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TechCrunch

TechCrunch is a group-edited blog that profiles the companies, products and events defining and transforming the new web.
Apple Pay now in 20 markets, nabs 90% of all contactless transactions where active
 While we are going to have to wait a little longer for Apple to launch payments in iMessage, this weekend, Jennifer Bailey, Apple’s VP of Apple Pay, announced a series of other milestones for the digital wallet and payments service that competes against the likes of Android Pay from Google, Samsung’s wallet and others efforts from retailers and banks. The advances point to how… Read More

Mon, 23 Oct 2017 09:38:50 +0000

Countingup, a startup from founder of Clear Books, raises ​$750K to merge banking and accounting
 Countingup, a new fintech startup from Tim Fouracre, who previously founded cloud accounting software Clear Books, wants to simplify the life of sole traders by reinventing the business bank account. Specifically, Fouracre’s vision is that for one-person enterprises, business banking and accounting software should be merged so that book keeping and filing accounts can be automated. Read More

Mon, 23 Oct 2017 07:00:43 +0000

SoFi held acquisition talks with Charles Schwab
 SoFi, the online lending giant, held conversations with Charles Schwab about a potential acquisition by the brokerage firm, according to a source with knowledge of the discussions.The M&A talks were first reported by the Financial Times and were said to take place earlier this year. In addition to Charles Schwab, the FT reported that there were discussions with several other unnamed… Read More

Mon, 23 Oct 2017 05:20:41 +0000

Unboxing Stitch Fix’s S-1
 When Zuiily went public in 2013, it sparked a resurgence of interest in an otherwise lagging e-commerce market. Quickly trading up to reach an $8B market cap — valuing the company at over 10 times revenues — Zulily became the poster child of the flash sales boom. Over the ensuing months and years, concepts such as curated commerce, conversational commerce, flash sales,… Read More

Mon, 23 Oct 2017 01:30:04 +0000

Winnow raises further $7.4M for its smart kitchen tech that reduces commercial food waste
 Winnow, the U.K. startup that has developed smart kitchen tech to help commercial kitchens reduce food waste, continues to be on a roll. It counts the likes of IKEA, Compass Group, and AccorHotels as customers, and estimates its 600-plus clients are saving 4,300 tonnes of food waste annually through the use of the Winnow system. Read More

Sun, 22 Oct 2017 23:01:35 +0000