, and decarbonize industry accelerates, next-generation batteries sit at the heart of national competitiveness. Before founding Ionic MT in 2020, Zeitoun served as President & CEO of Applied Minerals Inc.,

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AWS launches new $30M accelerator program aimed at minority founders

TechCrunch

Amazon Web Services (AWS) today launched a new program, AWS Impact Accelerator , that will give up to $30 million to early-stage startups led by Black, Latino, LGBTQIA+ and women founders. But critics contend that AWS Impact Accelerator doesn’t go far enough in supporting historically marginalized entrepreneurs.

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Binance-backed Xend Finance launches DeFi platform for credit unions in Africa

TechCrunch

Nigerian startup Xend Finance uses decentralized finance (DeFi) to address currency devaluation. This gave birth to Xend Finance.” Not only is Xend Finance trying to protect credit unions from fluctuation, but it is also changing how they operate. Image Credits: Xend Finance. Image Credits: Xend Finance.

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GetVantage offers revenue-based financing to India’s founders

TechCrunch

That’s the gap that revenue-based financing platforms like GetVantage want to fill. This brings GetVantage’s total raised so far to $40 million, along with a seed round in 2020, the same year it was launched by Bhavik Vasa and Amit Srivastava. Vasa said companies typically repay financing in about six to nine months.