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Truebill raises $45 million for its personal finance app

5 years 4 months ago
Personal finance startup Truebill has raised a $45 million Series D funding round led by Accel. This comes just a few months after the company raised a $17 million Series C. Overall, the startup has raised $85 million since its creation. Existing investors Bessemer Venture Partners, Cota Capital and Eldridge Industries are also participating in […]
Romain Dillet

Belvo, LatAm’s answer to Plaid, raises $43M to scale its API for financial services

5 years 4 months ago
Belvo, a Latin American startup which has built an open finance API platform, announced today it has raised $43 million in a Series A round of funding. A mix of Silicon Valley and Latin American-based VC firms and angels participated in the financing, including Future Positive, Kibo Ventures, FJ Labs, Kaszek, MAYA Capital, Venture Friends, […]
Mary Ann Azevedo

Brazil’s idwall raises $38M for identity validation platform

5 years 4 months ago
Online fraud and identity theft is a global problem that has only been exacerbated with increased online transactions amid the COVID-19 pandemic. In particular, it is estimated that Brazilian companies lose over $41 billion due to fraud every year. In an attempt to tackle this problem head on, Lincoln Ando and Raphael Melo started idwall […]
Mary Ann Azevedo

Gokada to launch ride-hailing service in two Nigerian cities as part of super app plans

5 years 4 months ago
When two of Indonesia’s biggest companies — ride-hailing company Gojek and e-commerce marketplace Tokopedia — joined forces as GoTo Group last month, a key highlight from the merger was that the last-mile delivery space is still a huge global trend. In Nigeria, the e-commerce and last-mile delivery market is projected to be worth over $20 […]
Tage Kene-Okafor

Line launches digital banking platform in Indonesia

5 years 4 months ago
Line Corporation, best known for its messaging app, launched a digital banking platform in Indonesia today. This means Japan-based Line Corp. now offers banking services in three of its biggest overseas markets: Indonesia, Thailand and Taiwan. Line Corp.’s Indonesian banking platform is the result of a partnership the company struck in 2018 with PT Bank […]
Catherine Shu

Freight forwarder Sennder raises $80M at a $1B+ valuation

5 years 4 months ago
Freight forwarding — the process of organising how and where items will be shipped around the world, and specifically the technology that underpins that work — continues to be a huge area of the logistics market, not least because of the huge boom in e-commerce in the last year, and because of the Covid-19-mandated need […]
Ingrid Lunden

Malt raises $97M at a $489M valuation for its freelance marketplace for developers

5 years 4 months ago
The world of professional services has long relied on contractors to fill in for assignments and projects that might not be a part of the course of daily work, but are essential work nonetheless. Today, a startup that’s built a marketplace to make it easier for freelance developers, designers and others with technical skills with […]
Ingrid Lunden

European insurtech startup Wefox grabs $650 million at $3 billion valuation

5 years 4 months ago
German startup Wefox has raised a $650 million Series C funding round led by Target Global. Following this funding round, the company has reached a post-money valuation of $3 billion. Wefox is a digital insurer focused on personal insurance products, such as household insurance, motor insurance and personal liability insurance. “It’s much more than we […]
Romain Dillet

Singapore-based D2C dental brand Zenyum raises $40M Series B from L Catterton, Sequoia India and other investors

5 years 4 months ago
Zenyum, a startup that wants to make cosmetic dentistry more affordable, announced today it has raised a $40 million Series B. This includes $25 million from L Catterton, a private equity firm focused on consumer brands. The round’s other participants were Sequoia Capital India (Zenyum is an alum of its Surge accelerator program), RTP Global, […]
Catherine Shu

June makes product analytics more accessible

5 years 4 months ago
Meet June, a new startup that wants to make it easier to create analytics dashboards and generate reports even if you’re not a product analytics expert. June is built on top of your Segment data. Like many no-code startups, it uses templates and a graphical interface so that non-technical profiles can start using it. “What […]
Romain Dillet

SpaceX’s first ocean spaceport is being built and will host launches next year

5 years 4 months ago
SpaceX is already underway on building its first floating spaceport platform, and the plan is for it to start hosting launches as early as next year. SpaceX CEO Elon Musk shared those details on the progress of its build for Deimos, one of two converted oil rigs that SpaceX purchased earlier this year in order […]
Darrell Etherington

Tencent helps Chinese students skip prohibitively low speeds for school websites overseas

5 years 4 months ago
Hundreds of thousands of Chinese students enrolled in overseas schools are stranded as the COVID-19 pandemic continues to disrupt life and airlines worldwide. Learning at home in China, they all face one challenge: Their school websites and other academic resources load excruciatingly slowly because all web traffic has to pass through the country’s censorship apparatus […]
Rita Liao

Video e-learning platform for MENA, Almentor, closes $6.5M Series B led by Partech

5 years 4 months ago
There are more than 400 million Arabic speakers globally and that number isn’t slowing down anytime soon. Arabic, to most people, is a tough language even to those who speak it. According to Duolingo, someone fluent in Egyptian Arabic might not fully understand Yemeni Arabic speakers because of the vast difference in dialect. While individuals […]
Tage Kene-Okafor

By working with home entrepreneurs, Jakarta-based DishServe is creating an even more asset-light version of cloud kitchens

5 years 4 months ago
Cloud kitchens are already meant to reduce the burden of infrastructure on food and beverage brands by providing them with centralized facilities to prepare meals for delivery. This means the responsibility falls on cloud kitchen operators to make sure they have enough locations to meet demand from F&B clients, while ensuring fast deliveries to end […]
Catherine Shu

Europe’s cookie consent reckoning is coming

5 years 4 months ago
Cookie pop-ups getting you down? Complaints that the web is ‘unusable’ in Europe because of frustrating and confusing ‘data choices’ notifications that get in the way of what you’re trying to do online certainly aren’t hard to find. What is hard to find is the ‘reject all’ button that lets you opt out of non-essential […]
Natasha Lomas

SVB-led $100M investment makes Chipper Cash Africa’s ‘most valuable startup’

5 years 4 months ago
Fintech in Africa is a goldmine. Investors are betting big on startups offering a plethora of services from payments and lending to neobanks, remittances and cross-border transfers, and rightfully so. Each of these services solves unique sets of challenges. For cross-border payments, it’s the outrageous rates and regulatory hassles involved with completing transactions from one African […]
Tage Kene-Okafor

Intel announces two new 11th-gen chips and a 5G M.2 laptop module at Computex

5 years 4 months ago
Intel kicked off this year’s virtual Computex by announcing two new 11th Gen U-Series chips for use in thin, lightweight laptops. It also unveiled its first 5G M.2 module for laptops, designed in a partnership with MediaTek (Intel sold its smartphone modem business to Apple in 2019). Both of Intel’s new chips have Intel Irix […]
Catherine Shu
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