Today let’s take a look at the top 5 crowdfunding websites. First, let’s obtain an understanding on what crowdfunding is and how it can be beneficial for you. Crowdfunding is a system or platforms that allow everyday people with limited funds to raise funds for an idea, project or charity requirements to successfully raise funds. […]
Penta, the German fintech startup that offers a digital bank account targeting SMEs, has launched multi-card support to make it easier to manage company expenses. Dubbed ‘Team Access,’ the new feature — which affords similar functionality to the likes of Pleo, Spendesk, and Soldo — lets business owners issue multiple MasterCards to employees who need to make purchases on a company’s behalf. Each card is linked to a business’ Penta account but can have custom rules and permissions per card/employee, in terms of how much money can be spent and where. More broadly, the feature is designed to cut down the time and cost of expense management for SMEs. “As business owners know, it can take weeks of daunting paperwork to get another debit card from a legacy bank. The alternative solution for a business owner is to apply for a business credit card which has a predefined credit limit. Most early stage businesses aren’t credit-worthy, and therefore can’t get a second card,” explains the company. To help with expense management, Penta already lets you categorise transactions and export them to various accounting software. On the public roadmap is “automated accounting,” which will offer the ability to sync your account to third-party accounting tools. Meanwhile, Team Access is being rolled out in two stages. As of today, users will be able to issue team debit MasterCards and give account access to founders/Managing Directors. In the “coming weeks,” the option to issue Penta cards and give account access to all employees will be added. The two-stage roll out is likely related to Penta’s recent scaling issues that saw it initially struggle to open new accounts in a timely manner due to high demand. The fintech startup runs on top of Banking-as-a-Platform solarisBank (rather than holding a banking license of its own), and I understand the bottleneck, which has now been cleared, was related to solarisBank’s account verification processes. ... Read More
Talentry, a startup based in Munich that has developed a “social recruitment and marketing platform,” has closed €6 million in Series A funding. Leading the round is Nauta Capital, the pan-European VC focused on SaaS, with participation from Rocket Internet’s GFC, Allgeier SE, and number of angel investors. I also understand that GFC previously backed Talentry’s €2 million seed round. Relatively low-key to date, Talentry offers a SaaS to enable companies to utilise their employees’ social networks to help with recruitment. The platform powers employee referral and employee advocacy programs, including the ability for employees to easily share job openings and corporate content. The premise is that, although social recruitment is as old as recruitment itself, simply having employees post job openings on various social channels alone, is no longer going to cut it. Instead, explained Talentry CEO Carl Hoffmann on a call last week, social recruitment combined with content marketing works much more effectively. For example, employees could share a company blog post about an upcoming product, which would also include relevant job postings. The landing pages generated by Talentry are personalised, too, so that the employee who shared the content is clearly signposted and the recruitment-related content can be further adapted for their audience accordingly. More broadly, Hoffmann says that fierce competition for talent is changing the way companies recruit. This is seeing a marketing strategy comparable to winning customers. “To do this successfully — attracting candidates, building talent pools and nurturing them long-term — companies need the right technology,” he explains. Talentry says it serves over 150 clients across all industries, including Henkel, Swiss Post, Vodafone, Axel Springer, and Universal Music Group. Meanwhile, the new funding will be used to develop further product features, such as a more powerful CRM for tracking recruitment leads, and to grow the team. Hoffmann says the company also plans to launch in international markets, including the U.K. and U.S., adding to the German-speaking countries it currently targets. Guillem Sagué, who led the investment at Nauta Capital, says: “At Nauta we invest in capital-efficient global disruptors in the software space, and we believe Talentry has the potential to create a new software category focused on building and nurturing relationships with talented potential candidates at scale. As this is the first investment we made in Germany from our current €155 million fund this investment is the first building block of our German operations”. ... Read More
Penta, the German fintech startup that offers a digital bank account targeting SMEs, has launched multi-card support to make it easier to manage company expenses. Dubbed ‘Team Access,’ the new feature — which affords similar functionality to the likes of Pleo, Spendesk, and Soldo — lets business owners issue multiple MasterCards to employees who need to make purchases on a company’s behalf. Each card is linked to a business’ Penta account but can have custom rules and permissions per card/employee, in terms of how much money can be spent and where. More broadly, the feature is designed to cut down the time and cost of expense management for SMEs. “As business owners know, it can take weeks of daunting paperwork to get another debit card from a legacy bank. The alternative solution for a business owner is to apply for a business credit card which has a predefined credit limit. Most early