StartupNation

SEPTEMBER 28, 2021

Because you need a FEIN to open a bank account in your company’s name, to file taxes and for many other purposes. Step 3: Open a bank account. Bank selection is very important and way undervalued. You want a bank that will care about you as a customer because at some point you will need a business loan.

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strategy entrepreneurs creativity energy 122

TechCrunch

AUGUST 25, 2023

Banking-as-a-service (BaaS), embedded finance and open banking are among the hottest topics in fintech today. Make opening a bank account, storing money, receiving a payment card and lending money as easy as opening a social network account. Buy your pass now and save $400 before prices go up at the door. The promise?

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disruption financing finance consulting 84

TechCrunch

AUGUST 11, 2023

It’s been a roller-coaster ride for the banking-as-a-service sector over the last year, with a host of mergers and acquisitions and layoffs. I believe [banking-as-a-service] is a potentially phenomenal growth space for banks to go after,” Accenture’s global banking lead, Michael Abbott, told TechCrunch+. million in June.

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venture capital ventures technology capital 93

Berkonomics

AUGUST 3, 2023

You will realize much more from the ultimate sale of your business even if at a considerably lower price than if splitting the proceeds with investors. Strategic investors validate a business, by their presence creating the very value they pay for with increased price per share purchased. There is a lot to say about retaining control.

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accelerator mix-use financing finance 118

TechCrunch

MARCH 9, 2023

Shares of Silicon Valley Bank are down sharply Thursday in the wake of the company’s announcement that it is raising additional capital by selling stock , taking a charge to roll over an asset portfolio to higher-yielding assets and extending its term-borrowing capacity. The executive asked VC clients to “stay calm. That’s my ask.

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Entrepreneurs' Organization

JANUARY 11, 2023

You might think simple stuff like raising prices and pushing sales will boost your cash flow. If you can commit to 25,000, I’ll give you the bulk price, and you can pay as you go.”. So, even if you don’t have cash for a big bulk order, try committing to buying a large amount from a vendor and see if they’ll give you the bulk price.

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consulting SaaS entrepreneurs technology 222

TechCrunch

APRIL 27, 2023

Southeast Asia is already home to a thriving fintech scene, where Grab , GoTo and Sea have built super apps that encompass financial services, and startups like Xendit , Akulaku and Dana (to name a few) have raised hundreds of millions of dollars for payments, banking services and other financial tools. Meanwhile in Malaysia, where 61.3%

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Entrepreneur's Handbook

APRIL 28, 2022

This bass-ackwards energy policy does and will continue to produce high and rising fuel prices. Whether it’s goods or energy, the price is rising on the things we need in this post-pandemic existence. This is especially important because of how successful Bitcoin has been from a price appreciation standpoint.

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energy mix-use financing finance 134

Entrepreneur's Handbook

JUNE 30, 2022

A hedge fund that was previously successful executing boring but stable yielding arbitrage strategies decided to strap on leverage to accelerate returns, and paid the price. The Hong Kong, Singapore, and Tokyo investment banking scene is very close-knit. Bank A would quote me 1,000 / 1,001; Bank B would quote me 1,002 / 1,003.

capital 144

capital media strategy health 144

TechCrunch

FEBRUARY 14, 2023

Banks aren’t letting fintechs have all the fun when it comes to using technology, providing an opening for startups to show them what they got. In the same vein as companies like Flourish Fi , Treasury Prime , Savana and Amount offering software for banks, ModernFi is providing a marketplace for banks to exchange deposits on demand.

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TechCrunch

APRIL 24, 2023

Banks are more and more careful with their own funding of development projects, which means they will also slow down payments on their own side,” Constrafor CEO Anwar Ghauche told TechCrunch. It also partnered with Stripe to offer a banking product and now has over 80 companies banking with them.

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construction capital economic environments financing 81

TechCrunch

MARCH 9, 2023

Some of Silicon Valley Bank’s customers are struggling to transfer funds out of their bank accounts, numerous sources tell TechCrunch. The bank also said that it was raising more capital, and investing into higher-yield products. The bank also said that it was raising more capital, and investing into higher-yield products.

