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What are the ways to finance your startup in a recession?

CFO Share

Have you tried funding a startup this year? Despite the challenging market conditions, there are proven ways to fund a startup during a recession. However, a recession is a challenging time for funding a startup. Capital shortages mean startup investors become pickier about which business they are willing to invest in.

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B2B Tech Startups Land Backing To Modernize The Enterprise

PYMNTS

More than $25 million in new funding landed at B2B FinTech startups this week, making it one of the slower VC roundups for the B2B landscape this year. Enterprise governance software company Honcho secured $4 million in Series A funding , the Colorado-based startup announced in a press release this week.

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Symphony Communication Looking To Raise Around $100 Million

PYMNTS

Symphony Communication Services, an instant messaging startup backed by Wall Street, is reportedly in initial discussions with investors to raise around $100 million in new funding, reported The Wall Street Journal. According to the report, Symphony Communication Services is in talks with Temasek Holdings and GIC.

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Cannabis Startup Eaze Struggles To Pay Vendors

PYMNTS

Once calling itself the “Uber of pot,” Silicon Valley cannabis startup Eaze is struggling to pay vendors as it searches for a new round of funding, reports said on Thursday (Jan. Previous investors include 500 Startups, DCM Ventures, Slow Ventures, Great Oaks, FJ Labs, the Winklevoss brothers and a number of others.

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The Three Stages of Building a Strong Finance Function for Your Startup

The Finance Weekly

A startup usually can't afford to establish a complete finance organization with accountants, controllers, planners, and tax specialists right from the beginning. To establish an effective finance function for a startup, the process can be divided into three stages.

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Unified Inbox Enables Text To Smart Home Communication

PYMNTS

While Amazon’s Echo and Google Home square off in the voice-activated marketplace, Apple’s Siri gears up to function in vehicles and PCs, and Samsung shells out $215 million for virtual assistant startup VivLabs, one Singapore tech startup is approaching the matter from a different angle.

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India Lodging Startup OYO Raises $1.5B Led By Founder, SoftBank

PYMNTS

India-based hotel and booking startup OYO announced a $1.5 The unicorn ranks second among India’s startups, behind One97 Communications, the parent of digital payments pioneer Paytm. . Japanese banks Mizuho Financial Group Inc. and Nomura Holdings Inc. OYO offers 1.2