Remove collaboration Remove enablement Remove financing Remove incumbents
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Komunal secures $8.5m to strengthen Indonesia’s neo-rural bank ecosystem

AsiaTechDaily

It was very fulfilling to see how digitalization has helped our rural bank partners to thrive during the pandemic recovery period and enabled our loyal users to access attractive deposit and loan products digitally. Fintech help SMEs manage their finances and capital with convenience and efficiency.

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

TechCrunch

Today, Teampay has hundreds of customers and significant venture capital financing behind it. “Enterprises crave control and visibility over the finances, and this not only helps the IT department, but [also] enables all departments to make better aligned business decisions,” he added. million in equity, $11.75

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Expeto, a startup selling tools to manage private cellular networks, raises $13M

TechCrunch

But that hasn’t stopped new ventures from cropping up to challenge the incumbents. Bringing Expeto’s total raised to over $25 million (inclusive of $5 million in debt financing), the proceeds will be put toward product R&D as well as customer and partner acquisition, according to CEO Michael Anderson.

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Morocco’s Freterium grabs $4M to scale its freight trucking software across MENA

TechCrunch

While incumbents have pioneered various enterprise resource planning (ERP) systems to digitize these processes, companies would still get four to five different software platforms to complete multiple tasks. And our main product is transport management software for shippers enables multi-enterprise collaboration.

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FintechOS nabs $60M for a low-code approach to modernizing legacy banking and insurance services

TechCrunch

“Challenger” startups in banking and insurance have upended their industries, and picked up significant business, by building more customer-friendly tools and services — more personalized, easier to access and usually competitively priced — than those typically provided by their bigger, incumbent rivals.

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DynamoFL aims to bring privacy-preserving AI to more industries

TechCrunch

The technique trains a system across multiple devices or servers holding data without ever exchanging it, enabling collaborators to build a common system without sharing data. One workaround that’s gained currency in recent years is federated learning. Image Credits: DynamoFL.

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Alation bags $123M at a $1.7B valuation for its data-cataloging software

TechCrunch

“With the capital, we will continue to focus on engagement and adoption, collaboration, governance, lineage, and on APIs and SDKs to enable us to be open and extensible,” Sangani said via email. Alation also makes recommendations based on how information is being used and orchestrated. .”