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Trustpilot IPO: Why the consumer reviews platform is in position to float

Trustpilot IPO: Why the reviews platform is all set to float
Oliver Brett
March 16, 2021 5:47 PM
Danish company Trustpilot has chosen to float on the London Stock Exchange in an IPO that could raise up to £500 million. So why now and how did it get to where it has?
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What is Trustpilot and how does it make money?
Based in Denmark, Trustpilot is a digital platform that invites online consumer reviews for almost any type of business and was founded in Denmark in 2007. Around one million new reviews are posted each month and businesses strive to earn a high Trustpilot rating. ....

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Esker Named a Leader in IDC MarketScape for SaaS and Cloud-Enabled Accounts Receivable Automation Applications for Midmarket

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Esker also named a Major Player in the IDC MarketScape for SaaS and Cloud-Enabled Accounts Payable Automation Applications for Enterprises
Esker, a global cloud platform and leader in AI-driven process automation solutions for finance and customer service functions, today announced that it has been named a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Accounts Receivable Automation Applications for Midmarket 2020-2021 Vendor Assessment (doc US47032320, December 2020). The company was also recognized as a Major Player in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Accounts Payable Automation Applications for Enterprise 2020-2021 Vendor Assessment (doc US47032520, December 2020). Esker s placement in IDC MarketScape is a clear recognition of the company s AI-powered accounts receivable (AR) and accounts payable (AP) solutions and the important role that automation solutions are playing in the push for cashflow optimization. ....

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Brim Financial raises $25 million to grow FinTech platform

Brim Financial raises $25 million to grow FinTech platform
Toronto’s Brim Financial has closed a $25 million CAD Series B as it looks to expand its FinTech “platform-as-a-service” technology.
The round was co-led by Quebec-based Desjardins Group and United States (US)-based EPIC Ventures, and also saw participation from other Canadian and US investors including goeasy, White Owl, and Impression Ventures.
The startup claims its tech and credit card infrastructure “leverages the company’s ability to directly access the payment rails as an issuer, enabling Brim to deliver a fundamentally transformative ecosystem of financial products for consumers and businesses.”
Rasha Katabi, the CEO and founder of Brim Financial, said today’s digital environment has led many institutions to review how they interact with customers. ....

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Axonify acquires digital learning platform MLevel

Axonify acquires digital learning platform MLevel
Axonify, a Kitchener-Waterloo startup offering a communications and learning solution for frontline employees, has acquired Atlanta, Georgia-based MLevel. The financial terms of the deal were not disclosed.
“We believe this is the perfect time to bring MLevel’s customers, employees and its product prowess into the Axonify family.”
– Carol Leaman
MLevel offers a data-driven digital learning platform targeted to enterprise clients. Axonify said the acquisition is aimed to combine the two companies’ capabilities and bring them to more customers.
Following the deal, MLevel’s employees will work under Axonify, including the majority of MLevel’s leadership. The MLevel platform will continue to operate and be maintained by the Axonify team. With the acquisition, Axonify will be a 200-employee organization and has plans to hire an additional 25 this year. ....

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Today in hires: Unbounce, Cubert, SAP Canada, Trulioo, BBTV

Today in hires: Unbounce, Cubert, SAP Canada, Trulioo, BBTV
Five Canadian tech companies have recently brought on new team members, including Unbounce, Cubert, SAP Canada, Trulioo, and BBTV. Here’s a breakdown of who’s joining whom and what they bring to the table.
Unbounce promotes Tamara Grominsky to chief strategy officer
Vancouver-based marketing software company Unbounce has promoted Tamara Grominsky from VP of strategic growth to chief strategy officer (CSO). The company said the newly created role “reinforces Unbounce’s investment in unlocking marketplace opportunities and accelerating business growth following its first major funding last year.”
Founded in 2009, Unbounce touts itself as a global leader in landing page and conversion optimization tech. It aims to allow marketers to build and test landing pages without a web developer. In June 2020, United States-based private equity firm Crest Rock Partners acquired a majority sta ....

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