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Capillary Technologies Raises $45 Million in Series D Funding Round to Expand to Global Market

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Leading cloud-based omnichannel platform Capillary Technologies has raised $45 million in a Series D funding round to expand into the global market and widen its reach through mergers and acquisitions.

The funding round was led by Avataar Ventures and its LPs Pantheon, 57 Stars, and Unigestion. It also saw participation from InnoVen Capital and Filter Capital.

Speaking on the funds raised, founder and managing director of Capillary Aneesh Reddy said,

With this new funding, we are poised to expand our footprint in North America and Europe and pursue strategic acquisitions that align with our vision of becoming the preeminent loyalty company globally”.

Also speaking on the recent funds raised, managing partner at Avataar Ventures Mohan Kumar said,

It has been remarkable witnessing Capillary’s business transformation over the past four years. The strategic decision to diversify from Asia into the US and Europe, encompassing various consumer verticals beyond retail, has been short of impressive. This move has catapulted Capillary into a leadership position in loyalty software and this has been recognized by external mentions like the Forrester Wave. Given the expanded addressable market and the immense potential that lies ahead, Avataar is wholeheartedly committed to supporting Capillary in its pursuit to become a global market leader”.

Founded in 2012 by Reddy, Ajay Modani, and Krishna Mehra, Capillary Technologies through its Software As A Service (SaaS) products, helps large corporations around the world to grow amidst changing consumer expectations, collect more data and insights into their consumers and business with Capillary’s comprehensive AI-powered consumer experience platform.

Capillary platform provides enterprise-ready security features enabling its customers to operate safely. It has a presence across the United States, India, the Middle East, and Asia, in particular, Southeast Asia.

The company claims to have worked with over 250 brands, which includes Tata, PUMA, Shell, Al-Futtaim, Petron, Domino’s, Kanmo Group, and Marks & Spencer. Capillary’s platform currently powers over 100 loyalty programs across more than 30 countries and it claims to have a reach of over one billion consumers, processing more than 5 billion annual transactions.

Over the last decade, Capillary has built expertise across a wide range of industries- Fuel Retail, CPG, Conglomerates, Aviation, Hospitality, and Retail (Apparel, Footwear, Hypermarkets, F&B, Luxury and Jewelry, CD & IT, Health and Beauty).

Notably, it witnessed exceptional growth in the United States, expanding 3.5 times since the acquisition of Persuade in 2021. The US now accounts for more than a third of Capillary’s revenue. The company thrives on making customer-focused choices through validation, continuous feedback, and co-creation with customers that result in better solutions.

Stripe Rolls Out Credit Card to Make it Easier For Small Businesses to Access Capital

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Financial services company Stripe has rolled out credit cards for customers to enable fintech to create and distribute credit cards for customers, providing new revenue streams and giving easier access to capital for small businesses.

Stripe revealed that this service will allow other fintech platforms to create virtual or physical cards that customers can spend on credit, rather than funds in their account.

Speaking on the rollout of the card, the Head of Product for BaaS at Stripe Denise Ho said,

“Whether a small business is just starting or looking to expand, access to capital can make all the difference. Our new charge card allows FinTechs and SaaS platforms to provide access to a reliable source of credit for the many small businesses they work with”.

Stripe stated that these cards will provide new revenue streams for platforms and provide smaller businesses with easier access to capital. Also, the new service will remove some of the challenges other platforms would face in developing their credit offerings, such as repayment collection and licensing requirements.

The fintech’s charge card scheme will offer adjustable settings, so businesses can set individual credit limits and repayment schedules. The program runs on Stripe Issuing, which the company claims already supports around half a million transactions per day.

The charge card offers will be linked with other Stripe services, as platforms will be able to use features like Invoicing and Checkout when they need to collect repayments.

While supporting the finances of small businesses, Stripe said this scheme will also make funding easier for platforms offering credit, as funds issued out can be sent back to Stripe after the transaction settlement date.

