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TechCrunch is a group-edited blog that profiles the companies, products and events defining and transforming the new web.
Digital banking startup Revolut raises $250M at a valuation of $1.7B
Revolut, the London-based fintech that offers a digital banking account and sprawling set of other financial services, is disclosing that it has raised a whopping $250 million in Series C funding, less than three years since launching. The new round, which gives the company a $1.7 billion post-money valuation — a five-fold increase in under […]

Thu, 26 Apr 2018 06:00:40 +0000

Y Combinator is going after Chinese startups with its first official event in China
High-profile U.S. startup accelerator Y Combinator is making a push to bring more China-based startups into its program after it announced its first official event in the country. YC has made a push to include startups from outside of North America in recent years. That has seen it bring in companies from the likes of […]

Thu, 26 Apr 2018 05:59:12 +0000

Early Go-Jek investor NSI Ventures goes independent and rebrands to Openspace
NSI Ventures, the Singapore-based VC firm affiliated with PE firm Northstar Group¬†that invested early in ride-sharing unicorn Go-Jek, is going independent after it announced it has rebranded to Openspace Ventures. NSI Ventures was started by Hian Goh,¬†an entrepreneur who sold his startup Asia Food Channel in 2013,¬†and finance exec Shane Chesson in 2014. The firm […]

Thu, 26 Apr 2018 04:22:21 +0000

Business solutions firm Africa’s Talking closes $8.6M round led by IFC
Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Uber and Taxify are going head-to-head to digitize Africa’s two-wheeled taxis African VC TLcom Capital invests $5M in Nigerian data analytics firm Terragon Group Business APIs in Africa are […]

Thu, 26 Apr 2018 01:45:58 +0000

In the age of Cambridge Analytica what are reasonable data norms?
Sameer Noorani Contributor Share on Twitter Sameer Noorani is a serial entrepreneur currently working on a stealth startup. His previous startups include:¬†Roomvine,¬†Hoodere¬†and¬†RoundOnefight. Things really escalated quickly in this month’s Facebook-Cambridge Analytica scandal. While it’s usually best to just sit back with a bucket of popcorn and watch reality business drama unfold, I was surprised by […]

Thu, 26 Apr 2018 01:30:53 +0000