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Jayshri

Jayshri is an Electronics Engineer, but her passion towards writing made her to be in this field. Apart from content writing, she loves reading, writing and surfing on various topics. In her free time, she likes to watch TV series and news. Sherlock Holmes is her all time favorite show. Jayshri loves cooking various Indian-western dishes.

Wepay

Wepay: Enabling Payment Solution With Secure, Frictionless, And Customized Service!

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E-commerce is rising exponentially day by day; in turn, the need for online payment platforms is rising with it. However, this platform needs to be feasible and reliable too. WePay is one of the online payment service providers that enabled payment solutions that are integrated and customizable. As well, feasible and reliable to the customers. The company, however, provides an API based payment platform for marketplaces, crowdfunding sites, and small software companies. The best thing about WePay that it offers fraud-free payment solutions. Rich Aberman and Bill Clerico set up the company back in 2008. However, it headquartered in Redwood city of California.

About WePay

It is a trustworthy payment solution platform for its secure, frictionless, and customized service in this field. As the company is incorporated with several third-party vendors, risk and fraud protection is possible through the WePay payment platform. However, for detecting fraud and other user security issues, the company uses several techniques. Includes, machine learning algorithms, social data connections and many more.

According to the founders of WePay, the company’s corporate values are core to what it is and how it operates each and every day. Also, WePay base on the belief that a company’s success is the measure of its customer success. 

The Backstory

Every company has some background and reasons after its establishment and here with the WePay too. The story begins during the Rich Abreman’s brother’s bachelor party arrangement. For that, he was collecting funds from friends which were spread across the US. At that time, he faced so many difficulties to collect money from various sources that are completely different. Like some were offering cash, some offered checks while some of them offered PayPal Money transfer. He found all this process much time consuming as well as burdensome. Eventually, after so much struggle party goes well, but Abreman studied and understood the PayPal weaknesses. After this, he asked Clerico to assist him in setting up WePay. 

Thus, in 2008, they founded WePay in Boston. However, it was the time when social media and smartphones were popped. 

WePay Growth and Involvement

After one year, the company attracted interest from third-party developers. Especially those who were looking for an API to facilitate a simple payments approach on their platforms. In 2010, WePay introduced the first platform API that supports as well as monetize payments. Soon company collaborated with GoFundMe a crowdfunding platform. With it, WePay initiated the development of better UX. Also, the company enabled Embedded payments in 2012. To prevent and identify merchant fraud, WePay took the next step and introduced an intelligent risk engine. Additionally, the company introduced mobile card readers that are pre-certified. 

As per the mission and vision of the company, it continually improves its payment platform and growing impeccably. JP Morgan Chase acquired the company in 2017.

Masterminds behind WePay

Bill Clerico

He is the Co-founder & WePay CEO. His policies helped WePay a lot in its growth. Apart from that, Bill is an angel investor of WePay. Before that, he was an advisor plus investor at Insight Data Science. Also, he served as a part-time partner at Y Combinator. Coming to the educational background, Bill attended Boston College to study Computer Science. Clerico also went to the High Technology High School to study pre-Engineering, Math, Science as well as Cisco Networking.

Rich Aberman

The company is the result of Rich’s idea and will to enable an easier payment solution platform. He is the WePay co-founders and presently serving as a CSO of the company. Aberman is the person behind popularizing the WePay product strategy. As well, he is the frequent speaker at fintech conference where he mostly spoke on payments and innovations. However, he holds a degree in Bachelor of Arts. For that, he went to Boston College and studied Political science, Economics, and Philosophy. 

Other Social Works of WePay

Apart from enabling fraud and risk-free payment platforms, the company works for many social clauses. The company supported fundraising efforts for many disaster relief campaigns as well as several humanitarian causes. For example, WePay assisted the campaigns that are related to Hurricane Sandy, the Sandy Hook Elementary School shooting, Earthquakes in Nepal, etc.