Also, businesses can set individual credit limits and repayment schedules, including flexible weekly, monthly, or set-day repayment options. When businesses need to collect repayments from customers, they can use Stripe’s suite of products, including no-code and embeddable options like Invoicing and Checkout.

The charge card program also provides flexible funding options for platforms. Once a card is used to purchase, the transaction must be funded. Most charge card programs require the platform offering the card to cover the

transaction immediately, which forces platforms to maintain large cash balances.

For its part, Stripe will make money off interchange fees, so as customer volume grows and users spend more, the financial giant will earn more.

Launched in 2011, Stripe has been investing in global payments and treasury networks to help solve the pain point for ambitious, global platforms and marketplaces that want to connect retailers with consumers. The financial giant’s remarkable offering has seen Millions of companies of all sizes from startups to Fortune 500s, use Stripe’s software and APIs to accept payments, send payouts, and manage their businesses online.

Stripe makes moving money as easy and programmable as moving data. Also, users can use Stripe not only to accept payments but also to quickly support new markets, upgrade existing systems and tools, go direct-to-consumer, and engage customers with subscriptions and marketplaces.

Trader who called 2023 crypto rally predicts massive surge for Litecoin and Tradecurve

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The cryptocurrency industry has always been subject to speculation and predictions, with traders and analysts trying to forecast the next big moves. Amid the 2023 crypto rally, one trader’s predictions have gained significant attention.

This trader accurately called the rally and is now forecasting a massive surge for Litecoin  and Tradecurve, now in its presale run. Let’s dive into the details of these predictions and explore their potential implications.

Summary

  • Analyst who predicted a crypto rally announces new surges
  • Litecoin (LTC) could see a price increase
  • Tradecurve (TCRV) to jump by 100x

>>BUY TCRV TOKENS NOW<<

Litecoin (LTC) predicted to see a substantial value increase

Litecoin, seen as the “silver to Bitcoin’s gold,” has been an established cryptocurrency for many years. The trader who accurately called the 2023 crypto rally now predicts a massive surge for Litecoin.

DonAlt, a pseudonymous cryptocurrency analyst, writes to his 486,900 Twitter followers to express his conviction that Litecoin is about to make a move. According to the crypto researcher, Litecoin might quickly rise by over 100% if it breaks out of its current range.

Litecoin has a value of $89.30 with a market cap of $6.5B, which is a fall of 3.92% in the last 24 hours. Even if DonAlt believes that Litecoin has a substantial upward potential, the current market conditions make it hard for Litecoin bulls to start a rally with plenty of moving averages and technical indicators in the red.

Tradecurve (TCRV) to see a 100x rise

In addition to predicting a surge for Litecoin, the trader also forecasts significant growth for the Tradecurve presale. This decentralized hybrid trading platform has gained attention for its many tradable assets, privacy-focused approach, and long-term growth potential.

Tradecurve will be one of the few trading platforms that allow cryptocurrency to be used as collateral while trading stocks, forex, commodities, and cryptocurrencies on one account. This will eliminate the need for sign-up KYC checks that traditional trading platforms utilize and allow Tradecurve users to trade in complete anonymity.

The platform will also emphasize security with a negative balance protection and a Proof of Reserves (PoR) to be implemented after the platform’s launch after the presale’s conclusion. Features such as a metaverse trading academy where users may learn new strategies, copy trading where traders can subscribe to other individuals and replicate their decisions, and high leverage starting at 500:1 make it an appealing choice for experienced traders and newcomers.

The utility token of this platform, TCRV, will be at the center of this vast ecosystem and power all these features. Currently, TCRV costs just $0.015 and comes with a 25% deposit bonus on each buy. The presale is in Stage 3, and as it advances, the analyst predicts that a 50x rise is incoming due to its solid foundation and excellent fundamentals. Only 40% of the 1.8B token supply will be available during its presale, and since holding the token brings governance voting rights, price cuts on subscription fees, and staking rewards – they are selling fast.

