Orb founders grew so frustrated dealing with billing as engineers at Asana, they built their own billing software
TechCrunch – Fintech
by Kyle Wiggers
3w ago
Billing might not be something that the average person thinks about on a regular basis. But for companies — particularly those in the business of selling software — it’s massively important. They rely on billing systems to ensure that customers pay on time and have a range of ways to pay. The trouble is, configuring […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more
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Paymob, started by three college friends, lands another $22M and is profitable in Egypt
TechCrunch – Fintech
by Tage Kene-Okafor
1M ago
Paymob has evolved into an omnichannel gateway offering over 50 methods for offline and online payments to more than 350,000+ merchants. © 2024 TechCrunch. All rights reserved. For personal use only ..read more
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Ziina banks $22M as growth explodes for the UAE-based fintech for small businesses
TechCrunch – Fintech
by Tage Kene-Okafor
1M ago
The Dubai-based startup, which now counts 50,000 retail and business customers in the UAE, has netted $22 million led by Altos Ventures. © 2024 TechCrunch. All rights reserved. For personal use only ..read more
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Sarah Buchner started as a carpenter when she was 12 — now her AI construction startup has raised $20 million
TechCrunch – Fintech
by Kyle Wiggers
1M ago
Construction companies deal with a lot of documents — so many that it can be difficult to process and manage them all. According to one recent survey, a third of construction professionals found accessing documents to be a challenge in completing a project, while a fourth said that inaccurate project paperwork has contributed to a […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more
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CloudPay, a payroll services provider, lands $120M in new funding
TechCrunch – Fintech
by Kyle Wiggers
2M ago
In 1996, two companies, Patersons HR and Payroll Solutions, formed a venture called CloudPay to provide payroll and payments services to enterprise clients. CloudPay grew quietly over the next several decades, adding workflow automation features to maintain pace with upstart rivals. It’s still growing, CFO Andy Thomson assures TechCrunch. Thomson claims that CloudPay is handling […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more
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TigerBeetle is building database software optimized for financial transactions
TechCrunch – Fintech
by Kyle Wiggers
2M ago
After doing some consulting for Microsoft to develop protections against zero-day exploits, software engineer Joran Dirk Greef worked with Coil, a web monetization startup in San Francisco, to help build its payments infrastructure. At the time, Coil was using a traditional database to store and process transactions. But Greef had the insight that a specialized […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more
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Adaptive builds automation tools to speed up construction payments
TechCrunch – Fintech
by Kyle Wiggers
3M ago
Adaptive is a platform that provides tools designed to simplify payments and accounting for general construction contractors. © 2024 TechCrunch. All rights reserved. For personal use only ..read more
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Evolve Bank says ransomware gang stole personal data on millions of customers
TechCrunch – Fintech
by Carly Page
3M ago
Evolve has confirmed that the personal data of at least 7.6 million people was accessed during LockBit's ransomware attack. © 2024 TechCrunch. All rights reserved. For personal use only ..read more
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Notable Capital’s Hans Tung on why founders need to play the long game
TechCrunch – Fintech
by Mary Ann Azevedo
3M ago
Hans Tung, a managing partner at Notable Capital, formerly GGV Capital, has a lot of thoughts on the state of venture capital today. With $4.2 billion in assets under management, Notable evolved from 24-year-old cross-border VC firm GGV Capital, and Tung was around when GGV invested in the likes of Affirm, Airbnb, StockX, Square and Slack. […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more
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Notable Capital’s Hans Tung on the state of VC and the upside to down rounds
TechCrunch – Fintech
by Mary Ann Azevedo, Theresa Loconsolo
3M ago
To some investors, “down round” is a dirty phrase, but not to Notable Capital’s Hans Tung. Hans is a managing partner at Notable Capital, formerly GGV Capital, a venture firm focusing on investments in the U.S., Latin America, Israel, and Europe. Hans, whose portfolio includes the likes of Airbnb, StockX and Slack, sat down with […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more
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