Bottom Line

They believe in the quality of work and working to deliver excellent service since its foundation. Recently, the company announced a product line of Link, Clear, and Core. So that the integrated payments use cases can be solved. Also, it adds key JPMorgan Chase services for the incremental value.

Mathworks

MathWorks: J. Little, C. Moler, and Steven’s step towards powerful Mathematical computations

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Scientists and engineers know the value of mathematical computations. They also know the fact that these computations are not simple. As well, the whole scientific model can be completely dependent on these computations. While performing these mathematical computations manually needs a different level of brilliance. In fact, most of the time these computations are impossible to perform manually. However, MathWorks provides mathematical computing software considering all these needs. Engineers and mathematicians formed the company. It includes John N. Little, Cleve Moler, and Steven Bangert.

What is the MathWorks?

It is a popular mathematical computing software developer based in America. Many from the engineering background must be aware of computing software MATLAB and Simulink. Well, this is the product of MathWorks Inc. However, this computing software is perfect for simulation and data analysis. The firm MathWorks is established on December 7, 1984, in California. J. N. Little, Cleve, and Bangert set up the company to develop Mathematical computing software. In 1986, they officially registered the company in Massachusetts.

The reason behind the formation of MathWorks was to commercialize a technical CPL (Computer Programming Language) as well as an interactive environment.

How it Thrive in the Nineties?

MathWorks focuses on technological, human, business-related and social aspects. These factors are an integral part of the MathWorks mission. And so was the back in 1991. Also, the work culture of the company was employee eccentric. It means the company based on the principle that employees’ work appreciated so that they appreciate the company. This approach at that time made the MathWorks different from other competitors. The company developed several useful software for Engineers and scientists. Also, the staff of the company had grown rapidly by 1997. Thus, the quality software development in a fun creative environment took the company at the peak of success.

Famous software of the company

MATLAB

To compute matrixes’ large array of data MATLAB was designed at MathWorks lab. Cleve Moler created it in the late 1970s. In fact, MATLAB enables faster data processing as compared to older programming languages. Earlier research universities adopted it; the later industry also adopted MATLAB soon. As per the reports, MATLAB’s first ten copies were bought by the Massachusetts Institute of Technology for 500 USD. Further, MATLAB 2.0 version had retailed for 395 dollars. Many companies, however, reported it as a faster, powerful and easier to use. In 1991, the MATLAB 4.0 version release which featured color graphics and four dimensions of data graphs.

SIMULINK

MathWorks another best software is Simulink, earlier it was known as SIMULAB. This software is useful for studying as well as modeling dynamic systems. Basically, it was used for producing block diagrams of complicated circuits. However, its first version called the Simulink C Code Generator had retailed for 13000 USD.

Founders in Limelight

John N. Little

MathWorks’ president plus co-founder, Mr. Jhon Little is also a co-author and principal architect of an earlier version of MATLAB. However, he attended MIT in 1978 for studying electrical engineering. Also, he attended Stanford University for a master’s degree in electrical engineering. Apart from that, he was the IEEE fellow and Massachusetts Technology Leadership Council’s trustee.

Cleve Moler

He is a well-known mathematician who turns out as a co-founder of MathWorks. Also, he is the chairman of the company. Before plunging into entrepreneurship, Cleve worked as a math and computer science professor. In fact, he spent almost 20 years in this service at renowned universities. Includes, Stanford University, University of Michigan, and the University of New Mexico. Moler is an author of MATLAB’s first version.

Education

Awards and Recognition

He studied at the California Institute of Technology for graduation. Also, he went to Stanford University for a Ph.D. program in Mathematics.

In 1997, Molar was elected to the National Academy of Engineering. Linköping University awarded him an honorary degree. Also, Cleve received the honorary degree of Mathematics from the University of Waterloo. Due to his long service and contribution to the engineering field, IEEE computer society honored him with a 2012 computer pioneer Award. However, he was also made a Fellow of the Computer History Museum in 2017.

