Fintech in Africa is a goldmine. Investors are betting big on startups offering a plethora of services from payments and lending to neobanks, remittances and cross-border transfers, and rightfully so. Each of these services solves unique sets of challenges. For cross-border payments, it’s the outrageous rates and regulatory hassles involved with completing transactions from one African […]
Monthly Archives: May 2021
Intel announces two new 11th-gen chips and a 5G M.2 laptop module at Computex
Intel kicked off this year’s virtual Computex by announcing two new 11th Gen U-Series chips for use in thin, lightweight laptops. It also unveiled its first 5G M.2 module for laptops, designed in a partnership with MediaTek (Intel sold its smartphone modem business to Apple in 2019). Both of Intel’s new chips have Intel Irix […]
Indian health insurance startup Plum raises $15.6 million in Tiger Global-led investment
The vast majority of people in India, the world’s second most populous nation, don’t have health insurance coverage. A significant portion of the population that does have coverage get it from their employers. Plum, a young startup that is making it easier and more affordable for more firms in the nation to provide insurance coverage […]
Jai Kisan, a fintech startup aimed at rural India, raises $30 million
Jai Kisan, an Indian startup that is attempting to bring financial services to rural India, where commercial banks have a single-digit penetration, said on Monday it has raised $30 million in a new financing round as it looks to scale its business. Hundreds of millions of people in India today live in rural areas. Most […]
Indian logistics giant Delhivery raises $277 million ahead of IPO
Delhivery, India’s largest independent e-commerce logistics startup, has raised $277 million in what is expected to be the final funding round before the firm files for an IPO later this year. In a regulatory filing, the Gurgaon-headquartered startup disclosed it had raised $277 million in a round led by Boston-headquartered investment firm Fidelity. Singapore’s sovereign […]
2021 Hi-Tech Awards winners
Techblog Staff. 31 May 2021, 5:10 am Fisher & Paykel Healthcare was the big winner at the 2021 New Zealand Hi-Tech Awards on Friday night, claiming the PwC Hi-Tech Company of the Year category. The Gala Dinner announcing all the winners was attended by a record crowd of 1300 including the Prime Minister and the Mayor […]
For startups, trustworthy security means going above and beyond compliance standards
Oren Yunger Contributor Oren Yunger is an investor at GGV Capital, where he leads the cybersecurity vertical and drives investments in enterprise IT, data infrastructure, and developer tools. He was previously chief information security officer at a SaaS company and a public financial institution. More posts by this contributor Winning enterprise sales teams know how […]
Amazon devices will soon automatically share your Internet with neighbors
reader comments 104 with 84 posters participating Share this story If you use Alexa, Echo, or any other Amazon device, you have only 10 days to opt out of an experiment that leaves your personal privacy and security hanging in the balance. On June 8, the merchant, Web host, and entertainment behemoth will automatically enroll […]
So, you want to democratize venture capital
A venture capitalist once told me candidly that whenever you see the phrase “democratization” in tech marketing material, think of it as a red flag. Democracy, generally speaking, often comes with an ironic caveat: It disproportionately benefits white and male participants. Now, you know me well enough to know that I wouldn’t start off your […]
Crypto sure requires a lot of fiat
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Want it in your inbox every Saturday? Sign up here. Ready? Let’s talk money, startups and spicy IPO rumors. Hello from Friday, I presume that […]