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Ford will only sell electric vehicles in Europe by 2030, it said Wednesday. In 2019, the company struck a deal with Volkswagen to use the German auto giant’s electric-vehicle modular electric vehicle platform. VW’s MEB platform will serve as the basis for 15 million electric cars the automaker aims to sell.
Today a startup that has built a platform to make the business of fishing more efficient — and thus the process overall more traceable and less prone to waste — is announcing a round of funding to ride on that wave. Fishing business’s greatest problem, he said, is uncertainty.
Millions of small and medium businesses still operate inefficiently due to dependency on manual processes, which limits their capacity to grow and scale; this is despite contributing to about 48% of Nigeria’s GDP in the last five years, But the tide is turning. Some include Pastel , Kippa and OZÉ. .
In February, Disha , a Nigeria-based platform that allows digital creators to curate, sell digital content, create portfolios and receive payments from their audience globally, announced that it was closing shop. With Flutterwave, we now have a way to drive both value for creators and revenue to sustain the business.
Founded in 2014, Rohlik’s funding comes at an interesting and key moment in the online grocery business, in Europe and beyond. Even with some (very much not all) countries in Europe relaxing parts of their orders, grocery has remained a very-much used online category in markets where it is available. ” Rohlik, ?upr
As part of that broader movement, the mighty WhatsApp, a dominant force in the messaging world, has been pushing deeper into the business arena with myriad tools to connect retailers with customers — from product catalogs and collections , to shopping carts and Instagram Shops integration. Charles’ platform in action.
Open banking platforms, where services that might not have previously lived next to each other are now joined up by way of APIs, has been one of the emerging trends of the last couple of years, and today one of the leaders in the space out of Europe has closed a round of funding to expand its business. billion. .
Walnut raised $15 million in Series A funding, led by Eight Roads Ventures, to continue developing its sales experience platform. Walnut serves over 60 business-to-business clients, including Adobe, NetApp, Varonis and People AI. Founders Yoav Vilner and Danni Friedland started the company in July 2020.
As a teletherapy platform, Parallel Learning enables schools and special education providers to counsel students and track their progress. This year, the most innovative companies in the education sector are tackling a dizzying array of challenges facing students and schools alikenot to mention parents.
based startup platform Bloom has now secured a £300 million / $377 million financing round led by Credo Capital and Fortress Investment Group LLC (NYSE:FIG), making it one of the better-funded revenue-based lending businesses in Europe. It has now raised a total of £307 million. which has raised $681.5
On the retail side of its platform, people can use its mobile app to earn a yield on their crypto holdings (6% on Bitcoin, 8.6% BlockFi believes that investor enthusiasm for the Series D round reflects both the company’s strong business growth, as well as “broader conviction in cryptocurrencies as an asset class.” .
Moove , an African mobility fintech that provides vehicle financing to drivers of ride-hailing platforms like Uber and other gig networks, has raised $105 million in new Series A2 financing. Here’s how it works: Drivers sign up on the platform and, once verified, are trained and sign contracts with Moove to access loans to buy or rent cars.
SumUp , a London-based startup that helps businesses power revenues through card payments — by way of physical readers, online payments, invoices and other services — is itself powering up in a big way. and basing their service around small card payment dongles that attached to phones or tablets.
Launched in Estonia in March this year and currently expanding to Poland, Rendin operates a long-term rental platform that promises to smooth out the process between landlords and tenants. Tenants in the Rendin platform don’t have to pay the security deposit, but this is just a feature, not the core product.
The presence of various payment forms and providers is one reason why businesses in the Middle East/North Africa (MENA) region have operational challenges in managing revenue and collection. SubsBase describes itself as the first and only subscription and recurring revenue management platform catering to the MENA region.
It would appear that OpenAI’s Chat GPT allying with Bing will not be the only threat to Google’s search business model in the future. With its release of WhatsApp Business app (WAB), Meta is effectively building a sort of rival search engine to Google to keep us all inside the app. has the third most WhatsApp users in Europe with 40.41
Given the likely global recession, small businesses are reaching for new kinds of financing. Thus, the buy now, pay later business model is now expanding into this B2B world at a rate of knots. Philipp Povel, co-founder and co-CEO of Mondu, said there is a “$200 billion opportunity just in Europe and the U.S.,
Today, one of the big players in providing that tech is announcing a large round of funding to expand its business, underscoring the growth in this market. Mambu’s platform, according to Danilkis, covers some 7,000 different banking products at the moment. That could lead to consolidation, too.
There are multiple messaging apps active in Southeast Asia and most consumers prefer to use them over email when they contact a business. Respond.io’s dashboard, which processes over 140 million messages per month, consolidates all the messages a business gets, so the right person can see them. Respond.io Respond.io When Respond.io
Economies of scale are an essential cornerstone for on-demand companies, and to that end one of the hopefuls in the space has raised a big round to grow its business. “All of our business units are growing,” founder and CEO Markus Villig said in an interview this week. . billion ($8.4 billion).
One such platform that is helping consumer brands leverage their data to grow is Gameball , a customer intelligence and marketing CRM platform, that was launched in 2020 by egyptian entrepreneurs Ahmed Khairy (CEO) Ahmed El Assy (CPO), and Omar Alfar (CTO). Gameball’s expansion drive is backed by a $3.5 Gameball raises $3.5M
s biggest buy now, pay later startups, has been appointed to CEO of shift work management platform Deputy. Before joining Affirm in 2019, Martincevic led Groupon’s international business in Europe, Asia and Australia as chief operating officer and chief marketing officer. She is also a board member of Lemonade and Kiva.
