$990B worth of food is wasted every year and 14% of that occurs in transit. 45% of all food wasted consists of fruits and vegetables. Much of this wastage is due to problems with shipping. OPTIMIZ, founded by Kingsly Kwalar Kongnyuh, is a cargo claims management platform built for cargo owners, shipping lines, and insurers.
Finance
ComplyAdvantage Raises $50M to Prevent Financial Crimes With Machine Learning
Global money laundering is 2 – 5% of global GDP annually or $800B – $2T. Charles Delingpole built ComplyAdvantage, the dynamic global risk database of people and companies, to evaluate the risk of who you’re doing business with. Through the use of the machine-learning powered solution that integrates with existing workflows, financial institutions are able to meet regulatory compliance requirements and manage risk obligations. Delingpole walks us through the inspiration for the company, how it reduces financial crimes, and the company’s recent funding round from investors that include Ontario Teachers’ Pension Plan, Index Ventures, and Balderton Capital.
Plum Raises Another $10M to Automate Personal Finances and Increase Savings
Ideally, we’d all like to save more and spend less. In reality, that’s not as easy as it sounds. However, Plum is an automated personal finance saving assistant and app that analyzes your finances by connecting to your bank accounts and setting aside an amount that you can comfortably set aside. These savings can then be invested in themed funds or even earn interest through the app. CEO and Cofounder Victor Trokoudes shares more on the popular app that is soon expanding to Ireland, France, and Spain, the app’s thoughtful automated features for savings that work, and the company’s latest round of funding from investors that include Global Brain Corporation, European Bank for Reconstruction and Development, VentureFriend, and the UK government’s Future Fund.
Bitcoin Does Not Define The Future, It Just Highlights The Start
It has been said that trust is the real flaw of the banking system. Inevitably counterparties must outsource their trust in each other to the bank as an intermediary, and with recent headlines, we can see that consumer confidence in banks is weakening.
As the Working Class Struggle, Blockchain and Decentralized Systems Offers a Plausible Solution
Blockchain makes banking and financial services more accessible. Anyone with a mobile phone can create a secure account. With recent data from the World Bank revealing 1.7 billion adults globally have no access to a bank account – but two-thirds of them own a mobile phone, blockchain can fill this void.
Fly Now Pay Later Raises £35M to Give Travelers 12-Month Flexible Payment Plans
The cost of your dream vacation can easily get expensive especially when you have to lay out all of the costs upfront. Fly Now Pay Later, just like the name suggests, offers flexible payment solutions that can allow you to spread out your travel costs over twelve months. CEO and Founder Jasper Dykes chats with us about the company’s impressive growth, expansion plans, and recent funding round, which brings the total funding raises to $77.4M.
Snoop Raises £3.2M for its Hyper-Personalised and Community-Driven Money Savings App
Snoop is the fintech app that’s helping people save money by giving them tips, or “snoops”, like switching from your current energy supplier could lower your energy bar by x percent. Cofounder Scott Mowbray shares the details on how Snoop is saving users serious money.
Billon Group Raises $6M to Bring Enterprise-Level Blockchain Solutions Fit for Central Banks
Raising capital is never easy but it’s even harder for blockchain companies. These companies are commonly thought to be involved in cryptocurrency, which really isn’t the case for most blockchain startups. Learn more about how Billon Group’s technology is powering central banks and how it was able to successfully raise capital.
Yapily Raises $13M for Open Banking API that Removes Technical Barriers to Open Finance
Yapily is addressing a huge opportunity in Europe as the backbone of Open Banking, and the infrastructure that partners need in order to take advantage of Open Finance.
The World’s Falling Apart, What Are You Going To Believe In?
I grew up believing in American exceptionalism. That the U.S. was better than other nations. That’s what I was taught. When I looked around, that’s what I saw. But among many other lessons, Trump has taught me that the U.S. is a banana republic, just like most other/every other nation in the world. And that actually makes […]