Business News

Revolut now has a million customers for its banking alternative

Startup News - 2017, November 24 - 4:01pm
 Fintech startup Revolut has reached a big milestone. The company now has over a million customers across Europe two years and a half after launch. The company says that customers have saved $160 million in foreign exchange fees compared to a traditional bank account (£120 million). The startup tries to match the interbank rates as much as possible and charges 0.5 percent on your transaction… Read More
Categories: Business News

Putting the “AI” in ThAInksgiving

Startup News - 2017, November 24 - 12:15am
 Welcome to Thanksgiving table talk circa 2017. It’s true that AI and machine learning are changing the world, and in a few years, it will be embedded in all of the technology in our lives. So maybe it makes sense to help folks at home better understand machine learning. After all, without deep knowledge of current tech, autonomous vehicles seem dangerous, Skynet is coming, and the… Read More
Categories: Business News

Let’s talk about commercial drones at TechCrunch Disrupt Berlin

Startup News - 2017, November 23 - 8:19pm
 Everyone loves drones, including companies with very specific needs. Drones once were the hot new thing and the perfect birthday gift. But drone makers are now realizing that there’s a bigger opportunity with commercial use cases, from farming to inspection. That’s why we’re excited to announce that three founders of three amazing companies in the drone industry will join us… Read More
Categories: Business News

Mobile payment and loyalty platform Yoyo Wallet integrates with Starling Bank

Startup News - 2017, November 23 - 7:13pm
 In another example of Starling Bank jumping on the Open Banking/PSD2 train before legislation in the U.K. and Europe next year will force banks to do so, it is launching its latest API partnership: this time with Yoyo Wallet, the U.K.-based mobile payment and loyalty platform. Read More
Categories: Business News

Indian home healthcare platform Portea Medical raises $26M Series C

Startup News - 2017, November 23 - 2:36pm
 Portea Medical, one of India’s biggest platforms for home healthcare visits, has raised $26 million in Series C funding to expand its service range. The round was led by Sabre Partners and MEMG CDC, with participation from returning investors Accel (which led Portea’s Series B two years ago), the World Bank Group’s International Finance Corporation and Qualcomm Ventures. Read More
Categories: Business News

Snips lets you build your own voice assistant to embed into your devices

Startup News - 2017, November 23 - 2:59am
 French startup Snips is now helping you build a custom voice assistant for your device. Snips doesn’t use Amazon’s Alexa Voice Service or Google Assistant SDK — the company is building its own voice assistant so that you can embed it on your devices. And the best part is that it doesn’t send anything to the cloud as it works offline. If you want to understand how a… Read More
Categories: Business News

Minted rolls out an on-demand photography service for around $100 per session

Startup News - 2017, November 23 - 2:00am
 When you go through a big life event — say a milestone birthday for a parent or a wedding — there are probably going to be a lot of mini-events that happen before and after the big one. But you might not think to hire a professional photographer for them and stick with a couple phone cameras because it can be tough to find those photographers. So Minted, a company that’s… Read More
Categories: Business News

PacketZoom lands $5M Series A investment to speed up mobile apps

Startup News - 2017, November 22 - 9:53pm
 PacketZoom, a startup that helps app developers speed up and optimize app delivery on mobile devices, announced a $5M Series A today. The round was led by Baseline Ventures with participation from First Round Capital, Tandem Capital and Arafura Ventures. Today’s investment brings the total raised to over $9M, according to Crunchbase. The company combines a content delivery network (CDN)… Read More
Categories: Business News

AppLovin scraps acquisition and takes debt financing instead

Startup News - 2017, November 22 - 10:57am
 The story of AppLovin‘s acquisition has taken another turn. We first reported that the mobile ad startup was in acquisition talks in August of last year, and the announcement came a month later: AppLovin would sell a majority stake Chinese private equity firm Orient Hontai Capital. Today, however, CEO Adam Foroughi revealed that the deal is (sort of) off. Instead of an outright… Read More
Categories: Business News

Apple acquired augmented reality headset startup Vrvana for $30M

Startup News - 2017, November 22 - 8:14am
 As Apple reportedly ramps up work to ship an augmented reality headset in 2020, it has acquired a startup from Montreal, Canada that could help it get there. TechCrunch has learned that Apple has acquired Vrvana, maker of the Totem headset — which had rave reviews but never shipped. The deal was for around $30 million, two sources tell TechCrunch. We contacted Apple, and the… Read More
Categories: Business News

