Tag: Startup

In February, Nigerian fintech startup Mono announced its acceptance into Y Combinator and, at the time, it wanted to build the Plaid for Africa. Three months later, the startup has a different mission: to power the internet economy in Africa and has closed $2 million in seed investment towards that goal. The investment comes nine…

SHENZHEN, China, May 24, 2021 /PRNewswire/ — X Financial (XYF) – Get Report (the “Company” or “we”), a leading technology-driven personal finance company in China, today announced that Mr. Shaoyong (Simon) Cheng has been appointed as the Vice Chairman of the Board of Directors and has resigned as President of the Company with effect from May…

British artificial intelligence (AI) company, Faculty has raised £30 million ($42.5M) in growth funding from the Apax Digital Fund (ADF). The startup has now raised a total of £40m ($56.6M) to date. In April this year, the company announced it had won a contract to work with the UK’s NHS to better predict its future…

Share to FacebookShare to TwitterShare to LinkedinTopline Amazon has shut down construction at an upcoming facility in Windsor, Connecticut after at least seven noose-like ropes were discovered at the site in the past month, prompting an investigation by local police with support from FBI officials in the region. Amazon has condemned the incidents and has…

Share to FacebookShare to TwitterShare to LinkedinTopline U.S. stocks plunged Wednesday morning as a sell-off in the tech sector on inflation concerns coincided with a massive drop in cryptocurrencies ahead of the release of minutes of the last Federal Reserve meeting. A worker wearing a protective mask passes in front of the New York Stock…

NEW YORK, May 21, 2021 /PRNewswire/ — The global automotive inertial measurement unit sensors market is expected to grow by USD 4.48 billion during 2021-2025. However, the growth momentum is expected to decelerate at a CAGR of over 22%. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the…

Amid an extended legal department hiring spree for newly-public Coinbase Global Inc., the fintech company has swiped a top in-house lawyer from Capital One who helped spearhead the bank’s recent investments in intellectual property.Ariana Woods spent four years at Capital One, most recently as associate general counsel and head of intellectual property. On Thursday, she…

For this morning’s edition of The Exchange, Alex Wilhelm studied information recently released by mobile gaming studio Jam City as it prepares to go public in a $1.2 billion blank-check deal with DPCM Capital. “Jam City is a bit like Zynga, but unless you are a mobile-gaming aficionado, you might not have heard of it,”…

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. Welcome to Daily Crunch for May 21, 2021. Closing out the week, bitcoin dropped sharply today on (more?) news from China about possible restrictions on cryptocurrencies more broadly. Depending on your priors,…

Chinese robotaxi startup Pony.ai has been given permission by California regulators to pilot its autonomous vehicles without a human safety driver behind the wheel in three cities. While dozens of companies — 55 in all — have active permits to test autonomous vehicles with a safety driver, it’s far less common to receive permission for…