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Novo, the SMB neobank, nabs $90M at a $700M valuation

TechCrunch

Novo now has 150,000 SMB customers in the U.S., It has a large development team, mostly based out of India, Rangel told me.). The company has seen truly accelerated growth in the last year, and specifically the last six months, both in terms of customer numbers and in terms of how much its app is getting used.

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

TechCrunch

While developed markets like the U.S., and Western Europe are full of competition for SMB-focused startups building productivity and operational apps for SMBs, in developing countries Factorial has been a trailblazer in connecting with the small business segment to sell them products to handle human resources like their larger counterparts.

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FloBiz raises $31 million to scale its neobank for small businesses in India

TechCrunch

The startup’s marquee offering — called myBillBook — helps small- and medium-sized businesses digitize their invoicing, streamline business accounting and automate workflows of their enterprises. We have a slew of developments in the pipeline to further delight our SMB partners in the next 12 months.”.

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Software Driven Business Advantages in the Enterprise Storage Market

Infinidat

Software Driven Business Advantages in the Enterprise Storage Market. Not too many years ago, enterprise storage solutions were all about hardware-based innovation, delivering performance and functionality by adding dedicated and proprietary hardware components. Adriana Andronescu. Tue, 04/26/2022 - 22:00.

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Altman brothers lead B2B payment startup Routable’s $30M Series B

TechCrunch

After running enough customer development we identified a huge scramble to solve high-volume business payments, and that’s what we double down on,” Mor told TechCrunch. . The company started out focused on the startup and SMB customer, but based on demand and feedback, is expanding into the enterprise space as well.

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Gorilla Logic Named One of the Best Custom Software Development Companies in Denver

Gorilla Logic

Digital.com , a leading independent review website for small business online tools, products, and services, has named Gorilla Logic to its 2021 list of the best custom software development firms in Denver. Each firm was also required to offer multiple service lines, such as UX/UI design and mobile app development. ABOUT GORILLA LOGIC.

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

TechCrunch

In the latest development, Viva Wallet , a Greek startup building banking services aimed at small and medium merchants, has picked up financing of $80 million, money that it will be using to expand its footprint and the services it offers to users, in particular expanding its Merchant Advance loans business. billion ($1.8