ADAY aims to simplify your wardrobe with $2M in funding

Startup News - 2017, November 22 - 4:34am
 ADAY, a fresh entrant in the highly competitive world of direct-to-consumer fashion, has raised $2 million in new funding for its mission to simplify wardrobes with a line of durable, technical and chic womenswear. The company is the latest in an ever-expanding movement of startups that offer direct-to-consumer products for the fashion-conscious consumer. Read More
Categories: Business News

Raden is betting sticker mania will stick in the physical world

Startup News - 2017, November 22 - 3:56am
 While smart suitcase startup Raden is inarguably a hardware company, they’ve decided to test the social waters by diving headfirst into the world of stickers. The company is launching a sticker store in their mobile app, which lets customers order physical stickers that once delivered can be can be affixed to their suitcases. The app lets you preview what the stickers will look like on… Read More
Categories: Business News

Shadow upgrades its cloud computer for gamers and opens signups to everyone

Startup News - 2017, November 22 - 2:57am
 French startup Blade, the company behind Shadow, announced at a press conference that it is launching new offers, updating specifications and the ability to become a client and buy a subscription without any waiting list. Shadow is a gaming PC in the cloud for a monthly fee. The company has been running thousands of computers with an Intel Xeon processor and an Nvidia GTX 1070 in a data… Read More
Categories: Business News

Teeth straightening startup Candid raises $15 million from Greycroft, Bessemer and others

Startup News - 2017, November 22 - 2:30am
 Candid, the dental startup that aims to straighten your teeth for less than the cost of braces and Invisalign, recently raised a $15 million Series A round led by Greycroft Partners, Bessemer Venture Partners, e.ventures and some existing investors. The plan is to use the funding to beef up Candid’s operations and grow its customer base, the company said in a press release. Read More
Categories: Business News

Company raises $347K ICO, vanishes

Startup News - 2017, November 22 - 1:30am
 A company called Confido raised a small ICO by selling special CFD designed to allow “safe and trustless cryptocurrency payments. According to ICODrops they raised their goal of about $400,000 and quickly disappeared, taking the cash with it. The site is currently a parked web server that points to nothing. The apparent founder and former eBay employee, Joost van Doorn, posted a message to… Read More
Categories: Business News

Instagram co-founder Kevin Systrom has backed the U.K. challenger bank Monzo

Startup News - 2017, November 22 - 12:25am
 Monzo, one of a number of “challenger” banks in the U.K. aiming to re-invent the current account, is assembling quite an array of backers, many with a U.S. bent. Its most recent round, which gave the startup a £280 million post-money valuation, saw the likes of Goodwater Capital, Stripe, and Michael Moritz invest, and before that Thrive Capital became a backer. Now TechCrunch… Read More
Categories: Business News

Sonos One users can now ask Alexa to play Spotify music

Startup News - 2017, November 22 - 12:01am
 In October, Sonos launched the Sonos One, raising the bar on what is already the gold standard in wireless whole-home audio. The big new feature? An integrated microphone that added support for Amazon’s Alexa. However, there was one big caveat: While Alexa was integrated to control music services like Apple Music, Google Play Music, Soundcloud and others, it was missing a major player in… Read More
Categories: Business News

With Dabbl, you can earn gift cards for interacting with ads

Startup News - 2017, November 21 - 11:18pm
 Dabbl is giving users a straightforward reason to interact with ads — the ads earn them money in the form of gift cards. For example, when I signed up for Dabbl this morning, I was presented with a menu of several different campaigns. The first one that I chose was from Oreo, where I answered a bunch of questions about how I feel and what I know about Oreo products. The whole thing… Read More
Categories: Business News

Shujaa Delivery aims to compete with Aramax, DHL and others

Startup News - 2017, November 21 - 7:29am
On-demand delivery is a coveted service in traffic-congested Nairobi. Enter Shujaa Delivery, a Nairobi-based door-to-door delivery and courier service for businesses that uses motorcycles instead of cars. Read More
Categories: Business News

Scrivener writing app gets a huge update

Startup News - 2017, November 21 - 4:00am
 As ancient as the art of writing is, there is a bit of a shortage when it comes to truly excellent writing applications. Scrivener is one of the few, and today, the app has gotten a major update. Scrivener works for both professional writers and hobbyists, giving an assortment of options for whatever kind of writing suits you, from screenwriting to novels and beyond. The app also offers a… Read More
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