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Crypto infrastructure company Fireblocks nearly quadruples valuation to $8B in six months

Crypto custody platform Fireblocks is quite possibly “the most successful and least-known company in the blockchain space,” as described by its co-founder and CEO Michael Shaulov in an interview w

Venmo introduces new gift-wrapping feature with eight animated designs

Venmo is introducing a new gift-wrapping feature to give users a new way to gift money to friends and family. The new feature is starting to roll out today and gives users access to eight animated gif

Seel secures $17M round to infuse AI in customer product returns

Merchants can add “return assurance” to an order, if it is returned in the next 30 days, Seel, instead of the merchant, will pay for the refund.

Crypto API provider Conduit wants to be the Stripe of decentralized finance

Financial institutions continue to search for ways to pile into the crypto market, and decentralized finance (DeFi) products are one mechanism that could help them capture share. Investors in DeFi pro

Ivorian e-commerce startup ANKA, formerly Afrikrea, raises $6.2M pre-Series A

A study by McKinsey & Company on general e-commerce activities in Africa says consumer spending will reach over $2 trillion in the next three years. Much of this spending falls under the importati

Regulating crypto could create American super apps

Regulating crypto could be the key to the emergence of the first American super apps and an opportunity to build a new digital-first financial ecosystem

Cash App now lets users ‘gift’ stock and bitcoin using their USD balance or a debit card

There are already a number of ways to gift cryptocurrencies, but today Cash App will make doing so simpler with a new feature rolling out to its peer-to-peer payments app. The app, owned by Block (the

Meta’s Messenger boss, Stan Chudnovsky, is the latest exec to leave the company formerly known as Facebook

As Facebook transitions its corporate branding and organizes around a “metaverse” future, a number of high-profile execs have been leaving the company. Last week, former Messenger boss and

Facebook’s top crypto executive David Marcus is leaving the company

Facebook parent company Meta is losing its top crypto executive later this year. David Marcus who leads crypto unit Novi and previously helmed the company’s Messenger unit, announced Tuesday tha

Klarna offers ‘Pay Now’ option in US, Klarna Card coming soon

Klarna has doubled its customer base in the United States to over 21 million customers. 

Linktree partners with Shopify to allow users to add storefronts on its platform

Linktree, the popular “link in bio” service, is launching a Shopify integration to give users a way to promote their businesses and products directly on its platform. With this integration, Linktr

Chinese EV startup Nio’s journey to the West

Nio, a Chinese electric vehicle startup listed on the NYSE, will be in at least six European markets by 2022. The firm shared its ambitions for Europe on its earnings call this week. Nio is already ta

Amazon is adding a Venmo checkout option next year

PayPal today announced that Amazon.com will be adding a Venmo option to checkout for users in the U.S., starting next year. The news arrived as the online payment giant announced solid third quarter r

H2O.ai raises $100M at a $1.6B pre-money valuation for tools to make AI usable by any kind of enterprise

H2O.ai — a startup that has developed an open-source framework as well as proprietary apps that make it easier for any kind of enterprise to build and operate artificial intelligence-based servi

Chipper Cash gets $2B valuation with $150M extension round led by FTX

Chipper Cash, an African cross-border payments company, has raised $150 million in a Series C extension round led by Sam Bankman-Fried’s cryptocurrency exchange platform FTX. The investment comes ba

Equity Monday: PayPal punts on Pinterest as Facebook’s hell month continues

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest pri

PayPal picking Pinterest puts us in a parsing pickle

Look, we don’t get it either. Taking some time as a group to sit around and chat through the possibly impending PayPal-Pinterest deal, Natasha and Alex didn’t wind up cracking the story. W

PayPal said to be exploring potential acquisition of Pinterest

In what would be a blockbuster acquisition, PayPal is reportedly exploring the purchase of social media company Pinterest, according to Bloomberg. According to the publication, San Jose, California-ba

AI shopping assistant Karma raises $25 million in Series A funding led by Target Global

AI shopping assistant and shopping network Karma announced that it has raised $25 million in Series A funding led by Target Global followed by MoreTech Ventures, with participation from existing inves

European point of sale provider SumUp acquires customer loyalty startup Fivestars for $317M

SumUp, a European-based competitor to Square, PayPal/iZettle and others that provide mobile-powered card readers and other sales technology to merchants and small businesses, has made an acquisition i
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