Stockholm-based fintech startup Bynk, a mobile loan app, has just received €48 million in equity funding from Schibsted and LMK Industri after launching just 18 months ago in 2017. The new investment brings Bynk’s total valuation to €190 million, and Schibsted now owns 32% of the fintech startup.
With Bynk, users can easily request loans of up to €28,000 to finance car payments, home repairs, or weddings, and manage their loans through the app. The loan period is usually between 3 and 12 years, with interest rates falling between 4.95% and 17.55%. #ventureloop#bynk#venture#venturenews#business#startups#money#investors#funding#sweden#fintech#mobile#loan
Toronto-based Sampler has announced the close of a $3 million CAD (US$2.26) Series A round, led by BDC’s Women in Tech fund, Shipfusion, and an unnamed strategic investor. Factory LLC and Standup Ventures also participated in the round, along with follow-on funding from Freycinet Ventures and MaRS IAF.
oronto-based Sampler has announced the close of a $3 million CAD Series A round, led by BDC’s Women in Tech fund, Shipfusion, and an unnamed strategic investor. Factory LLC and Standup Ventures also participated in the round, along with follow-on funding from Freycinet Ventures and MaRS IAF.
Sampler works with CPG companies like L’Oréal, Unilever, Nestlé, and Henkel to create and manage product sampling programs to generate engagements like consumer trials and online reviews. These programs require Sampler to physically deliver products to consumers at a 1:1 level, something that is both expensive and difficult to scale.
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I’m so excited! @jessicaherrin will be on the Today Show this morning. She is the CEO and founder of EVER and the Stella & Dot family of brands. I had the honor of spending a weekend with her at Thrive Leadership Conference. She is exactly who she says she is. Her confidence and excitements contagious and I am a better person for having the opportunity to learn from her.
These are her words from her Facebook post yesterday. Take notes! "I’m prepping to give advice to people who want to start a business! Going from zilch to something impactful takes a lot of dreaming and doing- there is a lot of advice to offer- more than a 4-minute segment can cover!
But here’s the ONE thing you really need to know. It starts with NOTHING. This includes zilch in confidence, connections, time, support from others, formal education, money or some imagined innate talent you think is necessary.
To grow a business, you grow yourself. No matter where you come from or the odds and obstacles the world hurls your way.
Do not look at someone who has made something of themselves that you admire and think for a split second they are any better than you- or frankly, had it any easier!
They may be different, for sure, but not better. YOU have superpowers, and you can develop them, and use them!
There were many times in my life when I seemed least likely to succeed. School, relationship, job. All of it. When I wanted to create Stella & Dot because I was so passionate about helping other women start their own gigs, I felt like a MAJOR underdog. I didn’t have the knowledge, or extra money, time or energy! It was my second company, but I hadn’t sold my other e-commerce business yet, and future money doesn’t pay the bills! I had a full-time job and was pregnant. I had no idea what I was doing. No reasonable person would have bet on me. Just one crazy one- me. Crazy enough to believe I could be self-made. Whatever I lacked, I could hustle and grow.
Don’t STOP when you feel too small for big dreamsl We ALL start small, but if we work at it, we grow. We make something of our own lives. We are self made." #qotd#inspiration#motivation#jessicaherrin#helloextraordinary#startup
1 141 hours ago
New Delhi-based online lending startup Ziploan has raised INR 90 Cr ($12.6 Mn) in its Series B funding round which was led by venture capital company SAIF Partners. Existing investors including Matrix Partners India, Waterbridge Ventures and Whiteboard Capital also participated in the round.
According to the startup, the new funds will be utilised for developing its business and expanding its offerings in the cities where it is already present, an ET report said. Currently, Ziploan services are available in Delhi NCR, Mumbai, Indore, Lucknow, Dehradun and Jaipur. The funds will also be used to ramp up its tech and sales team.
