BETA Startup Showcase: Spave

by Valerie Lockhart

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BETA Startup: Spave LogoThe TECHdotMN team would like to introduce you to each of the startups featured in the upcoming BETA showcase. Over the next couple of weeks, we will highlight each company, so you can get a better idea of the talent, hardwork, and dedication held within each of these startups.

The next company in our BETA Startup Showcase series is: Spave

Spave® (Live. Give. Save) is the first all-in-one mobile app that allows users to easily track spending, set goals, save for their dreams, and donate to causes they care about without changing the way they live.
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BETA Startup Showcase: Split

by Valerie Lockhart

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BETA Startup: Split LogoThe TECHdotMN team would like to introduce you to each of the startups featured in the upcoming BETA showcase. Over the next couple of weeks, we will highlight each company, so you can get a better idea of the talent, hardwork, and dedication held within each of these startups.

The next company in our BETA Startup Showcase series is: Split

Split is a peer-to-peer payment solution which allows friends, family and others to easily and more efficiently split shared expenses.
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Minneapolis-based Digital Finance Startup DeFiner.org Wins 2019 Detroit Fintech Challenge

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Via News Release

Image result for definer logo mnMINNEAPOLIS–(BUSINESS WIRE)–Less than two years after being conceptualized, Minneapolis-based digital lending & borrowing platform DeFiner.org has beat out 17 other Fintech startups to win one of the industry’s most coveted prizes. DeFiner.org was announced as winner of the 2019 Detroit Fintech Challenge on Sat., Aug. 3. “We are humbled and honored to have received this distinction,” said Jason Wu, Founder and CEO of DeFiner.org, a peer-to-peer lending platform that uses blockchain and smart contract technology to allow safe transactions without a middleman.

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Traive Announces $1.3 Million in Seed Round Funding

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Via News Release

Traieve logoTraive, an ag-fintech that unlocks credit to farmers using a proprietary Machine Learning-based credit risk assessment, announced that it has raised $1.3 million in Seed Round funding.

The new funding comes from The Syndicate Fund (“TSF”) and a mix of investors from the United States, Australia, and Brazil, and will allow Traive to go after the ever growing agricultural lending market. “The wide range of investors and their deep understanding of agriculture and finance symbolizes the need for this type of solution in many different markets.” said CEO and Co-Founder Fabricio Pezente.

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Player’s Health Closes Series A Investment Round to Transform Risk Management and Insurance in Amateur Sports

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Via News Release

Image result for Player's Health Logo“Minneapolis, July 1, 2019 – Player’s Health has secured funding to support growth and capitalize on existing and new opportunities. The investment was made by Eos Venture Partners, a specialist insurance venture capital investor with offices in London and Philadelphia and Boston-based Sports-Tech focused investor Will Ventures.”

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Sezzle Announces Entry into Canadian Market with Disruptive Payment Solution

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Via News Release

“TORONTO and MINNEAPOLISJune 24, 2019 /PRNewswire/ — Sezzle, Inc., the highest consumer-rated installment payment solution, announced today that its platform is now available to Canadian shoppers at thousands of online stores, including Italian sportswear brand Kappa. In the United States, over 3,300 retailers have chosen Sezzle as their preferred installment payment solution.”

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OnRamp Insurance Accelerator Announces 2019 Cohort

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Via News Release

“MINNEAPOLIS-ST. PAUL – June 24, 2019 – The OnRamp Insurance Accelerator welcomed five teams from around the world to the Twin Cities for its inaugural cohort. Rigorously selected by the gener8tor team from a pool of 545 applications, the five teams represent a diverse mix of founders and industries.”

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Target Is Quietly Working On The Blockchain

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Via CoinDesk

“Retail giant Target has quietly entered the blockchain space.

Since mid-2018 the Minnesota-based retailer has been working on a blockchain-powered solution for supply chain management, dubbed ConsenSource. More recently it pledged to support the Hyperledger Grid project, a supply chain framework that earlier saw participation from food giant Cargill, one of Target’s suppliers, together with tech giant Intel and blockchain startup Bitwise.io.”

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