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

TechCrunch

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. Deloitte reported last week that fintech investment decreased to $52.9 Many of Savana’s competitors have experts in finance among their ranks, too.

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

TechCrunch

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. It’s important to bear in mind that the venture into payments and financial services is multipronged for Big Tech players.

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Salesforce Grant Winner Offers 3 Tips for Developing Small Business Resilience

Smart Hustle Magazine

Finally, Sarah realized that parents are looking for personalized service: “We discovered very quickly that the branding of a lot of tutoring companies is, 'We’re going to get you into Harvard!' In building out the team, Sarah and Robbie stress the importance of finding the right people and investing in them. And guess what?

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

Entrepreneur's Handbook

More and more companies wanted to improve their online customer experience, and news of Mopinion’s personalized service and affordable prices attracted qualified leads by the dozens. Although they wanted to invest more into sales and marketing, they didn’t have the capital to expand the team to meet their needs. RBF Isn’t Bad.

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Money Management During COVID-19

Smart Hustle Magazine

Ramon spoke with two money experts — Carol Roth and Tricia Taitt — about how to handle finances and money during COVID-19. And then there are many service-oriented businesses, especially personal services, that are really struggling. You want to be investing when everybody else is scared. Most businesses didn't.

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