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M1 Finance raises $33M Series B as it reaches $1.45B AUM

6 years 5 months ago
Today M1 Finance, a Chicago-based fintech startup focused on consumer finance, announced that it has closed a $33 million Series B. Left Lane Capital led the round, with participation from Clocktower Technology Ventures and Jump Capital. The firm has raised around $54.5 million to date. M1 Finance caught TechCrunch’s attention earlier in the year when […]

Uber shares tumble 5% as reports indicate it will lose Grubhub deal to European rival

6 years 5 months ago
Update: Just Eats Takeaway confirmed today in a release that “it is in advanced discussions with Grubhub regarding an all-share combination of Just Eat Takeaway.com with Grubhub .” More when we have it. Reports this morning indicate that Uber, the American ride-hailing giant with a global footprint, will lose out on its attempt to buy Grubhub, […]

Babylon Health admits ‘software error’ led to patient data breach

6 years 5 months ago
Babylon Health, a UK AI chatbot and telehealth startup which has been valued in excess of $2BN, has suffered an embarrassing data breach after a user of the app found he was able to access other patients’ video consultations. “Why have I got access to other patients video consultations through your app?” tweeted Rory Glover […]

The pace of startup layoffs may be slowing down

6 years 5 months ago
Startups hit the brakes in March as COVID-19 took a toll on the global economy. As certain industries ground to a halt, cohorts of startups made staffing cuts, including those focused on serving restaurants and travel. The waves of startup layoffs in the COVID-19 era hit companies large and small, impacting even the richest, most […]

MessageBird launches an ‘omni-channel’ Intercom competitor

6 years 5 months ago
Following the launch of Inbox.ai in March — its “Slack for external communications” — Amsterdam-headquartered MessageBird is continuing to place big bets on a messaging-first future. Not content with building a platform for customer service teams that lets them communicate with customers on a channel of their choosing, including all of the most popular messaging […]

Fleksy rolls out an SDK for its AI keyboard

6 years 5 months ago
The developers behind Fleksy have launched an SDK for Android and iOS to scale demand for white labelling of their AI keyboard software which bakes in privacy-safe next-word prediction. Swipe-style input (which it calls Fleksywave) is also in beta and slated to roll out soon. Fleksy competes for smartphone users’ digits with giants like Google’s Gboard […]

Flatfile scores $7.6M seed investment to simplify data onboarding

6 years 5 months ago
One of the huge challenges companies like enterprise SaaS vendors face with new customers is getting customer data into their service. It’s a problem that Flatfile founders faced first hand in their jobs, and they decided to solve it. Today, the company announced a healthy $7.6 million seed investment to expand on that vision. The […]

Tech giants must open up about the coronavirus ‘infodemic’, say EU lawmakers

6 years 5 months ago
Platforms still aren’t doing enough to tackle disinformation related to the coronavirus crisis, the European Commission said today. In a Communication it is pressing tech platforms to produce monthly reports about their efforts in this area, asking for more detailed data on actions being taken to promote authoritative content; improve users’ awareness; and limit coronavirus […]

Hear from Figma founder and CEO Dylan Field at TC Early Stage in July

6 years 5 months ago
Figma is one of the fastest-growing companies in the world of design and in the broader SaaS category. So it goes without saying that we’re absolutely thrilled to have Figma CEO Dylan Field join us at Early Stage, our virtual two-day conference on July 21 and 22, as a speaker. You can pick up a […]

NS8 raises $123M led by Lightspeed for its suite of online fraud prevention tools

6 years 5 months ago
Online fraud costs people and organizations billions of dollars each year — with one aspect alone, identity fraud, a $16.9 billion problem in 2019, says Javelin Research, and each dollar of spend online estimated to cost $3.13 in fraud recovery, according to LexisNexis Risk Solutions. Today, a startup that’s built a platform to identify and prevent […]

Direct-to-consumer startup studio Innovation Department raises $3.7M

6 years 5 months ago
Innovation Department, a startup building a portfolio of direct-to-consumer brands, is announcing that it has raised its first outside capital in a $3.7 million funding round It’s only launched one of those brands so far — WellPath, which offers customized nutritional supplements. But the next, a pet wellness brand called Finn, is scheduled to launch […]

Alibaba taps international influencers to sell more globally

6 years 5 months ago
For years, Chinese e-commerce exporters have been learning the ins and outs of ad placement on Facebook, Instagram and other mainstream social media platforms to reach customers around the world. But they recently spotted a new way to grab people’s attention, one that has never felt more familiar. Video influencers. Shopping via videos is currently […]
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