startups

Startup or start up is a company or project initiated by an entrepreneur to seek, effectively develop, and validate a scalable business model. Hence, the concepts of startups and entrepreneurship are similar.

(source: en.wikipedia.org)

JPMorgan Boosts Business After Silicon Valley Bank’s Collapse
JPMorgan Boosts Business After Silicon Valley Bank’s Collapse
July 12, 2023  |  Banking

Silicon Valley Bank’s collapse in March has prompted J.P. Morgan to tap into the resulting vacuum and grow its business of banking venture capitalists and...

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Sapphire Ventures Announces $1 Billion Investment in AI-Powered Enterprise Technology
Sapphire Ventures Announces $1 Billion Investment in AI-Powered Enterprise Technology
July 11, 2023  |  Investments

Sapphire Ventures has committed an investment of more than $1 billion to cultivate the next generation of artificial intelligence (AI)-powered enterprise technology. This investment marks a...

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SVB Capital Veteran John China Joins JPMorgan Innovation Economy
SVB Capital Veteran John China Joins JPMorgan Innovation Economy
July 11, 2023  |  Personnel

J.P. Morgan has added former SVB Capital President John China to its Innovation Economy (IE) business. China will serve alongside Melissa Smith as co-head of IE for Commercial Banking (CB), J.P. Morgan said in...

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China’s IPO Applications Plunge in First Half of 2023
China’s IPO Applications Plunge in First Half of 2023
July 10, 2023  |  IPO

So far, 2023 has not been a good year for the Chinese IPO (initial public offering) market. As Reuters reported Monday (July 10), IPO applications in that...

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Dubai and Mastercard Forge Digital City Partnership for Economic Development
Dubai and Mastercard Forge Digital City Partnership for Economic Development
July 07, 2023  |  Partnerships

Dubai’s Department of Economy and Tourism (DET) has announced a partnership with Mastercard to accelerate the emirate’s growth in line with the goals of the...

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Venture Spending Drops by Almost Half in US
Venture Spending Drops by Almost Half in US
July 06, 2023  |  Startups

Times are tough for early-stage startups, suffering a drastic drop in venture capital spending. American investors backed 3,011 startup deals in the second quarter of...

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Report: African Startup Union54 Plans September Launch of Super App
Report: African Startup Union54 Plans September Launch of Super App
June 30, 2023  |  Mobile Payments

African startup Union54 is reportedly developing a super app that may launch in September. The new ChitChat app aims to provide secure messaging, dollar-based virtual...

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JustPaid Debuts Suite of AI-Powered Finance Services
JustPaid Debuts Suite of AI-Powered Finance Services
June 27, 2023  |  B2B Payments

Artificial intelligence (AI)-powered finance company JustPaid has debuted its product suite after raising $3.5 million. The company announced the seed funding and product launch Tuesday...

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Data Management Firm Databricks to Acquire AI Startup MosaicML for $1.3 Billion
Data Management Firm Databricks to Acquire AI Startup MosaicML for $1.3 Billion
June 26, 2023  |  Acquisitions

Databricks is buying generative artificial intelligence (AI) startup MosaicML in a $1.3 billion deal. The acquisition is designed to meet the rapid demand among businesses for their own version of ChatGPT,...

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