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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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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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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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The 10 Biggest Rounds Of February: Saronic And NinjaOne Lead Big Month

Crunchbase News

However, the need has only increased as many people work outside an office and with a variety of networks and devices. Founded in 2016, Apptronik had previously raised $28 million, per the company. Harvey develops AI tools that help legal pros with research, document review and contract analysis.

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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.

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Alerzo raises $10.5M Series A to bring Nigeria’s informal retail sector online

TechCrunch

Early investors include the Baobab Network, an Africa-focused accelerator based in London, and Signal Hill, a Singapore-based fund manager that participated in its $5.5 Alerzo claims to have built up a network of up to 100,000 small businesses, 90% of which are women-led. FJ Labs and several family offices from the U.S.,

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