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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.
It pushed me to create a company to help create digital experiences without the friction,” he told TechCrunch. VU is one of several startups applying technology to fraud and identity within a global digital identity market expected to reach over $33 billion by 2025, according to Adroit Market Research. billion valuation.
The company announced today it has raised a $25 million Series B from Illuminate Financial, AFG Partners and Winter Capital. This brings Osome’s total raised since it was founded in 2017 to $51 million. Osome currently serves more than 11,000 business in Singapore (where it is is headquartered), Hong Kong and the UnitedKingdom.
As the pandemic led to increased digitization across the board, employees were suddenly making spend decisions from outside the office and more merchants were accepting digital payments. “We With the latest round, the company has raised a total of $1.3 And so we broadened the types of expenses employees could submit.”.
Fireblocks , an infrastructure provider for digital assets, has raised $310 million in a Series D round of funding that tripled the company’s valuation to $2.2 In February, the New York-based startup raised $133 million in a Series C round at a $700 million valuation. billion in just over five months.
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. In April, Merama announced it had raised $60 million in seed and Series A funding and secured $100 million in debt.
The company announced today it has raised $12 million led by Glade Brook Capital, which has also invested in marketplaces like Airbnb, Meituan, Uber and Instacart. Travel activities platform KKday raises $75 million Series C as it focuses on ‘staycations’ But as travel gradually resumes, Headout identified “two massive tailwinds.”
Playter has raised backing to do this, as has Hokodo, Billie and Tranch, to name a few other players. Mondu has now raised a $43 million Series A round led by U.S.-based The company has now raised $57 million to date. But as more companies increasingly move to digital, the need for BNPL for B2B online will grow immensely.
Sleek , the corporate services platform that helps entrepreneurs launch and run new companies in Singapore and Hong Kong, has raised $4 million. Sleek co-founder and chief growth officer Adrien Barthel told TechCrunch that the funding is part of Sleek’s seed round and brings the startup’s total raised so far to $7 million.
The world of digital payments is very fragmented, with different types of online bank accounts, digital wallets and money transfer services used in different countries. Thunes raises $60 million for cross-border payments in emerging markets. When Insight approached Thunes, it was not planning to raise more funding.
Can this startup solve the HR headache that is digital nomads? It just raised $12M to try by Mike Butcher originally published on TechCrunch. The company will use the new funding to grow its teams in the US, UK, Armenia, and India.
. — Christine and Haje The TechCrunch Top 3 Future of work is borderless : Payday, now flush with $3 million in new capital, plans to expand its Africa-based operations to Canada and the UnitedKingdom, Tage writes. Wait, you can’t say that : Kyle reports that LeapXpert raises $22 million to monitor employee chats for compliance.
Terms of the deal were not disclosed but it’s understood Spherics had raised £1.25m in equity financing from angel investors and £300,000 in grants. Headquartered in Bristol, UnitedKingdom, Spherics is the second Bristol startup to be acquired by Sage in the last year, after Brightpearl was picked up in 2021.
Osome , a startup that combines multiple corporate services for SMEs into one “super app,” has raised a $16 million Series A. 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 startup announced today it has raised $2.2 The round, which Maya said is the largest raised by a Bangladeshi health tech company so far, was led by early-stage fund Anchorless Bangladesh and The Osiris Group, a private equity firm focused on impact investing in Asian markets. million in seed funding.
Fintech startup StudentFinance — which allows educational institutions to offer success-based financing for students — has raised a $5.3 It’s now raised $6.6 They are likely to be popular as workers need to reskill with the onset of digitization and the pandemic’s effects. million (€4.5 million total, to date.
Nutrium , a digital health startup which links dietitians and their patients via an app, has raised a €4.25 Nutrium’s competitors include NutriAdmin , AppointmentPlus and Evolution Nutrition , which has raised $2.3 Today, Nutrium operates in more than 40 markets, having increased its turnover exponentially.”. million.
In November last year, digital freight forwarder Forto raised another $50 million in a round led by Inven Capital. In April this year, Nuvocargo raised $12 million to digitize the freight logistics industry. In May, Zencargo, with a freight-forwarding platform, raised $42 million. which has raised $9.5
Numan , the European subscription service covering erectile dysfunction (ED) and men’s wellness/health needs more generally, has raised $40 million in a Series B funding round led by White Star Capital , with participation from existing investors Novator, Vostok New Global, Anthemis Exponential, Colle Capital and new investor Hanwha Group.
Men’s health and well-being startup Manual has raised a $30 million Series A round from U.S.-based Manual is competing with Numan (which has raised $13 million), also from the U.K. it is competing with Ro (which has raised $876.1 8 VCs agree: Behavioral support and remote visits make digital health a strong bet for 2021.
Or, perhaps more accurately, the arena of orthodontics — the specialty of dentistry that deals with things like braces — is slowly but surely being digitalized. We doubled down on the doctor-led digital model which brought us way better conversion rates and treatment quality even though on paper it looked complex in the beginning.
Duplo , a B2B payments startup that solves these issues by enabling African enterprises to collect payments from their clients and partners and make payments to their suppliers and vendors, has raised $4.3 And then it becomes easier for us to digitize how payment moves between retailers and distributors,” he added.
