London-based SumUp launches in Australia, its 36th market, to provide SMEs with affordable, easy-to-use payment solutions. Among the products being introduced is SumUp Air, a popular card reader that can take up to 500 transactions on a single charge.
As many in the tech space are all-too-painfully aware, funding is generally down from year-ago highs. Here’s a glimmer of good news: Carta reports that pre-seed funding actually rose in the second quarter of 2023 to $972 million, up 17% from the previous quarter. Alas, the number of deals continued to drop, falling to 1,608 vs 1,820 the quarter before.
Know-it, a Glasgow-based fintech will expand into Australia with its credit management platform in 2024. The platform used by small medium enterprises (SMEs) to manage credit control processes, can help minimize late payments and boost cashflow.
Salesforce’s Dreamforce mega-conference is next week and the company’s publicity elves are already working overtime. In the first of what are sure to be daily announcements this week, the company announced 100+ industry-specific prompts, data models, and AI capabilities across its fifteen industry clouds. It also launched an AI Use Case Library to house its industry-specific AI offerings.