When its presale concludes and the token launches, it is expected to list on Uniswap or another Tier-1 CEX, which could drastically increase its value. Thus, a 100x surge can also be projected for TCRV. The trader’s prediction aligns with the presale’s increase in popularity, as millions of tokens have already been sold. So, if you want to capitalize on the best presale of 2023, follow the links below.

 

For more information about the Tradecurve presale:

Click Here For Website

Click Here To Buy TCRV Presale Tokens

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Aptos(APT), Avalanche(AVAX), And Uwerx(WERX) Are Three Tokens To Have Towards The Bull Market

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The last weeks have been filled with numerous ups and downs, and while some crypto tokens perform horrendously, others are picking up considerably. Aptos and Avalanche are two of these cryptocurrencies, and the sentiment surrounding them is progressing more toward the bulls than the bears. Similarly, Uwerx token’s recent announcement to renounce smart contract addresses is building momentum and making all the buzz among investors.

Avalanche(AVAX)

The Avalanche blockchain is a new-generation blockchain system that extends its services beyond the conventional. The project looks to transcend the scalability issues that big blockchains like Ethereum and Bitcoin currently possess. Therefore, it is one of those blockchains creators and developers look to for improved scalability. Avalanche is presently riding the high of its recent partnership with Alibaba Group. The blockchain recently announced a partnership with Alibaba Cloud, stating ongoing plans to launch metaverses on the blockchain.

The partnership is centered around services providing the Alibaba group with the technology needed to launch their metaverse, including Cloudverse, launchpad, and more. Avalanche preaches creations without limits, which the network aims to achieve with this recent partnership. The AVAX token is $14.90 and could be a worthy addition to your portfolio.

Aptos(APT) 

While Avalanche thrives on its recent additions, Aptos is a blockchain that thrives on its ability to process transactions faster than the speed of light. The network’s creators claim Aptos can process as many as 15,000 transactions per second. In comparison, this is about 1000 times the tps on the Ethereum blockchain. The network’s native, currency APT, is presently $8.47. According to a recent analysis, APT will trade between $7.96 to $9.16 by the 17th of May. While there are possibilities of an increase, the bears might also take the lead. On the contrary, WERX tokens are in a much better position as investment options for investors looking forward to a successful 2023.

Uwerx(WERX) Is A Success On Presale

Uwerx could be the future of freelancing, and only those who join in early can ride high on the incredible gains the network promises to pull. The freelance industry is seeing more growth than ever, and Uwerx is a new project that aims to infuse blockchain technology to accelerate this growth even further.

Uwerx will offer unique solutions to freelancers and would even go as far as collaborating with productivity tools such as Trello and Slack to optimize freelancer performances. The platform will also provide freelancers with more opportunities to make money besides clients. They’ll be exposed to other rewards and incentives based on their performances.

Uwerx is a secure and reliable platform, and its recent move to renounce contract addresses shows how more decentralized the platform will be and how holders can have control over activities carried out by the platform. Furthermore, Uwerrx is fully audited and authorized to launch its activities after the presale.

With Uwerx poised for remarkable growth in 2023, savvy investors now have an exclusive window of opportunity to capitalize on this upward trajectory. We’ve already witnessed compelling signs of progress with the release of parts of the Alpha Version, and the impending arrival of the Beta version further solidifies our confidence in the company’s future.

The current WERX price of $0.0315 is set to see an increase to $0.041 come Friday, 2nd June at 15:00 UTC, presenting a unique advantage for those who act swiftly. As a timely investor, you’re eligible for an additional 20% bonus on your orders, a benefit that will be tapered down to 15% soon.

Seize this chance to add WERX to your portfolio at $0.0315, maximizing your return with the added 20% purchase incentive. With such potential waiting to be unlocked, this could be a defining moment in your investment journey. Don’t hesitate – discover more and empower your portfolio by investing in Uwerx today. Find out more through the links below.

