Anglo-Hungarian anti-fraud platform SEON pulls in a $94M Series B led by IVP
Last year, SEON, which has an anti-fraud platform designed to fight accounts raised a $12 million Series A. It does this by looking at a customer's 'digital footprint' – especially their social media – in order to weed out false accounts and thus prevent fraudulent transacti
Deliveroo fined in France after court rules it abused riders’ rights
U.K. food delivery gig platform Deliveroo has lost a court challenge in France over the “freelancer” status of riders. Reuters reports that the company has been fined the maximum penalty of €375,000 by a Paris court.
Two former execs have also been fined €30,000 and given one-year s
Nue Life Health raises $23M Series A Led by Obvious Ventures for psychedelics platform
Last year we covered the $3.3 million seed round for NUE Life Health, a US-based telemedicine startup in the US, which was building out a mental wellness platform that combined psychedelic-assisted therapies and a graph database-driven app. This at-home ketamine therapy – considered a radical
Daily Crunch: 2 unannounced rounds boost Clipboard Health to $1.3B valuation
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Welcome to the Daily Crunch for Monday, April 18, 2022. There's been a ton of fun and — dare we say it — surprising content on technewss over the past fe
GSA looks into facial recognition bias and improving accessibility in federal web services
The U.S. General Services Administration, which procures and investigates tech for things like government websites and online services, is making a two-pronged push for accessibility in its recently released Equity Action Plan. Websites must be made accessible beyond the bare minimum, it said, and
Apple retail workers at the Grand Central store are trying to unionize
From Activision to Amazon, historic union elections are changing the way that Americans think about work. Now, Apple is the next tech giant to reckon with an employee-driven labor movement.
Calling themselves the Fruit Stand Workers United (FSWU), employees at Apple’s Grand Central Terminal r
Instagram rolls out product tagging feature to US users
Instagram announced that product tagging, which previously only creators and brands could use, is now available to all U.S. users with public accounts. Instagram first announced the update in March and said it would be available in the coming months.
Image Credits: Instagram
To tag a product, after
Ellis raises $5.6M to pave the way for international students
Almost anyone who has moved to a new country knows that setting up the basics, like a bank account, are the hardest tasks to do. That's why Ellis was created for international students planning to study in the U.S. Before they arrive, they can open a debit account with Ellis' neobank and si
We're still in founder-friendly market, kind of
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I've been thinking a lot about silos, or the lack thereof, within startupland. There's sometimes an artificial wall that is put up between companies at
Kremlin critic Navalny calls for Google and Meta to turn their adtech into an anti-war weapon
Jailed Kremlin critic Alexey Navalny has called on tech giants Google and Meta/Facebook to help circumvent Putin’s grip on the media and get information out to ordinary Russians about what’s actually going on in the war in Ukraine by allowing their ad targeting tools and platforms to be
Lydia Hylton on why she joined Bain Capital Crypto despite ‘that tweet’
Last month, on International Women's Day, Bain Capital Crypto announced a $560 million crypto-native fund with an all-male partnership behind it.
While all-male teams are an unfortunate commonality in venture and crypto, the irony of the homogenous announcement on a day dedicated to representat
Uber cites tough regulations as it suspends Tanzania operations
Uber suspended its operations in Tanzania today, citing a tough regulatory environment that has made it difficult for the ride-hailing company to continue running in the East African country.
In a statement, Uber noted the “guide fare” by the Land Transport Regulatory Authority (LATRA) as the m
UK fintech startup Leatherback raises $10M for its cross-border payments led by ZedCrest
Immigrants, international students, and the migrant population in general all require international payments, or foreign exchange. Revolut and Wise are among those platforms to have taken advantage of this international audience. Now, fintech startup Leatherback, a U.K.-based cross-border payments
Braid aims to untangle pooling money with friends
Entrepreneur Amanda Peyton has always been “the friend that’s good with money,” whether as the treasurer of her high school at age 16 or today as the founder of Braid, a company that wants to make shared wallets more mainstream among consumers.
“People are terrified by money, so