A decade ago, SumUp was one of the army of fintechs that made names for themselves with dongles that turned basic smartphones into card payment terminals. Today, the London-based company has expanded into a wider range of business services that are used by some 4 million small and medium businesses…
PayCargo, a fintech for the freight industry, raises $130M
Shipping and cargo services is one of the more fragmented and analogue verticals in the world of industry, with hundreds of thousands of businesses involved in a myriad of aspects of a process that is fundamentally physical (not digital) by its nature. Today, a company called PayCargo, which built …
Apple issues friendly reminder that it’s employees’ right not to unionize
As a handful of Apple retail locations begin the process of unionizing, the trillion-dollar company’s vice president of people and retail Deirdre O’Brien delivered a warning to 58,000 retail staff in a video that was leaked to The Verge. “I want to start off by saying that it is y…
Maryland becomes the second state to offer driver’s license and state ID in Apple Wallet
Maryland residents will now be able to store their driver’s license or state ID in the Apple Wallet app, Apple announced today. The state is now the second in the U.S. to support the new feature, following the launch in Arizona in March. Once loaded into Apple Wallet, Marylanders will be able…
Impossible Foods’ Pat Brown will discuss plant-based meats at TC Sessions: Climate 2022
You can’t tackle climate change without taking a hard look at the environmental impact of the global meat and dairy industries. Combined, they emit 7.1 gigatons of greenhouse gasses every year and account for 14.5% of man-made emissions. The direct connection between farming animals and climate cha…
Stenn banks $50M on a $900M valuation for a platform to finance SMBs that trade internationally
Globalization has been one of the biggest trends in e-commerce in the last decade: internet rails facilitate a much wider marketplace of would-be consumers and a selection of items for them to buy; and to meet that demand manufacturing and logistics have also made great geographical leaps. Now, a s…
Connecteam raises $120M at an $800M+ valuation for comms app for deskless workers
After years of being overlooked, frontline employees and others who do not sit at desks all day are taking center stage in a new wave of workplace productivity apps. In the latest development, Connecteam — an all-in-one app providing HR tools, communications services, and daily operations man…
Spectrum Labs raises $32M for AI-based content moderation that monitors billions of conversations daily for toxicity
Two years into the pandemic, online conversations are for many of us still the primary interactions that we are having every day, and we are collectively having billions of them. But as many of us have discovered, not all of those are squeaky clean, positive experiences. Today, a startup called Spe…
Having a great "ask" slide can reassure investors: It shows a founder wants to raise an amount of money that unlocks the next stage of growth and knows what milestones they need to hit to get there.