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Zoey Nguyen @ KillerStartups 1 place · 08/23/2024 20:05 EDT

Nala’s cross-border payment impacts African diaspora

The Tanzanian fintech startup, Nala, is revolutionizing how Africans overseas transfer money back home and enabling multinational companies to facilitate cross-border payments. Founded by Benjamin Fernandes in 2018, Nala has grown to serve over 500,000 users. The company is founded on the principle of innovation and resilience, successfully navigating challenges such as infrastructure loss, co-founder ... Read more ›

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KillerStartups
Maya Johnson @ KillerStartups 2 place · 08/23/2024 20:01 EDT

FTC’s enforcement methods face corporate legal challenges

The Federal Trade Commission (FTC) is currently dealing with multiple legal challenges from corporations regarding its enforcement methods, according to recent reports. High profile issues have arisen involving firms such as Ryan LLC and the US Chamber of Commerce following a halt in implementation by a Texas federal judge of a new FTC rule. The ... Read more ›

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KillerStartups
Miranda Ross @ KillerStartups 3 place · 08/23/2024 18:50 EDT

Openmart’s AI platform simplifies local sales

Openmart, a new AI-fused platform startup, co-founded by Kathryn Wu and Richard He, aims to streamline business sales by connecting industries with local businesses. This innovation was born out of Wu’s challenges scaling her milk tea brand, OhTea, due to retail industry complexities. Openmart, equipped with advanced AI technology, comprehensively analyzes data from various sources ... Read more ›

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KillerStartups
Maya Johnson @ KillerStartups · 08/23/2024 16:38 EDT

Compliance costs burden small businesses, technologic solutions emerge

Small U.S. businesses, pivotal to the economy, expend nearly 200 man-hours plus around $11,700 per employee to meet compliance requirements annually, as revealed by the U.S. Chamber of Commerce. This burden weighs heavier on smaller firms, which often lack resources to achieve full regulatory compliance, leading to potential disturbances in operation as resources are diverted ... Read more ›

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KillerStartups
Ava Thompson @ KillerStartups · 08/23/2024 14:29 EDT

Generative AI’s incomplete nature sparks business model reevaluations

Recent revelations surrounding the incomplete nature of Generative AIs (GenAI) are leading to conversations about a need for commercial overhaul. This reinvention is believed by experts to possibly pave the way to a new era of striking AI-powered growth and efficiency. The changes could have significant effects on business competition dynamics. Undeniably, Generative AI can ... Read more ›

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KillerStartups
Oliver Hayes @ KillerStartups · 08/23/2024 10:08 EDT

Harris associates quietly pitch presidency to CEOs

Ahead of the Democratic National Convention, business associates of Vice President Kamala Harris have been advocating for her potential presidency to influential CEOs. These associates promote Harris’s presidency as beneficial for the corporate sector. These discreet sessions are led by Harris’s close affiliates and have stirred conversation at the convention in Chicago. The objective of ... Read more ›

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KillerStartups
Harper Johnson @ KillerStartups · 08/22/2024 20:43 EDT

Bolt anticipates $14 billion valuation amid skepticism

Bolt, a leading fintech corporation, recently outlined its fund-raising scheme to stakeholders, projecting an increase in valuation to $14 billion. The CEO, Justin Grooms, took the negotiations by surprise with this daring pronouncement. The company’s plan to finalize its Series F funding round could enable it to raise beyond $450 million. UK and UAE investors, ... Read more ›

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KillerStartups
Maya Johnson @ KillerStartups · 08/22/2024 18:48 EDT

Fintech firms Tally and Score cease operations, Klarna expands

Fintech companies Tally and Score have recently ceased operations, leaving thousands of users seeking alternatives. Tally, which offered credit card debt management solutions, abruptly discontinued its services following unsuccessful funding rounds. Score, a dating app for high credit score individuals, struggled to keep pace with rapidly evolving technology and user expectations. Speculation around Tally’s shutdown ... Read more ›

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KillerStartups
Zoey Nguyen @ KillerStartups · 08/22/2024 18:34 EDT

Movement Labs aims to decentralize internet

Generation Z members Cooper Scanlon and Rushi Manche left Vanderbilt University in 2022 to establish their blockchain-driven startup, Movement Labs. The duo has been paving the way in blockchain innovation, aiming to decentralize the internet and challenge the conventional systems of governance. They’re also the developers of an innovative blockchain protocol that’s been hailed as ... Read more ›

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KillerStartups
Zoey Nguyen @ KillerStartups · 08/22/2024 18:10 EDT

Oil prices drop as U.S. crude inventories increase

Oil prices saw a dip on Wednesday, largely due to an increase in U.S. crude inventories and easing tensions in the Middle East. The heightened U.S. crude inventories indicate a surplus of supply which drives prices down, while the reduction of geopolitical strain in the Middle East removes pricing pressure, furthering the downturn. These trends, ... Read more ›

