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"speakable-summary" style="text-align: left;">Montreal-headquartered Inovia Capital has raised $450 million for Growth Fund II, the firm’s second growth-stage investment fund. The close of this funding comes just a little over two years after the announcement of its first in February 2019, a $

Ikigai, a London fintech founded by former McKinsey partners, thinks there’s room in the crowded challenger market for a new premium offering that combines digital banking with wealth management. Targeting future and present high-net-worth individuals, Ikigai is iOS-only for now and consists

SumUp, a London-based startup that helps businesses power revenues through card payments — by way of physical readers, online payments, invoices and other services — is itself powering up in a big way. Today it announced financing totalling €750 million (around $895 million at today&#

It is nearly impossible for businesses in some African countries to receive money from PayPal. While the payments giant has not given reasons why this is so, speculation hints at factors like insufficient regulation and poor banking security in said countries.  That might be a thing of the past fo

One of the bigger startups in Europe operating a trading platform for cryptocurrency has closed a big round of funding on the heels of very rapid growth, and plans to open its platform to a wider stream of assets. Bitpanda, a “neobroker” that wants to make it easier for ordinary people

Chinese users of the instant messenger Signal knew that the good times wouldn’t last long. The app, which is used for encrypted conversations, is unavailable in mainland China as of the morning of March 16, a test by technewss shows. The website of the app has been banned in mainland China s

Over the years, Jack Ma has accumulated a media portfolio in China that rivals that of Jeff Bezos in the United States. But now the future of Ma’s media empire is in the crosshairs of the Chinese government, which is wary of the billionaire’s increasing media clout. The Chinese authorit

Shared micromobility startup Bird said it is investing $150 million into a European expansion plan that will include launching in more than 50 cities this year, a move that it says will double its footprint in the region. This growth plan is already underway, with Bird recently bringing its scooter

Sherpa, a startup from Bilbao, Spain that was an early mover in building a voice-based digital assistant and predictive search for Spanish-speaking audiences, has raised some more funding to double down on a newer focus for the startup: building out privacy-first AI services for enterprise customer

Stripe gets a mind-boggling valuation, Facebook promotes COVID vaccines and Elon Musk has an interesting new title. This is your Daily Crunch for March 15, 2021. The big story: Stripe valued at $95B That’s right: The popular payments company has raised $600 million in new fund

GitHub has reached an “amicable resolution” with the person the company fired in the aftermath of the attack on the U.S. Capitol in January, the former employee told technewss. On the day a violent mob of Trump supporters stormed the U.S. Capitol, a worried GitHub employee warned his

Every once in a meme-ified blue moon, the wildly irrational cryptocurrency ecosystem gives birth to something that might outlive the hype. The crypto art hype may be silly and expensive, but it might also empower artists from emerging economies and underrepresented groups to access the global art m

Amid growing competition from Twitter Spaces and other newcomers, popular social audio startup Clubhouse is making a move aimed at seeding its network with more high-quality content: It’s launching an accelerator program. During its weekly town hall event on Sunday, the company detailed its p

Kelauni Jasmyn, general partner at the new Black Tech Nation Ventures, can explain her aims for the new firm quite succinctly: “The goal is to get more Black people funded.” That's something Jasmyn has been working on already with Black Tech Nation, a Pittsburgh-based organization that supp