StartupNation

JANUARY 7, 2022

Have you dreamed of starting a creative business? It‘s possible to build a business and a life you love out of your creativity that is both fulfilling and profitable. . Believe it or not, social media is not necessarily the best way to grow an audience or to make sales with art. A separate bank account.

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TechCrunch

JANUARY 19, 2023

That’s because they’re on the hook for interchange fees, or transaction fees a merchant’s bank must pay whenever a customer uses a card to make a purchase. to enable customers to make online payments using their bank accounts. Customers sign up with their bank account information and pay within the flow. .

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Startup Blogpost

MARCH 11, 2024

13 Best Practices for Financial Reporting in Startups Navigating the complexities of financial reporting in startups requires wisdom from those at the helm. Remember, financial reports are more than just numbers; they’re a window into your business’s soul.

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TechCrunch

FEBRUARY 1, 2023

Treasury Prime co-founder and CEO Chris Dean believes that the best outcomes for consumers will result from traditional banks and fintechs working together. The banking-as-a-service startup has worked to build relationships with both banks and fintechs. As we had more fintechs, it became easier to add more banks.”

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TechCrunch

MARCH 10, 2023

Engineers at Polymath Robotics were working late Wednesday night on multiple projects when co-founder and CEO Stefan Seltz-Axmacher noticed chatter about Silicon Valley Bank in a YC founder WhatsApp group. His attempt to move the last of the remaining funds early Friday morning — above the $250,000 that FDIC banks insure — is still pending.

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TechCrunch

JANUARY 15, 2023

American Express announced that it has entered into an agreement to acquire Nipendo , a company that aims to automate and streamline business-to-business (B2B) payments processes for global businesses that has raised a known $12 million in funding. In particular, I’m interested in whether banks can be opportunistic.

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Smart Hustle Magazine

OCTOBER 15, 2021

By Sandeep Todi, Co-founder and Chief Business Officer at Truly Financial. Small businesses are only too familiar with the joylessness of dealing with traditional banks. According to a survey by BlueVine, less than 10% of small businesses feel that current banks meet their needs. Do you know why?

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StartupNation

FEBRUARY 3, 2022

We’ve all seen the statistics on how many businesses fail within the first few years of operation, and the current pandemic may accelerate that struggle for some startups. These businesses are making mistakes that not only hurt them during the current crisis, but may increase the chances that they will struggle in the years ahead.

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TechCrunch

JANUARY 10, 2022

Demand increased as more businesses went online during the COVID-19 pandemic and the startup says its user base tripled to 1.5 KoinWorks focuses on SMEs that are underserved by traditional financial institutions and may not have a bank account or credit cards.

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Founder Bounty

NOVEMBER 26, 2022

We reviewed small business banks and took into consideration factors like cash deposits, mobile check deposits, free ATMs, account types, fees, and more so you can decide which bank is the best choice for your business's unique needs.

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TechCrunch

NOVEMBER 16, 2021

The pandemic has resulted in a shift in consumer behavior that now favors contactless and digital banking options, and with one in four U.S. And the best way for retailers to attract, gain and retain customers — and do so in a meaningful way that adapts to the current environment — is to start focused, scale quickly and keep secure.

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TechCrunch

JUNE 27, 2021

Voyager Innovations , the Manila-based owner of PayMaya , one of the Philippines’ most popular payment and financial services apps, announced today it has raised $167 million in new funding to launch more financial services, including a digital bank. The fintech endgame: New supercompanies combine the best of software and financials.

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TechCrunch

MARCH 5, 2023

million) missing from its accounts, according to local tech publication Techpoint Africa. According to the documents seen by the publication and reviewed by TechCrunch, unknown actors transferred the funds across 28 accounts in 63 transactions in early February. billion (~$4.2 The cause and method of the attack remain unclear.

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Smart Hustle Magazine

MAY 13, 2022

Some people believe that launching a business is stressful. Most businesses collapse due to financial factors such as the entrepreneur running out of cash , being incapable of paying workers, or not supplying enough goods to stay afloat. Before you establish a business, you should take a few financial actions. Raise Funds.

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TechCrunch

MARCH 14, 2023

To put it mildly, the meteoric collapse of Silicon Valley Bank has been a historic time of confusion for everyone the startup ecosystem touches. A portion of them were banking with SVB, either exclusively or partially. There will be a shift away from what I call middle banking. We had so many concerns.

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TechCrunch

MARCH 22, 2021

For remittance platforms like Western Union, it will cost a transfer fee and take between one to five business days for money sent from a U.S. debit card to enter a Nigerian bank account. . Like other crypto remittance platforms, Afriex has built its business on stablecoins — cryptocurrency backed by the dollar.

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American Entrepreneurship

OCTOBER 24, 2023

A small business needs capital to grow. But a small business owner does not always have the necessary funds to be placed timely into their business. A bank is the most well-known source of business loans, but startups and early-stage companies are very often not credit worthy to gain loan approval.

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TechCrunch

MAY 14, 2023

TechCrunch spoke with Brex co-CEO and co-founder Henrique Dubugras, who confirmed that the company did in fact put its name in the hat for SVB but only for the early-stage and growth portfolios within its business. The idea actually came from a customer, he said, who thought Brex “could handle those customers better than big banks.”