 

Find out more about Uwerx here:

 

Website: https://www.uwerx.network

Presale: http://invest.uwerx.network

Telegram: https://t.me/uwerx_network

Twitter: https://twitter.com/uwerx_network

Enjin Coin (ENJ) and Loopring (LRC) Falls, As Sparklo (SPRK) Gains

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Sparklo is expanding in the cryptocurrency market as a result of its unique investment opportunity. The token will offer investors an opportunity to trade in precious metals. Investors looking for stability in a typically unpredictable environment are drawn to Sparklo.

Due to its significant market presence, Sparklo is well-positioned to attract a lot of interest in 2023. After its launch, it will surely surpass Enjin Coin (ENJ) and Loopring (LRC) coins.

Sparklo (SPRK) is going to be a game changer

With its cutting-edge investment strategy, Sparklo seeks to close a gap in the capital market. Members will be able to invest in and hold profitable assets. With Sparklo, it would be easy to trade in gold, silver, and platinum through its proposed marketplace, which would use NFTs. Sparklo is a groundbreaking invention that will allow investments in big or small amounts.

Sparklo token is currently selling at $0.026 per token and a 50% bonus will be given to buyers who purchase the token now. The project is already in the second phase of presale, which means that investors have limited time to join the project. At its current price, there are high chances of making profits if you invest in the project now.

Crypto analysts predict that the Sparklo coin price will increase by 2,000% by the end of the year, bringing in additional money to investors. The KYC audit has also been conducted, and InterFi Network has examined the smart contract and deemed it safe. Now is the best time to invest in the project. You can click the link below to invest.

>>>> BUY SPARKLO TOKENS <<<

 

Enjin Coin (ENJ) launches NFT.io Beta marketplace

Enjin Coin (ENJ) has now released its NFT.io beta marketplace. With Enjin Coin (ENJ) token’s release, the purchasing, selling and exchanging of digital assets would be easy. The Enjin Coin (ENJ) community eagerly anticipated this NFT marketplace. The Enjin Coin (ENJ) platform NFT.io will be dedicated to NFTs (non-fungible tokens). Enjin Coin (ENJ) made it to provide the best user experience possible and let traders communicate directly with the blockchain.

Enjin Coin (ENJ) network’s NFT.io is ideal for collectors and developers to hang out and explore. The Enjin Coin (ENJ) marketplace has all the fundamental features in any NFT-related market and the capacity to interact with Enjin (ENJ)’s Efinity blockchain. The Enjin Coin (ENJ) gained 2% in the last 24 hours and currently trading at $0.32. However, that is still far below expectation compared to the Enjin Coins (ENJ) losses in the last few days. While its investors hope for a turnaround soon, others have joined the Sparklo project to make gains.

Loopring (LRC) multi-wallet support is live

Loopring (LRC) has released its multi-wallet app for the Loopring (LRC) community. Loopring (LRC) users will now have access to its multi-wallet capabilities. The mobile smart wallet app from Loopring (LRC) will allow users to create and manage multiple wallet addresses. Loopring (LRC) users can simply switch between multiple addresses and identities. Loopring (LRC) users can entirely segregate their gaming, DeFi, and other activities using this function. Loopring (LRC) NFT.oi makes keeping track of transactions and managing expenditures simpler.

Loopring is currently trading at $0.28 with a 24-hour trading volume of $11,771,756. The Loopring (LRC) coin has gained 2% in the last 24 hours, while at the same time, it has lost %4 in the last few days. The Loopring (LRC) is on its way to recovery after being down in the last few days. However, Loopring (LRC) coin holders have joined the Sparklo presale to make profits since crypto experts dont think that Loop ring (LRC)will rally this year.

You can read more about the project below.

 

Website: https://sparklo.finance

Presale: https://invest.sparklo.finance

Twitter: https://twitter.com/sparklo_finance

Telegram: https://t.me/sparklofinance