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Q&A: How Verizon Small Business Digital Ready Can Help You

StartupNation

To stay competitive in the new economic environment, small businesses must be agile and adapt to shifting consumer preferences. To stay competitive in the new economic environment, small businesses must be agile and adapt to shifting consumer preferences.

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Fintech in 2022: A story of falling funding, fewer unicorns and insurtech M&A

TechCrunch

But overall, while total fintech funding globally was down markedly last year compared to 2021, numbers were still higher than 2020. billion in 2022, down 46% compared with 2021, but up 52% compared to 2020. However, on the positive side, 2022 numbers were higher than 2020. Specifically, global fintech funding amounted to $75.2

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Gorgias’ valuation rises to $710M with $30M Series C for e-commerce customer support

TechCrunch

In late 2020, the company had raised $25 million in Series B funding on a $305 million valuation. The environment we’re working in has changed quite a bit,” he added. Even with all of that growth, the company is monitoring its cash burn rate in this new economic environment.

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Mozart Data announces free tier to encourage smaller businesses to get on platform

TechCrunch

Mozart Data came out of the Summer 2020 Y Combinator cohort with an idea to provide a data stack in a box for companies. Since then, it has raised $19 million and attracted 100 customers, but the founders recognize that to attract new users to the platform, especially in today’s economic environment, might take some creativity.

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Spend management platform Teampay expands partnership with Mastercard, raises $47M

TechCrunch

“In today’s economic environment, Teampay’s software-led approach has proven resilient — as we saw in late 2020 to 2021, when the economy rebounds, Teampay benefits disproportionately through accelerated growth … We increased our debt facility for additional flexibility in uncertain times.”

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Soci raises $120M in debt and equity to grow its marketing management platform

TechCrunch

According to a survey by marketing startup Uberall, there was a more than 11% increase in customer engagement with local businesses in 2020 versus 2019 and more than 35% increase in conversions via websites and phone calls during the same time frame.

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Truework, which helps lenders verify borrowers’ income and employment, raises $50M

TechCrunch

On the flip-side, mortgage demand recently hit a 20-year low after the highs of 2020 , but Truework co-founder and CEO Ryan Sandler reckons that the need for automated verifications is only going in an upward direction. And the current economic environment, it seems, is playing more than a bit-part in this trend.