It is very important to be aware of the latest technology in the market. The new technologies have made the world more technologically advanced. However, it is very difficult to understand these new technologies. Hence, it is best to seek professional help. Luckily, there are many companies that can provide you with these services. These companies specialize in developing and designing mobile applications for smartphones. You can get in touch with the companies by searching the internet.
Float
In the world of fintech, Float is a company that stands out. This company provides financial and software tools to manage and automate payments and invoice collections. They are also one of the most active startups in Africa, and have onboarded hundreds of businesses in just seven months.
They have a number of different credit options available, including credit lines, spending cards, and payment links. The platform also tries to be a one-stop-shop for a small business’s financing needs. Their latest incarnation includes a new feature that lets a business take advantage of instant payouts.
The platform has also introduced the Float, a credit card with flexible terms and a snazzy-looking app. It also has a number of other credit offerings to choose from, including invoice factoring, which helps companies with outstanding invoices obtain cash advances.
Flutterwave
Flutterwave is Africa’s leading digital payments platform. It has a presence in over 33 African countries and serves over 900,000 businesses worldwide. Today, it is one of the most valuable tech unicorns on the continent.
The company is backed by global investors such as B Capital Group, Avenir Growth Capital, Greycroft, Green Visor, Insight Ventures, Salesforce Ventures, and Tiger Global. As a result of its growth, it is expected to reach a $1 billion valuation in 2020.
In addition to its main product, Barter, Flutterwave has recently launched a new product, Grow, which aims to help African businesses incorporate in the U.S.. It also signed commercial agreements with Visa and Worldpay, the payment solutions unit of FIS.
Xian Di
The new Tiger Global venture capital fund has a cool $11 billion to burn. This is not an understated sum and the VC firm is making a big splash on the continent. Their earliest forays into the region were in consumer internet startups. However, they have now moved into fintech, a field of their own. They aren’t just taking their chances, though. A few examples include Flutterwave, which is the continent’s leading fintech innovator. Other notables include Jambo’s, a crypto startup based in the Congo.
Tiger Global’s most recent foray into Africa is not without its kinks. In the late aughts, they had a bit of a snafu. The fund managed to get involved in at least five startups in the continent.
B2B retail e-commerce players embed financial services
As consumers, we are accustomed to the idea of integrating financial services into our online transactions. For B2B retail e-commerce, this is a trend that is already emerging. With this growth comes the opportunity for merchants to enter new markets and expand their reach. There are a number of digital solutions that can help with this. In this article, we will look at how a financial service can be embedded into a B2B ecommerce experience, and why it is such a smart idea.
One of the most popular B2B ecommerce companies, Skype, recently expanded its app to include video calling and conferencing capabilities. By doing so, it reached the top of the B2B digital market. The company was able to increase its registered user count to over half a billion.