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Andreessen Horowitz

DECEMBER 12, 2023

And on the investing side, we had to create a website that allowed people to open an account, fund it, and then basically select a number of properties to invest in and basically build a portfolio of that. And so these teams were building things in their writing code that facilitated real money movements in the real banking system.

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TechCrunch

NOVEMBER 19, 2020

Juni , a Swedish pre-launch startup that’s building a banking app and platform for e-commerce and online marketing entrepreneurs, has raised just over €2.1 Features offered include a debit card with cashback on advertising spend, along with cash flow management, invoice and bank statement matching, and liquidity management.

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TechCrunch

NOVEMBER 15, 2021

business, has raised $3 million in seed funding. During that pivot process, the team realized that it didn’t want to go through the “complex and time-consuming” process of setting up the full-stack of software and accounts needed to get a business off the ground. . address and bank account, access to U.S.

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TechCrunch

JANUARY 7, 2022

Launching a business is hard enough, but scaling it to a successful and lucrative exit is even more difficult. Securing early-stage venture financing is usually the best way to accelerate and sustain growth, but with various funding options available, how do you figure out the best course of action?

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TechCrunch

JUNE 29, 2021

Orum , which aims to speed up the amount of time it takes to transfer money between banks, announced today it has raised $56 million in a Series B round of funding. Prior to that, the firm also provided Orum with an “inspiration check” that was the first money into the business. It needs to be instant.”.

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TechCrunch

OCTOBER 12, 2022

Some seven years after selling his previous company to Google, Jacob Bank is preparing to launch his next project, this time with a focus on automating mundane, repetitive tasks. It’s basically aimed at reducing time-consuming admin from various business functions, from COO to product management and customer success.

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AsiaTechDaily

MARCH 20, 2023

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? To date many of DBS Private Bank’s clients have expressed their interest in being a force for good in society and a willingness to engage in venture philanthropy. The round was anchored by DBS, which committed $10 million.

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TechCrunch

JANUARY 25, 2022

The brothers had dreams of finding their own financial freedom through investing in real estate, but didn’t have enough individual capital to go into business alone. “On It also offers tools including a business ledger for groups to track their investment performance. . Tribevest wants to be that platform.

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TechCrunch

AUGUST 29, 2022

In 2015, the emergence of fintechs such as Flutterwave and Paystack changed the game for online businesses in Africa by making it easier to integrate payments into customer interfaces without building those features from the ground up or merging with tacky foreign software. Treasury Prime raises $20M to scale its banking-as-a-service biz.

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TechCrunch

MARCH 2, 2022

Over the span of eight months, Zeller signed up over 10,000 Australian businesses, which is one of the reasons Headline decided to invest in it, principal King Goh told TechCrunch. The growth of the business is some of the most impressive we’ve seen in any industry. First, they open an account on Zeller’s website.

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Andreessen Horowitz

OCTOBER 4, 2023

We’ll do this by outlining lender outreach preparations, the process timeline for corporate versus asset-backed debt, and the key considerations you should take into account for both. These diligence items are hopefully off the shelf (in a data room, usually coming off an equity raise) and lenders should sign an NDA to gain access to them.

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Andreessen Horowitz

MARCH 22, 2024

Effectively monetizing any new technology is a race to capture market share while still giving yourself room to grow your business. But the stakes are much higher with generative AI: though it promises to deliver unprecedented value to businesses, it can also be very expensive to serve to each incremental customer.

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TechCrunch

APRIL 27, 2023

The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. Indonesia emerged as the best choice. Shariah law calls for a different approach to financial services, and conventional banks are also launching products for Muslim customers. out of its 33.6

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AsiaTechDaily

OCTOBER 25, 2023

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet?

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business cluster construction accelerator leadership 77

TechCrunch

OCTOBER 13, 2021

For many startups and SMBs, successfully setting up account-based marketing strategies can feel like a pipe dream. At the same time, small and midsize businesses often lack the resources to invest in elaborate multitouch-point content marketing strategies. If you’re working with a long tail business model, this probably isn’t for you.

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TechCrunch

SEPTEMBER 12, 2022

Kippa , the Nigerian startup improving the lifecycle of small businesses across the country with its financial management and payments platform, has raised $8.4 Kippa said the investment will allow it to develop financial products that help SMEs grow their businesses and grow its team in Nigeria. The company announced its $3.2

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Entrepreneur's Handbook

APRIL 28, 2022

What’s interesting is that the West’s financial response was not built on a model accounting for the macroeconomic outcomes that might occur in worst case scenarios. essentially weighing the outcomes with a 5% or less likelihood of occurrence as too unlikely to be worth accounting for. I discussed this at length in “Energy Cancelled”.

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TechCrunch

MARCH 29, 2022

Africa as a whole has 24 startups in this new batch, a record besting S21’s 15. Abdigani Diriye, Khalid Keenan and Youcef Oudjidane, the other co-founders, have combined experience across engineering, investment banking and venture capital. This is the first time an African country is appearing in the top three. beU delivery.

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Smart Hustle Magazine

SEPTEMBER 21, 2021

By David Axler, VP, Books, Banking and Tax, Wave. It is true that business owners are facing countless challenges due to the current pandemic. But, still, many people are ditching their 9 to 5 jobs to start their own businesses, In fact, 4.35 By knowing your cash flow, you can assess the financial health of your business.

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