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Retina Launches AI, Machine Learning Tool For E-commerce Companies

socalTECH

Los Angeles-based Retina , a startup which develops machine learning and artificial intelligence software for predicting customer lifetime value (CLV) of a company's customer, said it has launched a new tool that it is offering up to small to middle-market e-commerce businesses.

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LA-based MarketerHire upgrades its service matching remote marketers with companies

TechCrunch LA

MarketerHire , a Los Angeles-based startup backed by a slew of executives from some of the city’s hottest startups, launched its new service matching freelance marketing experts with open jobs listed on its platform. . Brands can typically fill their open positions in as little as 48 hours, the company said.

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Lantern Credit Buys Machine Learning Technology

socalTECH

Newport Beach-based Lantern Credit , a fintech startup focused on the consumer credit market, said this morning that it has acquired a set of software used for machine learning. Lantern Credit said Korns previously has served at such companies as IBM, Tymshare Transaction Services, Xerox Imaging and Investment Science.

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How ZestFinance Is Using Machine Learning to Reshape Lending, with Jay Budzik

socalTECH

One of the hottest sectors of the technology startup market today is the use of artificial intelligence, big data, and machine learning across many different sectors including finance. Machine learning is great at consuming data, taking lots of different data, and finding signal in that data to make predictions.

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EvoNexus Launches Fintech Incubator

socalTECH

According to EvoNexus, the incubator will work with startups focused on technology areas that will impact financial services companies of all sizes and the customers they serve. EvoNexus did not say how much funding companies joining the incubator will gain, or the structure of the incubator.

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Camino Financial Collects $8M

socalTECH

According to the company, the funding was led by Credito Real, the Mexican financial services company. Camino Financial says it is building artificial-intelligence driven software which will help unlock access to the Latinx market, where it says entrepreneurs have a difficult time getting funding for their business ventures.

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8 Priorities When Offering A New Product Or Service

Startup Professionals Musings

Every one of you business owners I know periodically introduces new products and services to sustain growth, fight off competitors, or take advantage of new technologies. The cost of any new product these days must include education and rollout marketing, perhaps equal or greater than the development costs.

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