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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. .
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
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.
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 NorthAmerica,’ said Barthel.
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 NorthAmerica, and Al-Ansari expects that to grow by 5,000 this year.
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.
Per the company’s data, it records more than 500,000 visits monthly, with the majority of its customers from Europe and NorthAmerica recording over $15 million in transactions. That’s hard for these businesses to offer quality services and grow effectively.” Today, it is announcing its launch.
The platform offers parents of preschool children “gamified” educational content and structured lessons available on mobile devices. IntellectoKids says it has more than 2 million installs across NorthAmerica and Central and Northern Europe. based Allrise Capital and other investors, including Genesis Investments.
General Motors announced Tuesday it will be spinning out a new delivery and logistics business called BrightDrop, the first products of which will be an electrified pallet and delivery van. Both vehicles, which will be powered by GM’s Ultium battery platform, are slated for release this year.
E-commerce and other online businesses are becoming increasingly global in their operations and customer bases, and a startup called Airwallex — which has built a banking solution that addresses the opportunity to provide cross-border financial services — has been seeing a massive surge of activity.
Today a company focused on experiences — museum visits, skydiving, local cooking classes and more — is announcing a round of growth funding on the back of seeing its own business bounce back. Peek also took to the offensive, thinking of how it could work differently with its customers on both sides of the business.
Business, now more than ever before, is going digital, and today a startup that’s building a vertically integrated solution to meet business banking needs is announcing a big round of funding to tap into the opportunity. “We want to be like the Apple of business finance.” That involves two parts.
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.
million pre-seed funding, which the startup plans to use to fuel the growth of its new business. The startup’s new wholesale business dubbed The Folklore Connect , will link luxury fashion brands in emerging markets to bulk retailers in NorthAmerica, and later, in Europe. Image Credits : The Folklore Group.
million that year, it has grown the number of organizers (which Easol calls “creators”) tenfold, with the customer base up 913%, transaction numbers up 50x and spend on the platform up by 30x. That vacuum, however, also led to some very interesting pivots and efforts to find business in completely new places. ”
A startup tapping into the concept of the circular economy, where people don’t buy items outright but pay an incremental amount to use them temporarily, has raised some funding to scale its business in Europe and beyond. The funding is coming on the heels of a year when Berlin-based Grover said its business grew 2.5x (that is, 150%).
The economy may be showing many signs of contraction right now, but many companies still need to do business internationally. Jack Zhang — Airwallex’s CEO who co-founded the company with Xijing Dai, Lucy Liu and Max Li — told TechCrunch that business has been on the up in the last year.
Back in 2017, we could see that business was changing. It’s time to meet your business objectives. That success inspired additional programs that create content that outpaces what members find on social or competitive platforms. Kevin is.orgCommunity’s Co-Founder. The cake and high-fives are just the beginning.
Noissue , a New Zealand-based global packaging platform, wants to make sustainable packaging accessible to businesses of all sizes. intends to use the funds to grow its global team, invest in the technology that powers its platform and localize its supply chain, according to Josh Bowden, CEO and co-founder of noissue.
Practice ignition , an Australia-based client engagement and commerce platform for professional service businesses, has raised $50 million (65 million AUD) in a Series C round to accelerate its growth and expand globally. Gusto is expanding from payroll into a full suite financial wellness platform.
The company, which is jointly owned by Volvo and Volvo’s parent company Geely, recently started delivering the Polestar 2, its electric sedan with native Android Automotive, to customers in Europe and NorthAmerica. We are committed to reducing the environmental impact of our cars and our business.
The Bangalore-based company announced today it has closed a $75 million Series C from LeapFrog and Khosla Ventures, with plans to grow its user base in India, Southeast Asia and NorthAmerica. In NorthAmerica, it is popular among Indian expat and Indian American communities, and now it will target other customer segments, too.
A month before the COVID-19 pandemic had spread to NorthAmerica, auto fintech startup MotoRefi — newly armed with nearly $9 million in venture capital — was preparing to bring its refinancing platform to the masses. trillion in auto loans. MotoRefi said it refinanced more than $250 million of auto loans in 2020.
The projects ground floor retail, reserved for local businesses, is designed to further activate the area. Diamond Schmitt For turning buildings into solar panels Renowned Canadian architecture firm Diamond Schmitt is pioneering the use of building-integrated photovoltaic (BIPV) cladding in NorthAmerica.
