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Fintech startup Earnix raises $75m, attains ‘unicorn’ status at valuation of $1b

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Fintech startup Earnix raises $75m, attains ‘unicorn’ status at valuation of $1b

Funds raised will help startup access new markets, finetune software that helps banks and insurers offer clients personalized pricing and products

Fintech startup Earnix raised $75 , a developer of artificial intelligence software that allows banks and insurers to personalize offerings to customers, said it has raised $75 million from investors, at a pre-money valuation of $1 billion. The fundraising makes the Givatayim, Israel-based startup a new Israeli “unicorn” — a company valued at $1 billion and over.

The investment round was led by Insight Partners, with existing investors JVP, Vintage Partners and Israel Growth Partners joining the round.

The new funding will fuel Earnix’s global expansion into new market segments and regions, increase investment in product innovation, increase the number of employees, and support merger and acquisition activities, to better meet “the needs of a rapidly changing market,” the company said in a statement on Sunday.

Earnix cloud-based platform combines AI with advanced analytics that does modeling and simulations, and enables banking and insurance clients to give highly personalized price and product offerings to their customers in real time. Both insurers and banks need to respond to consumers who require rates and products that are tailored to their needs in a smarter and faster way. To do this, banks and insurance firms need to automatically process huge amounts of data.

JVP’s Erel Margalit, right, and Earnix’s Udi Ziv (Shahar Azran and David Garb)

In 2020, Earnix was recognized by New York-based data firm CB Insights as the “Market Leader for Predictive Analytics for Property & Casualty Insurers” and has been named one of “11 Insurtechs to Watch in 2021” by P&C 360.

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The investment “will accelerate the reach and impact” of the company’s business, “assuring our ability to meet a broad range of industry needs, and to deliver the best personalized rates and products to every customer, every time,” said Udi Ziv, CEO at Earnix, in the statement.

The firm has offices in North America, Europe, Asia Pacific and Israel.

“Customers across insurance and banking have a strong mandate to adopt new technologies and related processes so as to remain competitive,” said Jonathan Rosenbaum, principal at Insight Partners, in the statement. The software as a service product offered by Earnix “is uniquely positioned to capture this demand to the benefit of their customers and the end consumers.”

Earnix, which seeks to transform the insurance and banking industries, provides “the muscles and the brains for insurance and banking, as they move to real-time quotes and personalized products,” said Erel Margalit, chairman of Earnix and founder and executive chairman of JVP.

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A Complete Guide to Buying Refrigerators in a Mobile Marketplace

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A Complete Guide to Buying Refrigerators in a Mobile Marketplace

The primary goal of a mobile e-commerce platform is to make it easier for sellers to sell their products and services. There are many ways to do this. One is by creating a mobile marketplace app. These apps are designed to provide a one-stop shop for shoppers looking for various goods and services.

They are also a great way for businesses to reach new customers. For example, retailers can use m-commerce to send customers updates on sales, coupons, or discounts through push notifications sent directly to their mobile devices.

In addition, m-commerce can help brick-and-mortar store owners implement location-based services easily. This is especially helpful for stores that have multiple locations around town.

Another advantage of m-commerce is that it allows consumers to order and receive products on demand. It is beneficial for products not in stock at a retail store.

Mobile shopping is expected to grow in the future. It is because many people prefer shopping on a mobile device. In addition, these devices have better processing power than desktop computers and are more capable of performing complex tasks.

It is essential to track m-commerce metrics like mobile add-to-cart rate and SMS subscriptions. These metrics will help m-commerce developers understand whether their platform is converting customers and if they are meeting their goals.

Refrigerators are an essential part of a modern kitchen. They complete the look with style and provide a convenient storage solution.

Capacity

Mobile marketplaces are a great way to get your products in front of people at the right time. These are built specifically for mobile devices, so they can be the most efficient way to reach the largest pool of active shoppers on the planet.

The capacity of refrigerators for sale is one of the critical factors in buying the best unit for your needs. It is especially true if you plan to store food for an extended period. It means you need to measure your kitchen space carefully to find out if the unit you’re looking at is the right size for you.