Ziploan was founded in 2015 by Kshitij Puri and Shalabh Singhal. It provides collateral free short term loans to Medium and Small and Medium Enterprises (MSMEs). The loan amount provided by the startup ranges from INR 1 Lakh ($1,399) to INR 5 Lakh ($6,998) for a time period of 6-24 months.
The startup, which has non banking financial company (NBFC) licence from RBI, has partnered with IDFC First Bank, IndusInd Bank, Northern Arc, MAS Finance and Caspian Finance to offer loans.
Bingham Ground Services install Multi Use #GamesAreas, or #MUGA’s for short, to suit varying #budgets and #performance criteria. We can help you #design your new games area and also provide ideas of where to gain #funding from.
The surfaces we use vary from sand filled which is the most popular to 3G rubber filled which require more upkeep following installation.
Get in touch for any initial advice when considering a new facility or re surface of an existing.
These areas can be ideal in #primaryschools as kick about areas especially in the winter months when the field is out of bounds.
0 42 hours ago
So proud of Antescofo whose €4 million fundraise has been announced today 🎉🎉 It is a privilege to back you alongside @daphnipolis, Nobuyuki Idei and @YannLeCun as you revolutionise how musicians practice, putting an orchestra in the pocket of musicians worldwide! 🎻🤖🚀 Congratulations Arshia, Philippe, José and Laurent. We cannot wait to see what the future holds for your team and your leading-edge, AI technology.
We implore you to donate 1000 Naira monthly in 2019 to Freedom Foundation.
Our goal is to get 1000 donors to give monthly in order to admit more beneficiaries and transform more lives in our rehabilitation centers.
429 people have been rehabilitated under Freedom Foundation so far but we still need your help with funding.
The process is simple. - Donate at least N1000 to FCMB 0608092013
- Send us your picture and get your donor badge
- Post your donor badge and tag 5 friends to support us by giving
We encourage you to not only give but to also share and help us reach our fundraising goal of 1000 donors every month.
Support us by giving just 1000 Naira every month in 2019
We challenge you to pledge to give at least 1000 monthly in 2019
Thanks for your support.
It was a pleasure to attend the launch of India Innovation Program 2.0 @iigp_2.0 at Taj Vivanta on the 19th of February’19.
An esteemed panelist of industry experts namely Mr.Biswajit Chakraborty, Director FICCI, Dr.Anita Gupta, Associate head, Dept. of Science and Technology, Govt. of India, Dr.Larry Schuette, Director of Global S&T management, Lockheed Martin, Mr.Manoj Kumar, Head- Institution, Innovations & Entrepreneurship, Tata Trust, Mr.R.Varadarajan, Controller, Indo-US Science & Technology Forum had given an insight to the program.
As a student, I understand the need of the exposure to programs that fosters growth in innovation and technology. India Innovation Program, as the name suggests has university level programs that allows students to submit their ideas related to innovation in social, technical domain which if selected shall get funded and also get mentored by industry experts to incubate their ideas into an operational start up.
To register, Please go to the website : www.indiainnovates.in
Last date of application : 21st of April’19
Lastly, grateful to Dr.Amrita Ganguly Ma’am for giving us such wonderful opportunities and guiding us every step of the way.
0 283 hours ago
Really bad picture of the kids to-do list this morning while I try to get some work done - have to get a funding application in for tomorrow 🤦♀️. If you work from home - what do you do over mid-term with the kids and stay on top of work? I don’t want them to watch tv alllllllll day so looking for some inspiration!! Btw - I’ve written the list - doesn’t mean it’s actually going to happen 🙄!
Singapore-based anime tech startup BlockPunk today announced a S$1.3 million (US$957,000) seed funding round led by seed-stage venture firm SeedPlus.
The round was joined by SGInnovate, Hustle Fund, Entrepreneur First and Japanese printing giant Dai Nippon Printing Co., Ltd with whom the startup has a strategic partnership.
In a press statement, the startup said that the funds will be used to expand its engineering team and develop product.
BlockPunk is a platform that enables creators to turn their digital artwork into “scarce” collectible merchandise.