On the heels of Personio raising a big round yesterday , one of its competitors and another big startup in the area of HR has also picked up some funding. Hibob last raised money about 10 months ago, a $70 million round in December 2020 (a round led by SEEK and Israel Growth Partners). The funding values the company at around $1.65
The Zebra , an Austin-based company that operates an insurance comparison site, has raised $150 million in a Series D round that propels it into unicorn territory. million Series C that Austin-based The Zebra raised in February of 2020. This new raise wasn’t to fund operations. million since its 2012 inception.
The Singapore-based company announced today that it has raised $640 million in Series E funding to expand its products, which combine computer vision and cloud-based software to help brick-and-mortar stores manage their inventory, merchandising and operations. Before this round, Trax had raised $360 million in primary funds.
This is the idea behind bina , which bills itself as a “digital primary education ecosystem”. It has now raised $1.4 It also boasts of “adaptive learning paths” that cover international standards; teachers with a minimum of eight years of digital teaching experience; and data-driven decision making for its pedagogical approach.
Ladder , which providers flexible term life insurance policies providing coverage ranging from $100,000 to $8 million, has raised $100 million in equity funding, a Series D that values the company at $900 million. I am so excited to see our original vision continue to materialize.”.
In the latest development, Grey , a fintech in this category that provides virtual international bank accounts to African freelancers and remote workers, is announcing that it has raised $2 million in seed funding. Last year, the startup raised an undisclosed pre-seed investment and got accepted into YC’s winter batch this March.
the UnitedKingdom, Latin America and Southeast Asia.”. This should help add more names to a portfolio that includes several LatAm fintechs that recently raised new rounds, such as crypto exchange Bitso , SMB lender Cora , payment infra provider Hash and B2B credit card provider Tribal Credit. QED recently closed $1.05
Three digits, so little time. Numbers can take on profound cultural significance, but few numbers have quite the resonance as 911, the emergency number for the United States. Few want to dial it, but when they must, it works — every single time. But how do you connect hundreds of tech companies to a myriad of 911 technology providers?
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. Cross-border fintech Airwallex raises $100M Series D extension at new valuation of $2.6B.
The startup has raised $150 million, a Series D round of funding that values the company at over $1.4 The round comes less than a year after its previous round — a $65 million Series C that it raised last April. “We are preparing to scale to meet all of the digital opportunities in the food hospitality industry.”
Its algorithm primarily leverages information from “open banking” data, which is secure customer information that large UnitedKingdom banks are required by law to share with third parties and technical service providers. SteadyPay raised its seed round in 2020 , bringing in £2.9
Mr Yum , a Melbourne-based mobile ordering and payments platform that was founded in 2018, announced today it has raised a $65 million USD Series A round, led by Tiger Global. Founded in Melbourne, Mr Yum now has offices across Australia and in the United States and UnitedKingdom, too. Its clients include E.P.
It has now raised a £1.7 million seed round, bringing its total raised to £2.4 But YardLink aims to speed up this process with a digital-first, marketplace approach. YardLink allows construction companies to obtain critical equipment faster than traditional equipment rental companies.
And today, the startup announced it has raised $108 million in a Series B funding round led by SoftBank. With the latest raise, Pismo has now raised a total of $118 million in funding. It does things like allow customers to launch products for cards and payments, digital banking, digital wallets and marketplaces.
London-based Habitual , a healthtech startup which offers a weight loss program aimed at people with type 2 diabetes (or prediabetes) that combines “evidence-based” food replacement with digital support to help people manage and even reverse the condition (so they can be medication free), has closed a $2.3 million seed round.
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. African payments company Flutterwave raises $170M, now valued at over $1B.
The main startups hubs in the country have traditionally been São Paulo and Belo Horizonte, but now a new wave of cities are building their own thriving local startup ecosystems, including Recife with Porto Digital hub and Florianópolis with Acate. Not to mention, they make up less than 5% of the top level of the top 500 companies.
cybersecurity startup CybSafe , a “behavioral security” platform, raised a $7.9 It’s now raised a $28 million Series B round led by Evolution Equity Partners with participation from Emerald Development Managers and existing investors IQ Capital and Hannover Digital Investments (HDI) GmbH. Last year, U.K. million Series A.
The edtech startup announced today it has raised a $14.3 It also plans to add to its partnership development teams in the United States, UnitedKingdom and Australia, along with emerging markets like the Middle East, Africa and Southeast Asia. The company will use its new funding to grow its product and engineering teams.
After reaching 160,000 players in more than 100 countries, it’s now raised a $1 million seed funding led by Twinkl Educational Publishing , with participation from first investor Christian Reyntjens of the A Black Square family office, alongside angel investors, including one of the founders of Shazam. Erase All Kittens.
Spotify helped pave the way for a new model for consumers to listen to music: pay a monthly fee to stream whatever you want, with no need to own any physical or digital versions of it. The market for educational content has lagged other types of content, which have successfully digitized and offered new models of consumption to users.
Localyze’s SaaS is designed to simplify and support staff relocations or cross-border hiring, offering digital tools to automate admin and case tracking, helping companies and employees navigate what can be complex, bureaucratic and even stressful immigration requirements. Firstbase raises $13M to make remote work suck less.
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