Categoria: Techcrunch

Tyme Group, a South African fintech, has secured $250 million in a Series D round, pushing its valuation to $1.5 billion. The funding was led by Nu Holdings, which owns Latin America’s most valuable fintech NuBank, investing $150 million for a 10% stake. M&G Catalyst Fund invested $50 million, while existing shareholders provided the remaining… Continua a leggere African digital bank Tyme raises $250M round led by Nubank at $1.5B valuation

Hexa, a Paris-based startup studio that has launched dozens of B2B software companies, is sharing a list of its next batch of projects that are soon going to become independent startups. Hexa originally started its life in 2011 as eFounders, a startup studio focused on B2B software-as-a-service products. Hexa usually comes up with the ideas… Continua a leggere Hexa, the startup studio behind Aircall and Swan, unveils its next batch of startups

Aye Finance, a lender targeting small- and medium-sized businesses in India, is seeking to raise $171 million from its initial public offering, it disclosed in a filing Tuesday. The offering comprises a $104 million fresh share issue and a $67 million secondary sale by existing investors. Proceeds from the IPO will be used to expand… Continua a leggere Alphabet-backed Indian lender files for $171M IPO

South Korea’s antitrust watchdog has fined Kakao Mobility, the ride-hailing unit of Korean tech firm Kakao, $10.5 million (KRW 15.1 billion) for limiting competitors’ access to its taxi app — lowering the penalty from an initial fine of $50.3 million (KRW 72.4 billion) as the earlier sanction was based on an overestimated calculation of the… Continua a leggere Kakao Mobility hit with $10.5M antitrust fine for limiting rivals’ access

A startup out of Turkey that has built a hit casual mobile game where you have to find cats in Where’s Wally-style drawings of increasing complexity has now found something else: $18 million in funding. Agave Games, the creator of Find the Cat, will be using the Series A to build out its team and… Continua a leggere Agave, the startup behind Find the Cat, finds $18M

The tourism and travel industries are finally back on track, expected to make a “full recovery” to pre-pandemic levels of activity, the UN said earlier this month. As an indicator of that, Hostaway, one of the bigger software startups in the space, is announcing a giant round of funding to double down on growth.  The… Continua a leggere Travel is back: Hostaway raises $365M at $925M valuation

Meta has agreed to a $50 million payment program to settle a long-running proceeding in Australia related to misuse of information for political ad targeting, the country’s information watchdog OAIC announced Tuesday. The settlement concerns the 2018 Cambridge Analytica scandal, when data on millions of Facebook users was exfiltrated without their knowledge or consent by… Continua a leggere Meta to set up $50M privacy payment scheme to settle Australian proceeding

Online merchants usually pay up to 8% of every sale to companies like PayPal, Apple Pay, and Stripe, and pass those costs on to consumers. So-called ‘account-to-account’ or ‘A2A’ payments can cut transaction fees to below 1%, saving merchants and consumers quite a bit of cash. The difficulty has been in making it seamless for both… Continua a leggere As account-to-account payments startups falter, Volume raises fresh cash

Getting paid in cryptocurrencies may sound like a bad idea, but this could be an actually useful feature for international contractors. Remote, the company that lets you hire people and manage contractors all around the world, is introducing crypto payouts on Tuesday. Companies based in the U.S. can start paying their contractors with stablecoins in… Continua a leggere Remote enables USDC crypto payouts for contractors

TikTok is now subject to not one, but two Digital Services Act (DSA) investigations. The European Union announced on Tuesday that it has opened a formal proceeding focused on election risks, specifically in the context of recent elections in Romania. The probe will focus on TikTok’s recommender systems, principally “risks linked to the coordinated inauthentic manipulation… Continua a leggere EU to investigate TikTok’s response to election security risks in Romania