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France’s health minister Olivier Véran and digital minister Cédric O have officially announced that the French government is working on a smartphone app to slow the spread of COVID-19. The government is putting a stamp of approval on the Pan-European Privacy-Preserving Proximity Tracing (PEPP-PT) project but remains cautious about what to expect from an app. …
April 8, 2020 | by RaheelFintech startups were hot news before the COVID-19 era, but the pandemic hasn’t bumped the sector out of the headlines. Companies that were pitching optimistic news a few weeks ago are now cutting staff. Others are facing a surge of users trying to find their financial footing in the face of uncertainty. Some fintech shops …
April 8, 2020 | by RaheelThrive, founded by Twitter alumni Deepak Rao and Siddharth Batra, wants to fund student expenses by looking at job offer letters as a way to evaluate loans. Today, it launched its loan platform and is accessible to students on over 400 campuses across 31 states. The San Francisco company helps underfunded students, a group that …
April 8, 2020 | by RaheelPhos, the U.K. fintech that offers a software-only PoS so that merchants can accept payments directly on their phones without the need for additional hardware, has raised €1.3 million in funding. The round was led by New Vision 3, an early-stage VC based in Bulgaria (where a part of the Phos team is based), with …
April 8, 2020 | by RaheelMyBuddy.ai, a startup that develops virtual tools to help kids learn English, announced today that it has raised $1 million in seed funding from LETA Capital. The capital will be used to expand into new markets and develop new features including mini-classes about health. The San Francisco-based company’s app features a AI-based virtual tutor called …
April 8, 2020 | by RaheelNeat, a Hong Kong-based fintech startup, announced today that it has raised a $11 million Series A to help small businesses do cross-border trade. The round was led by Pacific Century Group, with participation from Visa and MassMutual Ventures Southeast Asia, and returning investors Dymon Asia Ventures, Linear Capital and Sagamore Investments. Neat also announced …
April 8, 2020 | by RaheelTyto Care, the provider of a home health diagnostic device and telemedicine consultation app, said it has raised $50 million in a new round of funding. The round was led by Insight Partners, Olive Tree Ventures, and Qualcomm Ventures, according to a statement, and brings the startup’s total capital raised to more than $105 million. …
April 7, 2020 | by RaheelLast valued at $5 billion, restaurant management platform Toast has joined the sweep of startups laying off employees due to the economic impact of the COVID-19 pandemic. Toast reduced the size of its staff by 50% through layoffs and furloughs, according to a blog post from Toast’s CEO, Chris Comparato. It also reduced executive pay …
April 7, 2020 | by RaheelA number of startups over the years have promised to re-invent email only to have fallen short. Even Google’s radical re-imagining, the Inbox app, finally closed up shop last year. Today, another company is announcing its plans to build a better inbox. Edison Software is preparing to launch OnMail, a new email service that lets …
April 7, 2020 | by RaheelSophie Alcorn Contributor Share on Twitter Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Dear Sophie: How …
April 7, 2020 | by Raheel