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“Is Qonto a real bank?” is one of the top suggested questions in Google searches about the French fintech startup. The answer is no, but it could change: Qonto has filed for a banking license in France, CEO Alexandre Prot revealed. Qonto, which targets European freelancers and SMBs, currently operates with a payment institution license … Read more
Uber is entering India’s growing B2B logistics market by extending its partnership with the Indian government-backed nonprofit that aims to break the domination of the e-commerce duo Amazon and Walmart-backed Flipkart and widen digital commerce in the South Asian nation. On Monday, the ride-hailing giant announced it will soon launch its B2B logistics service through … Read more
When Deepankar Rustagi last raised money for OmniRetail in 2022, excitement was high for African startups addressing the supply chain and operational challenges in the fast-moving consumer goods (FMCG) sector. At one point, these startups received more capital than all sectors, except fintech. Recently, though, the industry’s enthusiasm and venture capital’s interest have faded, as … Read more
Emergence Capital has closed its $1 billion seventh fund, it reported on Tuesday It’s the firm’s first raise in nearly four years. In May 2021, the San Mateo, California-based venture firm rounded up nearly a billion dollars in capital commitments across two funds. At that time, it closed its sixth early-stage fund with $575 million; … Read more
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Internal customer support platforms are moving from platforms like email ticketing systems and chat to channels like Slack, Microsoft Teams, and even Discord. But with Slack, for instance, able to host hundreds of channels, the whole thing can become quite unwieldy. Plain, out of the UK, thinks it has the answer. Its API-first platform consolidates … Read more
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