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Paystand banks $50M to make B2B payments cashless and with no fees

TechCrunch

The Scotts Valley, California-based company is using cloud technology and the Ethereum blockchain as the engine for its Paystand Bank Network that enables business-to-business payments with zero fees. Specifically, Almond would like to reboot digital finance, starting with B2B payments, and reimagine the entire CFO stack.

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Bielefeld survey highlights an emerging B2B, crypto, deep tech ecosystem

TechCrunch

Our survey respondents pointed out that the region is strong in sectors such as B2B because of the many old-school B2B companies in the manufacturing area. B2B, deep tech technologies. The city is well served by Bielefeld University, which turns out highly qualified CS graduates every year. What are you most excited by?

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Lightspeed and Max Levchin bet on Balance to bring B2B payments into the digital world

TechCrunch

Consumer payments is by no means a solved problem (I’ll trigger one hundred blockchain people if I say otherwise), but it sure as heck a pretty improved one. Then you head over to B2B payments … and you recoil in horror as you migrate away from a utopian future of promise to the ruins of an antiquated past. Photo via Balance.

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TechCrunch+ roundup: Layoffs and H1-B visas, SaaS growth levers, blockchain startup tips

TechCrunch

Considering the number of investors who are all-in on e-commerce, fintech, cybersecurity, cloud infrastructure, crypto and B2B SaaS, a room full of VCs might look like a crowd of Spider-Man clones pointing at each other. 6 tips for launching a blockchain startup. 6 tips for launching a blockchain startup.

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TechCrunch+ roundup: Plaid’s staffing story, RevOps for B2B sales, demo day’s demise

TechCrunch

Use RevOps to develop a customer-led approach to B2B sales. Use RevOps to develop a customer-led approach to B2B sales. . “While it is possible that this could be true in the short term, in the long run, this transition sets the precedent for being able to materially change the underlying protocol,” says Rogers.

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Glow Labs raises seed round to help NFT creators reward their loyal customers

TechCrunch

The NFT market was worth $41 billion at the end of last year — nearly as large as the conventional art market by some estimates — and it’s expected to nearly double in size by the end of 2022, according to a report released this week by blockchain analytics firm Nansen.

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Citi backs Crowdz, a Pipe competitor that just raised $10M for its blockchain-powered invoice financing marketplace

TechCrunch

Payson Johnston and Steven Lee started Crowdz in 2014 after working as B2B supply-chain senior managers for global processes at Cisco. For its part, Pipe came out of the gate with the same SaaS focus but has since expanded to working with non-SaaS companies as well. In 2019, Barclays Bank and Bold Capital Partners co-led a $5.5