Startups

Startups
February New Business Applications Dip After January Spike
March 10, 2021

Entrepreneurs started fewer new businesses in February following a January surge and a record startup environment in 2020, according to the latest U.S. Census Bureau report released on Wednesday (March 10). Business applications overall decreased across all regions and industry sectors in February despite an...

Startups
Rent The Runway’s Jennifer Fleiss On Giving Capital- Efficient Businesses An Edge
March 01, 2021

It’s not easy being bootstrapped in a world full of venture capital (VC)-backed players. Bootstrapped players are capital-efficient, inventive and profitable nearly from Day One — that is if they want to stay in business on Day Two, Year Two and the subsequent years after...

Startups
Down But Not Out: New Business Applications Spike In January
February 16, 2021

Applications to start new U.S. businesses leaped in January, despite rising COVID-19 cases. Commerce Department data from last week indicated that new business applications surged 42.6 percent in the first month of the year, reaching a seasonally adjusted 492,133. In 2020, there were 4.3 million...

Startups
Berlin Brands Creates $302M Acquisition Fund For D2C Startups And Amazon Sellers
January 28, 2021

German eCommerce startup Berlin Brands Group (BBG) is embarking on a new plan to invest 250 million euros (about $302 million) into buying smaller companies, TechCrunch reported. BBG, according to the report, differs from other eCommerce companies in that it has built itself up from...

Startups
Plaid To Focus On Growing European Market
January 18, 2021

FinTech startup Plaid is looking at doubling its size in Europe, Bloomberg reported. The focus for the San Francisco-based company is now on broadening its global reach after an acquisition for $5.3 billion by Visa didn’t go through, the report stated. Plaid allows users to...

Startups
Germany’s Delivery Hero Introduces Its Own Venture Capital Fund
January 12, 2021

German food delivery platform Delivery Hero is launching its own early-stage venture capital (VC) firm — DX Ventures — that will be managed independently to focus on advancing founder-led startups. “Being a family of founders, investing in entrepreneurship is an integral part of Delivery Hero’s...

Startups
FISPAN Joins Mastercard’s Start Path Accelerator Program
November 12, 2020

Enterprise resource planning (ERP) banking platform FISPAN announced in a press release Thursday (Nov. 12) that it has joined Mastercard’s Start Path accelerator program. “We are thrilled to have been selected to take part in the Mastercard Start Path program and to be recognized alongside...

Startups
Mastercard Announces Newest Participants In FinTech Accelerator Program
November 09, 2020

Mastercard has announced the latest class of FinTech startups for its Start Path accelerator and partnership program. Under the program, Mastercard will work with the companies for six months to help uncover ways in which they can leverage its technology, expertise and network to push...

Startups
PayPal Invests In Extend As Merchants Seek New Ways To Boost Online Conversion
October 15, 2020

As the shift from paper to digital has accelerated the transformation of many a legacy business with aging tech, CEO Woodrow Levin of Extend says it’s important to add extended warranties to that list. Merchants used to have a tiny conversion rate when offering customers...