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SMB neobank Nearside, formerly known as Hatch, gets $58M Series B led by Valar

TechCrunch

Hatch, a neobank for SMBs, launches with $20M in funding from investors like Kleiner Perkins, Foundation Capital and Plaid’s founders. Nearside offers business checking accounts with no monthly, overdraft or ATM fees, as well as a universal 1% cashback reward program that it says is a first in the SMB online banking space.

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WizeHire lands fresh cash to expand its SMB-focused hiring platform

TechCrunch

WizeHire , a hiring service for small- and medium-sized (SMB) businesses, has raised $30 million in a Series B funding round led by Tiger Global with participation from Amplo and Mercury. “For our customers, the pandemic has further shed light on a need for recruiting and hiring technology,” Upadhyay told TechCrunch via email.

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Ureeka taps Kevin O’Leary (AKA Mr. Wonderful) to launch SMB curriculum

TechCrunch

Ureeka , an SMB mentorship platform for next-wave entrepreneurs, has today announced the Kevin O’Leary Bootcamp , which will offer members access to an exclusive curriculum of his knowledge and advice. SMB mentorship platform Ureeka raises $8.6M, will facilitate grant programs for Facebook, Salesforce.

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Daily Crunch: Meta backs SMB e-commerce app launched by former Facebook engineering manager

TechCrunch

TechCrunch+ is our membership program, which helps founders and startup teams get ahead. Ride-hail loyalty comes at a price : Uber is phasing out its free loyalty program in favor of its subscription-based Uber One membership, Rebecca reports. ” The subscription pie is getting bigger: How to leverage usage-based billing.

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Human Interest raises $200M at a $1B valuation, plans for an IPO

TechCrunch

Less than six months after raising $55 million in a Series C round of funding, SMB 401(k) provider Human Interest today announced it has raised $200 million in a round that propels it to unicorn status. The 401(k) for SMB space is heating up as of late. Additional details around the IPO and revenue were added post-publication.

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Greece’s Viva Wallet raises $80M for its neobank targeting small business merchants

TechCrunch

If you think that the world of neobanks is very crowded — and that specifically neobanks focused on the SMB opportunity is also getting crowded (some of the other contenders include Finom , Wise out of the U.S., The funding will be used in part to build out its loans program but also to expand areas where Viva Wallet is already strong.

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Insurtech startup Obie raises $10.7M Series A led by Battery Ventures

TechCrunch

Chicago-based Obie — which also went through the Y Combinator program — says its platform stands out because it offers instant quotes (by instant, they mean in about three to five minutes). Generally SMB landlords have been ignored in the market, and there’s 11 million of them,” Aaron said.

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