Paris, Milan, Munich… not a fashion show, successful start-ups!
3-in-1: 3 digital news in 1 minute. On Monday. Episode 231
Discover 3 original digital news, invest one minute and be a better professional!
News 1: Yubo, the new shooting star?
Yubo is a social media app dedicated to teens and GenerationZ. Live, groups and meeting new friends. It sounds like any other app like Snapchat, Facebook and co. Well, they have found a place in a young group. Yubo deliberately doesn’t do the influencer game. Gathered $47m last week adding to $67m. Big round to continue expansion. Opinion for B2B: No follow, no like of post… Yubo breaks the social media game of “always interaction”. Also the influencer game. A very clever step-by-step rise of a new social media app with more friends, less tracking, less influencers. Sounds like an utopia. It isn’t — 40 million users (many in the US).
Remember the name, Yubo!
News 2: Satispay— the Italian wunderkind
Satispay is an Italian fintech company that provides payment directly from consumers to bank account with no creditcard in-between. Hence providing a better price for merchants. A real success and a latest round of €93 million led by very high profile investors Tencent, Square and TIM Italy. A successful solution to pay just with a phone message. Opinion for B2B: Satispay operates with two apps, one for consumers and one for business. But the software is also available white-label. There are few Italian start-ups of the format ($161m invest in total) and there is Square (the US payment champion) now behind.
Will hear a lot about Satispay very soon!
News 3: Timify for online scheduling, at the right moment
Timify is a white-label software for online booking. More retailers, administrations and practitioners are adding online-booking services, in time of pandemic. Timify profits from that. Just gathered €4,5m adding to 11,5m. A software accessible for all: in 3 versions free, 30€/month or 50€/month. Opinion for B2B: Founded in 2012, Timify gathered invests as of 2017. Getting traction now in time where scheduling is key for many businesses. A difficult business model with low monthly rates — meaning for the “unit economy” of Timify… a lot of paying users.
Munich has growingly “produced” new interesting start-ups, let’s follow them.
Author is the research team (10 trend scouters) at specialist Space and Lemon (Hamburg, Berlin) — scouting in main tech geographies, in AI development, virtual worlds and e-commerce. Excerpts of research are gathered here in original weekly news since 2016, always with a professional opinion — no re-write of TechCrunch. Research time: November 2020.
Come back next Monday and share your opinion.
