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Butter raises $7M to end ‘accidental’ customer churn due to payment failure

TechCrunch

It was there that he realized there was an astounding number of subscriptions that failed to renew or even go through to begin with due to payment-related issues. Ultimately in 2016 alone, he helped the company recover over 10 million Xbox Live subscriptions, which resulted in over $100 million in recovered revenue. to $5 million.

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What is a liquid neural network, really?

TechCrunch

The initial research papers date back to 2018, but for most, the notion of liquid networks (or liquid neural networks) is a new one. It was “Liquid Time-constant Networks,” published at the tail end of 2020, that put the work on other researchers’ radar. Everyone talks about scaling up their network,” Hasani notes. “We

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

TechCrunch

One of the startups working toward this vision is Zimbabwe’s FlexID, which is building a blockchain-based identity system for those excluded from the banking system due to their lack of identity documents. million in 2016. The number of bank accounts in the country stood at 1.5 million in 2020. million in 2020.

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Nigerian fintech of the unbanked Bankly raises $2M led by Vault and Flutterwave

TechCrunch

Founded by Tomilola Adejana and Fredrick Adams in 2018, Bankly is digitizing the informal thrift collections system known with different names such as esusu or ajo in Nigeria. In the absence of a banking system nearby or a disregard for one, the unbanked resort to these traditional systems because they work completely offline.

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

TechCrunch

But here’s the challenge: While both systems tend to work well when users make transactions within their unique environment, there’s no interoperability for transactions between them. Dash’s alternative payment network brings together this mobile money and traditional banks and facilitates transactions for consumers and businesses.

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Artificial Intelligence – A Guide for Thinking Humans

Henrik Warne

But lately I have been playing around with a very simple neural network in Python. Seeing a neural network that starts with random weights and, after training, is able to make good predictions is almost magical. However, at the same time I don’t see the network as intelligent in any way.

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What minority founders must consider before entering the venture-backed startup ecosystem

TechCrunch

Venture funding does remain elusive , but here are some tricks for startup founders to hack the system. Realize you are up against an outdated system. It is usually not given all at once due to what I consider to be a lack of trust. There is no science to it; leverage your network and reach out to people over LinkedIn, too.