Countingup closes ₤ 9.1 M for its organization current account with integrated accounting features

Countingup closes ₤ 9.1 M for its organization current account with integrated accounting features

Countingup, the U.K. fintech offering a company bank account with integrated accounting functions, has closed ₤ 9.1 million in Series An investment. Leading the round is Framework Venture Partners, with participation from Gresham Home Ventures, Sage and existing financiers. It’s notable that Countingup has actually previously taken investment from ING, and the addition of Sage as a […]
, the U.K. fintech providing an organization present account with integrated accounting functions, has closed ₤ 9.1 million in Series A financial investment. The company’s long-term vision is to be the one”financial hub”for micro companies in the U.K. and beyond. Its initial “attack vector” was to combine a business bank account with bookkeeping features to assist automate the filing of accounts– a major time sink and pain-point for sole traders and little organizations. Today that consists of a business bank account with its own sort code and account number, a Mastercard for making payments and assistance for faster payments and direct debits. …

Payfazz invests $30M in Xfers as the 2 Southeast Asian fintechs form Fazz Financial Group

Payfazz invests $30M in Xfers as the 2 Southeast Asian fintechs form Fazz Financial Group

Payfazz and Xfers, 2 startups that want to increase financial inclusion in Southeast Asia, announced today they have signed up with forces to create a new holding entity called Fazz Financial Group. As part of the deal, Payfazz, an agent-based monetary services network in Indonesia, invested $30 million into payments infrastructure company Xfers. Based in Singapore, Xfers […] , two startups that want to increase financial addition in Southeast Asia, announced today they have actually joined forces to produce a brand-new holding entity called Fazz Financial Group. Based in Singapore, Xfers will serve as the B2B and Southeast Asia arm of Fazz Financial Group, while Payfazz, which already utilizes Xfers’ payments infrastructure, will continue expanding in Indonesia. Kwik will serve as Fazz Financial Group’s group CEO, while Liu will be the financial entity’s deputy CEO. …

Endless closes $4.5 M Series A to scale its subscription coffee service

Endless closes $4.5 M Series A to scale its subscription coffee service

As a dedicated coffee drinker I was enthused by the concept of Bottomless. The Y Combinator-backed startup sends its users coffee as they run low so that they never ever run out of the Magic Juice of Life. What could be better? Due to the fact that life is somewhat amusing, after registering for its service the company reached […] I truthfully do not recall the cost range of coffee that I selected, and do not know how much I am actually paying Bottomless at the moment. Before and even after Bottomless went through Y Combinator back in 2019, the company hand-built its coffee-weighing scales. Per the business, Bottomless scaled another 5-7x in 2020. Powering that development are a host of coffee companies that Endless works with. …

After 200% ARR development in 2020, CourseKey raises $9M to digitize trade schools

After 200% ARR development in 2020, CourseKey raises $9M to digitize trade schools

When the COVID-19 pandemic hit and required universities to go virtual, numerous were rushing to develop online or blended curriculums. That struggle was especially challenging for trade schools, a lot of which were not created to teach online and were primarily paper-driven. CourseKey, a San Diego-based trade school management SaaS start-up, was in a distinct […] , a San Diego-based trade school management SaaS startup, was in a special position. “So many schools had to adopt a digital toolbox. For Sophinos and Kannah, founding CourseKey was more than simply a service opportunity. CourseKey has an outstanding list of supporters beyond SignalFire and Builders. …

$100 million for mealworms

$100 million for mealworms

Hi and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unload the numberhttps:// twitter.com/cgates123s behind the headings. This is our Wednesday program, where we specific niche down and concentrate on a single topic, or theme. This week we’re talking agtech, a surprisingly cool bit of the innovation start-up world. But Chris and Danny and Natasha and [ …] This is our Wednesday program, where we niche down and focus on a single subject, or theme. This week we’re talking agtech, a surprisingly cool bit of the technology start-up world. We’re back on Friday with our long-form, newsy episode. This week we’re talking agtech, a surprisingly cool bit of the technology startup world….