The platform uses blockchain to create proof of authenticity and a new source of income for creators.
Ericka Woods is a proud Detroiter that’s been volunteering and contributing to her community for over a decade.
Ericka is a Positive role model whose contributions encourage others and have helped so many. Ericka has facilitated several donation drives to benefit children and the homeless population. Serving the homeless in the city of Detroit is Ericka’s number one passion along with motiving and proving support to mothers all over.
Ms. Woods has also dedicated herself to the professional development of her non profit organization 1Mother2Another who’s mission is to inform,motivate,support and empower mother's through social media discussion groups,workshops and community volunteerism. Ericka is now looking for help finding a permanent building where women can come and grab items they need along with resources and support. #1mother2another#founder#ebonywomenup#hiltoncelebrates#effenvodka#detroit#313detroit#detroitmichigan#helpingothers#goodgoesround#theellenshow#funding
2 193 hours ago
AiSensum, an AI and big data analytics company with presence in Singapore, Jakarta, and Bangalore, announced today that it has received seed funding from 500 Startups. The amount raised is unrevealed.
Launched in February 2018, AiSensum designed an analytics platform called OctoPi, which essentially is an Artificial Intelligence/Machine Learning driven platform that creates additional revenue streams for enterprises and startups through Data Monetisation Partnerships.
With OctoPi using NLG (Natural Language Generation), AI algorithms will generate insights on the data assets in addition to providing advanced analytics. This gives companies in telco, retail, pharmaceutical, and finance sector a critical business intelligence, all accessible in an interactive dashboards
The dashboard is designed to showcase insights such as market share, trend analysis, price elasticity, promotion effectiveness, customer segmentation, white space discovery, and other key parameters that are reflective of customer buying behaviour.
AiSensum leverages on its partnership model to open up information to the data assets of telco, retail, pharmaceutical, and finance industries and in the future look to merge these assets and democratised the analytics.
AiSensum was founded by Vivek Thomas and Rajiv Lamba, both have 15+ years of experience in Marketing Research and Technology in South East Asia.
Join us this Wednesday for an exciting talk by CEO Bhavin Turakhia, who will discuss how he built a billion dollar business with zero funding! The talk will be at St Anne's College starting at 18:00! #oxforduniversity#business#finance#economy#funding
The value of TheFactory network lies long after the program finishes as we keep connecting and introducing our alumni to relevant partners and customers.
Are you a proptech that looking for partner and funding? Apply to our proptech accelerator within 17 March
1 1921 hours ago
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Be intentional about what you’re doing. Feed yourself!
18 7353:03 PM Feb 3, 2019
I’m sure we’ve all been there! We’re discussing all of this and more on our new podcast Econix Talks! Check us out on iTunes 😎
Before Amazon drops packages on your house from the air, drones may start to transform air cargo. #Holded
7 6633 hours ago
TAG ALL VCS: Consumer Technology Association @cta will invest up to $10 million in venture firms and funds focused on underrepresented founders, women-led startups, and diverse leadership teams. The online questionnaire is due by Friday, February 22, 2019. Tag everyone in your network!
Self-driving car startup Aurora just scored more than $530 million in funding — and Amazon is in on the action. "We are always looking to invest in innovative, customer-obsessed companies, and Aurora is just that," Amazon told CNBC in a statement. "Autonomous technology has the potential to help make the jobs of our employees and partners safer and more productive, whether it's in a fulfillment center or on the road, and we're excited about the possibilities." It’s unknown how much Amazon invested in the startup, but putting money into self-driving vehicles could help curb its delivery costs, which exceeded a whopping $27 billion in 2018.
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✨ SPEAKING OF ✨ we’re so excited to be featured on fellow female founder @theformerly money talks series this week!! 💲💵 check out the link in our bio to read all about our self-funding journey with blankbox, spending habits (and that one weakness we can’t shake!), and how we keep our personal finances in ✔️ (hint: can you guess which of us two finance enthusiasts is better at the last one? 🙃)