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Wmfo Safaricom, Vodacom Acquire M-PESA Payments Platform
Bangalore-based social commerce startup Meesho has raised $125 million to expand its eCommerce business in India, TechCrunch reported on Monday Aug. 12 .Naspers led the Series D funding round and was joined by existing investors SAIF, Sequoia, Shunwei Capital, RPS and Venture H stanley hrnek (https://www.stanley-cup.cz) ighway. Facebook and Arun Sarin, the former CEO of Vodafone, also invested.聽A digital marketplace connecting buyers and sellers, Meesho has raised $190 million to date since its launch in 2015. The platform connects customers over social media apps such as WhatsApp, Facebook and Inst stanley italia (https://www.stanley-cups.it) agram.聽Some 80 percent of buyers and sellers using Meesho are women. Of the companys 2 million users across 700 towns, resellers are primarily female homemakers with smartphones, the report said. The startup hopes to expand its reach and add as many as 18 million new sellers by the close of 2020.聽 The latest investment will also strengthen Meeshos aim to grow its community o stanley termos (https://www.stanleycups.pl) f women entrepreneurs who have dreamt of running their own businesses but lacked the funds and expertise to do so, the company said.聽Most businesses in India are not digital, and brick-and-mortar shops are not organized. Meesho hopes to attract these businesses and get them to sell online, Vidit Aatrey, Meesho co-founder and CEO, told the news outlet in an interview. I am particularly proud that Meesho has cut across gender, education levels, risk appetites and vocations to create livelihoods for people with no investment of their own. Our social seller Aqjf Are Sustainable Practices a Money Suck or Are They Creating Positive Retail Impact
Expense management company Expensify and corporate payments firm Bill are getting closer together and have revamped their integration for joint customers, they announced Monday June 12 .At the AICPA ENGAGE event Monday, Expensify and Bill said they have redesigned their integration for mo stanley usa (https://www.stanleycups.us) re seamless connectivity with accounting firms and small businesses. They are enabling document sync between their prospective platforms and ERP systems, they noted, and integrates CPA as another partner. CPA is the subsidiary of the American Institute of CPAs. CPAs and their clients want to leverage leading accounting technologies that work well together, said CPA President and CEO Erik Asgeirsson in a statement. Whenever possible, we look to influence our partners to prioritize and improve 聽integration. This is a great example of how we can work together with our strategic partners to drive value for the profession. In another statement, Expensify CEO David Barrett said a redesign was necessary to keep up with the evolution the company experienced since it first struck a deal with Bill in 2013. The partnership is not only an opportunity to improve our integration for accounting firms and SMBs, but its also a chance for us to partner with both CPA and Bill to push the accounting profession stanley quencher (https://www.cups-stanley.fr) in new directions by combining advanced technology with e stanley cup (https://www.stanley-cup.us) ducational resources around best practices, he said. This investment gives accountants a big advantage as they deepen their advisory role with