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Virtual HQs race to win over a remote-work-fatigued market

TechCrunch

In retrospect, 2019 feels like the working world’s last dance with spontaneity. By drawing on multiplayer gaming culture, the startups are using spatial technology, animations and productivity tools to create a metaverse dedicated to work. Succulents and spatial technology. The biggest challenge ahead? So far, it has raised $1.5

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Payments, lending and neobanks rule fintechs in emerging markets, report says

TechCrunch

Tech investments in emerging markets have been in full swing over the past couple of years and their ecosystems have thrived as a result. Some of these markets like Africa, Latin America, and India, have comprehensive reports by publications and firms on trends and investments in their individual regions. billion, per the report.

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Nigerian digital bank Carbon hit $240M in payments processed last year, up 89% from 2019

TechCrunch

Posting audited financials can prove detrimental for a private African company for several reasons ranging from bad marketing and PR if huge losses are incurred to regulatory clampdown if the company performs well. million VC-backed company, Carbon was founded by Chijioke Dozie and Ngozi Dozie in 2012.

Banking 291
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M-KOPA raises $75M as it clocks 2 million customers across four African markets

TechCrunch

A 2019 World Bank report says 85% of Africans live on less than $5.50 The company, which enables underbanked customers in select African markets to access a broad range of products and services without collateral or a guarantor, announced today that it has raised $75 million.

Marketing 351
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The air taxi market prepares to take flight

TechCrunch

A quick peek at comments and posts on LinkedIn reveals squabbles among industry insiders and analysts about when this emerging technology will truly take off and which companies will come out ahead. million, though, of course, neither company has brought a product to market yet. Other disagreements have higher stakes.

Marketing 277
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The hyperactive open banking market of Latin America: How the region is being APIfied

TechCrunch

But with the region’s thirst for innovation, the market is expected to expand nearly tenfold over the next decade, with open banking through the use of APIs leading the way and acting as digital transformation facilitators. Fintech regulations in Latin America could fuel growth or freeze out startups.

Banking 283
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Taking advantage of Latin America’s market downturn

TechCrunch

As a banker covering technology, I thought there was an opportunity to invest in the region and decided to quit my job at J.P. By March 2019, we had launched SoftBank in Latin America with an initial commitment of $2 billion, which was worth more than the entire industry at the time. Morgan and give it a shot.

Marketing 238