What’s more rewarding for an angel investor than paper returns in a startup? An acquisition that turns those paper returns into a cash payout while still maintaining shares in the company. “The return after dilution was eight times my investment,” said Selma Ribica in an interview with TechCrunch recently. “I kept some stock of the […]
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Finom, a European challenger bank aimed at SMEs and freelancers, has raised €50 million ($54 million) in a Series B equity round of funding. Founded out of the Netherlands in 2019, Finom lets businesses open up an online bank account in minutes and receive an IBAN (International Bank Account Number) to support cross-border transactions. On […]
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FCC Commissioner Brendan Carr said Monday that the agency should investigate Apple over the company’s decision to block the Beeper Mini service, which worked on bringing iMessage to Android. Pebble founder Eric Migicovsky’s Beeper launched a new service called Beeper Mini in December, which claimed to have reverse-engineered the iMessage stack to make it work on […]
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India is facing a quandary in enforcing long-delayed rules to curb the dominance of PhonePe and Google Pay in the country’s booming digital UPI payments market. The National Payments Corporation of India (NPCI), a special unit of the central bank, wants to cap market share of any player at 30% in the Unified Payments Interface […]
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Bob W, a marketplace for premium short-term apartment rentals, has raised €40 million ($43 million) in a Series B round of funding. Founded out of Finland in 2018, Bob W touts itself as a “tech-enabled hospitality operator,” with some 3,000 “aparthotels” offered for rent in 17 cities across Europe including Amsterdam, Athens, London, Berlin, Madrid, […]
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Macquarie dramatically cut its 12-month price target on One97 Communications Ltd., the parent company of digital payments firm Paytm, citing heightened regulatory scrutiny. Macquarie, which predicted the slump at Paytm before the listing, lowered its target to 275 rupees, the most brutal by any major brokerage firm. Paytm, which ended the Monday trading session at […]
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President Joe Biden’s reelection campaign has finally set up shop on TikTok. Despite controversy in Congress over the app, TikTok is an indispensable tool for presidential candidates to reach young voters, experts say. “I wasn’t surprised at all to see that the campaign launched a TikTok account, because it would genuinely have been such a […]
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Hello and welcome back to TechCrunch Space. We're just two days away from Intuitive Machines' first-ever mission to the moon.
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A consumer-grade spyware operation called TheTruthSpy poses an ongoing security and privacy risk to thousands of people whose Android devices are unknowingly compromised with its mobile surveillance apps, not least due to a simple security flaw that its operators never fixed. Now, two hacking groups have independently found the flaw that allows the mass access […]
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The National Transportation Safety Board, a U.S. government agency that investigates crashes, has ordered the Dawn Project organization to stop using its seal after it appeared in a Super Bowl ad that called for consumers to boycott Tesla. The NTSB said in a letter that its seal must be immediately removed from the Dawn Project’s […]
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A user on the Twitter/X alternative Spoutible claims the company deleted their posts after they pushed Spoutible CEO Christopher Bouzy to be more honest about the nature of its recent security issue. The claims, which the company denies, are the latest bizarre twist in the security incident saga taking place over the past week at […]
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Bugcrowd — the startup that taps into a database of half a million hackers to help organizations like OpenAI and the U.S. government set up and run bug bounty programs, cash rewards to freelancers who can identify bugs and vulnerabilities in their code — has picked up a big cash award of its own to […]
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