Weav raises $4.3 M to knit together a universal API for commerce platforms

Weav raises $4.3 M to knit together a universal API for commerce platforms

Weav, which is developing a universal API for commerce platforms, is emerging from stealth today with$4.3 million in funding from a bunch of financiers, and

a partnership with Brex. Founded in 2015 by engineers Ambika Acharya, Avikam Agur and Nadav
Lidor after participating in the W20 YC batch, Weav signs up with the wave of fintech […]
Considering that its API went live in January,”thousands “of organizations have actually utilized new items and services built on Weav’s facilities, according to Lidor. And it sees a big market opportunity for a brand-new class of financial applications to come to market built atop Weav’s platform.”We were thrilled by Weav’s vision of a universal API for commerce platforms,”Davis wrote by means of email. Brex co-CEO Henrique Dubugras stated that Weav’s API provides the company the capability to use real-time funding to more customers selling on more platforms, which saved the business” thousands of engineering hours” and accelerated its rollout timeline by months. Clearly, the company liked what it saw, considering that its creators personally invested in Weav….

Valoreo closes on $50M to roll up LatAm e-commerce brand names

Valoreo closes on $50M to roll up LatAm e-commerce brand names

A brand-new breed of startups is acquiring and growing small but promising third-party merchants, and constructing out their own economies of scale. And while there are a variety of such startups based in the U.S. and Europe, none had emerged in the Latin American market. Until now. Valoreo, a Mexico City-based acquirer of e-commerce organizations, […]
The acquired and established brands are integrated into the company’s consolidated holding. Looking ahead, Valoreo plans to use its new capital mainly to develop and obtain “interesting”brands, as well as develop out its present team of 10 while expanding its facilities and operations. Hernán Fernández, founder and handling partner of Angel Ventures, believes Valoreo”will add a lot of value”to the Latin American e-commerce landscape, which is experiencing both market development and the fragmentation of the seller area. This, Valoreo thinks, supplies an opportunity for debt consolidation.”In the U.S. or Europe e-commerce is the new way of shopping, using an even higher range of products and brand names than offline shopping….

Embedded financing start-up Banxware raises EUR4M seed

Embedded financing start-up Banxware raises EUR4M seed

Embedded finance — — the concept of offering monetary products where clients are currently gathering via white label options and APIs – – isn’t a completely new principle. In reality, in one kind or another, such as point of sale credit, the concept has existed for many years and long prior to Silicon Valley equity capital firm and media [ …] , which provides ingrained financing in the type of loans for SMEs, in collaboration with marketplaces, payments companies, and others. Banxware states it will use the investment to develop and grow its ingrained white label financial services providing, and broaden its group. Banxware’s tech and facilities allows any business to provide loans and other banking services to SME consumers. Platforms, such as online markets, can up-sell financial products beyond their core offering.”On the lending side, we work with both balance sheet loan providers and providing lorries with whom we pre-agree on lending terms and loan decision criteria and on whose behalf we perform the loan choice,” says Röhrborn….

VC’s biggest funds make big bets on vertical B2B markets

VC’s biggest funds make big bets on vertical B2B markets

Throughout the waning days of the very first dot-com boom, a few of the most significant names in venture capital invested in directory sites and marketplaces whose sole function was to consolidate information and foster transparency in markets that had stayed nontransparent for years. The thesis was that countless small companies were making specialized items consumed by bigger […]…