RevenueCat raises $40M Series B for its in-app subscription platform

RevenueCat, a startup offering a series of tools for developers of subscription-based apps, has raised $40 million in Series B funding, valuing its business at $300 million, post-money. Founded by developers who understood the difficulties in scaling a subscription app firsthand, RevenueCat’s

Wayflyer raises $76M to provide ‘revenue-based’ financing to e-commerce merchants

Wayflyer, a revenue-based financing platform for e-commerce merchants, has raised $76 million in a Series A funding round led by Left Lane Capital. Partners of DST Global, QED Investors, Speedinvest and Zinal Growth — the family office of Guillaume Pousaz (founder of Checkout.com) — als

Meme-based dating is here: Meet Schmooze

Vidya Madhavan always wanted to be in business. Growing up in India, she thought she might be in the business of running a factory, given the power and influence of outfits like Tata Group, the Indian multinational conglomerate. She certainly had an affinity for school, graduating at the top of her

Twitter teases its upcoming ‘premium’ service, which it plans to release globally

Would you pay for an upgraded Twitter? That’s a question Twitter will soon answer when it rolls out a new subscription service that will present users with an expanded feature set available only to paid subscribers. This is a different offering than Twitter’s previously announced Super

Poparazzi hypes itself to the top of the App Store

If Instagram’s photo tagging feature was spun out into its own app, you’d have the viral sensation Poparazzi, now the No. 1 app on the App Store. The new social networking app, from the same folks behind TTYL and others, lets you create a social profile that only your friends can post p

Instagram launches a new section for shopping product drops

Instagram today announced it’s adding a new feature to help connect online shoppers to product drops through its app. Drops, which are a newer e-commerce trend, help sellers create buzz for forthcoming products in the days and weeks leading up to their availability. The products themselves ar

Facebook and Instagram will now allow users to hide ‘Like’ counts on posts

Facebook this week will begin to publicly roll out the option to hide Likes on posts across both Facebook and Instagram, following earlier tests beginning in 2019. The project, which puts the decision about Likes in the hands of the company’s global user base, had been in development for year

India says WhatsApp’s lawsuit over new regulations a clear act of defiance

India said on Wednesday that WhatsApp's lawsuit challenging the new local IT rules is an “unfortunate last moment” attempt to prevent new regulations from going into effect in “a clear act of defiance,” and said the Facebook-owned service hadn’t raised any specific objec

Glovo splurges $208M on three Delivery Hero brands in the Balkans

The high-stakes game of chess (or, well, consolidation chicken) that is on-demand food delivery rolls on today with a little more territorial swapping in Europe: Barcelona-based Glovo has agreed to buy three of Berlin-based Delivery Hero’s food delivery brands in Central and Eastern Europe &#

WhatsApp sues Indian government over new regulations

WhatsApp has sued the Indian government challenging new regulations that could allow authorities to make people's private messages “traceable,” and conduct mass surveillance. The Facebook-owned instant messaging service, which identifies India as its biggest market by users, said it filed t

Getty Images leads $16M investment in Promo.com, a social video template tool

The social video tool Promo.com just raised $16 million in a Series B round led by Getty Images, the company synonymous with stock imagery. Brands, creators or whoever else might need some quick and dirty video content can search Promo.com for what they need, just like they would use a stock photog

We owe it to our kids to put an age limit on social media

For societies with long histories of protecting children with laws and regulations, isn't it surprising that nothing is being done to similarly shield them from the various and proven dangers of social media? We need to institute the same kinds of age limits and protections for technology and w

Struum launches its ‘ClassPass for streaming’ service to the public

Struum, the new streaming service from former Disney and Discovery execs, is today officially launching to the public. Unlike traditional on-demand streamers, such as Netflix, the Struum model is more akin to a “ClassPass for streaming,” as its plan is to aggregate content from smaller

Flexibits updates contacts app Cardhop, adds deeper integration with Fantastical

Flexibits, the company behind productivity apps Fantastical and Cardhop, is releasing a new version of Cardhop for both macOS and iOS. This is the second major version of the app and it adds new features, such as business card scanning, widgets, organizational charts and a deeper integration with F