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TechCrunch

OCTOBER 25, 2021

Digital lenders that share personal data of loan defaulters, with third parties, risk license withdrawal in Kenya after lawmakers added a clause – granting the banking regulator the mandate to revoke permits of operators who breach customer confidentiality – to the new law passed by the country’s National Assembly. .

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consulting collaboration innovation capital 74

TechCrunch

MARCH 11, 2023

As of late Thursday night and Friday morning, the fallout from the shutdown of Silicon Valley Bank in the US had reached the shores of the UK and Europe. Yesterday afternoon, the Bank of England sought a court order to place Silicon Valley Bank UK Limited — the UK arm of the US institution — into an insolvency procedure.

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Berkonomics

FEBRUARY 9, 2023

The rest of the purchase price was concocted from a brew of zero-coupon bonds (where the face value is many times the invested amount until the reduced cost bonds mature thirty years later), and borrowing using the target company’s accounts receivable and other assets as collateral for a loan to purchase the company. What power!

creativity 62

creativity financing finance investing 62

TechCrunch

MAY 26, 2021

The relationships between banks and fintechs are multi-faceted. Well, today, an announcement by global payments giant Visa is aimed at helping facilitate banks and fintechs’ ability to work together. So literally over $100 billion is going into fintech, which is more than the combined tech budgets of every bank in the U.S.

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TechCrunch

MARCH 11, 2023

Founders and venture capitalists aren’t the only ones experiencing volatility right now: Silicon Valley Bank employees are seeing their jobs in flux as their employer falls apart. Axios also published a story today , citing sources, stating that Silicon Valley Bank paid out annual bonuses to eligible U.S. their current salary.

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TechCrunch

MARCH 16, 2023

On Friday, the Federal Deposit Insurance Corporation announced that it had taken over Silicon Valley Bank , and as we rushed to plan coverage, one of my colleagues succinctly described the situation: “This is historic s**t.” Bank runs are often ironic in that they can become self-fulfilling prophecies.)

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peer-to-peer venture capital capital ventures 90

TechCrunch

MARCH 3, 2023

TechCrunch Disrupt takes place in San Francisco on September 19–21, but if you want the best price and want to save up to $1,000, you need to buy your pass before prices increase. Check out the stages and the tech they cover. The deadline is Friday, March 10 at 11:59 p.m. PT , but why wait? Buy your Disrupt pass today !

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disruption sustainability collaboration SaaS 90

TechCrunch

MARCH 29, 2023

The sticky bit is price. When Substack wanted to go out and raise its next round of venture capital, it had to go through a pricing process. That price didn’t clear, given that the fundraising effort was called off. That’s pretty cool, frankly, and will provide its active users with a stake in their own platform.

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capital venture capital media ventures 97

TechCrunch

MARCH 10, 2023

Hi, Crunchers, Today, there’s only one story on everyone’s lips: The sudden and dramatic collapse of Silicon Valley Bank (SVB), the 40-year-old Silicon Valley institution. With $209 billion of assets under management at the time of its failure, it’s the second-largest bank failure in U.S.

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TechCrunch

AUGUST 16, 2021

Over just the last year or so, we’ve seen: In February 2020, LendingClub announced plans to acquire Radius Bank in a cash-and-stock transaction valued at $185 million. million in a deal that was designed to accelerate its acquisition of a national bank charter. So what’s going on here?

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incumbents accelerator technology startup 106

TechCrunch

APRIL 27, 2022

In Japan, where the real estate market is fragmented, homeowners have faced uncertain selling prices riddled with brokerage fees and an average selling period of between four and eight months, Ito said. “The difference is that we purchase from the seller at a discount from the market price. and the U.K.,

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real estate transportation innovation financing 97

TechCrunch

OCTOBER 18, 2022

“Because of the disposable income left in apps [like Venmo], it takes over a week to transfer to your bank and then to your brokerage. New users who sign up for Staax link the new brokerage account to their bank account and make a list of their top five preferred stocks to receive.

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TechCrunch

NOVEMBER 8, 2021

The fintech, which refers to itself as a banking-as-a-service platform, says it uses AI to power financial services, particularly lending in emerging markets where over 1.7 Some partners include MTN, Airtel, Tigo, Ecobank, Absa, Letshego, Mansa Bank and Telenor.

