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Nigerian retail automation platform Bumpa raises $4M, led by Base10 Partners

TechCrunch

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. .

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Kenya-based Powered by People gets $5 million seed to scale operations of its wholesale e-commerce platform

TechCrunch

A wholesale e-commerce platform based in Kenya, with hubs in the Americas, Asia and Europe, Powered by People , has secured $5 million in seed funding to increase its transaction volume by growing the number of small brands using its B2B online marketplace to reach international buyers. Orders on the platform average $1,200. “We

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From bootstrapped to a $2.1B valuation, ReCharge raises $227M for subscription management platform

TechCrunch

Over the years, the company’s SaaS platform has evolved from a subscription billing/payments platform to include a broader set of offerings aimed at helping e-commerce businesses boost revenues and cut operating costs. The startup has 15,000 customers and 20 million subscribers across 180 countries on its platform.

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PlayVS expands reach with acquisitions of Generation Esports and Playfly College Esports

VentureBeat

PlayVS, North Americas amateur esports platform, announced the acquisitions of Generation Esports and Playfly College Esports. Read More

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Corporate services platform Sleek lands $4 million in new funding

TechCrunch

Sleek , the corporate services platform that helps entrepreneurs launch and run new companies in Singapore and Hong Kong, has raised $4 million. “Our platform being common law friendly, we’re looking at such jurisdictions with attention, such as Australia, the United Kingdom and North America,’ said Barthel.

Service 100
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Payments company Paystone raises $23.8M to help service-based businesses engage with customers

TechCrunch

Today it provides electronic payments and customer engagement technology to businesses, particularly those that provide services, CEO Tarique Al-Ansari told TechCrunch. The company has over 30,000 merchant locations on its platform throughout North America, and Al-Ansari expects that to grow by 5,000 this year.

Business 100
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The Station: Uber seals a deal with NYC taxis, Aurora rolls into ride-hailing and LG Energy invests in North America

TechCrunch

Finally, i f you, like me, are curious about how micromobility platforms are unlocking profits, and what tech is enabling this, you’re going to want to pay attention to this one. The pilot will focus on deliveries to and from small businesses. Deal of the week. South Korea’s LG Energy Solution is setting up operations in the U.S.