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Phos, the UK fintech that offers a software-only POS for smartphones, raises €1.3M

Phos, the UK fintech that offers a software-only POS for smartphones, raises €1.3M

by admin | Apr 8, 2020 | News

Phos, the U.K. fintech that offers a software-only PoS so that merchants can accept payments directly on their phones without the need for additional hardware, has raised €1.3 million in funding. The round was led by New Vision 3, an early-stage VC based in Bulgaria...
MyBuddy.ai, a virtual tutor for kids learning English, raises $1 million seed round

MyBuddy.ai, a virtual tutor for kids learning English, raises $1 million seed round

by admin | Apr 8, 2020 | News

MyBuddy.ai, a startup that develops virtual tools to help kids learn English, announced today that it has raised $1 million in seed funding from LETA Capital. The capital will be used to expand into new markets and develop new features including mini-classes about...
Tesla to cut salaries, furlough workers as COVID-19 shutdowns expected to last until May 4

Tesla to cut salaries, furlough workers as COVID-19 shutdowns expected to last until May 4

by admin | Apr 8, 2020 | News

Tesla will suspend production at its U.S. factories until at least May 4 due to the COVID-19 pandemic, prompting the company to cut pay for salaried employees between 10% and 30% and furlough workers, according to an internal email sent Tuesday night and viewed by...
Australian startup SafetyCulture nabs $800 million valuation on $35.5 million round

Australian startup SafetyCulture nabs $800 million valuation on $35.5 million round

by admin | Apr 8, 2020 | News

SafetyCulture, the Australian enterprise software company that manages security and compliance checks at companies around the world, has raised $35.5 million at an $800 million valuation in its latest round of funding. Nearly half of the new money was meant to provide...
Silicon Valley Bank only started processing stimulus loan applications today

Silicon Valley Bank only started processing stimulus loan applications today

by admin | Apr 8, 2020 | News

In a sign of just how broken the process is for startups looking to receive stimulus dollars, Silicon Valley Bank, the bank that claims “more innovative startups bank with us than any other bank,” only just began processing claims today. “Since the CARES Act and the...
Hong Kong fintech startup Neat raises $11 million Series A to give small companies more banking services

Hong Kong fintech startup Neat raises $11 million Series A to give small companies more banking services

by admin | Apr 8, 2020 | News

Neat, a Hong Kong-based fintech startup, announced today that it has raised a $11 million Series A to help small businesses do cross-border banking. The round was led by Pacific Century Group, with participation from Visa and MassMutual Ventures Southeast Asia, and...
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