Black-owned serverless startup, Baselime, has raised $1.5M in pre-seed funding. The funding round, which Sequoia Capital led, also included venture capital firms Antler, Forward Partners, and Octopus Ventures. The London-based company, founded in 2021 by Boris Tane, works to reduce the challenges developers often experience. Businesses can embrace automated observability ecosystems through their platform, which is highly beneficial for remote teams. The platform also claims to offer highly flexible technology at a reduced cost by encouraging developers to run applications and manage servers on behalf of customers without needing to
San Francisco-based fintech company, TomoCredit, has raised $122 million in funding and debt financing. The funding round was led by Morgan Stanley’s Next Level Fund and included Morgan Stanley’s Next Level Fund, MasterCard, and debt from Silicon Valley Bank. The funding will help the platform expand its credit product offerings to help support immigrants with no credit history in the US. TomoCredit, co-founded in 2018 by Kristy Kim and Dmitry Kashlev, is a fintech platform dedicated to providing the next generation with a credit card designed to help millennials boost
Mexico City-based fintech platform, Arrenda, has raised $26.5 million in a pre-seed funding round of equity and debt. The funding round, which Fasanara Capital and Kube Ventures led, also included ODX Ventures, Toehold Ventures, Wharton Fintech, Lightspeed Venture Partners Scour Fund, PRMM Inmobiliaria, and a range of angel investors. Arrenda, founded in 2022 by Joe Merullo, is a revenue-based startup that works to provide market-specific insurance and financial products to the real estate markets and landlords of Latin America. Not only does it offer advance payments to landlords, but it
Bizao has raised $8.15 million in Series A funding. The funding round was led by AfricInvest, Adelie, and Seedstars Africa Ventures and will help the platform accelerate its expansion, helping them provide services to citizens across the continent. Bizao, founded in 2019 by Aurélien Duval-Delort, helps companies accept all local payment methods across Africa. The tech platform uses powerful APIs and advanced financial flows to simplify the challenge of getting Mobile Money, Visa/Mastercard, and Airtime payments. The outlet powers all businesses: local retailers, online merchants, international digital content providers, money
American rapper and lead MC of hip hop group The Roots, Tariq Luqmaan Trotter, also known as Black Thought, recently announced his journey into venture capital. According to HipHop DX, the lyricist has joined early-stage tech venture firm Impellent Ventures as a general partner. Black Thought will work alongside the team to help recruit and encourage entrepreneurs to help them continue growing their new business while giving them the tools they need to build a longstanding business. His role as a partner at Impellent Ventures will help him elevate Black entrepreneurs
“I got my job through Twitter 🎉” I never thought that I’d be the one saying those words. I’ve always seen posts of people from tech Twitter who have shared that they got a job on Twitter or that online presence helped them secure a job. Little did I know that I would be a witness to this too. Welcome to all, and thank you for taking your time to read about my journey of how I got into tech, the challenges I’ve faced, the resources I’ve used, how I
If you feel lost and overwhelmed and have been looking for a guide or a little pick me up, this post is for you, and I hope it gives you the clarity and answers you need. Before you continue reading this, I want you to close your eyes and take a slow, deep breath. You have come too far to give up now. I recently started talking to newbies for 30 minutes on weekends and doing design reviews, sharing my knowledge and tricks. It’s my way of giving back and
Financial giant, Mastercard, has officially announced the class of this year’s Start Path program, an award-winning engagement program aimed at providing global support and mentorship to the brightest late-stage startups. According to a press release, Mastercard selected three early-stage startups led by underrepresented founders and four late-stage fintech innovators looking to scale their businesses for this year’s program. “As we continue our eight-year legacy of successful collaboration with startups around the world through Start Path,” said Blake Rosenthal, executive vice president, Fintech & Segment Solutions at Mastercard. “The companies we selected are on
WNBA star turned software engineer, Neisha Butler, recently announced the opening of her educational center, S.T.E.A.M. Champs in New York, dedicated to kickstarting Brooklyn kids’ learning development in coding, robotics, and app development. The educational center in Downton Brooklyn specializes in Science, Technology, Engineering, Arts, and Mathematics (STEAM). The establishment aims to nurture future industry leaders by giving them a head start in reading data and developing solutions to complex problems, all necessary skills needed to help kickstart their future careers. “We’re excited to bring quality STEM curriculum to the Brooklyn and
Black-owned tech platform, ColorStack, has announced the launch of its second annual Stacked Up Summit. The summit aims to equip Black and Latinx computer science students with the tools they need to pursue a career in tech successfully. The annual summit, which will take place from August 17th to August 19th this year, will feature a range of talks, panels, and networking events with professionals and recruiters from big tech companies like Netflix, Meta, and LinkedIn. In addition, the event, which caters explicitly to Black and Latinx computer science students, will include
