For a brief moment, earlier this week, it seemed as though Pittsburgh might be the center of the tech universe. Just as Carnegie Mellon alum Duolingo was announcing its IPO. Senators Bob Casey and Pat Toomey were in town, as Vice President Kamala Harris paid a visit to the City of Bridges to talk infrastructure.…
Tiger Global is in advanced stages of talks to back Indian embedded finance startup Yap, according to more than half a dozen people familiar with the matter. The New York-headquartered firm is in talks to lead a $35 million financing round in Yap — also known as YapPay and M2P — that values the Bangalore-headquartered…
Karin Tsai joined Duolingo in 2012 and is now the director of engineering. Yesterday, at TechCrunch’s City Spotlight: Pittsburgh, she spoke on the company’s extensive development process and unique culture. This interview was pre-recorded and aired a day after the company filed its SEC Form S-1 ahead of its initial public offering. As per SEC…
This morning Codat, a startup that provides APIs to link small-business fintech data to external services, announced that it has closed a $40 million round led by Tiger Global. The company raised $10 million in a Series A around a year ago that Index led; Codat also raised some strategic capital in the interim, but…
India-based technology startup Salesken.ai has secured an exposed server that was spilling private and sensitive data on one of its customers, Byju’s, an education technology giant and India’s most valuable startup. The server was left unprotected since at least June 14, according to historical data provided by Shodan, a search engine for exposed devices and…
IDnow, a German-based identity verification startup is acquiring ARIADNEXT, a French equivalent, specializing in remote identity verification and digital identity creation. A price was not released by either party but TechCrunch understands from sources that the deal was approximately $59 million / €50 million. Sources say IDnow is looking to do similar acquisitions. IDnow says…
It is no secret that healthcare in Nigeria and most parts of Africa is not easily available and a lot of work needs to be done in that regard. However, there are instances where accessibility is taken for granted. Take for instance Nigeria where a majority of the population with some form of healthcare access…
London-based insurtech hyperexponential (“hx”) – which has a mathematical modeling software for the commercial insurance sector – has closed an $18m funding round led by growth capital fund Highland Europe. Hxsays it helps companies build, deploy and update their insurance pricing models faster, via a SaaS platform called Renew which is aimed at actuaries, data-scientists…
Family offices have existed since the 1800s, but they’ve never been so manifold as in recent years. According to a 2019 Global Family Office Report by UBS and Campden Wealth, 68% of the 360 family offices surveyed were founded in 2000 or later. Their rise owes to numerous factors, including the tech startups that mint…
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for Monday, June 28. How much time did you spend on your phone this weekend? Too much? Not a lot? According to recent data on consumer…
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