Mastercard has announced its strategic equity investment in Instamojo, a payments and online selling company, to help small businesses go digital. CEO and Co-founder of Instamojo – Sampad Swain, said, “We are focussed on the larger picture of providing the small businesses with a platform, which helps them to start, manage and grow their business online. It…
Small business banking platform Novo has announced that it has raised $40.7 million in Series A funding round in order to scale digital banking platform for small businesses. Valar Ventures led the round, with participation from Crosslink Capital, Rainfall Ventures, Red Sea Ventures, and BoxGroup. Speaking on the investment, Michael Rangel, Co-Founder & CEO, Novo, said,…
CNA has announced the appointment of Steve Marohn to Senior Vice President, Small Business. In this role, Marohn will be responsible for profitability, growth and strategic direction of CNA’s Small Business team, reporting to Kevin Leidwinger, President & Chief Operating Officer, Commercial Insurance. “Steve has made great impact as the leader of CNA’s San Francisco…