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Osome , a Singapore-headquartered business assistant app that digitizes accounting and compliance tasks, has raised $3 million. The startup currently has about 4,500 SME clients across Singapore, Hong Kong and the UnitedKingdom, founder and chief executive officer Victor Lysenko told TechCrunch.
Virgin Atlantic Airways has filed for bankruptcy protection for its United States business, as it tries to nail down a £1.2 The company is not yet going out of business or liquidating its operations, which is what Chapter 7 bankruptcy protection is for. Photo by Matthew Horwood/Getty Images. billion ($1.6
Almost overnight, platforms that offer non-dilutive capital for recurring revenue businesses have become white-hot. Miguel Fernandez, co-founder, and CEO of Capchase said: “Our new expense financing solution is a first in the industry, and we believe it will be a game-changer. We apply intelligence to it and work with customers.
The beauty and wellness industry, annually worth some $4 trillion , is underpinned by tens of thousands of businesses and millions of professionals carrying out haircuts, treatments and workouts. million to continue building out its own business. million to continue building out its own business.
It now claims to be used by 6,000 companies in Singapore, the UnitedKingdom and Hong Kong, giving it $9.5 Singapore-based digital business assistant Osome raises $3 million. The pandemic has caused the e-commerce industry to grow significantly faster and that was also a factor for us.”.
In March 2020, the company made headlines for laying off nearly 300 employees in the face of a slowdown in business related to the pandemic. TripActions is also planning a broader expansion in Europe, which has grown to represent 30% of its business. And, new add-on businesses like Liquid are scaling nicely.” .
creator economy and people doing “side-hustle” businesses. Earnr is a new finance and tax service aimed at the U.K. It’s now secured £650,000 to launch an app aimed at “solopreneurs” The round was led by 7percent Ventures , and was joined by Antler and FJ Labs.
Just when we thought things couldn’t get worse in 2020, we received the news on the SolarWinds hack and its impact on more than 18,000 businesses and potentially dozens of U.S. and in Europe, led by the UnitedKingdom. government agencies — including the departments of Commerce , Energy and Treasury.
Because of the unpredictable nature of the fashion industry, fashion brands often have to “guestimate” demand for their products, and if they get that demand wrong, they have to deal with the wasted inventory. All too often clothes end up being incinerated unnecessarily, adding to their environmental impact.
computer vision startup that’s sharpened its business pitch to sell an AI service for quickly anonymizing video — automating the blurring of faces or licence plates, along with a suite of other visual search services — has grabbed another chunk of seed funding: announcing a raise of $7.5 Pimloc , a U.K. Pimloc , a U.K.
Put simply, Fireblocks aims to offer financial institutions an all-in-one platform to run a digital asset business, providing them with infrastructure to store, transfer and issue digital assets. Basically all the complicated stuff you need to do as a business when you want to start working with this new technology.
It has also since completed “multiple” acquisitions of local brands operating across a variety of industries, such as beauty, fitness and home goods. California-based Presight Capita l and Kingsway Capital out of the UnitedKingdom co-led the round, which also included participation from existing backers such as Kaszek, Upper90 and FJ Labs.
Numbers can take on profound cultural significance, but few numbers have quite the resonance as 911, the emergency number for the United States. One industry trade association estimates that 240 million 911 phone calls are made every year, ranging from the quotidian loud dog to the exceptional terrorist attack.
With the big data revolution of recent years, predictive models are being rapidly integrated into more and more business processes. When business decisions are made based on bad models, the consequences can be severe. The regulators have provided a universal definition that has been adopted across the financial industry.
ZEBOX , an international accelerator network founded by shipping conglomerate CMA CGM to introduce more tech innovation into the supply chain industry, announced today the launch of its APAC headquarters. Based in Singapore, ZEBOX Asia will also look at markets like Indonesia, Malaysia, Taiwan, Japan and Korea.
But as two outsiders kind of coming into the industry, there were so many hurdles around how to partner with a bank and how to get compliance [approval],” Seal said. They’re not payments companies, and that’s not necessarily their fault — that could be because of regulation or whatever else.
Founder and CEO Jack Newton says he and Rian Gauvreau launched Clio during the 2008 recession after seeing the struggles solo lawyers and small firms faced when running a business. Historically, legal practice management software was limited to server-based solutions designed for enterprise businesses — not small law firms, Newton said.
market and scale up its commercial subscription service business. . The company already works with Domino’s in New Zealand and the UnitedKingdom, as well as a range of other national clients, like the New Zealand Post, the Defense Force, the Department of Conservation and P?mu,
Embed that finance : Pezesha, a Kenyan-based fintech startup, is flush with $11 million in new capital as it seeks to bridge the gap between access to financial products and what is a “$330 billion financing deficit for the small enterprises that make up 90% of Africa’s businesses,” Annie reports. Startups and VC.
Compared with countries like the United States or the UnitedKingdom, the racial funding gap is even more stark as more than 50% of Brazil’s population is classified as Afro-Brazilian. There is a clear recognition of the business case for Afro-Brazilian businesses.
The startup plans to use its new capital to expand its suite of products, keep adding to its 60-person team and provide carbon reduction analysis for the architecture, engineering and construction industries. . Canada, the UnitedKingdom, Australia and the EU. Robert Downey Jr.,
Businesses, and the tech platforms that support their operations, had to adapt quickly to the pandemic. The capital will be used for expansion and growth in markets including New Zealand, Southeast Asia and the UnitedKingdom. Ben Thompson, co-founder and chief executive officer of human resources platform Employment Hero.
the UnitedKingdom, Latin America and Southeast Asia. After 14 years… it remains our cornerstone, even though fintech has evolved from the lending and credit businesses of the early years that was a core part of our Capital One DNA,” said Morris, who serves as QED’s managing partner. Most fintech companies will fail.
