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Mercury’s $300M Series C Doubles Valuation to $3.5 Billion Fueled by Powerful “One Banking Account” Model

American Entrepreneurship

The Power of One: Mercurys Integrated Banking Model At the core of Mercurys success is its distinctive one banking account modela philosophy that banking should not just hold money, but actively empower businesses through an all-in-one financial platform. Bank accounts are the nucleus of business finance, said Akhund.

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

American Entrepreneurship

Funding from traditional sources such as banks has historically been a major challenge for small businesses. Small businesses are the backbone of the American economy yet banks do not have their backs, says CEO and co-founder Sahill Poddar. Embedded finance infrastructure makes financing decisions based on real-time data. and Canada.

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Google’s Africa Investment Fund behind Moniepoint, Africa’s Fastest-Growing Fintech

American Entrepreneurship

Investors recognize the growth potential and impact of this rapidly rising fintech providing digital payments and banking solutions across Africa. Since its launch in 2019 over 10 million businesses and individuals have been served with access to seamless payments, banking, credit, and business management tools. Moniepoint Inc.,

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Scamnetic’s $13M Series A to Scale AI-Powered Scam Detection

American Entrepreneurship

The global cost of fraud scams and banking schemes topped $485.6 A Critical Market Need The urgency of Scamnetics mission is underscored by startling financial losses: U.S. consumers lost over $12.5 billion to fraud in 2024 alone, a 25% increase from the previous year. Text message scams accounted for $470 million in losses. billion in 2023.

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Delaware’s 5th annual Startup302 funding contest accepting applications January 2 to 26

American Entrepreneurship

This years Startup302 prize sponsors include the Delaware Division of Small Business , Discover Bank , DuPont, FMC , M&T Bank , Highmark Delaware , JPMorganChase , Delaware Biotechnology Institute , The Mill , Bronze Valley VentureLab and University of Delaware Horn Entrepreneurship.

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Eight accounting tips every Kiwi startup needs to know

NZ Entrepreneur

Have a separate business bank account Having a separate business bank account is more than a good practice; it’s building a solid foundation of your startup’s financial house. A separate business bank account draws a clear distinction between your personal and business finances.

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How to Communicate Impact Metrics to Investors

StartupNation

I remember spending hours crafting our narrative around key metrics – we focused on user growth, retention rates, and most importantly, how our service was changing the banking landscape. One of our most effective approaches was creating a simple dashboard that showed both our financial performance and social impact side by side.