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Smile Identity expands African footprint with acquisition of Appruve to strengthen ID verification services

TechCrunch

Smile Identity , a KYC compliance and ID verification partner for many African fintechs and businesses, has acquired Inclusive Innovations, the parent company of Appruve , a Ghanaian developer of identity verification software. We want to add that depth in more markets, and Appruve gives some of that.”

Fintech 363
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Startup Speed Is Sine Qua Non For Startup Success. Here’s How To Achieve It.

Crunchbase News

Development pace: Is code typically shipped in days/weeks, or does it take months/quarters? Communication flow: How fast do important developments/results travel throughout the entire organization? Team deterioration: Losing top talent to more dynamic organizations. Market position loss: Being outpaced by faster competitors.

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South African payments gateway Ozow raises $48M Series B led by Tencent

TechCrunch

Unlike other African countries, South Africa also has a functioning credit system with the prevalent use of credit cards. At the time, most fintechs and banks did not recognize the need for using bank payments to facilitate online transactions. African startups join global funding boom as fintech shines.

Banking 269
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Daily Crunch: Kurtosis raises $20M Series A to give web3 developers ‘a place to play around’

TechCrunch

Tooling around : Two years ago, two former Palantir engineers started Kurtosis, a crypto-focused developer tool system, and have now raised $20 million in fresh funding to hire a team to get a new product out in the next year, Jacquelyn reports. Diving into due diligence. The road to an LOI. Bringing in bankers.

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Ex-Uber software engineers raise $3M for Sperta, a 6-month-old startup that wants to help fintechs better manage fraud risk

TechCrunch

Working together at Uber’s risk team, Yifu Diao and Ming Fang came to realize that with the hypergrowth the company was seeing came fraud challenges. When Fang joined Uber’s risk team in 2016, there was a need to use Mastermind at dispatch time — when drivers and riders are matched.

Fintech 204
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How Pariti is connecting founders with capital, resources and talent in emerging markets

TechCrunch

” So , how is the team at Pariti setting out to solve these problems? Pariti then assesses each company across more than 70 information points ranging from the team and market to product and economics. In a nutshell, Pariti helps founders connect with affordable talent, access capital and develop their businesses.

Resources 251
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TechCrunch+ roundup: Zero-day exploits, breaking into Japan, algorithmic VC investing

TechCrunch

We work with contributors to develop guest posts that will help TechCrunch+ readers solve actual problems, so it’s always a delight to present a comprehensive “how to” article. In this case, Barnabas Birmacher, CEO of Platform as a Service company Bitrise, shared the lessons he learned as his team attempted to enter Japan.