Micromobility’s next big business is software, not vehicles – TechCrunch

The days of the shared, dockless micromobility model are numbered. That’s essentially the conclusion reached by Puneeth Meruva, an associate at Trucks Venture Capital who recently authored a detailed research brief on micromobility. Meruva is of the opinion that the standard for permit-capped, dockless scooter-sharing is not sustainable — the overhead is too costly, the…

Remote hiring startup Deel raises $156M at a $1.25B valuation after 20x growth in 2020 – TechCrunch

Many of the world’s organizations shifted to remote work due to the COVID-19 pandemic. But even as more people are vaccinated and offices are planning re-openings, it’s clear that for some organizations, remote work is here to stay.  Deel, a startup which provides payroll, compliance tools and other services to help businesses hire remotely, has…

Nigerian fintech Okra raises $3.5M backed by Accenture Ventures and Susa Ventures – TechCrunch

The last five years have seen a plethora of fintech applications in Nigeria (and Africa, in general) grow at an astonishing rate. But most of these companies and developers find it difficult to access real-time banking data. This, in turn, creates a bottleneck when onboarding and verifying customers. Since 2019, Plaid-esque companies, but with different…