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Tag Archives: TechCrunch
Ghanaian fintech Affinity bags $8M to scale digital banking in a mobile money-driven market
Africa’s top digital banking platforms typically come from high-growth, populous markets like Nigeria, South Africa, and Egypt. But Affinity Africa, an upstart from Ghana, wants to join the conversation. The startup has raised $8 million in seed funding to expand … Continue reading
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Instagram is introducing teen accounts with new safety features in India
Instagram said Tuesday that the platform is introducing its teen accounts feature, which has extra protective measures for safety for users in India, one of its biggest markets with over 350 million users. The company introduced Teen Accounts last year … Continue reading
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EU looks to the private sector to help fund ‘AI Gigafactories’, eyeing the frontier AI race
The European Union is courting the private sector as it looks to step up compute capacity for training large AI models. Giving a speech at the AI Action Summit in Paris on Monday, the EU’s president, Ursula von der Leyen, … Continue reading
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QED leads $11M investment in Nigerian fintech Raenest
As Africa’s tech ecosystem booms, more people from the region are landing remote jobs with big tech firms and global startups. But getting paid remains a challenge for many of these freelancers and remote workers — they struggle to open … Continue reading
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Two senior partners are leaving Peak XV amid strategy shift
Two senior partners are leaving Peak XV, the largest India-focused venture capital firm, four sources familiar with the matter told TechCrunch. Shailesh Lakhani, a 17-year veteran of the firm, and Abheek Anand, who co-led Southeast Asian investments, are departing, said … Continue reading
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Google changed the Gulf of Mexico to the Gulf of America on Maps
Google Maps officially updated the name of the Gulf of Mexico to the Gulf of America on Monday. Among many other executive orders, President Donald Trump decreed on the day of his inauguration that the Gulf of Mexico would be … Continue reading
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Zeta valued at $2B in new funding
Zeta, a provider of banking software to banks and fintech startups, has raised $50 million from a strategic investor at a $2 billion valuation. The new investment from American healthcare company Optum marks a 70% increase in the Bengaluru-based startup’s … Continue reading
Apple and Google take down malicious mobile apps from their app stores
Apple and Google have pulled as many as 20 apps from their respective apps for carrying a data-stealing malware. © 2024 TechCrunch. All rights reserved. For personal use only.
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Plaid working with Goldman Sachs on raising $300M to $400M in tender offer
Plaid, a company that connects bank accounts to financial applications, is working with Goldman Sachs on a deal to allow early-stage investors and employees to sell existing shares, which will raise between $300 million and $400 million, Bloomberg reported, citing … Continue reading
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These are the investors funding Musk’s $97 billion OpenAI take over attempt
As if Elon Musk doesn’t have enough going on, a consortium of investors led by him announced plans Monday for what appears to be a hostile takeover of OpenAI. The investor group offered nearly $97.4 billion to buy all of … Continue reading
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