Today a startup that has built a platform to help consumers mitigate that situation is announcing some funding on the back of more demand for its services. Kaminsky notes that the last year of business has seen the company make more investments into its algorithms and analytics.
The company has built a business by tapping into the advances of technology to build apps for field service engineers and those back at the mothership who run operations and help manage their jobs, workers who in the past might have used phone calls, paperwork and lots of extra round trips between offices and sites in order to run things.
The startup also announced today that it has become the first industrial commerce platform to “officially” operate on Alibaba.com. This means that BluePallet’s network of chemical manufacturers and distributors will be exposed to millions of business buyers from around the world who source supply on the e-commerce site.
Kakao Entertainment is owned by Kakao, the South Korean internet giant whose services include its eponymous messaging platform. Radish claims millions of users in NorthAmerica, and the acquisition will be help Kakao Entertainment expand its own webtoons and web novel business there, and in other English-speaking markets.
One thing that never gets old in business is knowing your customer – and that’s because of how often we get it wrong. This is where the hijacking of open social platforms come in. This is also a good way of discovering features people hate/love/want and incorporating the info into your business. But that’s OK!
After spending 33 years with the largest property & casualty insurance carrier in NorthAmerica, I was ready for a new challenge that aligned with my personal values. During President Obamas call for corporate America to support returning service members from Iraq and Afghanistan, I felt personally compelled to act.
It’s a risk that’s been good for Tessian’s business: The startup says it tripled its Fortune 500-level customer base last year — “as enterprises required a solution that could protect them against human layer security threats”, as it puts it.
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. Today its biggest market is Europe, but it’s growing the fastest in NorthAmerica, so it will also be investing to continue expanding there. (Xu
Lynk , a “knowledge-as-a-service” platform that connects clients with over 840,000 experts in a wide range of fields, announced today it has raised $24 million led by Brewer Lane Ventures and MassMutual Ventures, with participation from Alibaba Entrepreneurs Fund. Lynk co-founder and chief executive officer Peggy Choi.
The most innovative companies in agriculture for 2025 include forward-thinking businesses and nonprofits with at least one eye firmly on this future. McCain recruited ClimateAi in 2023, once the spud grower began worrying in earnest if it will have a viable potato business in 10 years.
Superscript , an insurance broker and tech platform targeting SMEs and “high-growth” tech firms, has raised £45 million ($54 million) in a Series B round of funding. Founded out of London in 2015, Superscript constitutes two core insurance businesses: an online-only “self-serve” platform that’s available to U.K.
The company allows traditional retailers in Morocco and some parts of North Africa to order consumer goods via its platform and handles free delivery to their stores. Simon Ward founded FloatPays in 2019 as an on-demand wage access platform to help employees access, spend, save and manage their money. Fingo (Kenya).
The massive stock drop, which instantly wiped out roughly $200 billion in market value, shows that Facebook’s corporate rebrand to Meta isn’t enough to distract investors from the problems in its core business of social media. It’s clear that the biggest problem facing Meta now is the social media business that pays for those investments.
AskNicely is the latest company attracting capital for its app targeting shift or frontline worker success as more businesses rightly begin to see how valuable these employees are to their bottom line and how technology can ensure these key employees are empowered to help the company grow. Aaron Ward, CEO, AskNicely. Image Credits: AskNicely.
They are replacing other click-through demo platforms with TestBox,” he said. The business model works this way: The test box is free for potential customers to use, but if they buy it, TestBox gets a cut of the sale and in some cases, the recurring revenue from that sale. We invest in it very deeply.
While NorthAmerica has been one of the strongest markets for the startup, it also serves clients in Singapore, Southeast Asia, Japan and India. The startup is aimed at small and medium businesses that already sell products online but are looking to upgrade their stores. Mason has raised a total of $7.5
million home service businesses just in NorthAmerica, and some $600 billion is spent annually on home services — and so the opportunity that Jobber and its investors see is as clear as a new window pane. Billing integrates with accounting platforms made by third parties. and Canada are by far its biggest countries.
Briq , which has developed a fintech platform used by the construction industry, has raised $30 million in a Series B funding round led by Tiger Global Management. The company is currently focused on contractors in NorthAmerica but does have long-term plans to address larger international markets, Hamdy told TechCrunch. .
Founded in 2018, ShopThing currently has 500,000 users across NorthAmerica. After doing some research, Adhami-Boynton found that the concept of live shopping is popular in Asia and decided that she wanted to bring that same addictive experience to NorthAmerica. Image Credits: ShopThing.
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