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UK pension startup Smart banks $95M

TechCrunch

Founded out of London in 2014, Smart emerged in the wake of the U.K. Smart does this via a retirement savings technology platform that it has built, called Keystone. UK pension startup Smart banks $95M by Paul Sawers originally published on TechCrunch

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Airwallex raises $200M at a $4B valuation to double down on business banking

TechCrunch

Business, now more than ever before, is going digital, and today a startup that’s building a vertically integrated solution to meet business banking needs is announcing a big round of funding to tap into the opportunity. It was 2014, and Airwallex got attention from VCs early on in part for being in the right place at the right time.

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Feeding America turns to data to feed the hungry

CIO

One organization, Feeding America, the country’s largest domestic hunger relief organization, is turning to information technology to help, having hired three years ago its first IT chief to transform how its network of 200 food banks serve the food insecure. Those food banks also have varying levels of technology acumen.

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FlexID gets Algorand funding to offer self-sovereign IDs to Africa’s unbanked

TechCrunch

Startups like FlexID remind us that distributed ledger technology has the potential to play other roles, including offering trusted records of identities without the need for a centralized authority. More than 60% of adults in sub-Saharan Africa are unbanked, according to World Bank estimates for 2021. million in 2016. million in 2020.

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Ghanaian fintech Dash raises $32.8M seed to build connected wallets for Africans

TechCrunch

They are responsible for communication between banks and fintechs to settle transactions for consumers and businesses swiftly. Telecoms and banks lead the majority of online financial transactions carried out in the region via mobile money wallets and bank accounts. It doesn’t aim to replace mobile money or banks.

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Brazilian fintech infrastructure company Dock closes on $110M in funding, now valued at over $1.5B

TechCrunch

Companies that offer banking as a service and help other businesses offer their own financial services and products in particular continue to rake in the dollars. In 2014, Riverwood Capital and Antonio Soares — who now serves as Dock’s CEO — bought out 100% of Conductor and essentially created the company that is Dock today.

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After selling his last startup to Google, this founder now wants to automate mundane tasks with Relay

TechCrunch

Some seven years after selling his previous company to Google, Jacob Bank is preparing to launch his next project, this time with a focus on automating mundane, repetitive tasks. “We’re targeting organizations that are between 30 and 500 [workers] in size, and most of our early design partners are tech companies,” Bank said.