Firefly Aerospace

Journey Of Firefly Aerospace To Increase Access To Space Through Innovative Technical Advancement

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Firefly Aerospace is popular for producing reliable launch vehicles. Also, through its designs, Firefly is successfully providing basic space payloads required for space missions at a cost-effective price. It is an Austin, TX-based firm established by Tom Markusic. Under his guidance, it became one of the leading aerospace firms that enable flexible access to space. And that too with the easiest approach through the technology selection that is innovative. However, the launch vehicles design by the firm represents excellent service of the Firefly. As well, leverage commercial off the shelf components. In fact, multiple suppliers across the US manufacture this component. So that Firefly Aerospace can address the market need and deliver the product in minimal time. 

About the Company

It is a private aerospace firm based in America. Especially, the small-medium-sized launch vehicles are produced in its production unit. The firm is committed to producing cost-effective launch vehicles so that launch costs can be reduced. In fact, the firm is followers of the NewSpace movement. Yes, this industry’s movement which aims to enhance access to space through technological advancement. So that the cost, as well as restrictions related to it, can be reduced.

In fact, it delivers for a starting price of 15M dollar payload class to LEO. Furthermore, the company is committed to helping to restore U.S. leadership in the market on the earth. Also, it is building partnerships to serve the market worldwide.

Backstory 

Previously, the company was known as Firefly Space System. In 2017, EOS launcher acquired the company’s assets and then it renamed Firefly Aerospace. However, the name of Firefly came into the mind of Markusic while he was sitting on his back porch watching fireflies. Currently, Noosphere ventures completely won the company. 

Tom Markusic, P.J. King, Michael Blum, Max Polyakov, and Mark Watt are the founders of Firefly Aerospace. They established the company with their small group of entrepreneurs in 2014. Earlier its headquarter was at Hawthorne in California. In 2014, it relocated to Austin and then to Texas. 

The re-creation of the company

Due to some reasons, the company went bankrupt. However, in 2017, the Noosphere venture bought out the assets and own the company. Max Polyakov, the founder of Noosphere Ventures assisted in the re-formation of the company.    

Glimpse to Founder Life

Thomas E. Markusic

He is the co-founder as well as the present CEO of the company. Previously, he worked at miscellaneous NewSpace companies. Includes SpaceX, in fact, he was a manager of the Texas Rocket test facility at SpaceX. Also, he worked at Virgin G. as a vice president. Further, he was the senior system engineer at Blue origin. As he has a propulsion engineering background, he worked in miscellaneous NewSpace companies at leadership roles. Apart from that, he also served as a civil servant at NASA as well as USAF. At that time, he served as a research scientist and propulsion engineer.  

Coming to his education, Markusic attended Princeton University for a Ph.D. in Mechanical and Aerospace Engineering.

Bottom Line

The company aims to place payloads of a 1,000-kilogram and 600-kilogram payload into a low Earth and sun-synchronous orbit respectively. Its well-known launch vehicles are Firefly, Firefly Beta, and Firefly Gamma. Presently, the company is working on the Alpha 2.0 launch vehicle. It is mentioned that the vehicle is capable to handle the larger payload. Last year, the company signed an agreement with Israel Aerospace Industries. Also, the company plans to build a lunar lander based on Beresheet and it will be called Genesis. However, if this got selected Firefly’s Genesis would be launched with firefly Beta rocket in 2021.

The firm is altering the aerospace industry with the adoption of an innovative production approach.

azimo

Azimo: Unveiling the experience of Faster and Cheaper Fund Transfers Across the World!

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In the present scenario, digitization mapping all the sectors. In fact, it changed every aspect of life. Thus, financial services also adapted these changes to stand in today’s world. Azimo is one of the financial start-ups that provide services for digital international money transfer. However, the company made it possible to stand out amongst tough competitors like Fintech and WorldRemit. Also, the company enables simple, fast, and secure way to transfer money globally. In fact, Azimo’s service is cost-effective and available in 125+ countries around the world. Michael Kent, Marta Krupinska, Ricky Knox, and Marek Wawro establish it in 2012. Since then the company delivering the best financial service.

