Search results for: payments

March 26, 2020 at 05:24PM Google, Amazon, and Microsoft are the landlords. Amidst the Coronavirus economic crisis, startups need a break from paying rent. They’re in a cash crunch. Revenue has stopped flowing in, capital markets like venture debt are hesitant, and startups and small-to-medium sized businessesf are at risk of either having to layContinue reading “Tech giants should let startups defer cloud payments”

May 29, 2020 at 07:28PM In spite of a positive quarter with record revenue that beat analyst estimates, Salesforce stock was taking a hit today because of lighter guidance. Wall Street is a tough audience. The stock was down $8.29/share or 4.58% as of 2:15 pm ET. The guidance, which was a projection for nextContinue reading “Salesforce stock is taking a hit today after lighter guidance in yesterday’s earning’s report”

May 13, 2020 at 11:55PM Small and medium businesses and sole-traders account for the vast majority of businesses globally, 99.9% of all enterprises in the UK alone. And while the existence millions of separate companies, with their individual demands, speaks of a fragmented market, together they still represent a lot of opportunity. Today, a UKContinue reading “UK’s ANNA raises $21M for its SMB-focused business account and tax app”

April 23, 2020 at 04:59PM At a time when more transactions than ever are happening online, payments behemoth Stripe is announcing three new features to continue expanding its reach. The company today announced that it will now offer card issuing services directly to businesses to let them in turn make credit cards for customers tailored to specificContinue reading “Stripe adds card issuing, localized card networks and expanded approvals tool”

April 09, 2020 at 03:05PM Though the effects of the coronavirus pandemic on restaurants has been crystal clear, many forget the impact this disease has had on food chain suppliers. With restaurants closed, these suppliers — who still have access to tons upon tons of food — no longer have customers. Meanwhile, end consumers areContinue reading “Pepper, a platform for restaurants and suppliers, pivots to deliver food to consumers”

March 30, 2020 at 05:33PM Another tech unicorn is feeling the pinch of doing business during the coronavirus pandemic. Today, Kabbage, the Softbank-backed lending startup that uses machine learning to provide speedy and more accurate evaluations of loan applications for small and medium businesses, is furloughing a “significant number” of its US team of 500Continue reading “SMB loans platform Kabbage to furlough a ‘significant’ number of staff, close office in Bangalore”

March 11, 2020 at 04:18PM CRM software accounts for one-quarter of all enterprise IT spend. But ironically, while a lot of money is spent on platforms like Salesforce or SAP to manage incoming calls and outgoing marketing and sales activity, not a lot of attention is given to the issue of how to help the teamsContinue reading “Assembled raises $3.1M led by Stripe to build ‘the operating system for support teams’”

February 19, 2020 at 12:30PM Ordway, a Washington, DC startup, is building a platform to deal with all of the stuff that happens after you make sale. It starts with the order and goes all the way to revenue, however that revenue manifests itself — as a one time payment or a recurring subscription. TodayContinue reading “Ordway lands $10M Series A to bridge gap between sales and finance”

February 05, 2020 at 03:05PM Clear is an early stage startup with a big ambition. It wants to build a blockchain for high-volume transaction systems like payments between telcos. Today it announced a $13 million Series A investment. The round was led by Eight Roads with participation from Telefónica Innovation Ventures, Telekom Innovation Pool ofContinue reading “Clear gets $13M Series A to build high-volume transaction system on the blockchain”

January 28, 2020 at 10:19AM The proliferation of data breaches based on leaked passwords, and the rising tide of regulation that puts a hard stop on just how much user information can be collected, stored and used by companies have laid bare the holes in simple password and memorable-information-based verification systems. Today a startup calledContinue reading “Persona raises $17.5M for an identify verification platform that goes beyond user IDs and passwords”