LegalZoom | February 08, 2023
On February 7, 2023, LegalZoom, a leading online legal and compliance solutions platform, and NEXT Insurance, a renowned digital insurtech firm transforming small business insurance, announced a partnership to better assist small business owners in creating and protecting their businesses online.
NEXT's best-in-class, fully embedded insurance solution, NEXT Connect, enables small company owners to receive an estimate for small business insurance and obtain a plan that works for them without ever leaving the LegalZoom platform.
According to a LegalZoom poll of small company owners, just 9% of entrepreneurs reported having business insurance at the time of business formation. However, obtaining business insurance is essential when establishing a firm to ensure success. From giving benefits to employees to defending a firm from damages to protecting consumers, business insurance is necessary for U.S. enterprises and is sometimes legally mandated.
When it comes to partnerships and the goods and services given to small business owners, LegalZoom continues to adopt a technology-forward approach. Thanks to new partners such as Wix and now NEXT Insurance, customers of LegalZoom now have access to a simple, unified experience that allows them to establish, manage, protect, and expand their business without ever leaving LegalZoom.com.
Customers looking for small business insurance will have their information automatically entered within NEXT Connect, with their approval, in addition to the embedded experience with the LegalZoom platform, making it simple to explore the insurance alternatives that are suited for them. Furthermore, for those who are still deciding whether to buy insurance but want to learn more, LegalZoom's Business Toolkit includes educational content that might provide crucial insurance information for entrepreneurs.
Founded in 2001, LegalZoom is a leading online business formation and an online platform for legal and compliance solutions in the United States. With a mission to democratize law, it operates in 50 states and over 3,000 counties across the United States, having over 20 years of expertise in navigating complicated legislation and simplifying its clients' legal and compliance processes. Millions of customers trust LegalZoom to officially establish and operate their businesses and protect brands and intellectual property.
About NEXT Insurance
Founded in 2016, NEXT Insurance is a renowned digital insurtech firm redefining small business insurance with digital, easy, and affordable coverage customized for the self-employed. The company is trusted by over 420K business owners and offers 24/7 access to live certificates of insurance, additional insured, and more with no additional costs. In addition, it is revolutionizing the insurance industry by leveraging machine learning and AI to streamline the purchase process and deliver more affordable coverage.
SumUp | February 16, 2023
On February 15, 2023, SumUp, a leading financial technology company focusing on small businesses, and Netcetera, a market leader in digital payment solutions and payment security, partnered to protect small merchants from fraud. Through this partnership, SumUp will leverage Netcetera's dynamic solution to provide a robust and dependable Access Control Server (ACS), a crucial component of the authentication process.
The solution offers a high level of security and minimizes transaction flow touchpoints, allowing cardholders to avoid cumbersome multi-step processes and moving between apps when paying. The combination of Netcetera's 14 years of experience in the 3D-Secure market and SumUp's innovative capabilities in online finance solutions have produced a remarkable product. It is a game-changer for smaller businesses, allowing them to quickly sell their products online, boost conversion rates, and still provide first-rate fraud protection.
Head of Business Operations at SumUp, David Tatarishvili, shared, "Our userbase's security has always been our foremost priority; collaborating with Netcetera ensures that all our merchants, and their customers, are protected against e-commerce fraud and other security risks. By providing SMEs with ACS, it sets up a comprehensive line of defence against cyber criminals, saving merchants both time and money."
(Source - Yahoo Finance)
Through this partnership, SumUp and Netcetera intend to democratize access to industry-leading security solutions for small entrepreneurs and ensure that small- and medium-sized enterprises in the United Kingdom have access to digital security solutions to protect themselves and their customers.
SumUp is a global leader in financial technology based in London, with a mission to level the playing field for small businesses. Founded in 2012, it is the financial partner for over 4 million small merchants in over 35 global markets, assisting them in starting, operating, and expanding their businesses. The company's Super App offers merchants a free business account and card, an online marketplace, an invoicing solution, and in-person and remote payments seamlessly integrated with its card terminals and POS registers. Stonewall Workplace Equality Index recognized SumUp as a Top Global Employer for the LGBTQ+ community in 2022.
Verizon | December 20, 2022
A family-owned coffee shop, a floral truck, and a bait and tackle business are among 25 small businesses across southwest Florida awarded grants today from Verizon Business, totaling $250,000, providing them with critical relief as recovery efforts in the wake of Hurricane Ian continue.
“Long after the storm has passed, the devastation caused by Ian continues to unfold for small businesses, many of which lost everything and have had to start over,Our hope is that these grants can help these small businesses with resources they urgently need to recover.”
Aparna Khurjekar, Chief Revenue Officer, Business Markets and SaaS at Verizon Business.
Hurricane Ian struck Florida as a catastrophic Category 4 storm on Sept. 28th, killing over 100 people and causing damage to infrastructure, homes and other property that is estimated to exceed $50 billion. Thousands of southwest Florida small businesses were affected by the storm. To aid in the recovery, Verizon partnered with Collaboratory, a local nonprofit community-problem solving organization in Southwest Florida, and Florida TaxWatch, a trusted nonprofit organization that serves as the ‘eyes and ears’ of Florida taxpayers and promotes economic development across the state, to create the $10,000 grant program. Collaboratory and Florida TaxWatch worked with community leaders to select the final 25 small businesses from the hundreds of deserving applicants and nominees. We are thrilled to have received this grant as these funds will help us invest in sales channels to grow outside of Southwest Florida while our community focuses on rebuilding,” said grant recipient and CEO of Flying Eagle Kombucha, Maddy Eagle. “It will also assist us in strengthening our impact here at home, while we continue to support our local farms, community gardens, and their missions for a sustainable region.
The full list of small business grant recipients includes:
Captain Josh Greer
Captain Ozzie Lessinger
Chocolattés Roasting, LLC
Cracker Box Restaurant
D & D Matlacha Bait & Tackle
Exclusive Affair Party Rentals
F.I.S.H of Sanibel-Captiva, Inc.
Flying Eagle Kombucha
Gannon’s Antiques & Art
Gathering House by Dwelling Place Project
FastSigns of Cape Coral
Gulf Coast Leisure LLC
Hoops on Mission
Hope Clubhouse of SWFL, Inc.
Increase the Peach, Inc.
Jesi Cason Photography
Just N Time Barber Shop
Koza Farms, Inc.
Island Vibez Grill
Ollie's Pub – Records and Beer
Rupert’s Karate Academy
White Orchid at Oasis
Wild at Heart Flower Truck
Assisting Small Businesses with Free Learning Resources
In addition to hurricane relief efforts, Verizon is providing assistance to small businesses through Verizon Small Business Digital Ready, a free comprehensive online curriculum focused on helping small businesses with digital transformation. The portal was created with and for small businesses, with a specific focus on helping diverse and under-resourced business owners, and offers personalized learning through 30+ courses, mentorship, peer networking, 1:1 expert coaching and incentives. Spanish-language content, coaching and networking events and grant opportunities aimed at Hispanic-owned small businesses are also now available. This initiative is part of a 10-year commitment Verizon made in 2020 to support 1M small businesses with the resources to thrive in the digital economy as part of its responsible business plan, Citizen Verizon. Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology and communications services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $133.6 billion in 2021. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.