Whether you’re interested in a small unit for your personal use or a significant model for commercial purposes, there are plenty of options. Luckily, several companies can help you out with the shopping process. You can even get a quote for a complete unit if you need a full-service package. First, however, you’ll want to understand your budget before purchasing.

Price

Large appliances like refrigerators can be a big financial hit for many people. Buying them at the right time and the best price is essential.

Buying your appliance when it’s on sale can save you much money. However, specific periods of the year, such as around the holidays or when manufacturers announce new models, are more likely for stores to drop their appliance pricing.

There are also ways to get a better price on your appliance if you’re willing to barter. For example, you can list your item online for a reasonable price and then barter with the buyer until they find your best price.

You can also negotiate with the store directly to ask for a discount on your appliance. Some stores have monthly quotas for appliance salespeople, so you can convince them to give you a better deal than usual. 

Energy Star

The Energy Star rating is a symbol that helps consumers make more informed purchases and understand the long-term costs of energy use. It means a product uses less Energy to provide the same functionality and features, helping you save money on your monthly electric bill.

Energy Star-certified appliances can reduce your overall energy usage by up to 50% compared to regular models and improve comfort in your home. In addition, devices account for around 30% of your average energy bill, so switching to an Energy Star-certified model can help significantly reduce costs over time.

Energy Star certifications are based on performance and energy consumption criteria that can be measured and verified with testing. To qualify, a product must provide more significant energy savings in a broad range of categories nationwide than its less-efficient counterparts while still providing the same level of comfort, reliability, and features.

Warranty

When shopping for a new refrigerator, it’s essential to consider the warranty. Refrigerators are a significant investment, and a good warranty can protect you from unexpected repair bills.

A warranty is a manufacturer’s promise that all components and workmanship satisfy their requirements. If a covered appliance breaks down, the manufacturer will connect you with a licensed repair technician to fix the issue at no cost.

Many new appliances come with a manufacturer’s warranty, typically lasting one year from purchase. Some also offer limited warranties, which are less expensive than full warranties and cover specific parts, scenarios, and defects for a specified period.

If you’re looking for a home warranty, choose a provider with a solid reputation and high payout caps. 

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Lois et réglementations sur le vélo électrique dans différentes régions de France

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Lois et réglementations sur le vélo électrique dans différentes régions de France

Les vélos électriques sont de plus en plus populaires dans les régions françaises, mais il est important de comprendre les lois et réglementations qui leur sont associées. Différentes régions ont des exigences différentes en termes de limites de vitesse, d’âge requis pour une utilisation légale et d’autres restrictions qui peuvent compliquer la conduite du vélo électrique. En connaissant les lois et réglementations applicables à votre emplacement géographique spécifique, vous pouvez profiter pleinement des avantages qu’offre un vélo électrique tout en respectant la loi. 

Dans cet article, nous allons détailler la réglementation e-bike qui s’applique aux différentes régions de France afin que chacun puisse prendre une décision éclairée quant à son prochain achat ou location.

Introduction aux lois et réglementations des vélos électriques en France

Les lois et réglementations pour les vélos électriques en France sont très simples. Les vélos électriques ne doivent pas avoir une puissance supérieure à 250W, ce qui signifie qu’ils ne peuvent pas dépasser une vitesse de 25 km/h. Au-delà de cette limite, le conducteur doit pédaler sans assistance pour aller plus vite. De plus, les personnes de moins de 14 ans ne peuvent pas conduire un vélo électrique.

Cependant, il est important de noter que ces lois et réglementations peuvent varier d’une région à l’autre. Par exemple, certaines régions n’autorisent pas les vélos électriques sur les sentiers ou les sentiers, tandis que d’autres régions autorisent les vélos électriques sur les voies publiques. C’est pourquoi il est important de se renseigner auprès des autorités locales avant d’utiliser un vélo électrique.

Il est également important de noter que les lois et règlements concernant l’utilisation d’un vélo électrique peuvent varier selon le type de vélo électrique. Par exemple, certains types de vélos électriques peuvent être plus restrictifs que d’autres. Par conséquent, il est important de vérifier les règles et règlements avant d’acheter ou de louer un vélo électrique.

