startups

Startup or start up is a company or project initiated by an entrepreneur to seek, effectively develop, and validate a scalable business model. Hence, the concepts of startups and entrepreneurship are similar.

Source: en.wikipedia.org

Founders Unite to Connect African Tech Community, Plug Funding Gap
Founders Unite to Connect African Tech Community, Plug Funding Gap
November 10, 2022  |  Technology

Although African startups secured close to $5 billion in venture capital (VC) funding in 2021, double of what was raised year-on-year (YoY), it still pales...

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Egyptian Digital Lender Blnk Raises $32M
Egyptian Digital Lender Blnk Raises $32M
November 10, 2022  |  Investments

Blnk, an Egyptian buy now, pay later (BNPL) startup, has raised $23.7 million in equity and debt funding and a further $8.3 million via securitized...

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Report: Tiger Global Cuts Tech Investments by Billions of Dollars
Report: Tiger Global Cuts Tech Investments by Billions of Dollars
November 09, 2022  |  Investments

As declining technology stocks have hacked the value of investor Tiger Global Management’s public stocks this year, the company has also slashed the value of...

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Macy’s Joins Vendor Diversification Trend
Macy’s Joins Vendor Diversification Trend
November 07, 2022  |  Retail

Saying that only 1.3% of the total venture capital dollars that were invested in the United States in 2021 went to a startup with a...

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Truist Foundry Billed as ‘Startup Within Bank’ for Innovation
Truist Foundry Billed as ‘Startup Within Bank’ for Innovation
November 04, 2022  |  Startups

Building upon its May acquisition of gamified mobile finance app Long Game, Truist has launched an innovation division that it said will function as “a...

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DLT Payments Joins Techstars Berlin Accelerator
DLT Payments Joins Techstars Berlin Accelerator
November 04, 2022  |  Investments

Web3 payment processing company DLT Payments said it has received $120,000 investment from startup accelerator Techstars Berlin to support its work developing payment solutions for...

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Where Today’s Receipt Data Falls Short for FIs and FinTechs
Where Today’s Receipt Data Falls Short for FIs and FinTechs
November 04, 2022  |  Data

“Receipt level data is the Holy Grail of data.” Wil Schobeiri, chief technology officer at Banyan, told PYMNTS that stock keeping unit (SKU)-level information —...

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Stripe Blames ‘Overhiring’ for 14% Job Cuts
Stripe Blames ‘Overhiring’ for 14% Job Cuts
November 03, 2022  |  Personnel

Stripe will lay off 14% of its workforce, a move the payments company blamed on the “very consequential mistakes” of growing operating costs too quickly...

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Europe VC Dealmaking Slows in Q3, Startups Turn to Buyouts as Markets Cool
Europe VC Dealmaking Slows in Q3, Startups Turn to Buyouts as Markets Cool
November 03, 2022  |  Investments

Despite a continent-wide economic slowdown and comparatively deflated financial markets, Europe is on track to match last year’s record-breaking venture capital (VC) activity, which saw over...

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