Azimo- New way of financial service

Michael Kent, Marta Krupinska, Ricky Knox, and Marek Wawro started the new era of financial service with Azimo establishment in 2012. In a short period, Azimo enabled a faster and safer way of online money transfer. However, it uses technology to democratize financial services. So that everyone has access to the service, no matter wherever it is. Its headquarters is located in London, UK. Also, the company has offices in Poland.

Vision and Mission of the company

The vision of the company is to democratize financial services so that it is affordable and available to all. While providing a better way to share money around the world is the mission of the company. As well, improving the lives of millions of people with its best financial service is also the mission of Azimo. With Azimo, the user can receive or send money to any bank. However, to speed up the process they can use social media accounts along with a debit card or bank account. So, it is possible to send money to over 125 countries via PC or mobile using a social media account.

How Azimo works?

Azimo has partners in around 195 plus countries. Also, they work with the world’s largest payment companies. To achieve the motto to enable safe money transfer, FCA and HMRC regulate the Azimo’s transactions. However, to speed up the transactions it holds funds in most currencies around the world. So that Azimo users can transfer funds instantly to over 60 countries. Furthermore, the company acquired half a million users and offers 270,000+ cash pick-up locations on the earth. Besides, the company often updates its app with new features to offer the best user experience.

Founders of Azimo

Michael Kent

He is the co-founder as well as CEO of Azimo. Michael is also the founder of a small world financial services group. This is a well-known European money provider. However, he is an experienced FinTech entrepreneur, an expert in deal-making and business transformation.

Education and Career

From 1994 to 1997, he attended Cambridge University to study Land Economy. After that, he studied an MBA at INSEAD.

Michael is the founder of Tandem Bank where he also served for 5 years. Furthermore, he is one of the partners at Hexagon Partners in the last 15 years. Hexagon partner is a well-known equity investment company. Also, he is an investor as well as an advisor at Curve ltd and Complies advantage. Presently, Michael is CEO at Azimo.

Marta Krupinska

Marta is a tech entrepreneur and diversity advocate. She named in the list of Forbes in 30Under30 in 2016. Also, she was on the list of London’s Most Influential People 2017 and 2018 by Evening Standard. In 2018, Krupinska honored as Forbes top 60 Female Tech Executives globally.

Presently, she is working at GovTech. Krupinska helped in the establishment of Azimo and FreeUp. Apart from that, Marta is Head of Google for Startups UK.

Education

She attended Columbia University for an executive development program. Also, she attended the center for Leadership for a degree in Leadership Academy for Poland. Marta pursued MA in psychology from Jagiellonian University, where she also studied Organisational psychology.

Ricky Knox

He is a serial entrepreneur and has built miscellaneous successful businesses. Ricky has built five technology disruptors. Especially in telecoms and fintech. Also, he co-founded Tandem and Azimo. In 2003, he also co-founded the GSM system. However, he is the director of the Small World Financial Services Group. At Azimo, he is serving as a Non-Executive Director. Apart from that, Knox is also one of the Managing Partners at Hexagon Partners.

He attended INSEAD for MBA.

Marek Wawro

He is the co-founder of Azimo. Presently, he is serving as a CTO at Future Finance. Also, work as Google Launchpad Mentor. Marek is an experienced technical leader having a strong background in Requirements Engineering as well as Software Architecture. Wawro studied at the University of the West of England.

Successes of the Azimo

The company enables innovative money transfer service which is affordable and available to all. After one year of formation, the company had raised 31 million USD in funding from several investors. Includes, Greycroft, Frog capital, Quona capital, etc. Also, to explore the service in Asia, Japanese company Rakuten showed interest and invested in Azimo.

