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Startup
WordPress last week secured its position as a top dog in the world of web development when its parent company Automattic announced a $300 million raise at a $3 billion valuation, just weeks after it snapped up Tumblr from Verizon. But true competition never really ends, and today brings the latest development on that front: Duda, which provides a
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- Category: Startup
Read more: Duda nabs $25M to take on WordPress with a web development platform aimed at agencies
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Cairo-based startup MaxAB looks to optimize the supply-chain network for Egypt’s food and grocery retailers.
The B2B e-commerce company raised a $6.2 million seed-investment co-led by Beco Capital and 4DX Ventures. Others co-leaders included 500 Startups, Endure Capital and Outlierz Ventures.
Founded in 2018, MaxAB has built a digital platform to
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Read more: MaxAB raises $6M seed round to optimize Egypt’s B2B grocery markets
Write comment (98 Comments)Cash advances (or simply, loans) continue to be a lucrative area for startups to tackle. By leveraging new AI-based tools to evaluate potential customers, the network effect of the internet and the quick efficiency of digital money transfer, they’re taking on incumbent banks to disrupt a consumer lending market estimated to be worth some $284
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Fidel, the U.K.-headquartered startup that offers an API to let developers build functionality, such as rewards, on top of the major card payment networks, has raised $18 million in Series A funding.
The pretty sizeable round is co-led by U.S.-based fintech funds Nyca Partners and QED Investors . Also participating are Citi Ventures, Commerce VC,
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Manila-based financial tech startup PayMongo has raised $2.7 million in seed funding to give merchants in the Philippines and other Southeast Asian markets simple ways to set up online payments. Investors included Founders Fund, Peter Thiel and Stripe, with participation from Y Combinator (PayMongo is the first Philippine fintech company it has
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Read more: Manila-based payments processing startup PayMongo raises $2.7 million in seed funding
Write comment (99 Comments)Digital identity startup Passbase has closed a $3.6 million seed round, led by Cowboy Ventures and Eniac Ventures, with participation from Seedcamp and other European investors.
The 2018 founded startup bagged a $600k pre-seed round earlier this year for its full-stack identity engine with a privacy twist.
The latest tranche of funding will go on
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Read more: Passbase grabs $3.6M to power privacy-preserving online ID checks
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