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Fintech startup Revolut has expanded its open banking feature to Ireland. The feature first launched in the U.K. back in February. Once again, the startup is partnering with TrueLayer to let you add third-party bank accounts to your Revolut account. The feature launch also marks the launch of TrueLayer in Ireland. For now, Revolut users …
June 16, 2020 | by RaheelIn a conference call on Monday lasting under six minutes, T-Mobile vice president James Kirby told hundreds of Sprint employees that their services were no longer needed. He declined to answer his employees’ questions, citing the “personal” nature of employee feedback, and ended the call. TechCrunch obtained leaked audio of that call, which was said …
June 16, 2020 | by RaheelApple’s App Store faces antitrust scrutiny, a private space company plans to install a satellite for lunar communication and Boston Dynamics expands availability of its iconic Spot robot. Here’s your Daily Crunch for June 16, 2020. 1. Apple Pay and iOS App Store under formal antitrust probe in Europe The European Commission confirmed that it’s …
June 16, 2020 | by RaheelSquare acquired Verse, a Spanish peer-to-peer payment app that works across Europe. Terms of the deal are undisclosed. According to Crunchbase, Verse had raised $37.6 million from Spark Capital, eVentures, Greycroft Partners and others. Square has attracted a ton of users with Cash App, its peer-to-peer payment app that lets you easily send and receive …
June 16, 2020 | by RaheelMonzo, the U.K. challenger bank with more than 4 million customers, has confirmed it has closed £60 million in top-up funding. Backing the round are existing investors Y Combinator, General Catalyst, Accel, Stripe, Goodwater, Orange, Thrive and Passion Capital, along with new investors Reference Capital and Vanderbilt University. One of fintech’s worst-kept secrets, the down …
June 16, 2020 | by RaheelApple is under formal investigation by antitrust regulators in European Union — following a number of complaints related to how it operates the iOS App Store and also its payment offering, Apple Pay. The Commission said today that it has concerns that conditions and restrictions applied by the tech giant may be distorting competition in …
June 16, 2020 | by RaheelOver the past few months, Yelp has been taking steps to help businesses reeling from the impact of the coronavirus pandemic — things like waived fees, virtual service listings and GoFundMe fundraisers (that last one had a mixed reception). But without getting into the question of whether the United States is reopening at the right …
June 16, 2020 | by RaheelFinland-based Swappie has closed a €35.8 million ($40.6M) Series B to expand into new markets in Europe. The ecommerce business refurbishes and resells used iPhones, taking care of the entire process from testing and repairing used handsets, to selling the refurbished devices via its own marketplace, with a 12-month warranty. Local VC and private equity …
June 16, 2020 | by RaheelSoftBank Group confirmed today it is considering selling its T-Mobile U.S. shares. Bloomberg reported last month that SoftBank was nearing an agreement to sell about $20 billion of its T-Mobile U.S. shares to investors, including Deutsche Telekom, T-Mobile’s controlling shareholder, in an effort to offset major losses from its investment business, including the Vision Fund. …
June 16, 2020 | by RaheelWhatsApp is adding support for in-app payments, Apple is upgrading the MacBook Pro and Mac Pro desktop and we argue about the future of startup hubs. Here’s your Daily Crunch for June 15, 2020. 1. WhatsApp finally launches payments, starting in Brazil After months of talks and trials, WhatsApp has finally pulled the trigger on …
June 15, 2020 | by Raheel