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Founders of well-funded Egyptian B2B startup Capiter fired following fraud allegations

TechCrunch

Last September, Egyptian startup Capiter raised $33 million in Series A funding to compete in the country’s growing B2B e-commerce and retail space. Another publication stated the founders had not been reporting to the board, its representatives and shareholders during on-site in-person due diligence for a potential merger. .

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7 investors reveal what’s hot in fintech in Q1 2023

TechCrunch

However, it appears that even though VCs are proceeding more cautiously than before and taking their time with due diligence, they are still investing. Spoiler alert: B2B payments and infrastructure remain on fire and most investors expect to see more flat and down rounds this year. What do you feel might be overhyped?

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Zonos banks $69M to develop APIs for democratizing cross-border commerce

TechCrunch

Checkout is the key to frictionless B2B e-commerce. Even if someone chooses not to purchase the item due to the fees being too high, MacLean believes the purchasing experience will be different because the pricing and shipping information was provided up front. There may be a small decrease, but a longer lifetime value with customers.

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Accord, which offers a platform to manage sales processes, secures $10M

TechCrunch

Accord , a collaboration platform designed to support business-to-business (B2B) sales, today announced that it raised $10 million in Series A funding from Matrix Partners, Nat Friedman and Y Combinator. “We started Accord to solve frustrating challenges in B2B sales,” Ross told TechCrunch in an email interview.

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Slope brings on new CFO, customers, capital as it rises to offer businesses buy now, pay later

TechCrunch

Slope takes in first capital with visions of being ‘Stripe for global B2B payments’. and Mexico, and B2B merchant partners include PlastiQ, Frubana, Meru.com, Blue Pallet and Go4U. It has a small team of eight right now and plans to grow that to 30 over the next five months. We believed this was missing in the B2B category.

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How Antler East Africa is building early-stage startups with experienced professionals

TechCrunch

” It helps founders build complementary co-founding teams, provides support with deep business model validation and a global platform for scaling their businesses. After six months of incubation, the firm invests in the teams they can help further. To date, Antler has invested in and helped build over 250 companies.

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How Pariti is connecting founders with capital, resources and talent in emerging markets

TechCrunch

However, a Kenyan B2B management startup founded by Yacob Berhane and Wossen Ayele wants to close the gap on three of the six factors — access to capital, knowledge, and talent. ” So , how is the team at Pariti setting out to solve these problems? So basically anywhere that doesn’t have a mature, healthy startup ecosystem.”

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