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TechCrunch

MAY 5, 2023

We’re flagging this one, folks, because you have just one week left to take advantage of early-bird pricing on all passes to TechCrunch Disrupt 2023 , taking place on September 19–21 in San Francisco. Seven days to save $800 on TechCrunch Disrupt 2023 tix Early-bird pricing ends Friday, May 12 at 11:59 p.m. Price now: $45.

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disruption sustainability networking VC 82

TechCrunch

DECEMBER 8, 2021

Wandia said that Kwara is helping them to run a modern banking business since with the right support they are banks waiting to happen. Right from the start, we decided to give our clients something that they could use to become a bank.”. “I About 175 credit unions are licensed in Kenya to serve nearly 4.1 last year to reach $5.6

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TechCrunch

NOVEMBER 5, 2021

It’s data season, with groups like Silicon Valley Bank (SVB), CB Insights, PitchBook and Crunchbase News putting out data sets that we’re having fun exploring. As is common from the bank’s publications, it’s a dense riff of charts and notes, ranging from economic data and trade figures to venture capital statistics.

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venture capital accelerator ventures capital 99

TechCrunch

AUGUST 24, 2022

Global food prices have dropped for three consecutive months but still remain relatively high compared to last year, per the 2022 report by the Food and Agriculture Organization of the United Nations. Tridge owns data covering approximately 15,000 agricultural products with 50,000 price updates. Tridge said Thursday it has secured $37.2

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enablement disruption venture capital accelerator 94

TechCrunch

MARCH 27, 2023

With the collapse of Silicon Valley Bank, founders find themselves in a predicament when looking to raise either equity or debt. The reality is that most founders and venture funds don’t know what the market price is on startup valuations at the moment. And a behavior change, or a reset, is sorely needed.

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TechCrunch

SEPTEMBER 8, 2021

In Nigeria, there are more than 40 million micro-businesses underserved in some form or another regarding banking services. Although some of these businesses have registered bank accounts, gaps exist in how banks use the data available to serve the needs of each business. “Banking is just a little part of what we do.

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TechCrunch

AUGUST 11, 2021

Toni Eliasz is the program manager of the Disruptive Technologies for Development Program (DT4D) that supports the innovation and adoption of technology-driven solutions in World Bank Group operations. Jamil Wyne. Contributor. Arguably, the most eye-catching hallmark of this ecosystem is its population of current and former unicorns.

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TechCrunch

AUGUST 7, 2022

Bob Ruark, principal and banking and fintech strategy leader for KPMG US, noted that pricing is difficult now given the rapid decline in valuations. As he pointed out, pricing in some fintech categories dropped almost 60% according to Pitchbook, and digital and crypto companies are down over 65%. ” Personnel.

real estate 106

real estate VC mix-use opportunity 106

HPA

DECEMBER 10, 2020

Tractor Zoom , an Iowa-based auction marketing and equipment pricing company, announced that it raised $3 million in funding to scale their transparent pricing and analytics platform, Iron Comps.

board 91

board ventures technology startup 91

TechCrunch

JULY 29, 2022

As for Kompliant’s second co-founder, Brad Wiskirchen, he was chairman of the board at the Federal Reserve Bank of San Francisco and a member of the interdepartmental working group on finance and technology at the International Monetary Fund. ” Image Credits: Kompliant. billion In 2020, according to an analysis by Fenergo.

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TechCrunch

APRIL 26, 2022

Digital banking startup Cogni is joining the ranks of companies hopping on the crypto bandwagon. The company currently offers core banking services such as deposit accounts for free to its customers through a borrowed bank charter, like many other neobanks, including Chime. Cogni founder and CEO Archie Ravishankar.

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ventures capital accelerator founder 82

TechCrunch

APRIL 26, 2023

While the banking world watches American lender First Republic publicly convulse after its earnings report detailed a widespread evaporation of its deposit base, the startup world of neobanks is taking blows as well. But Revolut getting such a sharp valuation cut nearly two years after it was last priced made us sit up and take notice.

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