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Citi backs Crowdz, a Pipe competitor that just raised $10M for its blockchain-powered invoice financing marketplace

TechCrunch

That player, Crowdz , recently secured $10 million in financing co-led by Citi and Dutch growth equity firm Global Cleantech Capital, with participation from Bold Capital Partners, TFX Ventures and Augment Ventures. It follows Crowdz’ recent partnership with Meta to power the social media giant’s SME financing program. .

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Mexico’s Mendel secures $35M to tackle LatAm’s corporate spend management problem

TechCrunch

ALLVP and Infinity Ventures, a firm founded by a trio of ex-PayPal execs, co-led the equity raise. Better Tomorrow Ventures, Lee Fixel’s Addition, Broadhaven and Magma Partners are also backers of the company. based corporate spend startup that in June closed a $60 million Series B led by Menlo Ventures and whose CEO is an investor.

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CommerceIQ gets its horn as capital continues to flow into e-commerce infrastructure startups

TechCrunch

When much of the shopping shifted online during the global pandemic, startups developing software and other products to aid the transition began to garner attention from venture capital firms. reported this month that $51 billion of venture capital was invested into U.S. Customers can expect 18% growth in sales on average, he added.

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Fintech Roundup: Better.com workers leaving in ‘droves’ in wake of CEO Vishal Garg’s return

TechCrunch

Besides the fact that over 20% of all venture dollars last year went into fintech startups , I am particularly excited about the many ways that this technology is helping boost inclusion all over the world. Now he’s putting his money where his mouth is and launching his own venture fund, called simply The Fintech Fund.

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Vareto raises $24M from GV, Menlo and all-star angels to reinvent financial planning for enterprises

TechCrunch

GV (formerly Google Ventures) led its $20 million Series A this year, and Menlo Ventures led its $4.2 While at the social media giant, Orekhova says she built Facebook’s “first-ever” data science team within FP&A. Naomi Pilosof Ionita, partner at Menlo Ventures, led Vareto’s seed round last year.

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Bringing AI to the Masses

Andreessen Horowitz

I think it was just this incredibly powerful technology, and given that AI wasn’t quite there yet, [social media] was the main thing that there was to do, to apply all the technology to. You know, incumbents versus startups. But it’s a real problem for the incumbent, because they can’t compromise their brand.

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Go-to-Market Tactics for Category-Defining Startups

Entrepreneur's Handbook

Here are 6 tactical guidelines drawn from my work with 15+ global tech upstarts in D2C, B2B marketplaces, SaaS for SMBs, logistics, cybersecurity, and digital health over the last decade: 1. Winning big often means starting small. Test different channels, with the ultimate goal of finding one on which to focus?—?a

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