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Why CIOs back API governance to avoid tech sprawl

CIO

But APIs do more than support next-generation technologies — they already serve a foundational purpose within most enterprises. As enablers for the integration of data and business services across platforms, APIs are very aligned with current tech trends,” says Antonio Vázquez, CIO of software company Bizagi.

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Founders of well-funded Egyptian B2B startup Capiter fired following fraud allegations

TechCrunch

Last September, Egyptian startup Capiter raised $33 million in Series A funding to compete in the country’s growing B2B e-commerce and retail space. Another publication stated the founders had not been reporting to the board, its representatives and shareholders during on-site in-person due diligence for a potential merger. .

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Peeba raises $4.2M to digitize Asia’s B2B wholesale market  

TechCrunch

Over the past two years, Asia’s retailers were forced to do virtual meetings instead of visiting in-person trade shows or conferences to source new brands and products due to the pandemic lockdowns. The startup has secured $4.2 million in seed funding led by Headline Ventures. The new round of funding brings its total raised to $5.8

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Fintech Roundup: Due diligence makes a comeback and a former Better.com employee speaks out

TechCrunch

Investors appeared to be backing some startups in part due to FOMO, and that’s not necessarily a good thing. It’s an absolutely different environment from Q4 of last year,” he said, “not just in terms of the level of diligence but also, in the access to capital. And in his view, and mine quite frankly, that’s not a bad thing.

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MaxAB, an Egyptian B2B e-commerce platform for food and grocery supplies, nabs $40M

TechCrunch

Last year, MaxAB , the food and grocery B2B e-commerce and distribution platform serving a network of traditional retailers across Egypt and Morocco, raised its $55 million Series A in two tranches ; the latter accompanied its acquisition of the Morocco-based and YC-backed WaysToCap. For MaxAB, that’s its sweet spot.

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TrueBiz aims to help financial services providers onboard business customers faster, avoid fraud

TechCrunch

Due diligence was a big topic in 2022 for a variety of reasons. But due diligence doesn’t just apply to investors pouring money into startups, or companies acquiring other companies. We do this by automating the review of a business’s online and offline footprint,” Hakimian told TechCrunch in an interview. “We

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Anchor gets $15 million seed funding to expand its B2B autonomous billing solution

TechCrunch

Today marks the beginning of the next payments revolution, making existing B2B payment processes obsolete, and redefining what billing, collections and payments should look like in the modern world. But these challenges can be eliminated using technology.

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