Where top VCs are investing in fintech

Where top VCs are investing in fintech

Over the past several years, ‘fintech’ has quietly become the unsung darling of venture. A rapidly swelling pool of new startups is taking aim at the large incumbent institutions, complex processes and outdated unfriendly interfaces that mar billion dollar financial services verticals, such as insurtech, consumer lending, personal finance, or Read more…

Slack investor Index Ventures backs Slack competitor Quill

Slack investor Index Ventures backs Slack competitor Quill

Slack created a new solution for workplace communication, one copied by many, even Microsoft. But the product, which is meant to help individuals and businesses collaborate, has been critiqued for sending too many notifications, with some claiming it’s sabotaged workplace productivity. Quill, a startup led by Ludwig Pettersson, Stripe’s former Read more…

Sydney’s AirTree Ventures closes $275M fund as Aussie unicorns gather pace

Sydney’s AirTree Ventures closes $275M fund as Aussie unicorns gather pace

The Australian scene industry has, in the last few years, started to generate a swathe of startups that have broken through internationally. Prior to this current era, Australia was scene has very much a local market in tech terms, with only occasional breakouts, like Atlassian . In fact, it’s now Read more…

All Raise expands to new geos, launches ‘VC Cohorts’

Startups Weekly: The unicorn from down under, an Uber TV show and All Raise’s expansion

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy news pertaining to startups and venture capital. Before I jump into today’s topic, let’s catch up a bit. Last week, I wrote about Revel, a recent graduate of Y Combinator that’s raised a small Read more…

Audius Music Streaming

Meet SoundCloud rival Audius, free & anti-takedowns

“It was SoundCloud’s opportunity to lose and now it’s ours” says Audius CEO Roneil Rumberg. Plenty of musicians and fans are sick of SoundCloud’s expensive hosting costs, haphazard content takedowns, and lagging user experience as the site’s status withers. Audius wants to be the opposite, and offer a new home Read more…

Fundbox raises $176 million Series C to build ‘Visa’ for B2B payments

Fundbox raises $176 million Series C to build ‘Visa’ for B2B payments

Credit cards have become all but ubiquitous for consumer transactions, and it isn’t hard to see why. By intermediating payments, networks like Visa allow buyers and sellers to exchange money for goods and services without knowing the financial risk profile of the counter-party. Rather than applying for credit at every Read more…

GC Niko Bonatsos

Meet with General Catalyst investors in September

TechCrunch will partner with General Catalyst for Include Office Hours on September 4th from 1:30pm – 3:30pm. Partners Niko Bonatsos and Kyle Doherty will meet with underrepresented and underserved entrepreneurs to provide key feedback and advice. Founders, apply here! Founded in 2014, TechCrunch launched the Include Program in an effort Read more…

V LogoBlack@3x

India’s 9-month-old CRED raises $120M to help people improve their financial behavior

Many Silicon Valley companies and fintech startups in India today share a common mission: They all want to bring their financial services to the next billion users. Dozens of fintech startups that we have spoken to in recent months have told us that they all want to address much of Read more…

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Splunk acquires cloud monitoring service SignalFx for $1.05B

Splunk, the publicly traded data processing and analytics company, today announced that it has acquired SignalFx for a total price of about $1.05 billion. Approximately 60 percent of this will be in cash and 40 percent in Splunk common stock. SignalFx, which emerged from stealth in 2015, provides real-time cloud Read more…