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Savana raises a fresh round of capital to digitize banks’ services

TechCrunch

A portion of the capital — $10 million — was debt, while the rest was a Series A equity tranche led by Georgian Capital Partners. CEO Michael Sanchez told TechCrunch that the proceeds will be put toward general growth and supporting Savana’s go-to-market and product development projects. million in capital.

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Cooky raises $4.5m led by Nextrans and Do Ventures

AsiaTechDaily

The company also wants to focus on maximizing customer satisfaction by improving personalized services based on their needs. In a statement, Cooky said the fresh funds came from Korea-based investment firm Nextrans and local venture capital firm Do Ventures. “We Register E-grocery shopping platform Cooky raised $4.5

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Children believe in unicorns. Investors believe in racehorses.

Entrepreneur's Handbook

Investors Believe In Racehorses When investing in startups, you need more than your gut feeling to place a good bet. Photo: Unsplash It seems that facts and data are sometimes left by the wayside when making important investment decisions. Investing in startups can be a risky business. Children Believe In Unicorns.

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Nigerian YC-backed startup Anchor comes out of stealth with $1M+ to scale its banking-as-a-service platform

TechCrunch

These platforms have become popular with neobanks or upstarts in different segments trying to embed financial services into their offerings because large, incumbent banks have been relatively slow to bring their services up to speed with the pace of change in the world of tech and banking. The situation is no different in Africa.

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Elloe’s Sakawa is Helping Customers Start a ‘Friendship’ with their Favorite Brands

Jason Malki

Reaching out to customer service is often the most direct and human interaction people have with their favorite brands, so the higher the quality of that interaction is, the better. Customer-centric services are becoming key for startups and large corporations. What’s next for Elloe? A company is only as good as its people.

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Fintech companies must balance the pursuit of profit against ethical data usage

TechCrunch

He has more than two decades of experience in fintech, capital growth, mergers & acquisitions and strategic IPO advisory. As the marketplace is poked by yet another technocrat tentacle, this time in the heart of financial services, traditional banks that consumers and businesses once relied on find themselves at a crossroads.

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How a SaaS Startup Grew Their Sales Team and Increased Revenue with Non-Equity VC Funding

Entrepreneur's Handbook

Udesh understood there was an opportunity for growth, the demand is there, but the financial resources to capitalize on it are not. Here the lack of available growth capital is just slowing down expansion, a great moment to start fundraising. And that, they realized, could be leveraged for more capital without diluting themselves.

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