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The real reasons why Walmart and Facebook are entering the money transfer space

Make no mistake about it, things are heating up in the money transfer sector. After years of almost no innovation, two giants recently announced plans to get into the financial services game. Earlier this week, we heard news that Facebook will be resurrecting its payments ambitions with the launch of a money transfer service in [...]

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Enplug drags digital signage into the social era, raising $2.5M and landing Porsche and Coffee Bean as clients

Digital signage is hardly an industry that screams for startup attention. Yes, the category hasn’t had much innovation in the decade plus that it’s been in existence, but it’s not like the dentist offices, restaurants, and casinos that host these screens are clamoring for technology. If anything, these signs are often an afterthought. Culver City-based [...]

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Undeterred by its ban from Belgium, Uber expands in stealth to Finland

In its relentless efforts for world domination, it looks like Uber is quietly expanding to Finland. This is a new country for the transportation platform, which already moved into the neighboring nation of Sweden. Uber has posted three job openings in Helsinki, for a community manager, a general manager, and an operations and logistics manager. [...]

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LevelUp exploits smart bundling to drop credit card interchange fees to 1.95%, saving merchants boatloads

Its no secret that the payments market needs disrupting. Ask any merchant who’s paying upwards of three to five percent of every transaction for processing and that fact becomes painfully obvious. And consumers are growing weary of carrying around wallets full of plastic when a powerful supercomputer typically sits just a few inches away. But [...]

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Sexism sucks less once you’ve raised $56 million

Julep, the once quiet little Seattle-based company backed by Andreessen Horowitz* has just announced a less-than-quiet funding round. The nail product and beauty e-commerce startup raised a $30 million Series C round from new investors Azure Capital, Madrona Venture Group, and Altimeter Capital, with participation from existing investors Andreessen Horowitz and Maveron. Yes, funding rounds are rather [...]

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