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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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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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The De-Carbonization Of The Economy

A VC: Musings of a VC in NYC

What this means is that homeowners can and should go to the bank and borrow the money to remove oil and gas powered boilers and replace them with energy efficient heat pumps and put solar on their roofs to power them. They should do this not just because it is good for the climate, but because it is good for the bank account.

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Revolution Ventures Invests in Palla, the Cross-Border Payments Platform Powering the Future of…

Revolution

Unlike traditional remittance services, Palla operates as a B2B2C platform, allowing banks and fintechs to retain customer relationships while offering a superior money transfer experience. Through integrations with Mastercard and Visa, Palla ensures funds are delivered securely, eliminating the need for costly, cash-based alternatives.

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Important Updates for Startups on the PPP and the CARES Act

Dream It

You’ll learn insight to guide your PPP application process from our discussion with Jim Marshall (Silicon Valley Bank, SVB), Kathryn Hickey (PilieroMazza), and Duncan Davidson (Bullpen Capital), which is viewable in its entirety below. Don’ts: Apply through multiple banks, it could disqualify your application.

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Indian banks attract VC and startup interest

TechCrunch

Several Indian startups, along with venture capital funds and private equity investors, are scrambling to build investment strategies as they race to tap into a rare available opportunity in the nation: banks.

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How to Make Sense of the PPP Loan Program for VC-Backed Startups

Both Sides of the Table

This money is administered by the SBA (small business administration) and is obtained through an approved bank who reviews your application. Why is there so much confusion about whether banks accept applications? Why is there so much confusion about whether banks accept applications? Banks have a difficult task.

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