“These platforms were always viewed as separate solutions by users because of their distinguished technical architecture. To address other perceived limitations, the Strapi team has launched features in recent months like Strapi Market, which offers a library of integrations with third-party platforms. and Europe.
One Impression, an Indian influencer marketing platform that does business in markets including Indonesia, Dubai, Europe and the U.S., The Gurugram-based startup is building an Amazon-like platform to help brands quickly find relevant influencers for their marketing campaigns.
Juni , a Swedish pre-launch startup that’s building a banking app and platform for e-commerce and online marketing entrepreneurs, has raised just over €2.1 making the need for singular platforms to support such e-commerce businesses all the more necessary,” says Cherry Ventures’ Bendz. million in seed funding.
Part of this process will have to involve making it easier for consumers and businesses alike to transition to electrification, for example through extending access to electric vehicle (EV) charging stations as the U.S. “The platform is used by multiple actors, from riders to hub operators, fleet managers and heads of operations.”
million seed round, and while that may be the kind of funding a younger company takes, the livestream shopping platform is actually a “veteran” in this emerging way of shopping. She would ask potential customers if they preferred the standard business-to-business shopping tool or the video one with influencers, and many chose the video.
Along with that news, it’s launching a crypto trading platform and B2B payments for its small and medium business customers. The plan is to double down on more services serving the Nordics, which will include a launch into Finland, before spreading into more markets in Europe and farther afield.
In the EU’s press release , it says that lawmakers agreed that the companies behind WhatsApp, Facebook Messenger, or iMessage would have to make their apps “interoperable” with smaller messaging platforms at the developers’ request. In other words, there’s been a business reason to stay closed.
Now, as its customers chase human-level intelligence, its groundbreaking Blackwell processor and platform is ready. Instead, its actively building platforms for everything from drug discovery (Clara for Biopharma) to autonomous vehicles (Drive AGX) to video production (Holoscan) to digital twins (Omniverse). AI companies like OpenAI.
This, the startup claims, allows companies to establish new revenue channels by increasing SaaS pricing bundles and charging processing fees for payments on their platform. Currently, Monite says it has has ten clients in Europe and the US and plans to close more deals in the next few months. It would appear to be in the right spot.
“As a business, we are proud to have been profitable from day one, and are excited to work closely alongside Carlyle and PayPal to build on Shopware’s positioning in the long term.”. ppingen in the north west of Germany near the Dutch border — will retain a significant majority stake in Shopware, the company said in a statement.
Depending on a customer’s risk profile, Bfree either directs them to a self-service platform, where borrowers set new payment plans using their phone number, or follows up on debt balance through automated communication (chatbots, callbots or IVR technology) or direct calls. Lenders in the U.S.
All business crowdfunding platforms wishing to operate within the European Union (EU) must now comply with a new EU-wide regulatory framework that brings a uniform set of rules to the bloc. Crowdfunding platforms that had previously been greenlighted to operate had until today to receive authorization under the new rules.
Ukio , a short-term furnished apartment rental platform aimed at the “flexible workforce,” has raised €27 million ($28 million) in a Series A round of funding. It’s worth noting that guests book initially for a set period of time, but they can extend their stay through Ukio’s online platform. The Ukio platform.
and Europe comb through their data and derive better insights from it, has raised $12 million in a new financing round following a strong year of growth, it said Thursday. the UK and Europe. About three-fourths of the startup’s business comes from the U.S., Sigmoid , a startup helping firms in the U.S.,
In light of that, unsurprisingly, business has been quite healthy for vendors that sell data observability services and software, which help an organization understand the health and state of their data. “Its platform sits above the data stack, providing a 360-degree oversight of the data assets.”
Apkudo , a Baltimore-based startup developing a platform to help manage, sell and test connected devices like smartphones and laptops, today announced that it raised $37.5 “Management chose to raise now so that we can respond appropriately to the intense market demands for the Apkudo platform,” Matthews said.
This is a problem particularly faced by financial firms, but it could also be useful in the areas of COVID contact tracing or general business intelligence. The main platforms used at this point include Neo4j, Senzing or Neptune from AWS. Alternatively, companies try to build their own solutions using Elasticsearch.
If you’re working for an advertising agency or you’re in charge of a brand, editing and exporting a video ad that works across all social and web platforms can be a lengthy and time consuming task. Each platform has different requirements when it comes to format, duration and even content emphasis. Image Credits: Aive.
Today, we’re going to talk about the three major categories your association — and really any business — can optimize to make a kick-ass workplace. Are folks busy enjoying their work, or working to look busy? Early business magnates like the Rothschilds and the Barings lived and worked out of their giant manors.
Squad also installed a 250-watt solar panel to the vehicle, which the company says adds another 12 miles per day given the amount of sun Europe tends to get. Whether Squad ends up selling fleets to micromobility platforms or car-sharing platforms might depend on the category in which the vehicle ends up.
Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. and Europe and helps protect the reputation of the fintech industry. and Europe and helps protect the reputation of the fintech industry. Railsbank raises $10M Series A for its open banking and compliance platform.
Coro — a startup building an all-in-one cybersecurity platform aimed at mid-market companies, with functions to monitor devices, users, email, networks, data and apps and remediate any malicious activity — has raised $60 million, funding it plans to use to continue doubling down on this particular gap in the market.
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