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Elevate Your Startup’s Future with 4 Financial Forecasting Game-Changers

Entrepreneurs' Organization

For instance, if the forecast indicates a rapid growth trajectory, a startup can confidently invest in hiring or research and development, knowing that the resources will be available. For example, startups with well-prepared forecasts are better equipped to manage through challenging economic environments.

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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. Hoag notes that Teampay is low-code and doesn’t require custom development. “With education and innovation, we look forward to bringing best-in-class ‘consumerized’ tools to the finance department.”

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Q&A: How Verizon Small Business Digital Ready Can Help You

StartupNation

To stay competitive in the new economic environment, small businesses must be agile and adapt to shifting consumer preferences. To stay competitive in the new economic environment, small businesses must be agile and adapt to shifting consumer preferences.

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Truework, which helps lenders verify borrowers’ income and employment, raises $50M

TechCrunch

Founded in 2017, San Francisco-based Truework integrates with payroll providers including Gusto, Zenefits and BambooHR, and enables mortgage providers and lenders (e.g. automotive, personal loans, and student financing) to verify and approve borrowers quickly within their own applications using Truework’s APIs.

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Denim, a fintech platform for freight brokers, raises $126M in equity and debt

TechCrunch

Vo was in the credit risk department at Barclays and a full-stack developer at Fintria, a fintech company, while Krishnamoorthy was an associate at several law firms including Gibson, Dunn & Crutcher. The company handles broker invoicing, collections, and payments and in addition provides access to debt financing.

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Nigerian B2B e-commerce startup Alerzo cuts 15% of full-time staff in second round of layoffs

TechCrunch

According to Alerzo, the first round of layoffs were performance-related and involved the digitization of some roles (including the development of an internal ERP). This does not align now with the economic environment today, so we, unfortunately, had to make changes to our business to be more focused around pursuing strong unit economics.