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South African startup Qwili gets $1.2M to scale its app and low-cost NFC-enabled smartphone

TechCrunch

The company’s hardware is a low-cost NFC-enabled smartphone called Qwili Pula that allows merchants to send and receive payments. Its business-to-business model has picked up steam, too, as 500 micro and small merchants use the hybrid platform (about half use Qwili’s NFC-enabled smartphones).

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Finding North In a New World

Entrepreneurs' Organization

Called “Finding North (Again),” it explores emerging trends and how to create opportunity from this period of chaos. . This is an opportunity: How will we adapt and change , to do what we do in a very different world? Download the report here. . The last few months have been like nothing I have ever experienced.

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Product Friday: Monetizing Content is a Product Problem

This is going to be BIG.

Unfortunately, as long as content is produced by people who send nastygrams to people building great consumption experiences , like Pulse, and who want us to download a new app for every site we visit, you can expect little change. Even so, there’s no “read” box, or way for me to share back, comment, etc.

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Yummy raises $4M, aims to be ‘super app of Venezuela’

TechCrunch

Yummy’s app can be downloaded for free, and the company charges a delivery fee or merchant fee. He said this has protected the business against hyperinflation and ultimately created the opportunity for startups to begin operating in Venezuela. Born in Venezuela, Zavarce came to the U.S.

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A Deep Dive into What Has Really Changed in Venture Capital

Both Sides of the Table

By any objective measure the amount of money going into tech-enabled startups is up considerably (left chart) while the amount of money that VC funds have raised from LPs is also up significantly (right chart). VC is still a thing :) If you want to see the full deck you can download it on Slideshare or in the embed below.

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The big question on every startup’s mind for 2021

TechCrunch

And we won’t know the pandemic’s true impact on our psyches until the dust settles and we have an opportunity to reflect. Or remote work’s shift from enabling communication to now needing to enable passive and active collaboration. We do know it will be fascinating to watch. The Equity crew predicts what’s to come in 2021.

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MaxRewards banks $3M to reveal best payment methods that reap the most rewards

TechCrunch

MaxRewards is free to download and use, and the majority of the app’s functionalities are free. I downloaded the app, and on the first day, saved $20.”. He had raised a small seed, about $200,000, from his time at Techstars, but the new funding will enable him to add to his team of three people.