Uzum, an e-commerce startup offering online shopping, fintech and food deliveries to millions of customers in Uzbekistan, has raised $114 million in funding, becoming the country’s first unicorn
Welcome to TechCrunch Fintech (formerly The Interchange)! We’re back after a brief hiatus, and I can tell you that judging by the volume of pitches I received last week, venture investing in the
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The 10-year-old company that's been grinding away in a tough industry offers a lot of hints of what the unicorns of 2023 will look like.
Africa, bucking global trends, raised more VC dollars in 2022 than 2021. But its unicorn list stayed stagnant.
It's unlikely that many investors came close to predicting what would play out in 2022. But, hey, there's always next year.
While most fintech unicorns are still garnering impressive valuations, the sector's hype from last year has started to fade.
A new report has shone a light on the impact that European and Israeli unicorns have had on the broader technology ecosystem since the global economic crisis 14 years ago. The report, titled “Eu
The cloud services sector is still dominated by Amazon and the other so-called “hyperscalers” — e.g. the Microsoft Azures, Google Cloud Platforms and IBM Clouds of the world. Accordi
There’s no nice way to say this: when it comes to onboarding new employees, most early-stage startups are either inept or uninterested.
A significant number of companies are following popular advice to try and break even, but the sad truth is that this is probably the worst possible advice for most startups right now.
News that Adobe will buy upstart design software unicorn Figma for $20 billion was the single largest event in startup land this week, a surprise upset over the Ethereum Merge coming to fruition.
A doubling of a 2021-era valuation in 2022 is a massive win, given how far the valuation bands for technology companies have shifted in the last year.
Capital has been abundant in the past few years, which fostered a tendency to underprepare for fundraising. Shortcuts are no longer a good idea.
Few startups in the crypto world boast the market dominance that OpenSea currently enjoys, but numerous venture-backed startups are looking to chip away at their lead. Welcome back to Chain Reaction,
Down round news may not be a slam dunk that generates a tier one feature like a funding round that drove your valuation upward, but it’s still funding.
If you have equity and are seeking liquidity, you are not alone. Getting liquidity for startup equity is an industrywide problem and has been for decades.
Netflix lost almost a million subscribers in the last quarter, and it expects to shed hundreds of thousands more this year. Does that mean consumers are suffering from "subscription fatigue?"
According to BCG global assets under management are around $100 trillion, but only $715 billion, or less than 1%, goes on what you might term “impact” companies or projects to tackle the w
When Serena Williams steps from away tennis, she’ll be walking into an arena as white as the one she just left.
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