By partnering with Temenos, Varo, which launched in 2017, has been able to quickly develop and launch a range of products and bring them to market in record time. Crucially, it has offered innovative digital banking services to the 180 million Americans previously underserved by the traditional system.
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The post [Varo Money in Wired] Making banking better for billions with next-gen technology appeared first on OurCrowd Blog.
Hello fellow r/startup engineers/hackers!
I'm a recent college grad working as a SWE at a large company where the company has their own tech island. We have our own build systems, FE and BE frameworks… pretty much it's self-sufficient without using external tech (outside of core things like languages and certain libraries). I've become proficient working within the context of these tech stacks and I feel myself improving everyday as engineering principles translate regardless of w.e micro-service framework gets used, but I feel increasingly trapped on this tech island and isolated from "startup engineering".
I would like to leave one day to try my hand at a SaaS business – what skills should I focus on from an engineering standpoint to maximize my chances of making this happen? I've been working on building a web app using React + Node as a side project, but not sure if this is enough and would love to get more thoughts on this.
The Oracle of Omaha just turned 90, and we can learn a lot from his observations. (Except, maybe, nutrition.)
One difference between cybercriminals and genuine users of remote services that is useful for distinguishing between them with behavioral biometrics is the lack of familiarity fraudsters have with the personal data they are entering, according to research from BioCatch.
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Ever since COVID-19, companies embracing digitisation and moving their services online have rapidly accelerated. The Sweden-based startup inRiver helps such companies smoothly transition online, thanks to its product information management (PIM) solution. The company has now raised a notable €27.09M in a new funding round, which was led by Lugard Road Capital.
Funding to fuel product excellence, global expansion, and partnerships
inRiver’s latest funding of €27.09M was led by Lugard Road Capital, a well-known global investment firm. Additionally, existing investors such as Verdane, Industrifonden, Zobito, and RoosGruppen also participated in the round. With the help of fresh funds, the company aims to go ahead with its rapid growth plans to meet accelerated customer demand, continued product development, and further its global expansion plans in North America and across Europe.
“The growth in digital commerce, complexity of data, and the increasing importance of the technology ecosystem has been unprecedented this year,” says Thomas Zanzinger, CEO, inRiver. “Buyers now expect consistent and engaging customer experiences across channels, this means product information has to be exceptional to drive revenue. Global teams cannot waste time or money on manual processes, inaccurate data, or the inability to scale. The startups’ latest funding means we can help even more businesses to solve those challenges.”
Helping businesses sell more online
inRiver was founded back in 2007 by Johan Billgren and Johan Boströmm, and has raised a total of €51M in funding till date. The Sweden-based startup offers product information management (PIM) solutions for its clients, which is touted to help them sell more products online. It also claims to offer enhanced customer experiences for branded and industrial manufacturers and retailers.
inRiver claims that its offering has helped businesses increase revenues, customer satisfaction, and brand equity for over 1,500 brands and 500 customers globally. Headquartered in Malmö, Sweden, inRiver has offices in Chicago and Amsterdam.
Image credits: inRiver