Beyond the tech world, universities, businesses and NGOs (nongovernmental organizations) regularly use these platforms to hire translators, graphic designers or IT experts. Freelancer.com alone has more than 67 million workers registered, the equivalent of the population of the UnitedKingdom.
Founded in Melbourne, Mr Yum now has offices across Australia and in the United States and UnitedKingdom, too. Mr Yum began pitching its mobile ordering platform to businesses before the pandemic, but the pandemic has accelerated adoption. Its clients include E.P.
Business trip booking platform TravelPerk has bagged another rival — picking up UK-based Click Travel. Business trip platform TravelPerk buys YC-backed rival NexTravel. The UK company handles some £300M in business travel for its client base, which will bolster TravelPerk’s revenues going forward.
What are some of the biggest challenges facing Europe’s cannabis industry right now? Key challenges include (1) lack of education and buy-in from industry stakeholders such as physicians, research institutes, insurance companies, politicians, etc.; We also like ancillary businesses. will.i.am , investor, Sanity Group.
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. Since October 2021, Mondu has signed merchant customers across industries such as beauty, cleaning and manufacturing.
Over the past several years, institutional investors had largely shied away from China’s e-cigarette makers, an industry that was teeming with shoddy workshops and lacked regulatory oversight. But investors’ attitude is changing as China sets in motion its strictest-ever regulation on electronic cigarettes.
The main hub for starting a tech business is currently San Francisco. It’s an amazing city, full of people working at tech businesses, and ready to start the next big thing. The costs of living are incredibly high and you will compete with the world’s most successful tech businesses for talent.
Anomaly will use the funds to grow the team (the company currently has 12 employees), and scale up their business by partnering with more insurance companies and healthcare systems. . and 11 other high-income countries, including the UnitedKingdom, Canada, Germany, Australia, Japan, Sweden, France, the Netherlands, Switzerland and Denmark.
The startup announced today that it has raised $4 million to expand in markets like the United States, UnitedKingdom and Australia. Binocs’ founders point to figures from the Coin Market Cap that say the total market cap of the crypto industry rose from about $325 billion in in September 2020 to $1 trillion in September 2022.
Tracksuit’s tool now tracks insights for more than 1,300 brands across New Zealand, Australia, the UnitedKingdom and, most recently, the United States. “The magic of Tracksuit is giving companies across every industry a common language for measuring, talking about and investing in brand health.”
“If you take a look at the European Union, even Germany itself, there’s a strong focus on the automotive industry. The space industry] is a huge opportunity at the same time to build up another economical pillar that can be extremely profitable,” he said. Metzler’s hunch is that the competition will be steep. That would be my guess.”
Filed in an international business arbitration court, the case represents the largest investor action ever brought against a cryptocurrency platform, and a major test of the rights of investors speculating in digital currency markets. Without a national body of law, arbitrators rely on international standards for business practice.
The company has over 9,000 active users on the platform across a variety of industries, most of whom are between 22 and 40 years old, Downie said. Downie described SteadyPay’s model as “Netflix for credit,” explaining that early conversations with customers illustrated their desire for a simple, interest-free product.
.’s Civil Aviation Authority (CAA) has given the go ahead to local startup sees.ai, which is developing a beyond-visual-line-of-sight (BVLOS) command & control solution to aid data capture for industrial use-cases, to trial a concept for routine BVLOS operations — the first such authorization for a U.K. So while (another) U.K.
As we have started to see the light at the end of the COVID-19 tunnel, food delivery has shaped up to continue to be a major business. “We are preparing to scale to meet all of the digital opportunities in the food hospitality industry.” Today Deliverect’s business is split roughly 50-50 between the two categories.
The company has been busy over the past two years. CK’S entered the United States with ice cream and is now leading in velocity per store in that category, he added. Its direct-to-consumer business launched in 2020 and has remained at the top of the DTC ice cream delivery space since July, Altschul said. At the end of 2019, N!CK’S
The fact that this latest SoftBank-led round is coming just eight months later is a mark of how rapidly Plume’s business has been growing. Indeed, COVID-19 and the impact it had on how we use our broadband at home has probably been the biggest driver of Plume’s business in the last year. Industrial is also in our scope.
Many in the industry fear that the move in Paris, where free-floating scooters initially took off in 2018, will have ripple effects in other cities. 5 growth lessons I learned while scaling from $0 to $1M ARR Annual recurring revenue is a critical health metric for every subscription-based business. Carly has more. Natasha L has more.
FGVCon transcends borders and platforms, assembling industry leaders, top influencers, brands, sellers, agencies, and platform officials in the dynamic world of short-form video content. Confirmed guests include Yuki Yuan (Google’s YouTube Shorts), Vivian (Shopee), Liu Na (Kwai for Business) and more.
A Canadian startup called Nuula that is aiming to build a super app to provide a range of financial services to small and medium businesses has closed $120 million of funding, money that it will use to fuel the launch of its app and first product, a line of credit for its users. and then expanding to Canada and the U.K.
The startup says its engine’s thrust and efficiency are a “generational leap” ahead of any other electrical thrusters, opening up the space industry to completely new types of missions that were not possible before, without resorting to much larger, expensive and heavier chemical thrusters. Magdrive prototype render.
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