Companies in fields like financial services and insurance live and die by their data — specifically, how well they can use it to understand what people and businesses […]
Startups Weekly: Clash of the AI titans, and Europe is firing on all cylinders
Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every […]
Court halts Byju’s second rights issue as $200M fundraise falters
Byju’s is having a hard time raising the full $200 million from its rights issues that its founder had previously claimed was oversubscribed, sources familiar with the matter […]
BlackRock has slashed the value of stake in Byju’s, once worth $22 billion, to zero
BlackRock, an investor in Byju’s, estimates that its stake of Indian edtech giant, once valued at $22 billion, is now worth nothing. The write-down in its estimations, disclosed […]
Revel to lay off 1,000 staff ride-hail drivers, who would rather be contractors anyway
New York-based Revel has made a lot of pivots since initially launching in 2018 as a dockless e-moped sharing service. The BlackRock-backed startup briefly stepped into the e-bike […]
Romanian startup FintechOS raises $60M to help old banks fight back against neobanks
Over the years, fintech startups, particularly neobanks, have thrown a cat among the pigeons in banking and finance by building whole new banking software stacks. But a startup […]
Ethereum heats up over key ETF decision. Here’s what you need to know.
Ethereum, the second largest cryptocurrency by market cap, is heating up in price and interest due to an upcoming ETF decision.
India weighs delaying caps on UPI market share in win for PhonePe, Google Pay
India’s mobile payments regulator is likely to extend the deadline for imposing market share caps on the popular UPI payments rail by one to two years, sources familiar […]
Fintech startup Ramp sees 32% bump in valuation, Mercury expands into consumer banking
Welcome to TechCrunch Fintech! This week, we’re looking at Ramp’s big raise and valuation jump, Mercury’s move into personal banking, Klarna’s new credit card, global funding rounds and more! […]