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

American Entrepreneurship

Founded in 2020 by Poddar and Vineet Goel, the startup has provided nearly $1 billion in annual funding for tens of thousands of small businesses in the U.S. The recent closing of a $100 million Series C financing at a $750 million valuation positions the company for accelerated growth. and Canada.

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The Complete Guide to SaaS Pricing Strategy

Tomasz Tunguz

Enables natural expansion : MongoDB and Ethereum, two database companies with nearly identical revenue trajectories through 2020, both employ usage-based models that have supported their explosive growth. Annual prepay generates cash flow to accelerate growth. What should my unit of pricing be? Moving to annual prepay too late.

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Virtual social network IMVU raises $35M from China’s NetEase and others

TechCrunch

The line between social networking and gaming is increasingly blurring , and internet incumbents are taking notice. In 2020, IMVU saw record growth, with over 7 million monthly active users and 400,000 products created every month by IMVU users.

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

American Entrepreneurship

Founded in 2020 by Poddar and Vineet Goel, the startup has provided nearly $1 billion in annual funding for tens of thousands of small businesses in the U.S. The recent closing of a $100 million Series C financing at a $750 million valuation positions the company for accelerated growth. and Canada.

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Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years

TechCrunch

Incumbent giants therefore could lose a sizable chunk of market share if a company could just manage to weave together China’s manufacturing proficiency and agility with the modern tech startup philosophy of “moving fast and breaking stuff.”. The company aims to reach $1.2 billion this year. per package wholesale as of this year.

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Sila banks $13M to offer single API for developing financial products, services

TechCrunch

Since the company launched its platform, business was building steadily, and took off in the second half of 2020. Places like India, Africa and Latin America could accelerate at the same time because they are mainly starting from zero. The company raised a $7.7 million seed round earlier in the year.

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Pinduoduo and The Rise of Social E-Commerce

Y Combinator

3 In 2020, it is China’s second largest e-commerce platform on an active user basis only lagging behind Alibaba. Pinduoduo is one of the first companies to successfully create a social shopping experience online, and has accelerated the transition of commerce from offline to online in China.