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

Entrepreneurs' Organization

In the fast-paced world of startups, financial forecasting can often be overlooked or considered a back-burner issue. Why is financial forecasting important for startups? For startups, financial forecasting is not just a tool for appeasing investors; it’s the backbone of effective strategic planning. Embrace scenario planning.

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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. Last year, Teampay launched a Mastercard-branded corporate card, Catalyst, with spend management features, signaling the startup’s intentions to venture further into the heated corporate card space. It seems that his thesis was correct.

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

TechCrunch

Meanwhile, the second round of cuts, executed due to a profitability push, impacted 15% of its full-time employees across various departments, leaving about 800 employees at the startup. We couldn’t confirm how many part-time and temporary hires were let go in both layoffs. Alerzo raises $10.5M

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

TechCrunch

The company handles broker invoicing, collections, and payments and in addition provides access to debt financing. “This combination of automation, financial stability and accurate reporting enables freight brokers and their partners to navigate volatile shifts in the economy.

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The Equity Seller’s Bubble of 2021 Part 2 • 2022 From a Startup Equity Seller’s to an Equity Buyer’s Market

Angel Capital Association

This is Part 2 of a two-part examination of the state of the startup capital market during the past two years. From an investor’s perspective, 2022 witnessed a sudden market reversal from an extreme equity seller’s market to an equity buyer’s market, causing dislocations throughout angel, VC, and startup ecosystems.

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