Awards and recognition of the company

In 2018, Azimo won the Remittances award at United Nations. Also, it marked the name in Britain’s 100 private companies with the fastest-growing sales. Azimo also honored as the Best Global Money Transfer Company in 2017. It also named the Fastest Growing Companies in the UK in the same year. Further, it honored as a Best Remittance Service to Africa in 2016. As well, awarded for Innovation on money transfers. The company also became Judge’s Overall Favourite for Ease of Use and Adoption in financial service. However, the company ranked first in the list of Top 10 money-saving apps.

Moteefe

Moteefe: How Mathjis, Lev, and Olivier set up on-demand Social commerce business?

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In the last couple of years, social commerce is growing rapidly. Also, we will see exponential growth in this field in the future. Additionally, online shopping is completely changed due to the social media platform. Which in turn changed the requirements of the social commerce platform. Hereafter comes the role of Moteefe. Moteefe enables many opportunities in social commerce and allows to sell products on social media. In fact, entrepreneurs can easily create custom designs on the Moteefe platform. These designs can then put in front of niche audiences. The company Moteefe is set up in 2014 by Mathijs, Olivier, and Lev. However, it features over 30 products on its social commerce platform.

What is Moteefe?

It is a tech e-commerce company that helps users with selling custom products online. Also, it is reliable and easy to develop its own brand with Moteefe. Young entrepreneurs Mathijs, Olivier, and lev founded the company in 2014. However, the vision behind the formation of the company is to bring great clothing designs to the totally hassle-free market. In a short duration, the company achieved trustworthy customers with its one-stop online shop for all kinds of products. Starting from the baby grows, cushions, clothing to the mugs and phone cases; everything can sell or buy on Moteefe.

The Inspiration Behind Setting On-demand Social Commerce Platform

The founders of Moteefe always wanted to promote entrepreneurship. Also, they were aware of the risks, hassle and the obstacles that come into the way of creative people to sell their products. They found the social commerce business as a perfect platform to help such creative peoples. Additionally, they feel everyone is unique so everyone should wear unique products. Thus, to achieve all these goals the Mathijs and his co-founders set up an e-commerce platform for on-demand merchandise.

The backstory of Foundation

While studying at INSEAD, Moteefe founders had the task to create a full plan for scalable online business. That’s how the idea of Moteefe sparkled into the mind of founders. However, they felt that it’s a golden opportunity to flourish the business. Because of that time, very few social commerce companies were working in the market. After that, they researched and planned on this after completing MBAs at INSEAD. So, after deep researched they decided to set up the social commerce business and founded it in 2014.

Struggles During the Start of the Business

​At the start of the business, they had to face many problems. Because they wanted to help entrepreneurs to create their own businesses. Furthermore, the big challenge was to set the method of creating custom made products. However, Moteefee developed an efficient platform that helped sellers to produce only needed goods. As well, ensure to not left with stock they can’t shift.

Relaxed Maniacs of Moteefe

The founders of Moteefe likes to call themselves as relaxed maniacs. Because they think its fun to provide awesome service. Also, they enjoy while working and searching for creative ideas. Well, these relaxed maniacs are Mathjis Eefting, Lev, and Olivier Stapylton-Smith.

Mathis Eefting

He is the founder as well as the CEO of the company. Mathjis is a native of Holland, he went to INSEAD for perusing MBA. Before establishing Moteefe, he worked as a consultant at Holland. Presently, he is serving as a CEO at the social commerce platform Moteefe. UnderMoteefeMoteefe his policies, the company rising the business day by day. However, he met the co-founders during his MBA.

Olivier Stapylton-Smith

He is the co-founder and CMO at Moteefe. However, he started a successful financial start-up before assisting the Moteefe’s establishment. Presently, he is serving at the company as a CMO and he is responsible for the revenue side of the business. Since the foundation of the company, he is constantly working on the lookup for new avenues of growth for the company. As well, Olivier shared an equal contribution to creating new business opportunities at Moteefe to make it an even better platform.

