This post is also available in: Español (Spanish)Contxto – Santiago-based fintech, Global66, raised US$3.25 million in January.

In addition, growth plans are in the works as the fintech looks towards Colombia, Mexico, Argentina, and Peru.

Related article: Remittance platform Global 66 facilitates 20,000 transactions in six monthsFintech favors transparency in remittancesGlobal66 is a startup that manages international transfers and channeling remittances.

According to Tomás Bercovich, the startup’s Founder, traditional participants in remittances usually charge somewhere between 7 and 8 percent.

Consequently, the fintech’s platform also shows the user the exact amount her family will receive after Global66 charges its fee. | To read full story, visit https://startuparound.com/read/1581001206.8358161/Chilean-fintech-Global66-raises-US$3.25-million-for-its-remittances-platform?ref=audio_experience

Citrus Pay founders have now moved on and are building new products.

While a lot has already been spoken about the acquisition, this time Citrus Pay cofounder Amrish Rau has shared a different side of the story.

“Citrus Pay team feared founders will exit.

In an earlier interaction with media, Jitendra Gupta, cofounder of Citrus Pay, had also talked about employees off-sites.

PayU India was expected to have more than 30 Mn customers post the acquisition of Citrus Pay. | To read full story, visit https://startuparound.com/read/1580999406.6235507/Amrish-Rau-On-The-Citrus-Pay-Acquisition-And-Responsibilities-In-An-Exit?ref=audio_experience

Taking your business to the next level isn’t just about acquiring a new space but it’s about acquiring a new face.

One business location that proves very successful can warrant setting up another but when you start to consider expanding your business by adding a second location.

What are the concerns you’ve got to address when setting up a second business location?

The CostsOf course, it’s going to cost more to set up a second location but you’ve also got to think about the costs of moving house as it were.

Tapping Into The Different MarketsSetting up a second business location is great in theory but where are you going to set it up? | To read full story, visit https://startuparound.com/read/1580997610.6770186/A-New-Space-And-a-New-Face:-Setting-Up-a-Second-Business-Location?ref=audio_experience

But making them should not be a hassle, so we’ve compiled a shortlist of the best online quiz makers.

Lead Quizzes is by far the best online quiz maker tool, period.

Quiz maker might not be the most versatile and powerful quiz maker on the internet, but it makes up for these shortcomings with its sheer simplicity.

Typeform is an all-round high-quality online quiz maker, and it’s entirely free to use.

Flexiquiz is an online quiz maker that is ideal for businesses that are looking to get some more feedback from their customers. | To read full story, visit https://startuparound.com/read/1580995807.2369916/6-Superb-Online-Quiz-Makers-in-2019?ref=audio_experience

London-based startup Laka has announced raising €4.2 million for its bicycle insurance powered by community, to move its HQ to Amsterdam and expand across the rest of Europe.

Laka, founded in 2017, believes that if you break a bone or get road-rash, you deserve better care than a cheque sent to your home.

Remus Brett, Partner at LocalGlobe, commented: “The beauty of Laka is it returns insurance to its pure, mutual heritage.

Laka truly improves the user experience 10x as well as lowers costs for its policyholders, all while providing a fair and transparent insurance coverage.

What’s not to love?.”This investment will help the startup to continue its growth, and finance our expansion across Europe. | To read full story, visit https://startuparound.com/read/1580994015.5106049/London-based-Laka-raises-€4.2-million-to-move-HQ-to-Amsterdam-and-expand-bicycle-insurance-across-EU?ref=audio_experience

A shiny, pitch-black asphalt parking lot increases the attractiveness of your business and tells your customers that you take care of your company’s premises.

An asphalt parking lot is a cost-efficient solution.

Your Parking Lot Looks FadedOxidation comes as a result of the asphalt sealer’s constant exposure to the ultraviolet rays of the sun.

Endless patches on a stretch of the parking lot look unattractive and also compromise the smoothness of the surface.

In a worst-case scenario, water could even seep under your company’s building from the parking lot during rainy seasons. | To read full story, visit https://startuparound.com/read/1580992206.1175346/10-Signs-Your-Asphalt-Parking-Lot-Needs-Repair-–-Running-Your-Business?ref=audio_experience

Quoting an alleged leak from Chinese tech conglomerate Tencent, the report indicated that the total number of deaths from Coronavirus had already soared to 24,589, a figure that has astronomically higher than 300 officially confirmed deaths.

Even the overall number of confirmed Wuhan virus cases was vastly different, with the Tencent website allegedly listing a total of 154,023 cases, ten times higher than the official numbers.

In addition to this, overall suspected cases were reported at 79,808 while the number of cured cases were said to be 269.

Again, an ominous difference, as the total number of cured cases according to official data for the day was 300.

News of the ongoing outbreak of coronavirus, according to WHO, was first reported from Wuhan, China, on 31 December 2019. | To read full story, visit https://startuparound.com/read/1580990508.138533/Alleged-Tencent-leak-reveals-25,000-deaths-from-Coronavirus,-1.54-lakh-infected?ref=audio_experience

In a bid to increase lending to MSME as well as to auto and home segment, Reserve Bank on Thursday tweaked maintenance of cash reserve ratio (CRR) norms by providing relaxation in calculation of total deposits.

The move will encourage lending towards these targeted sectors having multiplier effect by banks as they will get exemption in CRR over incremental lending.

Alongside sustained efforts to improve monetary transmission, the Reserve Bank is actively engaged in revitalising the flow of bank credit to productive sectors to support growth, as per the Statement on Developmental and Regulatory Policies released by RBI.

This exemption will be available for incremental credit extended up to the fortnight ending July 31, 2020, it said.

The restructuring under the scheme has to be implemented latest by December 31, 2020, it said. | To read full story, visit https://startuparound.com/read/1580988606.9408886/RBI-announces-incentive-for-lending-to-MSME,-home,-auto-sectors?ref=audio_experience

Proptech company Square Yards announced on Wednesday that it has acquired Mumbai-based rental and property management platform Azuro.

As a part of the transaction, Azuro's team, including its co-founders, will be joining Square Yards.

Both rentals and property management are multi-billion-dollar opportunities but currently under-served in India.

"...We aim to catalyse the next phase of growth by leveraging Square Yards’ platform using its reach, operational resources, and the consumer platform squareyards.com," said Altaf.

“It has been great to partner with Team Azuro from their very early days. | To read full story, visit https://startuparound.com/read/1580986805.5980647/Reliance-Group-backed-proptech-firm-Square-Yards-acquires-Azuro?ref=audio_experience

TextUs, a Boulder, CO-based business texting platform, raised a $5M initial close of its Series B funding.

In addition, TextUs received an expanded debt facility.

The company intends to use the funds for strategic investment in product expansion, team development, and customer satisfaction.

Led by Ted Guggenheim, CEO, TextUs, TextUs provides a business-class text messaging software and a real-time communication platform designed to improve how businesses communicate with their leads, candidates, and customers.

The company currently serves sales, staffing and recruiting, SaaS, higher education, HR, healthcare, property management, financial services, and nonprofits. | To read full story, visit https://startuparound.com/read/1580985007.145499/TextUs-Raises-$5M-in-Series-B-Funding?ref=audio_experience