stage businesses aren’t credit-worthy, and therefore can’t get a second card,” explains the company. To help with expense management, Penta already lets you categorise transactions and export them to various accounting software. On the public roadmap is “automated accounting,” which will offer the ability to sync your account to third-party accounting tools. Meanwhile, Team Access is being rolled out in two stages. As of today, users will be able to issue team debit MasterCards and give account access to founders/Managing Directors. In the “coming weeks,” the option to issue Penta cards and give account access to all employees will be added. The two-stage roll out is likely related to Penta’s recent scaling issues that saw it initially struggle to open new accounts in a timely manner due to high demand. The fintech startup runs on top of Banking-as-a-Platform solarisBank (rather than holding a banking license of its own), and I understand the bottleneck, which has now been cleared, was related to solarisBank’s account verification processes. ... Read More
Talentry, a startup based in Munich that has developed a “social recruitment and marketing platform,” has closed €6 million in Series A funding. Leading the round is Nauta Capital, the pan-European VC focused on SaaS, with participation from Rocket Internet’s GFC, Allgeier SE, and number of angel investors. I also understand that GFC previously backed Talentry’s €2 million seed round. Relatively low-key to date, Talentry offers a SaaS to enable companies to utilise their employees’ social networks to help with recruitment. The platform powers employee referral and employee advocacy programs, including the ability for employees to easily share job openings and corporate content. The premise is that, although social recruitment is as old as recruitment itself, simply having employees post job openings on various social channels alone, is no longer going to cut it. Instead, explained Talentry CEO Carl Hoffmann on a call last week, social recruitment combined with content marketing works much more effectively. For example, employees could share a company blog post about an upcoming product, which would also include relevant job postings. The landing pages generated by Talentry are personalised, too, so that the employee who shared the content is clearly signposted and the recruitment-related content can be further adapted for their audience accordingly. More broadly, Hoffmann says that fierce competition for talent is changing the way companies recruit. This is seeing a marketing strategy comparable to winning customers. “To do this successfully — attracting candidates, building talent pools and nurturing them long-term — companies need the right technology,” he explains. Talentry says it serves over 150 clients across all industries, including Henkel, Swiss Post, Vodafone, Axel Springer, and Universal Music Group. Meanwhile, the new funding will be used to develop further product features, such as a more powerful CRM for tracking recruitment leads, and to grow the team. Hoffmann says the company also plans to launch in international markets, including the U.K. and U.S., adding to the German-speaking countries it currently targets. Guillem Sagué, who led the investment at Nauta Capital, says: “At Nauta we invest in capital-efficient global disruptors in the software space, and we believe Talentry has the potential to create a new software category focused on building and nurturing relationships with talented potential candidates at scale. As this is the first investment we made in Germany from our current €155 million fund this investment is the first building block of our German operations”. ... Read More
<p><a href="https://www.getpenta.com/en/home">Penta</a>, the German fintech startup that <a href="https://techcrunch.com/2017/12/12/penta/">offers a digital bank account targeting SMEs</a>, has launched multi-card support to make it easier to manage company expenses.</p> <p>Dubbed ‘Team Access,’ the new feature — which affords similar functionality to the likes of <a href="https://techcrunch.com/2017/02/15/pleo-a-startup-that-offers-a-card-and-app-to-manage-company-expenses-gets-backing-from-creandum/">Pleo</a>, <a href="https://techcrunch.com/2018/01/30/spendesk-raises-99-million-to-build-your-next-corporate-card/">Spendesk</a>, and <a href="https://techcrunch.com/2017/02/14/soldo-business/">Soldo</a> — lets business owners issue multiple MasterCards to employees who need to make purchases on a company’s behalf.</p> <p>Each card is linked to a business’ <a class="crunchbase-link" href="https://www.crunchbase.com/organization/pentafintech/" target="_blank">Penta <span class="crunchbase-tooltip-indicator"></span></a> account but can have custom rules and permissions per card/employee, in terms of how much money can be spent and where. More broadly, the feature is designed to cut down the time and cost of expense management for SMEs.</p> <p>“As business owners know, it can take weeks of daunting paperwork to get another debit card from a legacy bank. The alternative solution for a business owner is to apply for a business credit card which has a predefined credit limit. Most early stage businesses aren’t credit-worthy, and therefore can’t get a second card,” explains the company.</p> <p>To help with expense management, Penta already lets you categorise transactions and export them to various accounting software. On the public roadmap is “automated accounting,” which will offer the ability to sync your account to third-party accounting tools.</p> <p>Meanwhile, Team Access is being rolled out in two stages. As of today, users will be able to issue team debit MasterCards and give account access to founders/Managing Directors. In the “coming weeks,” the option to issue Penta cards and give account access to all employees will be added.