Endeavor

2019 EIN SF Facebook

Issue link: http://endeavor.uberflip.com/i/1108345

Contents of this Issue

Navigation

Page 26 of 51

27 B A M F I TODD EHRLICH Fintech US Raising $10M Blue-collar companies in the transportation, staffing, and construction industries have long payment cycles, and often need working capital to fund operations. As a result, these businesses frequently resort to factoring, the process of selling the rights to their invoices at a discount in exchange for immediate cash payment. Today's factoring firms lack the technological innovation to operate efficiently, however, and subsequently charge clients high loan rates and are slow to deliver capital to clients. With its platform, BAMWire, which automates the factoring and invoice management processes, BAMfi quickly provides blue- collar businesses with working capital, allowing them to grow by, on average, 60% per year. BAMfi has processed over $1B in factoring transactions. B I R D I E ALEXANDRE HADADE Consumer Tech US Raising $3M For millions of online consumers, buying consumer goods can be boring and time-consuming. The growing number of products, offers and information available confuses users - 87% of them don't believe the information and reviews they find online - and make the shopping cycle last 55 days and around 185 touchpoints. Birdie is a social product discovery platform that dramatically reduces the time spent on searching while increasing the user's confidence. Birdie's product recommendations and reviews are generated by a trusted community of users and enriched with AI-generated content to deliver curated, complete, credible and ad-free product suggestions that can make the buying journey seamless, faster and smarter. B I T S O DANIEL VOGEL Fintech LatAm Raising Series B Bitso is the leading wallet and payments app in Mexico. With over 600,000 users, Bitso would be the 11th largest bank in Mexico. Its blockchain-based technology allows its customer to access quick, efficient, and cost effective financial services in Mexico and soon the rest of LatAm. Over the last 4 years since its founding, Bitso has had over $2.6B exchanged and more than 5.0M deposits and withdrawals B U K A L A P A K TEDDY OETOMO Consumer Tech Asia Raising Series E Bukalapak is an online C2C marketplace platform and one of Indonesia's four unicorns. Bukalapak has 4 million sellers on its platform. Expanding beyond the conventional marketplace space, Bukalapak also spearheads Online to Offline (O2O) efforts to empower Indonesia's MSMEs with hundreds of thousands of Warungs (mom and pop shops) across all provinces in Indonesia through. Through this initiattive, the company revolutionizes Warungs' supply chain and distribution system and provides additional income to small businesses.

Articles in this issue

view archives of Endeavor - 2019 EIN SF Facebook