economy
PayPal is the first company to drop out of the Facebook-led Libra Association
PayPal has become the first company to walk away officially from Facebook’s Libra, a cryptocurrency and related association that it announced earlier this year with a chain of nearly 30 big…
This TechCrunch Disrupt Battlefield startup wants to upend Wall Street’s antiquated wealth management system.
Africa Roundup: CcHub’s iHub acquisition, Andela’s $50M run rate and layoffs, Transsion’s IPO
Two of Africa’s powerhouse tech incubators joined forces in September. Nigerian innovation center and seed-fund CcHub acquired Nairobi based iHub. The purchase amount was undisclosed, but CcHub will finance the deal…
Brex announces its newest product, Brex Cash, onstage at TechCrunch Disrupt.
T2D3 Software Update: Embracing the Founder to CEO (F2C) Journey
It’s been four years since TechCrunch published my blog post The SaaS Adventure, which introduced the concept of a “T2D3” roadmap to help SaaS companies scale — and, as an…
Coding training and outsourcing service Catalyte launches a toolkit for corporate ‘up-skilling’
Catalyte, the Baltimore-based coding training and placement service, has launched a new software service designed to take its machine learning-based skills-assessment and training program to companies around the country. With…
Upstart banking company Dave is now worth $1 billion, as Norwest puts in $50 million
Two years after the Los Angeles-based fintech startup Dave launched with a suite of money management tools to save consumers from overdraft fees, the company is now worth $1 billion…
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Badass millennial women are supercharging startup investments
Across the political, social and economic stage, women’s issues are finally receiving heightened attention and priority. What’s driving so much positive change?
Worried about a ‘no deal’ brexit? UK startups should check this guide
UK startups concerned the country is about to leave the European Union in just a little over a month’s time with nothing agreed to ensure a smooth transition should point…
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‘We are seeing volume and interest in Peloton explode,’ says company president on listing day
Making the world more fit one $2,245 bike at a time
Package Free picks up $4.5 million to scale sustainable CPG products
The climate crisis continues to be just that… a crisis. And it’s spurring people across the country (and globe) to take action, particularly when it comes to their own lifestyle.…
Nigeria’s CcHub acquires Kenya’s iHub to create mega Africa incubator
Two of Africa’s powerhouse tech incubators will join forces. Nigerian innovation center and seed-fund CcHub has acquired Nairobi based iHub, CcHub CEO Bosun Tijani confirmed to TechCrunch. The purchase amount…
Fractional home ownership startup Divvy raises $43m series B to build a path from rent to purchase
There is no more important savings asset for most American families than owning a home, but the dream of ownership has turned into a nightmare. Homeownership, which peaked in 2004…
MaxAB raises $6M seed round to optimize Egypt’s B2B grocery markets
Cairo-based startup MaxAB looks to optimize the supply-chain network for Egypt’s food and grocery retailers. The B2B e-commerce company raised a $6.2 million seed-investment co-led by Beco Capital and 4DX…
ClimateTech is the new hot space for investors in a warming planet
How do you attract the attention of a prince? Aside from being Meghan Markle, of course. One answer came recently in the form of Prince Harry’s backing of a new…
Hear about investing in African tech at Disrupt SF with Marième Diop, Wale Ayeni and Sheel Mohnot
If you’re a VC or founder in London, Bangalore or San Francisco, you’ll likely interact with some part of Africa’s tech landscape for the first time — or more —…
In this week’s newsletter: Airbnb, WeWork and Postmates prep IPOs.
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At TechCrunch Disrupt, insights into key trends in venture capital
Learn from top VCs at TechCrunch Disrupt.
Lookiero closes $19M led by MMC Ventures to be the Stitch Fix for Europe
Lookiero, the online personal shopping service for clothes and accessories, has closed a $19 million funding round led by London-based VC MMC Ventures, with support from existing investor All Iron…
With its third fund, Revolution Ventures stays true to its mission
Revolution Ventures raises another $215 million to invest outside of the hotbeds.
Remagine secures $35M fund backed by media giants to focus on entertainment and media tech
Remagine Ventures is a relatively new European VC fund that focuses on investments in entertainment tech, including AI, gaming, sports and esports, AR/VR, consumer and commerce. It has now completed…
Accel and Sequoia seed Middesk with $4M to background check businesses
Middesk helps financial entities identify business and regulatory risk in their customer base.
Nigerian fintech startup Kuda — a digital-only retail bank — has raised $1.6 million in pre-seed funding. The Lagos and London-based company recently launched the beta version of its online…
California passes landmark bill that requires Uber and Lyft to treat their drivers as employees
California legislators have passed a bill that would treat workers at so-called gig economy companies such as Uber and Lyft as employees, giving them access to improved wage and benefit…
DHL expands Africa eShop online retail app to 34 countries
DHL has expanded its DHL Africa eShop business to 13 additional markets, upping the presence of the global shipping company’s e-commerce platform to 34 African countries. DHL went live with…
PrimaryBid closes $8.6M round for its platform aimed to help retail investors
PrimaryBid, a UK-regulated platform connecting publicly listed companies with everyday investors for discounted share issuances has previously raised $3M. It’s now upped those stakes with an $8.6M funding round, led…
Accion Venture Lab launches $23M inclusive fintech startup fund
Accion Venture Lab — the seed-stage investment arm of nonprofit Accion — has raised $23 million for a new inclusive fintech startup fund. The Accion Venture Lab Limited Partnership, as…
Apple products under pricing pressure as new 15% tariffs drop Sunday
A new 15% tariff on Chinese imports will go in effect just after midnight Sunday, placing levies on hundreds of household goods and consumer tech, including a bevy of Apple…
In this week’s newsletter: Peloton’s going public, Boll & Branch raised another $100M and more.
Urbvan raises $9 million for its private shuttle service in Mexico
As cities in emerging markets grapple with increasingly traffic-clogged and dangerous streets, Urbvan, a startup providing private, high-end transportation shuttles in Mexico, has raised $9 million in a new round…
