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This week we are seeing a start to help people navigate long -term care, a host of activity in Africa, another closure of the Fintech company, and more.
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The great story
Long -term care is not something they think of which most people think about until they are older, or forced. And by then, it is often too late. This topic is personal to me, as I also saw my older brother and my mother suffering from diseases and require long -term care in recent years. Not only is it difficult to find quality care, but it is also extremely expensive – even if you were lucky to buy some kind of security policy. So when I recently got up a story at a beginning using it to help people navigate long -term care planning, I was intrigued.
Started lily vittayarukskul Water At the end of 2021 after her family was “hidden” financially helping to care for her aunt that was diagnosed with colon terminal cancer. The company uses artificial intelligence to predict future needs and costs of long -term care of a family and then instructs them “in building a care plan and discovering the right way to pay it”.
Fascinating. I’m not the only one who thinks that way. Vittayarukskul initially started with water as a solo founder until Evan Ehrenberg, a small angel investor, came together. Ehrenberg – who had previously founded and sold Clara Health – helped in early research and was hit by industry response. Curious, he tested the platform and was shocked by his long-term care forecasts that he changed his diet, hired a personal coach and updated his financial plans. This experience attracted it deeper. By 2022, Ehrenberg who became the newest doctorate of myth neuroscience-was joined by water as co-founder.
Dollars and cent
Supported jerkA Fintech of Africa -born mobility that offers vehicle funding to greet and distribute applications in six continents has won CoveA Brazilian urban mobility provider. Moove’s co-founder and co-Cea Ladi Delano told Techcrunch that the deal collides with the annual Fintech’s annual income in $ 275 million. Last March, Moove reported $ 115 million.
training He believes it is worth providing a modular platform that is similar to Amazon Web Services’ Taking in Cloud Hosting: Customers can use a single service, but it is more efficient if you accommodate all your cloud infrastructure under the same roof. And it simply raised $ 21 million in a round co-led by Paypal Ventures and Portage.
Embedded French Banking Start Swan has collected another € 42m (about $ 44 million in current exchange rates). The company considers this round as the second part of Serie B that was originally announced in September 2023.
Cedar money Recently, $ 9.9 million has closed in seed -led seed funds. Like many cross -border payment platforms that use stablecoins, cedar money acts as a bridge. It began in early 2024, starting operations in Nigeria.
Guinea -based fintech Kaurdor She recently collected $ 3.5 million in seed funds to continue building its payments that allow traders, banks, telecom operators and money transfer companies to move funds inside and outside Africa.
What else are we writing
Customer Financial Protection Bureau (CFPB) has hit the UK -based deliveries Wise with a fine of approximately $ 2 million for what he described as “a series of illegal actions”.
PillowA Fintech Startup describing yourself as “Plaid for Buy Now, pay later (BNPL)”, is closed. The founder and CEO Paul Kesserwani said that “despite the bringing of many new fintech products to the market”, the pillow “did not reach the degree needed to maintain business”.
The social network owned by Elon Musk X announced a partnership with Visa to handle person-person-person payments for its next product x Money.
With its 700,000 customers, Alan It can be considered as a mature company. But the health insurance company that wants to become a digital companion for your health is still growing as a start.
Serial entrepreneur and former census artist Victor D. Lombard, also known as DIVINEannounced the start of a new Fintech company for musicians in partnership with brandy, one of the most influential Hip-Hop Empires.
Increasing Stablecoins-now a $ 205 billion market-is directed by real-world service, not speculation, especially in developing markets where the most compelling cases of use are unfolded. Kene-Occupor Tage makes a deep diving.
Titles of high interest
Nu Mexico hits the 10 million milestone of the client
Beginning of the prevention of real estate fraud locking locking up $ 34 million
Trump stands to earn $ 250 million after the media company expands in financial services
Itúúj unibancies big bets in that with neospace investment
Advisor he start Jump ends $ 20 million Serie A funding
Thank you for reading! Until next week … Follow me on x @Bayareaeawrter For fracturing Fintech news, coffee posts and more.
