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So much fintech M&A

TechCrunch

On Friday, January 13, investment giant BlackRock announced it was acquiring a minority stake in SMB 401(k) provider startup Human Interest. For one, as one source told me, BlackRock’s investment is a show of faith in the SMB 401(k) market — one where the firm hasn’t historically played. But what’s the end game?

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TechCrunch+ roundup: Optimizing acquisition, parental leave tips, riding the downturn express

TechCrunch

According to Caroline Hogan, senior director of vendor marketing at Gartner Digital Markets, this means companies can boost growth and revenue just by studying buyer decision patterns. Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription. Full TechCrunch+ articles are only available to members.

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South Korean HR automation platform flex raises $32M Series B at a $287M valuation

TechCrunch

It also plans to launch performance review and talents relation management tools in the first quarter of 2022. . “At We believe HR teams deserve world-class software to manage and service their employees, but today it’s clear that many organizations still use spreadsheets or legacy products to make ends meet, said Haenam Chang, CEO of flex.

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Robco links up with $14M led by Sequoia to bring modular robotics to industrial SMBs

TechCrunch

In short, SMBs might need to scale up productivity at times but — either due to the economics of the need, or labor shortages, or both — are unable to hire people to fill those jobs on a permanent basis. We are not selling robots nor software.

Industry 256
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Factorial adds $120M and doubles valuation to $1B to build enterprise-quality HR for SMBs

TechCrunch

Small and medium businesses, long overlooked in the building of innovative technology, have lately become a key focus in the world of B2B software. While developed markets like the U.S., While developed markets like the U.S., Our market share is ridiculously small and it’s mostly greenfield.”

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

TechCrunch

We were built — by definition — to serve the smaller part of the small business market,” COO Adler added. A lot of folks are moving really aggressively toward that top side of the market — like a Fortune 500 company or a VC-backed startup, but the fact of the matter is that both of those markets are really niche,” said COO Adler.

Fintech 246
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Tapcart, a ‘Shopify for mobile apps,’ raises a $50 million Series B

TechCrunch

Beyond the mobile app creation aspect to its business, Tapcart also helps merchants automate their marketing. The marketing campaigns can be automated, as well, which helps merchants schedule their upcoming launches and product drops ahead of time. Image Credits: Tapcart. Image Credits: Tapcart.

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