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Archive Tag: finance

Mynd raises $57.3M at an $807M valuation to give people a way to invest in rental properties remotely

Mynd, a company that aims to make it easier for parties to buy and succeed single-family rental dimensions, announced today it has raised $57.3 million in funding from QED Investors. The financing ethics the Oakland, California-based company at $807 million, and fetches the company’s total developed to $174.9 million because it 2016 inception. Invesco Real […]

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Just raises $8M in its effort to beat Root at the car insurance game

Just Insure, a pay-per-mile insurance technology company, has raised$ 8 million in a fund round. CrossCut Ventures, ManchesterStory and Western Technology Investment co-led the speculation, which makes its total caused to $15.3 million since its January 2019 inception. Los Angeles-based Just says it use telematics “to reward safe motorists and reduce insurer bias” by looking […]

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UK’s Marshmallow raises $85M on a $1.25B valuation for its more inclusive, big-data take on car insurance

Marshmallow — a U.K.-based auto coverage provider that has made a name for itself in the market by providing a new coming to automobile policy aimed at working a wider set of data points and smart algorithms to net a more diverse set of customers and provide more competitive frequencies — is announcing a milestone […]

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Lessons from COVID: Flexible funding is a must for alternative lenders

Archita Bhandari Contributor Share on Twitter Archita Bhandari is a senior accompany at FischerJordan, a multidisciplinary consulting conglomerate, curing businesses achieve singular precision, gain control and prevail in the marketplace. Deeba Goyal Contributor Share on Twitter Deeba Goyal is an analyst at FischerJordan, curing organizations to exchange complexity for clarity by combining strategy, analytics and […]

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Amazon backs Indian wealth management service Smallcase in $40 million funding

Amazon has entered the financial services and coverage sells of India in recent years. Now it is paving the best ways to foray into the money management category. The American e-commerce giant has backed Bangalore-based startup Smallcase in a $40 million Series C financing round. The round was led by Faering Capital and Premji Invest […]

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Last week, story leaked out that Rivian was planning to build a second US manufacturing plant for its electric vehicles and artilleries, and now more details have seeped out. The company plans to invest$ five billion initially in the second plant, dubbed Project Tera, with interpretation slated to start in the fall of 2021, according […]

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Google parent Alphabet made a whopping $61.9 billion last quarter

After various districts of continuallygrowingrevenue, Google’s parent company Alphabet announced today that it represented $61.9 billion in Q2 2021. That’s a jump of 62 percent from the same period last year, when the organization’s revenue dipped due to the onset of the pandemic. Last fourth, Alphabet announced $55.3 billion in revenue. Clearly, the company has […]

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What we learned from selling a blockchain service to African governments

Mohammed Ibrahim Jega Contributor Share on Twitter Mohammed Ibrahim Jega is the co-founder of Domineum Blockchain Solutions, a serial tech financier, startup consultant, fintech expert and blockchain propose. A major entertainment of Africa is its big person of 1.2 billion, which hints at a sizable addressable market. But what happens when your target audience is […]

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Norway’s electric car subscription service imove closes $22.3M Series A led by AutoScout24

The “subscribe to your car” movement has been taking off in recent years, with the illusion of Fleks in the UK( Europe ), Cazoo( after its buy of Drover ), Care by Volvo Hertz, to reputation really a few. Into this space has appeared imove out of Norway, with what appears, at least, to be […]

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Zoom is buying a cloud call center company for $14.7 billion

After experiencing enormous growth during the COVID-1 9 pandemic, Zoom has originated its first major acquisition by purchasing shadow contact center corporation Five9 for $14.7 billion, it announced. The move will allow Zoom to expand into call center technology worth up to $ 24 billion, diversifying its products once works start returning to the office […]

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