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Kenya’s Uncover raises $1M to expand skincare product enterprise across Africa Dec 05, 2022

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Africa’s beauty and personal care market is growing accelerated by its growing young and fashion conscious population, increasing spending power, and urbanization.

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Mozilla acquires Active Replica to build on its metaverse vision Dec 02, 2022

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An automated status updater for Slack isn’t the only thing Mozilla acquired this week.

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Spend management platform Teampay expands partnership with Mastercard, raises $47M Dec 02, 2022

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In 2016, Andrew Hoag, formerly a senior manager at Verisign and a web project lead at NASA’s Ames Research Center, founded Teampay, a platform that attempts to automate the software purchasing process for companies.

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Shield, a communication compliance platform for financial institutions, raises $20M Dec 01, 2022

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Two months ago, the Securities and Exchange Commission (SEC) said it had fined 16 Wall Street firms more than $1.1 billion for “widespread recordkeeping failures” regarding maintaining electronic communications, contravening federal securities laws.

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Airbnb is helping finds renters an apartment so they can Airbnb it Dec 01, 2022

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Airbnb really wants you to Airbnb an apartment. So its latest step is to find renters a place, which they can also list on the travel booking platform.

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Natives Rising wins backing to help Native Americans into tech and startups Nov 30, 2022

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According to the National Center for Education Statistics, Black, Latina, and Native American women represent approximately 16 percent of the total US population, but make up only 4 percent of students obtaining bachelor’s degrees in computing.

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Southeast Asia insurtech Igloo increases its Series B to $46M Nov 30, 2022

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Igloo, a Singapore-based insurtech focused on underserved communities in Southeast Asia, announced it has raised a Series B extension of $27 million, bringing the round’s total to $46 million.

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CRED acquires CreditVidya Nov 29, 2022

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CRED is acquiring CreditVidya, a SaaS startup that helps firms underwrite first-time borrowers, in the latest of a series of investments from the Bengaluru-headquartered fintech as it broadens its offerings. The firms did not disclose the terms of the deal. The 10-year-old CreditVidya — headquartered in Hyderabad and backed by Navroz Udwadia, Kalaari Capital and […]
CRED acquires CreditVidya by Manish Singh originally published on TechCrunch

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Female Invest acquires sustainability-focused investment platform Gaia Investments Nov 29, 2022

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When Female Invest launched in 2019, it did so with the goal of creating a community where women who wanted to invest in the stock market, but weren’t sure where to start, could gain the knowledge and confidence to take the plunge.

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Deepomatic wants to build the AI-based computer vision companion for field workers Nov 28, 2022

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French startup Deepomatic has raised a $10.5 million (€10 million) Series B funding round. While the founding round is relatively small, the startup has managed to convince some large-scale clients to use its visual automation platform.

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