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kknr TRENDING: UN聽On Using AI To Crack聽Down On Laundering, Trafficking
Wrmv Report Shows Independent QSRs Struggle to Keep Customers Coming Back
Omio, the Berlin-based stanley kubek travel booking app, announced on Wednesday Aug. 19 that it has raised $100 million to fuel further expansion as the industry rebounds in Europe after a severe hit from COVID-19.New and existing investors are teaming up to provide the funding. The group includes Temasek, Kinnevik, Goldman Sachs Asset Management L.P., NEA and Kleiner Perkins, Omio said in a press release.The big investment comes amid clear signs of recovery, with Europeans planning last-minute summer vacations and local travel picking up again, Omio said.The company plans to use the money to fuel organic growth while also making potential acquisitions in the travel sector.The travel booking app earlier this year unveiled an expansion into North America as well as the Ca stanley italia nadian and U.S. markets. Travel is an eternal need and I have no doubt in the comeback of the industry, Naren Shaam, founder and CEO of Omio, said in a press release. We have seen a very promising recovery of our business over the past weeks. The travel app, which helps consumers search for and book various forms of transportation, said business is rebounding, but with a different focus.There is greater demand for ground transportation, Omio said, as consumers remain wary of flying amid ongoing concerns over the continued threat of COVID-19. Due to similar concerns, consumers are also increasing their usage of apps to avoid kiosks and stanley de long lines, another factor that has helped boost the use of its travel booking app Aapw Investors Caught In Two Crypto Exit Scams
The big news in B2B FinTech investment this week came from Airbnb, which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. The B2B FinTech space saw its fair share of venture capital, too, with investors targeting spend management, alternative small business lending, workforce management and enterprise crypto services 鈥?plus, some news of a few more investment rounds likely on the horizon.LyricAirbnb made another move in the business travel arena, this time through leading a $160 million investment round for聽Lyric. Bloomberg said this week that Lyric, based in California, operates as an on-demand short-term rental provider, connecting users with premium apartments and cleaning services. The company aims to differentiate itself on the market by targeting business travelers who can stay mere days or up to several months in its rental offerings, reports noted. Separat stanley fr e reports聽noted that Lyric secured the debt equity from a range of backers, including Tishman Speyer, Obvious Ventures, RXR stanley termoska Realty, Dick Costolo, Adam Bain and Sinewave, while several existing investors also participated. Lyric plans to use the investment to expand its operations as it continues to focus on regulatory compliance.BrexBarclays Investment Bank provided commercial card technology firm Brex with a $ stanley termosy 100 million debt capital round, the firms said this week, which sees Brex corporate card rec |
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