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The media licensing business is a massive market, but much of the work involved is still handled manually through emails and spreadsheets. also returned, bringing Flowhaven’s total raise to date to $21.5 The idea to modernize the media licensing business comes from a founder who had direct experience in the industry.
Telecoms and banks lead the majority of online financial transactions carried out in the region via mobile money wallets and bank accounts. An alternative payment network with connected wallets allowing a mobile money user to transact with a bank account would fix this problem, and that’s the premise of Ghana-based fintech Dash.
In other words, Blast wanted to give users a way to save money while playing video games. Now as 2021 comes to a close, Cruttenden’s latest fintech, Ant Money, is announcing it has raised $20 million in funding (a mix of previously unannounced seed and Series A capital) and acquired Blast via a stock-for-stock merger.
Chinese-backed and Africa-focused fintech platform OPay is in talks to raise up to $400 million, The Information reported today. The $170 million raised so far came from mainly Chinese investors who have collectively begun to bet big on African startups over the past few years. last year to over $2 billion in December.
Other events are smaller, more intimate gatherings where guests are directly asked for money. You can raisemoney with all kinds of fundraising events like parties, galas, sporting events, concerts… and the list goes on and on. So, how do you know which one will be THE ONE that raises big bucks for you? BUT the flip side?
Telda , an Egyptian consumer money app founded by ex-Swvl executive Ahmed Sabbah last April, has raised $20 million in seed funding. “We are humbled to be the first company to receive the license in Egypt. The fintech, in a statement, said it wants to “revolutionize finance for the MENAP region.”
Payments company Checkout.com is raising once again. But Checkout.com kept growing and growing until it raised one of the biggest Series A rounds ever for a European company — $230 million at a $2 billion valuation. While Checkout.com didn’t actually need to raise to stay alive, Pousaz says VC firms are a form of validation.
The ABC would wrap together efforts such as TIGAR as a sharing portal, capacity building efforts for countries trying to create accessible book services and looking at issues like licensing. So, in the meanwhile, we will need to rely on licenses: permissions agreements. So, the publishers weren’t against all licensing.
When companies create digital payments-facing solutions for African countries outside Nigeria and South Africa, building around mobile money is key. According to him, starting pawaPay was to help people send and receive money internationally using mobile money. How big is mobile money in Africa?
As startups in Africa continue to grow and raisemoney at a ridiculous pace, so too will their cap tables expand. Most African startups’ bulk of VC money is from foreign investors, making it imperative for African startups to incorporate abroad, especially in the U.S. Image Credits: Raise.
The company has raised $200 million, a Series C that it will use toward its next steps as a business. This will be combined with a shift to a licensing model for its chip hardware, so that they can be produced by multiple third parties. Wiliot says that it already has several agreements in place for the chip licensing part.
Berkeley-based fintech Flourish has raised $1.5 A rewards engine designed to incentivize users to save or invest money. It is also now licensing its engagement technology to banks, retailers and fintechs across the Americas. Flourish has piloted or licensed its solution to U.S.-based based startups. Moura came to the U.S.
It has quietly since amassed nearly 1 million customers across the United States as a licensed insurance broker. And now today, Jerry is announcing that it has raised more than $57 million in funding, including a new $28 million Series B round led by Goodwater Capital. Jerry is out to change that.”.
The new service, currently in beta, is designed for everyday TikTok users — not just professional creators — who want to earn money by reviewing brands’ products. Aside from earning money from views, the creator also gets paid when the brand reuses their video in other ways.
As their license states , you’re free to use Goldman Sans for just about anything you like so long as you don’t use it to criticize Goldman Sachs. And although Goldman Sans is nominally a free font, Goldman Sachs retains complete control over the license, allowing it terminate usage for any reason it likes.
Ayoken, an NFT marketplace for creatives, has raised $1.4 MARA raises $23M from Coinbase Ventures and FTX to build Africa’s portal to the crypto economy. A majority of the funding will go into buying exclusive licenses and into building our tech team; that is the developers and engineers by fourfold,” he said.
GoHenry (which raised $121.2M), which bills itself as “smart banking for kids” has attempted to crack part of this market, but is aimed at kids not families, per say. It’s now raised a €3.5M It’s now raised a €3.5M Children learn via modules, set up savings pots, can earn money via errands and chores, and customize their cards.
When Robinhood raised its $3 million seed round in 2013, it was a couple of months old, with huge ambitions of democratizing securities access to the underserved and unserved. Egyptian social e-commerce platform Taager raises $6.4M Now we’re proud to have SEC’s first fintech license. led by 4DX Ventures.
Investors continue to pump money into generative AI tech. Case in point, Replit, an IDE startup developing a code-generating AI-powered tool called Ghostwriter, this week raised nearly $100 million ($97.4 billion post-money valuation. It’s unclear whether Ghostwriter, too, was trained on licensed or copyrighted code.
Challenger banks continue to make significant advances in attracting customers away from the big incumbents by providing more modern, user-friendly tools to manage their money. Kuda currently provides services for consumers to save and spend money, and it has recently introduced overdrafts (essentially revolving credit for individuals).
Transfr makes money by charging a software-as-a-service licensing fee to companies, which can go for up to $10,000 depending on the size of the workforce. The company raisedmoney in August to expand to Asia. It’s an ambitious goal, and one worth raising financing to achieve.
Just months after raising $28 million, Jerry announced today that it has raised $75 million in a Series C round that values the company at $450 million. At the time of the company’s last raise, Agrawal said Jerry saw its revenue surge by “10x” in 2020 compared to 2019. Jerry is out to change that.”.