Sécurité routière détaillée et exigences complémentaires applicables au cyclisme sur route français

Les vélos électriques peuvent être utilisés sur la voie publique, mais il est important de respecter certaines exigences. Par exemple:

  • Un casque doit toujours être porté par le cycliste.
  • L’utilisation de téléphones portables ou d’autres appareils électroniques est interdite.
  • Les vélos électriques doivent être immatriculés et assurés avant de les utiliser sur la route, tout comme les vélos non électriques.
  • Les vélos électriques doivent être équipés d’un feu arrière et de deux feux avant, d’un klaxon et d’une plaque avec le numéro d’immatriculation.
  • Les cyclistes sont tenus de respecter les règles de circulation routière, notamment en ce qui concerne l’utilisation des clignotants et le respect des limitations de vitesse. 

En plus de ces exigences, les cyclistes doivent être conscients qu’ils ne peuvent pas circuler sur les autoroutes et les routes à sens unique et qu’ils doivent respecter la priorité de passage. Les cyclistes sont également tenus de rouler à gauche des voitures et des piétons, sauf indication contraire.

Certificat

En plus des lois et règlements, il est important d’obtenir une certification pour votre vélo électrique. Si vous habitez en France, que vous utilisiez un VAE rapide ou lent, vous devez disposer d’une attestation qui certifie que votre vélo est homologué aux normes de votre pays. Il est généralement fourni par le vendeur, mais vous pouvez également faire valider votre VAE par un organisme agréé comme le LNE, le CRITT ou l’UTAC.

Enfin, il est important de veiller à ce que votre vélo électrique soit correctement entretenu. Les freins, pneus, feux et autres composants doivent être vérifiés régulièrement, en particulier pour un vélo électrique deux places. Un bon entretien vous permettra de tirer le meilleur parti de votre vélo électrique.

Conclusion

En conclusion, il est important de connaître les lois et règlements régissant les vélos électriques dans les différentes régions de France avant de procéder à un achat ou à une location. En suivant ces lignes directrices, les cyclistes peuvent profiter des avantages d’un vélo électrique tout en respectant la loi.

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Why are Gas Prices are so high?

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Why are Gas Prices are so high?

Why are Gas Prices are so high?

Why are Gas Prices are so high? Gas prices have been soaring lately, causing many people to wonder why they’re paying so much at the pump. The answer is complex and involves a range of factors that are contributing to the increase in prices. Here’s a closer look at why gas is so expensive lately.

  1. Supply and Demand

One of the main reasons gas prices are high is due to the basic law of supply and demand. As economies reopen and people start traveling more, there is a higher demand for gasoline. At the same time, oil-producing countries are keeping their supply low in order to keep prices high. This creates a situation where there is more demand than there is supply, which drives prices up.

  1. Refinery Issues

Another reason gas prices are high is due to refinery issues. In the United States, refineries have been dealing with a variety of issues that have limited their ability to produce gasoline. For example, winter storms in Texas earlier this year caused several refineries to shut down, reducing the overall supply of gasoline. Additionally, some refineries are in the process of switching over to summer blends of gasoline, which can lead to a temporary reduction in supply.

  1. Transportation Costs

The cost of transporting gasoline from refineries to gas stations is another factor contributing to high gas prices. The cost of shipping fuel has risen in recent months due to a variety of factors, including a shortage of drivers and increased demand for shipping services.

  1. Taxes

Taxes are also a factor in the cost of gasoline. In the United States, federal and state taxes on gasoline can account for a significant portion of the price per gallon. Additionally, some states have recently raised their gas taxes in order to fund infrastructure projects.

  1. International Issues

Finally, there are a variety of international issues that can affect the price of gasoline. For example, tensions between the United States and Iran can lead to fears of a disruption in the global oil supply, which can drive up prices. Additionally, the ongoing COVID-19 pandemic has led to reduced oil production in some countries, which can also impact the supply of gasoline.

In conclusion, gas prices are high for a variety of reasons, including supply and demand, refinery issues, transportation costs, taxes, and international issues. While it’s unclear when prices will come back down, understanding the factors contributing to high gas prices can help consumers make informed decisions about their driving habits and fuel consumption.

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