Michele Mattei’s Post

UK based Viable secures $2.8 million to transform finance for online and multichannel merchant #Viable, a London-based #fintech startup, has announced the successful closing of its €2.8 million seed funding round. This funding round saw participation from Episode 1 Ventures, Haatch, Portfolio Ventures, and a group of angel investors led by Martin Brailsford, former founder & CEO of e-commerce group Internet Fusion. The company had previously secured pre-seed funding in 2023 from the same group of angel investors. Founded in 2023 by Franklyn Martin, Henry Young, and Steven Haynes, Viable is dedicated to helping consumer brands enhance their growth, profit, and cash flow outcomes. The company is building verticalised finance technology designed for the new breed of online and multi-channel merchants. By leveraging recent advancements in open banking, payments, and AI infrastructure, Viable aims to streamline finance operations and optimize working capital. The growing number of merchants utilizing platforms like Shopify, Amazon, and TikTok have faced significant changes in the equity, debt, and credit landscape, compounded by rising costs and increased competition. These factors have put immense pressure on their financial performance and optimization. Viable launched the first version of its technology last year to address these challenges and has already seen early adoption across the fashion, beauty, and health & wellness sectors. Simon Murdoch, managing partner of Episode 1, highlighted the difficulties e-commerce businesses face in predicting cash flow and making strategic financial decisions. He noted that Viable simplifies these processes, enabling business owners to plan ahead and achieve commercial success. The article on EU-Startups in the first comment. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://t.ly/s541W   - Substack: https://lnkd.in/dzfGJzmW

The secondhand and alternative goods market is growing at a clip. Think Facebook Marketplace and Depop. Shopfront one of Antler's recent investments, is capitalising on this growing market, with a new platform that enables users to do everything from creating listings and selling products across multiple marketplaces in one place. Launching within the APAC region where competition is still limited and green, Shopfront is striking at the right time to succeed. With already 50 users using its MVP and plans to secure 500 sign-ups for its waitlist and roll out its beta platform next month, this business is certainly one to keep an eye on. Read more via Startup Daily👇 https://lnkd.in/gyD5St6e

Appcharge, the leading direct-to-consumer platform, is excited to share a $26 million Series A funding round, led by Creandum, with participation from Supercell, BITKRAFT Ventures, Moneta Ventures and Corundum, alongside existing investors Play Ventures, Glilot Capital Partners, and angel investors. This new funding marks Appcharge's next step in driving the DTC movement forward. Web stores have become ubiquitous—our recent industry report confirms this trend—but the DTC space still has so much room to grow. Maor Sason Roei Barassi Or Ben Shimon Gil Tov-Ly To share your startup story write us on - contact@startuprise.org #funding #startup #SeriesA #Appcharge

Four stages of startups founder growth according to someone I read recently: First time founder cares about product. Second time founder cares about distribution (marketing). Third time founder cares about retention. Fourth time founder cares about finding a big enough market. My favorite market in the adtech/martech industry is cashback. It’s huge! Probably because it just goes so well with e-commerce - whatever you buy, it’s better with cashback. Anyway, recently we closed a deal with Qoala. The guys are about all things smart shopping and I love it https://lnkd.in/ekGpzp6x

✍ #Andrei_Hagiu, an associate professor at Boston University who has studied marketplaces such as #Airbnb and #Coupang for more than 20 years and has angel investment experience in more than 50 marketplace startups, introduces six principles of marketplace success as follows. ✔️①strong network effects ✔️②fragmentation ✔️③seller differentiation ✔️④added value via discovery and better transactions ✔️⑤global scalability ✔️⑥high switching costs 🏧 He concludes that investors and founders still need to evaluate the marketplace’s ability to execute in ways that will fulfill that potential. https://lnkd.in/dQMgdJWm

Reshop, a startup that focuses on the refund process for both consumers and retailers, has announced Afterpay Co-founder Anthony Eisen as its CEO, as well as a $17 million fundraise https://lnkd.in/g2M2VHjd

Navigating Startup Challenges: Startups often face numerous challenges, from limited resources to navigating a competitive market. One key area that can make or break a young business is supply chain management. Choosing the right suppliers is about more than just cost—it’s about building relationships with partners who align with your values, understand your goals, and can grow with your business. An interesting article we came across [linked below] highlights some of the unforeseen challenges that startups can face. If you are part of a startup or find that your company facing similar challenges, please reach out to us. We would love to sit down with you and discuss ways that Nibo Global Enterprises could help you overcome these hurdles. https://lnkd.in/gBwFJiBX

https://lnkd.in/gpV2Jnri How to Create a Website Like Poshmark [Step-By-Step Guide] Have you ever wondered what it would take to build your own version of Poshmark, the popular social shopping app for buying and selling new and used clothing? With the rise of the sharing economy and online resale, the Poshmark business model has proven to be incredibly successful. In this post, we’ll explore its history, how the platform works, key website features to build, a step-by-step guide to launching your own Poshmark clone, and frequently asked questions about building this type of marketplace startup. Let’s dive in! Start Your Entrepreneurial Journey Today With Zipprr Zipprr is the online marketplace to […]

Kenyan Startup MarketForce Shuts Down Reja Reja It’s e-Commerce Arm: Here’s Why Y Combinator-backed Kenyan startup MarketForce has announced the shutdown of its B2B e-commerce platform, RejaReja. “After immense efforts to make our business model sustainable, including downsizing the business to extend the runway for as long as possible, we have concluded that it is no longer feasible to keep RejaReja operational.” - Tesh Mbaabu (co-founder MarketForce) Read more 👇 #ecommerce #startup #Kenyastartup #rejareja #marketforce

https://lnkd.in/gUB6bgaA How to Create a Website Like Poshmark [Step-By-Step Guide] Have you ever wondered what it would take to build your own version of Poshmark, the popular social shopping app for buying and selling new and used clothing? With the rise of the sharing economy and online resale, the Poshmark business model has proven to be incredibly successful. In this post, we’ll explore its history, how the platform works, key website features to build, a step-by-step guide to launching your own Poshmark clone, and frequently asked questions about building this type of marketplace startup. Let’s dive in! Start Your Entrepreneurial Journey Today With Zipprr Zipprr is the online marketplace to […]