Education and Career

From 1995 to 2007, Oliver went to Lycee Francais Charles de Gaulle for his formal education. After that, he studied BSc at UCL in Economics and Geography. However, he further studied Business Administration and Management at INSEAD. During his MBA, he met his future business partners. Earlier, he worked as a non-executive director in the field of equity crowdfunding at Volpi for two years. Also, Olivier worked at Ondra partners as a Corporate Finance Advisor.

Deepnote

Jakub Jurových: Young Entrepreneur to set up Deepnote and to set name in list 30 under 30 of Forbes

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Data science is most popular for solving many business problems. In fact, it is capable of doing more than that. Also, Data Science is useful to humans in the decision-making process. With it, one can make better as well as quicker decisions. So, all must aware of these basic features of Data Science. However, the growing importance of data science generates opportunities to develop many projects in this field. Deepnote is one of them, we can call it as a simpler notebook of data science. Jakub Jurových set up Deepnote in 2019.

What is Deepnote?

As said earlier, we can call the company Deepnote as a data science notebook. Its purpose to build was to make data science teams more productive. Headquarters of Deepnote is at Prague, Czech Republic.

The special part about Deepnote is that one can use it across any platform. For example, one can use it for browser across platforms like Windows, Mac, Linux, etc. Also, it is Jupyter-compatible and allows for real-time collaboration. As well, the easy deployment of a Deepnote is possible. Additionally, for any updates from the developer side, no downloads are required. All the changes are saved automatically and instantly.

How does it work?

One can create a project in Deepnote. For that, several options are available. Like, you can either import the GitHub project or can upload own files. One more option to deal with this is one can create an empty project. However, these Deepnote projects consisted of data, code, and all runs in one environment. These projects can also share with other collaborators similar to Google Docs.

The Backstory of Foundation

A data scientist, Jakub Jurových was known to the fact that data science is not a cakewalk. As well, tools available for this are not easy either. While, also being an engineer, he always wanted that data science project codes should be scalable as well as easy. However, to make this happen a powerful and easy tool is a must. Such a tool is efficient as well as simple to use. Also, it should be scalable with a growing data science team. And that’s how the concept of Deepnote sparked into the mind of founders. Finally, in 2019 Jakub Jurových with his team build the Deepnote.

Features of Deepnote

With Deepnote one can see the internal state of the program. Also, it offers various explorer as well as various interactive plots. Such as code intelligence, command palette and shortcuts, APIs and more. 

Furthermore, one need not compromise with their existing infrastructure and the workflow they like. Because Deepnote integrates with those too. It offers integration with GitHub and GitLab, GSC buckets and Amazon S3. Also, the Deepnote team is planning to offer integration of Spark, PostgreSQL connection, MongoDB in the future.

Glimpse to Founder Life- Jakub Jurových

Early life and Education

He is hailed from Zvoleno, Slovakia. However, Jakub attended the University of Cambridge where he studied MPhil in advanced computer science. Also, he went to Masaryk University Brno for graduation in computer science. In fact, he received Dean’s award for his Bachelor thesis. So, the subject was Techniques for JavaScript debugging.

Career

He founded Deepnote in 2019. Earlier, he worked as a CTO at Operam, Inc for over 2 years. Also, he served as CTO at Unite Inc since 2014-2016. However, in 2019, he was an advisor at Operam, INC. As a matter of fact, Operam inc is a well-known firm that assists to promote several Hollywood films. But he shortly left that job and plunge into entrepreneurship. Apart from this, Jakub also helped in establishing Hack Cambridge. 

Awards and Recognition

Forbs Magazine included Jakub Jurových’s name on the list of 30 Under 30. Apart from this, he is trained in four languages including English, French, Slovak, and Czech. Also, achieving all this success at the age of 24 is a great achievement of Jakub.

Bottom Line

The success came to Jakub is a result of his focus and organised efforts. However, the foundation of Deepnote is the outcome of his optimistic view about the future of Data Science. Though Deepnote is a new company, it is thriving impeccably and will hopefully deliver the best service for the data science community in the future. Jurových is not yet 25 years old and still, he achieved so much in a short duration. Today, he is an inspiration for many new start-up founders.