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Accounting Budgeting Software Market Outlook 2021: Big Things are Happening

Accounting Budgeting Software Market Outlook 2021: Big Things are Happening
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TechCabal Daily – Bolt is doubling down on Food delivery

How did 2020 go?
Bolt raises $182m to double down on geographic expansion
Bolt, formerly known as Taxify, has raised $182 million in its latest funding round. Its delivery and transportation services cover 200 cities in 40 countries. In Africa, it’s present in over 60 cities in Ghana, Kenya, Tunisia, Tanzania, South Africa, and Nigeria.
How’s Bolt doing?
Bolt currently has about 50 million customers using its services, it added 20 million users in the past six months.
It was valued at $1.9 billion after raising $100m in May. Now it’s estimated to be valued at $4.3 billion.
Currently, it’s doing about $2.43 billion in transactions on its platform annually. ....

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What's next for Wave's African users after its exit?

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On the 1st of December, many Africans like myself received an email from Wave Accounting that itâs pulling out from all countries outside North America.
Wave Accounting is a Toronto-based company that provides free invoicing & accounting software.
Founded in 2009, Wave has over 3.5 million users all around the world. In 2019, it was acquired by H&R Block, a listed company operating nearly 12,000 retail tax offices in the US, Canada and Australia.
Although Wave, as itâs also called, has a large user base, most users use the service free. Wave makes money from a minority of its users who use its additional payroll function (only available in US & Canada), and more recently itâs neo bank, Wave Money a bank account with built-in bookkeeping. ....

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