Tag: startups

German Fintech Vanta Chooses Marqeta to Launch Credit Card for German Startups

Powered by Marqeta’s modern card issuing platform, Vanta develops its next generation card offering in just three months.

Marqeta, the global modern card issuing platform, today announced that it has helped Berlin based fintech, Vanta, launch its next generation credit card for startups – the first of its kind in Germany. Using the Marqeta platform, Vanta was able to quickly build its credit card offering in just three months, providing startups with a one-stop solution for obtaining credit.

Marqeta’s instant card issuing capabilities will give Vanta customers access to an unlimited number of physical and virtual cards for employees and departments. Once signed up, businesses can start issuing cards to employees within seconds, allowing startups to access capital at short notice for a range of purposes. Using Marqeta’s platform, Vanta customers have the flexibility to set spending controls and limits on individual cards, allowing its customers to gain real-time control

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Introducing JC ALGO, a venture capital firm dedicated to raising capital for promising projects and start-ups

(MENAFN – GetNews) JC ALGO is a Canadian venture capital firm dedicated to raising capital for projects and startups that significantly impact people, society, and the environment in emerging markets.

JC ALGO’s business operations can be better clarified with the hypothetical situation where a startup with a brilliant business idea aims to get its operations up and running. From humble beginnings, the startup proves the worthiness of its model and products, steadily growing thanks to the generosity of friends, family, and the founders’ financial resources. Over time, its customer base grows, business expands, the company rises through its competitors’ ranks to become highly valued, with the possibility of future expansions, new offices, employees, and even an initial public offering (IPO).

If this meteoric rise seems too good to be true; it’s because most times, the startup has raised capital with the help of fundraising firms such as JC ALGO who

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5 Key Takeaways Learned From Guiding Startups in Strategic Pivots

Entrepreneurs’ Organization‘s purpose is to help entrepreneurs achieve their full potential by enabling life-enhancing connections, designing shared experiences and providing collaborative learning. Dr. Gleb Tsipursky, CEO of Disaster Avoidance Expertsauthor, and EO 360° podcast guest, empowers leaders to avoid business disasters by maximizing unexpected opportunities. We asked him about his experience guiding startups facing unexpected challenges during Covid-19. Here’s what he shared:

When dealing with chaos caused by the Covid-19 pandemic, leaders must act decisively and quickly. A strategic pivot may be necessary to keep a firm grip on new and future problems.

As a behavioral scientist, I advise companies in making strategic pivots. I’ve noticed an uptick in both the rate and complexity of their problems, which include employee difficulties working from home, supply chain disruptions, and canceled orders. 

As I consult with startups to adapt and plan for the new abnormal,

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Should I start a business in 2020? COVID sparks new startups

Entrepreneurs are carpe dieming it through 2020: A new survey of 428 entrepreneurs by JustBusiness found that more than 1 in 5 entrepreneurs are starting businesses that were not planned before the pandemic. Surprisingly, treacherous industries and in-person business models are not deterring entrepreneurs:

  • Nearly 40% are launching into industries facing tough times, including accommodation, food services, retail, and arts/entertainment/recreation
  • Nearly 70% will have an in-person component to their businesses, despite huge consumer shifts to virtual products and services

For entrepreneurs who had projects in the works last year, the pandemic has put on the brakes: Nearly three-quarters have delayed their launch dates due to the outbreak, and most have been forced to alter plans. Some watched investor funding disintegrate as states closed their sectors, while others repurposed their startup funds for household necessities.

[Image via Just Business]

Overall, entrepreneurs are decidedly making lemonade: A third said that they’re motivated

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COVID-19: How 6 tech startups survived without the Future Fund

Soccer startup Flair revamped its entire business model to stay alive

Nii Cleland CEO of Flair Football

Nii Cleland, cofounder and CEO of Flair

Flair Football

Since launching in September 2018, “Flair Football”, as it was previously known, had attracted more than 25,000 young soccer players to its app, where they could create profiles, keep track of match outcomes, and swap skills. 

But when Prime Minister Boris Johnson instituted a nationwide lockdown in March, outdoor sport was brought to a standstill – and Flair with it. 

“The pandemic caught everyone off guard to some extent, but because our app relied on kids playing outdoor sport, we were hit particularly hard,” cofounder and CEO Nii Cleland told Business Insider. 