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KillerStartups
Ethan Mitchell @ KillerStartups · 08/22/2024 16:36 EDT

AI boosting progress in business and academia

Artificial Intelligence (AI) has been making significant contributions to business growth, specifically in recruitment and academic settings. University lecturer, Sean Ammirati insists that mastery of AI technology is a crucial skill in the ever changing business environment. Ammirati, who has been teaching an entrepreneurship module at Carnegie Mellon University for over a decade, has witnessed ... Read more ›

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KillerStartups
Ava Thompson @ KillerStartups · 08/22/2024 14:25 EDT

Euro-US dollar pair shows unprecedented stability

The EURUSD currency pair finds stability at levels not seen since 2023, driven by ongoing market optimism. The currency pair’s performance is bolstered by positive economic indicators from both the Eurozone and the United States, fostering investor confidence and strengthening their respective currencies. Both regions’ forthcoming economic policies are anticipated to steer the currency pair’s ... Read more ›

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KillerStartups
Aaron Heienickle @ KillerStartups · 08/22/2024 12:02 EDT

GroupFlux: Simplifying Office 365 Group Management with Self-Service Tools

Managing Office 365 groups and distribution lists can be a daunting task. GroupFlux, an Austin-based SaaS startup founded in 2024, aims to simplify and streamline this process by providing real-time updates, activity auditing, and self-service capabilities for users. Founded by the innovative team at Group Flux Hive Innovations, GroupFlux’s mission is to empower businesses to ... Read more ›

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KillerStartups
Maya Johnson @ KillerStartups · 08/22/2024 11:58 EDT

Draftboard: Recruitment Through Global Referral Networks

In today’s job market, companies often struggle to attract top talent, especially smaller startups that lack the brand recognition and resources of larger, established firms. Draftboard, a New York-based B2B2C startup founded in 2022, aims to level the playing field by connecting these companies with game-changing candidates through its innovative referral network. Founded by Zach ... Read more ›

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KillerStartups
Maya Johnson @ KillerStartups · 08/22/2024 11:55 EDT

ReductStore: Time-Series Data Management for Edge AI

Managing large volumes of time-stamped data has become a critical challenge for organizations. ReductStore, a Hamburg-based B2B software startup founded in 2024, is on a mission to transform data management for edge AI by delivering the fastest and most efficient time-series object store in the industry. Founded by Alexey Timin, a senior developer, and Anthony ... Read more ›

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KillerStartups
Maya Johnson @ KillerStartups · 08/22/2024 11:49 EDT

Zenode: Hardware Development with AI

The world of hardware development is notoriously challenging, with engineers often spending countless hours poring over datasheets to find the right electronic components for their projects. Brandon Bourn and Collin Stoner, the founders of Zenode, have experienced these challenges firsthand, having designed over 250 printed circuit boards and taken more than 100 through manufacturing. Now, ... Read more ›

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KillerStartups
Maya Johnson @ KillerStartups · 08/22/2024 11:46 EDT

ExpenseMonkey: Simplifying Expense Management for SMEs

For small and medium-sized enterprises (SMEs), managing expenses can be a daunting task. Surprisingly, 47% of SMEs in the West still rely on paper or Excel sheets to track their expenses, leading to time-consuming processes, inaccuracies, lack of real-time insights, and compliance issues. Enter ExpenseMonkey, a startup founded in 2024 by Jaroslav Filak and Matthieu ... Read more ›

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KillerStartups
Oliver Hayes @ KillerStartups · 08/22/2024 10:18 EDT

Potential U.S. interest rate cuts affect Asian currencies

Asian currencies largely held steady on Wednesday. The yen slightly fell following its notable rise earlier this week, yet the Chinese yuan and the Singaporean dollar among others remained stable. Notably, the U.S. dollar is lingering at a seven-month low due to potential U.S interest rate cuts. This economic uncertainty contributes to the U.S. dollar’s ... Read more ›

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KillerStartups
Harper Johnson @ KillerStartups · 08/22/2024 10:07 EDT

Maryland educator locked out of Juno account

Chris Buckler, a Maryland educator, has found himself unable to access nearly $40,000 due to a critical error committed by a financial technology firm, Juno. Buckler had initially invested his cash in Juno, attracted by the promise of federal bank protections. However, amidst internal audits and technical glitches, Juno inadvertently locked Buckler out of his ... Read more ›

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KillerStartups
Ethan Mitchell @ KillerStartups · 08/21/2024 20:31 EDT

Minor downturn in U.S. stock futures amid economic anticipation

U.S. stock futures saw a slight downturn, marking a brief halt in the winning streaks of the S&P 500 and the Nasdaq Composite. A minor five-point decrease in early trading represents the markets taking a breather after recent gains. Investors are poised for the release of forthcoming economic data and corporate earnings reports which will ... Read more ›

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22.12.2025 11:27
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