</p> <p>The two-stage roll out is likely related to Penta’s recent scaling issues that saw it initially struggle to open new accounts in a timely manner due to high demand. The fintech startup runs on top of Banking-as-a-Platform <a href="https://techcrunch.com/2016/03/14/solarisbank/">solarisBank</a> (rather than holding a banking license of its own), and I understand the bottleneck, which has now been cleared, was related to solarisBank’s account verification processes.</p> <div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/Techcrunch?a=VJjPLTlMPqE:PfJ6LCXnRo0:2mJPEYqXBVI"><img src="http://feeds.feedburner.com/~ff/Techcrunch?d=2mJPEYqXBVI" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/Techcrunch?a=VJjPLTlMPqE:PfJ6LCXnRo0:7Q72WNTAKBA"><img src="http://feeds.feedburner.com/~ff/Techcrunch?d=7Q72WNTAKBA" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/Techcrunch?a=VJjPLTlMPqE:PfJ6LCXnRo0:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/Techcrunch?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/Techcrunch?a=VJjPLTlMPqE:PfJ6LCXnRo0:-BTjWOF_DHI"><img src="http://feeds.feedburner.com/~ff/Techcrunch?i=VJjPLTlMPqE:PfJ6LCXnRo0:-BTjWOF_DHI" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/Techcrunch?a=VJjPLTlMPqE:PfJ6LCXnRo0:D7DqB2pKExk"><img src="http://feeds.feedburner.com/~ff/Techcrunch?i=VJjPLTlMPqE:PfJ6LCXnRo0:D7DqB2pKExk" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/Techcrunch?a=VJjPLTlMPqE:PfJ6LCXnRo0:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/Techcrunch?d=qj6IDK7rITs" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/Techcrunch/~4/VJjPLTlMPqE" height="1" width="1" alt="" />... Read More
<p><a href="https://www.talentry.com/en/">Talentry</a>, a startup based in Munich that has developed a “social recruitment and marketing platform,” has closed €6 million in Series A funding.</p> <p>Leading the round is <a href="https://techcrunch.com/2017/04/19/nauta-capital-closes-out-170m-third-fund/">Nauta Capital</a>, the pan-European VC focused on SaaS, with participation from Rocket Internet’s GFC, Allgeier SE, and number of angel investors. I also understand that GFC previously backed Talentry’s €2 million seed round.</p> <p>Relatively low-key to date, Talentry offers a SaaS to enable companies to utilise their employees’ social networks to help with recruitment. The platform powers employee referral <em>and</em> employee advocacy programs, including the ability for employees to easily share job openings and corporate content. The premise is that, although social recruitment is as old as recruitment itself, simply having employees post job openings on various social channels alone, is no longer going to cut it.</p> <p>Instead, explained Talentry CEO Carl Hoffmann on a call last week, social recruitment combined with content marketing works much more effectively. For example, employees could share a company blog post about an upcoming product, which would also include relevant job postings. The landing pages generated by Talentry are personalised, too, so that the employee who shared the content is clearly signposted and the recruitment-related content can be further adapted for their audience accordingly.</p> <p>More broadly, Hoffmann says that fierce competition for talent is changing the way companies recruit. This is seeing a marketing strategy comparable to winning customers. “To do this successfully — attracting candidates, building talent pools and nurturing them long-term — companies need the right technology,” he explains.</p> <p>Talentry says it serves over 150 clients across all industries, including Henkel, Swiss Post, Vodafone, Axel Springer, and Universal Music Group. Meanwhile, the new funding will be used to develop further product features, such as a more powerful CRM for tracking recruitment leads, and to grow the team. Hoffmann says the company also plans to launch in international markets, including the U.K. and U.S., adding to the German-speaking countries it currently targets.</p> <p>Guillem Sagué, who led the investment at Nauta Capital, says: “At Nauta we invest in capital-efficient global disruptors in the software space, and we believe Talentry has the potential to create a new software category focused on building and nurturing relationships with talented potential candidates at scale. As this is the first investment we made in Germany from our <a href="https://techcrunch.com/2017/04/19/nauta-capital-closes-out-170m-third-fund/">current €155 million fund</a> this investment is the first building block of our German operations”.</p> <div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/Techcrunch?a=aLqx-XdEr2M:tu95zQaE2iY:2mJPEYqXBVI"><img src="http://feeds.feedburner.com/~ff/Techcrunch?d=2mJPEYqXBVI" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/Techcrunch?a=aLqx-XdEr2M:tu95zQaE2iY:7Q72WNTAKBA"><img src="http://feeds.feedburner.com/~ff/Techcrunch?d=7Q72WNTAKBA" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/Techcrunch?a=aLqx-XdEr2M:tu95zQaE2iY:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/Techcrunch?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/Techcrunch?a=aLqx-XdEr2M:tu95zQaE2iY:-BTjWOF_DHI"><img src="http://feeds.feedburner.com/~ff/Techcrunch?i=aLqx-XdEr2M:tu95zQaE2iY:-BTjWOF_DHI" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/Techcrunch?a=aLqx-XdEr2M:tu95zQaE2iY:D7DqB2pKExk"><img src="http://feeds.feedburner.com/~ff/Techcrunch?i=aLqx-XdEr2M:tu95zQaE2iY:D7DqB2pKExk" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/Techcrunch?a=aLqx-XdEr2M:tu95zQaE2iY:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/Techcrunch?d=qj6IDK7rITs" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/Techcrunch/~4/aLqx-XdEr2M" height="1" width="1" alt="" />... Read More
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