Author: prosperplanetpulse.com

Infographic: Top startup funding in Latin America, week 28 Brazilian fintech firm Alume secures $7 million to expand medical loan offeringsMexican iPaaS Moffin raises $2.1M to strengthen automation and regulatory capabilitiesParaguayan-Bolivian fintech company Bucksapp raises $1 million to strengthen technologyBrazilian real estate tech company Pipeimob raises $455,000 to expand platform featuresBrazilian edtech company Realize secures $300,000 to invest in sales and marketingBrazilian fintech firm Alume secures $7 million to expand medical loan offeringsBrazilian fintech company Alume has secured $7 million in a funding round led by Japan’s Credit Saison, marking the fund’s first investment in Brazilian higher education.Founded in 2019,…

According to industry data, Turkey’s entrepreneurial system managed to raise a total of $587 million in investments through 235 deals at the seed, early and late venture capital stages in the first half of this year. Of those, 53 were made in the second quarter, bringing in $476 million in revenue, according to Startup Watch data released at an event this week. Excluding a deal by fast-delivery pioneer Getir, $337 million was invested in the first six months. Compared to pre-pandemic periods, deal size in the first half of 2024 was 417% higher than in all of 2019, even excluding…

If you’re interested in the Tennessee startup scene, this is the place to be. Tennessee’s leading entrepreneurial event attracts hundreds of founders, investors and tech enthusiasts across dozens of industries to a lively event held in Nashville each year. 3686 is a three-day entrepreneurial conference hosted by Launch Tennessee (LaunchTN) to provide startups with capital, connections and commercialization. Now in its 11th year, the event is part of LaunchTN’s goal to be the hub of startups and innovation in Tennessee. Pitch competitions, founder happy hours, startup showcases, the sort of thing. This year’s event will include one-on-one investor meetings, a…

Tom Costello, Adam Harding and Carl Johnstone of Scottish start-up Tailored Spirits Co.Tailored Spirits Co., Ltd. Tailored Spirits has been recognised for its work to support individuals in the process of whisky casking. The innovative new company was co-founded by Tom Costello, Adam Harding and Carl Johnston, who aim to help customers “unlock the true value of rare cask-aged spirits” and their business was recently awarded the Scottish Edge, one of Scotland’s most prestigious new business awards. According to the Scotch Whisky Association, 1.35 billion bottles of Scotch whisky are exported each year. You might wonder why a new company…

10 things to watch on Friday, July 12 Will the market rotation out of tech stocks and into other stocks continue since the start of the year? This usually tends to last three sessions. Interest rates are key. The June producer price index rose slightly on Friday morning, but that didn’t back up Thursday’s weak consumer price index, which reversed the market and raised hopes of up to three Federal Reserve rate cuts this year. The Nasdaq fell nearly 2% on Thursday, ending a streak of six consecutive record closes. JPMorgan reported sales and profits that beat expectations. Revenue of…

On the same evening this week, the two major parties’ presidential candidates each gave a speech that revealed the fundamental nature of the man.In Washington, President Biden assembled world leaders to mark the 75th anniversary of the founding of NATO, which Biden has rebuilt and expanded over the last 3½ years. “The American people know that all the progress we’ve made in the past 75 years has happened behind the shield of NATO,” the (very) elder statesman told them, in the same room where Harry S. Truman signed the treaty forming the alliance. “And the American people understand what would…

Council outsources investment management services, directs staff to study city treasurer role, hours, salary By SARA HALL City Council this week agreed to outsource the management of surplus investments and debated the role and responsibilities of the city treasurer. After more than two hours discussing the item, councilmembers voted 5-0 on Tuesday (July 9) to approve the transition plan of investment management services to Meeder Public Trust, as revised by the council by assigning what was suggested as the finance director’s role to the city manager instead. The action also updated the city’s investment policy to reflect the change in…

Wall Street was roughly flat in early trading as bank quarterly earnings and new inflation data pulled markets in different directions.S&P 500 futures were unchanged before the close of trading on Friday, while Dow Jones Industrial Average futures were up less than 0.1%.Shares of major U.S. banks were mixed, even as most reported healthy profits that beat Wall Street expectations.The stock rebounded after JPMorgan sold off billions of dollars of its stake in Visa Inc. and the bank reported a 25% increase in profits from a year ago, but the stock only saw modest gains.Wells Fargo’s results worsened even as…

“Swipe up to get this exclusive product and use my code for 20% off”—are influencers maximizing their marketing potential? Unless you’re extremely naive, you’ve probably come across these social media calls to action: Influencer marketing has carved out a huge niche for itself in the digital marketing space, projected to become a $38.2 billion industry by 2030 thanks to influencers using platforms like TikTok, YouTube, and Instagram to influence consumer choices. But a new trend is emerging: influencers are no longer just promoting other brands’ products, they’re also launching their own products. The magnetic power of influencers To understand why…

Teamwork, collaboration, planning with black woman working with documents, papers and design strategy in office.Business startup, gender equality, marketing diverse people ideas in workspace meeting Comcast NBCUniversal’s new show is giving Black entrepreneurs a platform to shine. In this three-part series, Cultural CapitalThe show will showcase a diverse group of entrepreneurs as they navigate the unique challenges of running and scaling their growing empires. Hosted by Felecia Hatcher, CEO of Pharrell’s nonprofit Black Ambition Prize, the show will feature: Cultural Capital It follows the lives of nine entrepreneurs of color and offers an inside look into the competitive business environment…