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Allocate banks $5M to open up venture capital fund access

TechCrunch

Then Yang joined Kaji at First Republic Bank to work together and continue the conversation. The company is pre-revenue and said it will use the new funding to build out its product and make some key hires over the next year as it gears up for a formal software product launch at the end of the year.

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YC W22 batch nets 24 African startups, including 18 from Nigeria

TechCrunch

Abdigani Diriye, Khalid Keenan and Youcef Oudjidane, the other co-founders, have combined experience across engineering, investment banking and venture capital. Founders : Alphas Sinja, Boya’s chief executive officer, has over eight years of experience in the banking and finance sectors. Unlike the U.S. Website : [link].

.Net 228
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Customer experience startup Clootrack raises $4M, helps brands see through their customers’ eyes

TechCrunch

Getting inside the mind of customers is a challenge as behaviors and demands shift, but Clootrack believes it has cracked the code in helping brands figure out how to do that. The company is currently working with over 150 customers in the areas of retail, direct-to-consumer, banking, automotive, travel and mobile app-based services.

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Healthie lands $16.5M to build the Stripe for virtual patient care

TechCrunch

The idea of starting Healthie , a software company meant to help healthcare companies and startups handle back-office operations, came to founder Erica Jain after witnessing her parents struggle with weight loss but lack of access to a comprehensive care team. million and will use this round’s funds to continue developing their software.

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Banyan wants to unlock financing for a (more) sustainable future

TechCrunch

These are usually smaller deals — typical commercial and industrial deals are between $1 million and $5 million — where financing comes from more distributed sources, which means that the time required to coordinate them and perform due diligence is sizable.

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What goes up must come down

TechCrunch

Months after acquiring gamified finance mobile app startup Long Game, Truist Financial Corporation has introduced the Truist Foundry, an innovation division that it says “will function as a startup within the bank.” The goal will be to deliver “game-changing projects” and serve the bank’s lines of business.

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Agentic AI: Decisive, operational AI arrives in business

CIO

A recent study from Capgemini found that 75% of organizations surveyed are looking to use AI agents in software development, making it a top early use case. Agentic AI will also drive the evolution of other specialized AI tools, he adds, including TuringBot agents, which can generate software code.