Category: Uncategorized
-
Affiniti’s 20- and 22-year-old founders raise $17M led by SignalFire just 6 months after an $11M seed
Affiniti founders Aaron Bai and Sahil Phadnis are building the kind of expense management software for main street small businesses that tech startups have enjoyed for years. Read more
-
Monzo’s pivot from cool to corporate: ‘freshness is not about gimmicks’
Monzo, Britain’s biggest digital bank, is still synonymous with its neon debit cards, extensive use of emojis, and free spending abroad. But it’s no longer just trying to be cool; it’s trying to become a major financial institution. That shift, from an upstart fintech beloved by millennials into a mature, sustainable business, is what makes… Read more
-
Sylndr, with fresh $15.7M, allows users to buy, sell, finance, and service used cars in Egypt
Cairo-based Sylndr has raised $15.7 million as it expands beyond online used car sales into auto financing, servicing, and tools for dealers. The round was led by Development Partners International’s Nclude Fund and included follow-on investments from Algebra Ventures and Nclude. The company, which operates in Egypt’s fast-growing but under-digitized vehicle market, said the latest… Read more
-
Waymo gets OK to expand robotaxi service into more of Silicon Valley
The company is also aiming to unlock access to the San Francisco International Airport, although those plans are on a much longer timeline. Read more
-
Klarna’s revenue per employee soars to nearly $1M thanks to AI efficiency push
Last year, Klarna announced a significant initiative to leverage its internally developed AI systems, powered by OpenAI, across its operations. This wasn’t empty talk for the buy now, pay later giant. The company not only ended its pricey contract with Salesforce CRM, but also curtailed its hiring efforts, allowing AI to do some of the… Read more
-
Waymo and Uber are giving some riders early access to Atlanta robotaxi service
Atlanta is the second city to get the so-called “Waymo on Uber” service. The companies launched the service, which matches riders with a Read more
-
Judge pressures Apple to approve Fortnite or return to court
A federal judge is asking Apple to approve Fortnite’s submission on the U.S. App Store or return to court to explain the legal basis as to why it has not done so. In a new filing, U.S. District Judge Yvonne Gonzalez Rogers confirms the court has received Epic Games’ latest motion, where it demands that… Read more
-
Apple approves Spotify update so US users can buy audiobooks within the app
Spotify announced on Monday that Apple has approved a new app update, allowing iPhone users in the U.S. to purchase individual audiobooks directly within the app. Users can also view audiobook prices and easily buy additional listening hours beyond the initial 15 hours. “This change lowers the barriers for more users to embrace their first… Read more
-
Headline Asia closes $145M fund to fuel investments in Asia-Pacific
With the current economic uncertainties and geopolitical challenges, securing funding for startups in Asia has recently become more difficult. Venture capital firms have also been impacted by the downturn, leading to a decrease in the number of funds being closed. The VC market is “going through [one of its] cyclical winters marked by high interest… Read more
-
Google inks another massive solar power deal to electrify its data centers
The new deal covers solar and storage projects being developed in South Carolina by EnergyRe. Read more