Minu, a Mexico City-based, pay-on-demand startup, lands a $14M Series A

Minu, a Mexico City-based, pay-on-demand startup, lands a $14M Series A

A number of the startups raising capital in Mexico are concentrated on financial inclusion, intending to level the playing field in a nation that is mostly unbanked and has a blossoming middle class. One such company, minu, a Mexico City-based, pay-on-demand startup, announced Wednesday that it has raised $14 million in a Series A round of […] Minu intends to fix the worker liquidity space in between paychecks in an effort to help individuals see decreased monetary tension and avoid pricey loans. Today, minu has over 100 big business clients including TotalPlay, Telefonica, Scotiabank, OfficeMax, Rappi, Adecco, Workforce, Cap Gemini, and public sector customers such as the Electoral Institute of the State of Mexico. Looking ahead, minu states it will use its fresh capital to improve its headcount of 60 as well as broadening its offering to consist of monetary education, cost savings, clever invest and insurance items. Fintechs in Mexico have been busy. …

Oscar Health rates IPO at $39 and protects a $9.5 B assessment

Oscar Health rates IPO at $39 and protects a $9.5 B assessment

Late last night Oscar Health, a tech-enabled medical insurance service provider, priced its IPO at$39 per share. The final cost was available in$1 per share above its raised IPO guidance; Oscar Health had actually originally targeted a $32 -$34 per-share IPO rate. Some 37,041,026 shares were cost $39, consisting of 36,391,946 provided by the business itself. Not […]
, a tech-enabled medical insurance supplier, priced its IPO at$39 per share. Oscar offered more shares in its debut than its final S-1/ A filing expected, making its taking place share count a little tedious to compute. IPO investing group Renaissance Capital computes the company’s fully watered down assessment, a figure that counts some additional shares, including that have actually been made through choices that have yet to be worked out, for example, at$9.5 billion. …

Indonesian supply chain start-up Advotics raises $2.75 M led by East Ventures

Indonesian supply chain start-up Advotics raises $2.75 M led by East Ventures

The fast development of e-commerce in Indonesia, particularly throughout the pandemic, is putting increasing needs on its supply chain infrastructure. But the nation ‘s logistics industry is highly fragmented, with business typically depending on several service providers for one delivery, and numerous warehouses are still focused around major cities. Advotics wants to help with software to make […]
The country’s logistics market is highly fragmented, with companies typically relying on multiple service providers for one shipment, and numerous warehouses are still concentrated around major cities. They utilize a supply chain with 15 million little to mid-sized distributors and about 288,000 big distribution companies. To assist make logistics more efficient for its customers, Advotics provides SaaS options to keep an eye on almost their entire supply and logistics chain, from warehouse inventory to creating shipment paths for drivers. Advotics is amongst numerous tech startups that are taking various approaches to deal with Indonesia’s logistics infrastructure….

Sequoia Capital India’s Rise invests $2M in sales engagement platform Outplay

Sequoia Capital India’s Rise invests $2M in sales engagement platform Outplay

Sales engagement platforms (SEP) help sales teams automate and track the a great deal of jobs they require to do every day as they get in touch with leads and focus on potential offers. Focused on small-to-medium-sized business, SEP startup Outplay revealed today it has raised $2 million from Sequoia Capital India’s Surge program for early-stage start-ups. Beat […] Outplay is created for teams that use numerous channels to reach possible consumers, consisting of phone calls, text messages, email, live chats on sites, and social media platforms like LinkedIn or Twitter. Outplay can be utilized develop sequences that send initial messages through different platforms, and then immediately follows up with new messages if there isn’t a reply within a pre-set time frame. Focused on small-to-medium-sized companies, SEP start-up Outplay announced today it has raised $2 million from Sequoia Capital India’s Surge program for early-stage start-ups….