by RJ Shara | Jul 21, 2021 | Startups
The payments space — amazingly — remains up for grabs for startups. Yes, dear reader, despite the success of Stripe, there seems to be a new payments startup virtually every other day. It’s a mess out there! The accelerated growth of e-commerce due to the pandemic means payments are now a booming space. And here […] …
by RJ Shara | May 12, 2021 | Fundings and Exit
Trip rental start-up Holidu has actually tucked $45 million in Series D financing into its suitcase — — bringing its total raised because being founded back in 2014 to more than $120M. The current funding round is led by 83North with involvement from existing financiers Prime Ventures, EQT endeavors, Coparion, Senovo, Kees Koolen, Lios Ventures and Chris […] “We see that many visitors have picked vacation leasings in rural destinations over hotels or cities,”validates CEO and co-founder Johannes Siebers. “In spite of this shift in choice, the overall European holiday rental market decreased in 2020 due to the strong travel constraints in many months. Commenting on the financing in a statement, Laurel Bowden, partner at 83North said: “Holiday leasings are a really competitive market and Holidu’s development throughout the pandemic has been extremely excellent. Asked how much of a continuous issue Google’s behavior is for the growth of its company, Siebers informed TechCrunch: “Given its size and market position, we think Google brings a special duty in the search market.”The method Google shows specialized search items in numerous travel verticals does, in our view, not comply with the principle of reasonable, merit based competitors….
by RJ Shara | Mar 2, 2021 | Fundings and Exit, Startups
Sustained by the COVID-19 pandemic, digital transformation is occurring all over the world. And Southeast Asia is no exception. Indonesia’s Xendit, a start-up concentrated on structure digital payments facilities for the area, has just raised $64.6 million in a Series B led by Silicon Valley heavyweight Accel. The financing brings the total amount raised by […] , a start-up focused on building digital payments infrastructure for the region, has actually simply raised $64.6 million in a Series B led by Silicon Valley heavyweight Accel. Xendit is the first Indonesian company to go through Y Combinator’s accelerator program. The pandemic also led to Xendit branching out., which intends to make every software business a payments company. Indonesia’s Xendit, a startup focused on building digital payments infrastructure for the area, has simply raised $64.6 million in a Series B led by Silicon Valley heavyweight Accel….
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