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FloBiz raises $31 million to scale its neobank for small businesses in India

TechCrunch

India, the world’s second-largest internet market, is home to millions of small- and medium-sized businesses. In order to power the SMB economy with technology, one needs deep understanding, instinct and empathy for this audience,” said Tejeshwi Sharma, managing director of Sequoia Capital India, in a statement.

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Melio raises $110M on a $1.3B valuation to bring B2B payments for SMBs into the 21st century

TechCrunch

Payments for consumers have made a huge shift to the online world in the last year, a time when they have moved more of their purchasing to the internet to minimize in-person transactions in the midst of a virus-based health pandemic. “They are too overwhelming for SMBs,” he said. The SMB is underserved. ”

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It's 2022. Why do you keep using SMB?

Ivanti

During the last 25 years, companies have relied on SMB protocol to allow them to collaborate and centralize corporate documents. The history of SMB (and why it's no longer relevant). The latest iteration, SMB 3.1.1, also made secure negotiation mandatory when connecting to clients using SMB 2.x Server Message Block?(SMB)

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Chip-to-Cloud IoT: A Step Toward Web3

DevOps.com

This problem can be attributed to the widespread adoption of the internet-of-things (IoT) and the Windows Server Message Block (SMB), and neither can be avoided in the […]. During the first six months of 2021, IoT devices were breached 1.51 The post Chip-to-Cloud IoT: A Step Toward Web3 appeared first on DevOps.com.

IoT 141
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UK’s MarketFinance scores $383M to fuel its online loans platform for SMBs

TechCrunch

Barclays is a strategic investor: MarketFinance powers the bank’s online SMB loans service. The range of companies tapping into this is potentially as vast as the internet itself. Italian bank Intesa Sanpaolo S.p.A. Other investors in the startup include Northzone.

SMB 211
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With $67M in new capital, NorthOne is doubling down on SMBs as some fintech companies pull back

TechCrunch

The startup’s go-to-market strategy surprisingly relies less on the internet than one might expect. While the company, which does not yet have a sales team, does use the internet for leads, it also holds in-person event series in various cities around the country where it offers educational content to small business owners.

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Tiger Global is earning its stripes in Africa

TechCrunch

Of this lot, five were African startups: payments unicorn Flutterwave , credit-led neobank FairMoney , open finance startup Mono , card-issuing API Union54 and SMB credit provider Float ; Float’s round was announced in January but closed in late 2021.

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