Token.io raises $40M to expand open banking-based account-to-account payments in Europe

The rise of digital payments has changed the nature of how people do business with each other; and open banking — a movement in banking where incumbents are finally adopting newer technology such as APIs to open their systems to modern integrations — is leading to a wave of new payment

Interswitch receives $110M investment from LeapFrog and Tana Africa Capital

African payments company Interswitch has secured a $110 million joint investment from LeapFrog Investments and Tana Africa Capital to scale its digital payment services across the continent, the two private investment firms said in a statement Wednesday. Interswitch didn’t confirm the amount

SoftBank may cut startup investments by more than half this year

SoftBank may cut its startup investments this fiscal year (FY 2023) by more than half, chief executive Masayoshi Son said on an earnings call Thursday, the latest high-profile investor to become vocally cautious about opportunities in the private markets amid a global slowdown. The move follows a b

Checkout.com to acquire identity verification startup Ubble

A few months after raising $1 billion, payments startup Checkout.com has announced that it plans to acquire French startup Ubble, which operates a remote identity verification service. The deal should close later this year and Checkout.com isn't disclosing the terms of the deal. With this acqui

BVNK grabs $40 million for its crypto banking services

"http://localhost:81/images/resimler/speakable-summary">Cryptocurrency startup BVNK (pronounced “bee-vee-en-kay”) has closed a $40 million Series A funding round at a $340 million post-money valuation. Interestingly, Tiger Global is leading the round despite being in the news because the

Singapore-based Good Startup raises $34M fund to invest in alternative protein companies

"attachment_2316324" aria-describedby="" style="width: 5631px">Good Startup founders Gautam Godhwani and Jayesh Parekh Good Startup, a Singapore-based venture capital firm focused on alternative protein, has closed its latest fund. Consisting of $34 million, the new fund, called Good Protein Fund I,

Japan’s Zeals raises $38.8M to scale its chat commerce platform

Zeals, a Tokyo-based startup that lets businesses communicate with their customers via its chat application, said Thursday it has secured $27.2 million (3.5 billion yen) in equity and $11.6 million (1.5 billion yen) in debt. The latest round brings its total funding raised to $41.4 million, the com

Daily Crunch: Terraform Labs CEO goes public with strategy to re-peg sliding UST stablecoin

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. It's Wednesday, May 11, aka the start of GooglePalooza, which the company insists on referring to as the far less entertaining “Google I/O 2022.” Our “Go

Dear Sophie: What are the visa options for international founders?

Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says

'My competition is climate change': Carbon Clean raises $150M led by Chevron

Carbon Clean, a startup focused on capturing harmful factory emissions before they enter the atmosphere, has secured a hefty $150 million series C round led by oil company Chevron. Aiming to carry out “industrial decarbonization on a gigatonne scale by the mid-2030s,” Carbon Clean is chasing a

Leland breaks into the coaching space with a focus on careers, not classes

The coaching world is crowded. There's BetterUp, a re-skilling platform that wants to bring executive coaching to employees, and Sounding Board, which mixes SaaS and coaching services. Not to mention a slew of smaller yet ambitious startups like Mentor Collective, which matches students to ment

These AI-powered watchdogs are here to keep your workplace workers safe(r)

Last year, Voxel raised $3 million to make manufacturing, retail, oil and gas, and other industry warehouses and workplaces safer through AI-powered security cameras. It has been busy in the background, working and raising funds to further develop its tech to make the workplaces safer and to ramp u

Finding your startup’s valuation: 5 factors to consider

“What is your valuation?” As an angel investor, this is one of my first questions when talking to founders for a potential investment. And often, I hear numbers that are either too low or very high. For instance, a founder who had graduated from an elite business school

Socket lands $4.6M to audit and catch malicious open source code

Securing the software supply chain is admittedly somewhat of a dry topic, but knowing which components and code go into your everyday devices and appliances is a critical part of the software development process that billions of people rely on every day. Software is just like any other product you