Startups

VC firms are holding on to their checkbooks as the investment market slows to a crawl, but fund managers are taking advantage of the lull to fill up their coffers to the point of overflowing. In the first half of 2022, U.S. venture capital firms raised a $121.5 billion, a stunning leap from the $74

The credit card market has become increasingly crowded, with consumer fintech startups locked in a fierce competition to differentiate their offerings through branding, rewards programs and even crypto compatibility. X1 Card is taking a different tack by underwriting customers based on their income

It's been more than two decades since Moonfruit launched as the first SaaS website builder. It was a good run for a service launched at the height of the dot-com boom, finally winding down quietly late last year. Halfway through its life, Moonfruit was acquired by U.K. yellow pages publisher, Y

Privacy is a core concern in crypto. Once you know a crypto wallet address corresponds to a certain individual, you can track all the transactions that individual has made through their wallet on any public blockchain, including Bitcoin and Ethereum. Some cryptographers think the solution to crypto

Syrius Robotics, a Chinese startup that makes autonomous robots for warehouses, just secured 50 million yuan ($7.4 million) in a Series B funding round, lifting its total raised so far to $40 million. The four-year-old company specializes in what’s called autonomous mobile robots (AMR), in co

Complicated supply chains mean that consumers in Tier 1 and Tier 2 Indonesian cities often end up paying more for goods than their peers in large cities, like Jakarta. KitaBeli is on a mission to change that, with its own distribution network and a direct-to-consumer social commerce app. Today the

In late June, Modsy, on online interior design services startup, abruptly ceased offering design services, laid off its designers and left customers with unfinished renovations and project orders in process. The company returned some service order charges and promised to refund furniture deliveries

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you're reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I'll take a look at the hottest fintech news of the prev

Hey, everyone! Welcome back to Week in Review, the newsletter where we recap the most read technewss stories from the last seven days. Want it in your inbox? Sign up here! The most read story on the site this week was, once again, unfortunately, about layoffs — this time at Microsoft. While the

Advocates and organizers had been preparing for Roe v. Wade to be overturned since the U.S. Supreme Court draft decision leaked in early May. But Nadya Okamoto, co-founder of period care company August, still felt heartbroken when the decision became official in late June. “One of the things that

As venture capital grew around the world, tracking the fintech market was a fine way to understand the general health of the VC world; when venture was getting bigger, so too was fintech fundraising. Worth around a fifth of all venture dollars invested last year, fintech startups raised nearly unfa

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Time to do the Friday dance! We've mentioned our virtual TC Sessions: Robotics event a few times, but we've got some good news for events fans. Hang on to

These are turbulent times. Given the circumstances, it's hardly surprising that public markets are creaking and only niche sectors remain either unaffected or in a marginally positive position. Edtech is no exception. Today, Brighteye Ventures published its Half Year European Edtech Funding re

For much of her career, hacker Runa Sandvik has worked to protect journalists and newsrooms from powerful adversaries who want to keep wrongdoing and corruption out of the public eye. Journalists and activists are increasingly targeted by the wealthy and resourceful who seek to keep the truth hidde