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Egyptian startup Convertedin raises $3M, caters to e-commerce brands in MENA and Latin America

TechCrunch

Convertedin , an Egyptian startup that operates a marketing operating system for e-commerce brands, has raised $3 million in a seed round led by Saudi Arabia-headquartered Merak Capital. Other participating investors include 500 Global and MSAS. Hence, the reason why Merak Capital backed the firm. “We

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Andreessen Horowitz leads $43M Series A for Setpoint, which aims to be the ‘Stripe for credit’

TechCrunch

In other words, Setpoint aims to be the “Stripe for credit,” and says it has built an operating system for originators that “makes loan transactions instant, automated and error-free.” It does things like verify and store documents, automate interest rate calculations and digitize assets such as homes. .