finance

Millions of Venmo transactions scraped in warning over privacy settings

A computer science student has scraped seven million Venmo transactions to prove that users’ public activity can still be easily obtained, a year after a privacy researcher downloaded hundreds o

After Equifax breach, US watchdog says agencies aren’t properly verifying identities

A federal watchdog says the government should stop relying on the credit agencies to verify the identifies of those using government services. In a report out this week, the the Government Accountabil

Emma, the London-based money management app, launches in the US and Canada

Emma, the U.K. money management app (now calling itself your “best financial friend”), has launched in the United States and Canada — and is now one of a plethora of London fintechs venturin

Symphony, a messaging app that’s been a hit with Wall Street, raises $165M at a $1.4B valuation

Slack’s rapid rise and upcoming IPO are clear signs of the ripe opportunity to be had in the field of enterprise messaging. Today, a startup that’s built a messaging product specifically f

Colombian point-of-sale lender ADDI nabs $12.5 million from Andreessen Horowitz

Andreessen Horowitz <3 Latin American startups. Latin America is the only region outside of the U.S. where the venture firm is routinely investing capital, and it just made another commitment, doub

Crane, a new early-stage London VC focused on ‘intelligent’ enterprise startups, raises $90M fund

Crane Venture Partners, a newish London-based early-stage VC targeting what it calls “intelligent” enterprise startups, is officially outing today. Founded by Scott Sage and Krishna Visvan

Workhorse gets $25 million needed to finish electric delivery van

Workhorse Group, the electric vehicle company that grabbed headlines last month over a proposed deal to buy General Motors’ Lordstown, Ohio factory, has raised $25 million from a group of unname

Student loan refinancing startup Splash Financial raises $4.3 million

Splash Financial, a Cleveland-based startup that has partnered with the Pentagon Federal Credit Union to refinance student loans, has raised $4.3 million in a round of venture financing. The round was

Fintech platform Synapse raises $33M to build ‘the AWS of banking’

Synapse, a San Francisco-based startup that operates a platform enabling banks and fintech companies to easily develop financial services, has closed a $33 million Series B to develop new products and

Zoom outperforms in first-ever earnings report

Zoom shares are gaining ground following report of major revenue growth.

Step raises $22.5M led by Stripe to build no-fee banking services for teens

The smartphone revolution has well and truly disrupted the world of banking. A wide range of startups have cropped up that have completely removed the need to make visits to physical branches to open

Line teams up with Visa to boost its mobile payment service

Messaging app Line has partnered with Visa to bring traditional financial clout to its mobile payment service. The deal will see Line Pay become compatible with Visa’s 54 million merchant partne

Social Capital reincarnated

Social Capital tried to disrupt VC and fell apart. Tribe Capital is picking up the pieces.

Connected bike and treadmill-maker Peloton files confidentially for IPO

Exercise tech darling and service provider Peloton has filed for an IPO with a confidential draft submission of its S-1 statement to the SEC on Wednesday. The company announced the news in a press rel

Microsoft and Oracle link up their clouds

Microsoft and Oracle announced a new alliance today that will see the two companies directly connect their clouds over a direct network connection so that their users can then move workloads and data

SEC expands its war on cryptocurrency companies with a lawsuit against Kik

The Securities and Exchange Commission has sued Kik Interactive for the $100 million token sale the company announced two years ago. It’s an expansion of legal actions that began last year as th

Where are all the biotech startups raising?

Where are all the biotechnology companies raising these days? We crunched some numbers to arrive at an answer.

Startups Weekly: Will the real unicorns please stand up?

In this week's newsletter: CrowdStrike readies its IPO, Brex eyes a $2B valuation and SoFi lands a whopping $500M.

Slack narrows losses, displays healthy revenue growth

Slack posted first-quarter revenues of $134.8 million on losses of $31.8 million weeks ahead of its NYSE direct listing.

Is the tech press too positive in its coverage of startups?

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.
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