The two-year-old startup, led by high-profile entrepreneur Kunal Shah, said on Monday it has raised $81 million in a new financing round and bought shares worth $1.2 We are now playing matchmaking role between customers and brands that otherwise had to spend a lot of money in marketing.”
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 Initially, Juni will make money on interchange fees (minus the cashback it offers) and by charging a subscription in the best SaaS tradition. million in seed funding.
Launched in February 2019, Kroo, the London-based consumer-facing fintech, raised some seed funding last year for its prepaid card service which claims to offer more “social features” in its drive toward offering full-blown banking services. It has now raised $24.5 million (£17.7 ahead of rebrand. That was a choice.”.
Stability AI, the company funding the development of open source music- and image-generating systems like Dance Diffusion and Stable Diffusion , today announced that it raised $101 million in a funding round led by Coatue and Lightspeed Venture Partners with participation from O’Shaughnessy Ventures LLC.
Chinese-backed and Africa-focused fintech company OPay raised $400 million in new financing led by SoftBank Vision Fund 2, Bloomberg reported Monday, valuing the company at $2 billion. This news comes three months after The Information reported that the company was in talks to raise “up to $400 million at a $1.5
NALA , a Tanzanian cross-border payments company that recently pivoted from local to international money transfers, said Thursday it has raised $10 million in a new fundraising round. In that time, NALA built a mobile money service in East Africa and scaled it to more than 250,000 users. and the E.U., country, probably France.”.
“This round was the first time we raised with most of the previous round still in the bank, despite the pressures of COVID,” he said. billion after raising just over $100 million. And what that means is no need to spend money on finding drivers.” “This shows the frugality of the company. billion ($4.3
Matik , which has created automated data-driven software for customizing Google Slides or PowerPoint presentations, has raised $20 million in a Series A funding round led by Andreessen Horowitz (a16z). Image Credits: Matik. It says that since Handshake started using Matik, it’s already saved 4,500 hours.
The startup announced today it has raised a seed extension of $1.5 The funding brings Jeff’s total raised to about $2.5 Jeff raises $1M to build alternative credit scoring and other fintech products for Southeast Asia. Jeff raises $1M to build alternative credit scoring and other fintech products for Southeast Asia.
The company says that across its roster of clients — which also includes Dude Perfect , Aphmau , Smokin’ & Grillin’ wit AB and others — Spotter has licensed content that generates over 40 billion monthly watch time minutes. Before that, Spotter raised $555 million across three undisclosed funding rounds.
The fintech which provides credit lines for businesses has raised $17 million, funding that it will be using to bolster its offerings and expand geographically. I also remember taking money from loan sharks with ridiculous interest rates, sometimes as high as 20% a month, to meet payroll.
The company has seen enormous growth over 2021, and just raised a $25M B round to keep accelerating. Promise works with government agencies and related organizations that collect anything from utility bills to license fees. We talked with Promise almost exactly a year ago when it raised $15M to expand operations, and expand it has.
And the company has recently raised another $45 million to consolidate its position. “When your mission is to build the biggest bank in Mexico, you will need a ton of money,” said albo founder Angel Sahagún. “We are targeting a similar target market to Chime,” the albo founder and chief executive said.
Upgrading ParkMobile’s license plate-based service with a computer vision based system that recognizes cars as they enter and leave garages has been Metropolis’ mission since founder and chief executive Alex Israel first formed the business back in 2017. REEF Technology raises $700M from SoftBank and others to remake parking lots.
Zego , the insurtech that got its start by offering flexible motorbike insurance for gig economy workers but has since expanded with a range of tech-enabled commercial motor insurance products, has raised $150 million. Zego has now raised more than $200 million since launching in 2016.
The company said it has raised $2.75 This round values the startup, which was founded in January 2020, at $11 million post-money. Everyone picked to go through training is paid a stipend and earn two safety licenses. Demand for ChargerHelp’s service has attracted customers and investors.
Less than five months after raising $115 million, spend management startup Ramp announced today it has raised $300 million in a Series C round of funding that values the company at $3.9 The transaction volume on its corporate cards has tripled since April, when its last raise was announced. That’s more than double the $1.6
NetBox Labs , a new open source startup spun out of VC-backed network automation company NS1 back in January , today announced it has raised $20 million in a Series A round of funding from a slew of high-profile investors. NetBox dashboard Image Credits : NetBox While NetBox is available for free to anyone under an open source Apache 2.0
The Japanese fintech startup said today it has raised a $20 million (2 billion JPY) Series A funding round led by Globis Capital Partners with participation from Z Venture Capital, Mitsui Sumitomo Insurance Venture Capital, and DBJ Capital. However, we do not operate under a banking license and leveraging the fund transfer license.
There is no money, there are no resources, and the situation is only getting worse. In our story, the resolution would be raising enough funds to provide every school child with a nutritional breakfast and lunch. Studies show that fundraising campaigns with regular updates can raise up to 138% more funds than those without updates!
The new funding brings the total seed amount raised by the startup to $7 million. It said the user base of the neobank app, which also allows users to deposit money directly into their sacco accounts, and track their finances and payments, has grown 35-fold since launch last year.
Senti Biosciences , a company developing cancer therapies using a new programmable biology platform, said it has raised $105 million in a new round of financing led by the venture arm of life sciences giant Bayer. Cell and gene therapy startup ElevateBio raises $170M.
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