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As Facebook explores ways to generate revenue from WhatsApp, the company is now turning to a startup that already has a lead. The social juggernaut said today it has invested in social-commerce startup Meesho in what is the first time the firm takes equity in an Indian startup. Neither Facebook nor Meesho, which prior to …
June 13, 2019 | by RaheelFrench startup Lifen is raising a $22.7 million (€20 million) funding round. Partech is leading the round with Idinvest Partners and Majycc eSanté Invest also participating. Existing investors Serena and Daphni are also investing again. Most of the healthcare industry in France still relies on good old physical letters with stamps and everything. Lifen wants …
June 13, 2019 | by RaheelCurve, the London fintech that now describes itself an “over-the-top banking platform,” is unveiling a re-vamped cashback feature in a bid to draw in more customers for the premium versions of its Curve card. The company lets you consolidate all of your bank cards into a single Curve card and app to make it easier …
June 13, 2019 | by RaheelFintech startup Revolut is expanding beyond Europe for the first time. The service is going live for some users in Australia starting today. Revolut isn’t opening its doors to all customers at once. The company calls this a beta release and plans to gradually on-board new users every day. There are currently 20,000 people on …
June 13, 2019 | by RaheelFintech startup N26 just issued an update on its main metrics. The bank now has 3.5 million customers across 24 European markets. The company is about to expand to new countries, such as the U.S. and Brazil but it sounds like the company is not ready just yet. In addition to the Eurozone, N26 is …
June 13, 2019 | by RaheelAsk any venture capitalist about the most important ingredient to success in startups, and they’ll tell you it’s founders who can persuade not only investors to part with their capital but, more importantly, who can convince people to leave what are often more stable jobs in order to help build their companies. Ryan Cohen certainly …
June 13, 2019 | by RaheelFlyCleaners, a New York startup offering on-demand laundry pickup and delivery, has laid off “a large number” of its employees, co-founder and CEO David Salama told TechCrunch. This confirms a story earlier this week in Crain’s New York reporting that FlyCleaners filed a notification with the Department of Labor outlining plans to close its Long …
June 12, 2019 | by RaheelCanadian startup program Creative Destruction Lab (CDL) escapes succinct description in some ways — it’s an accelerator, to be sure, and an incubator. Startups show up and present to a combined audience of investors, mentors, industry players (some of whom, like former astronaut Chris Hadfield, verge on celebrity status) — but it’s not a demo …
June 12, 2019 | by RaheelSeven months ago, TechCrunch’s Steve O’Hear reported that LocalGlobe had begun the fundraising process for two separate funds. The London-based seed-stage venture firm was raising yet another seed-stage venture fund, O’Hear said at the time; he also noted that LocalGlobe was also expect to raise its first opportunities fund. Fast-forward and today, the firm, founded …
June 12, 2019 | by RaheelThe quest to create a social auditorium in virtual reality has eaten many VC dollars over the years. While plenty of contenders have emerged, it’s likely Against Gravity’s<a href=”https://rec.net/”> Rec Room has been the most creative in its approach to capturing a niche market while plotting how to build a sustainable business based on users …
June 12, 2019 | by Raheel