With user numbers tanking and no end in sight, Cleland and the rest of Flair’s top team opted for a radical change in direction: shutting down the app and transforming the company from a sports platform to social

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China’s digital health care start-ups get a boost from the coronavirus, Beijing and investors

Adam Gault | Getty Images

BEIJING — The coronavirus pandemic is proving to be the accelerator that China’s health care technology start-ups needed.

In a country of 1.4 billion, many people who used to travel and wait for hours to see doctors are turning more to online products, companies say. The government is rolling out needed policy support for internet-based health care. And investors are pouring in money. 

Before the coronavirus outbreak, much of the health-tech investment in China was focused on scientific research for medical treatments, said Kitty Lee, Singapore-based partner and head of the Asia Pacific health and life sciences practice at Oliver Wyman.

Going forward, she expects the portion of investment focused on consumer health care and infrastructure will grow more rapidly than biotech.

In the second quarter, global health-care funding to private companies reached a quarterly record of $18.1 billion, according to CB Insights. Health-care funding

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A.I. Branding Platform Empowers Small Business and Startups with Complete DIY Service

ZeBrand puts the power and depth of expert branding agencies in the hands of small businesses and startups with their complete, self-generating branding toolkits.

NEW YORK, Sept. 10, 2020 /PRNewswire/ — ZeBrand is a complete DIY branding platform that uses algorithmic logic to create complete brand strategies and generate brand designs and identities for emerging businesses.

A.I. Branding Platform ZeBrand Empowers Small Business and Startups with Complete DIY Branding Service

The service aims to make branding more accessible than ever and is efficient, simple, and cost-effective.

Companies are guided by the service as they refine and distill their thinking about who their target customer is, their vision, brand story, and messaging. ZeBrand’s artificial intelligence then gathers this information and creates complete brand blueprints that provide value previously accessible to only large internationally known brands with larger budgets and time commitments.

According to a recent Richtopia.com article titled, “How

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Dotmatics Introduces eln.online to Support Research Start-ups – Press Release

BISHOP’S STORTFORD, England–(Business Wire)–Dotmatics Ltd, a scientific informatics software and services company that is driving the automation of laboratory data workflows for scientific discovery and innovation research, today announced the introduction of eln.online, a quick start version of its Electronic Laboratory Notebook (ELN). Designed specifically to meet the needs of research organizations at an early stage in their development, eln.online is a new implementation of the Company’s existing ELN Studies Notebook and adds to Dotmatics’ established portfolio of cloud-based scientific software solutions.

Establishing lab and IT infrastructure, including electronic notebooks, are essential steps in the start-up plan for new research companies. As a multi-tenant, SaaS offering, the software can be easily established, minimizing IT overheads and maximizing return on investment. eln.online enables the search and capture of a wide variety of experimental data in a secure, cloud-based notebook, thereby facilitating effective collaboration between multiple scientists within or between organizations. It

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How Can Startups Use Virtual Credit Cards To Empower Growth?

Virtual credit cards are quickly gaining traction around the world in the B2B payment space. Created for online transactions, they enable greater control and security, provide safeguards against fraud, and can even simplify companies’ expense management.

Worldwide, virtual card spend is expected to grow by 21% and is estimated to reach a staggering $355 billion by 2022. Other figures indicate that the business use of virtual cards will grow by 90% in the next four years.

Have a look at how they work, what sets them apart from physical cards, and some of the ways you can use them.

Virtual versus physical credit cards

They can be used to make purchases anywhere online, in mobile apps, or through mobile wallet payments in most parts of the world. But they offer a few unique benefits over physical cards that make them attractive for B2B use:

Virtual Credit Cards are issued instantly

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Recession Provides Fuel for Agency Start-ups

Starting an independent insurance agency, or any business, is a risky proposition. You’re moving from a secure position with a regular income and foreseeable future to a place where uncertainty is the new normal. Some may think that’s truer than ever today, given the economic fallout from COVID-19.

I see it quite differently. For those with the preparation, mindset and courage to move forward with their dream, this may be the best time in history to start an independent agency.

Why? History has shown that recessions and economic turmoil present significant opportunities for new business start-ups. In the insurance industry today, you’ll find three conditions that provide fertile ground for the entrepreneur willing to take the risk — as well as for existing agencies to adapt and thrive.

Greater Growth Opportunities

First, there are increased opportunities for business growth. With massive unemployment and a contracting economy, everyone is trying to

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