Over the previous two or three years we’ve seen an explosion of new debit and credit card products come to market from consumer and B2B fintech startups, as well as companies that we might not traditionally think of as players in the financial services industry. On the consumer side, that means companies like Venmo or […]
Monthly Archives: September 2021
Pixalate tunes into $18.1M for fraud prevention in television, mobile advertising
Pixalate raised $18.1 million in growth capital for its fraud protection, privacy and compliance analytics platform that monitors connected television and mobile advertising. Western Technology Investment and Javelin Venture Partners led the latest funding round, which brings Pixalate’s total funding to $22.7 million to date. This includes a $4.6 million Series A round raised back […]
WhatsApp faces $267M fine for breaching Europe’s GDPR
It’s been a long time coming but Facebook is finally feeling some heat from Europe’s much trumpeted data protection regime: Ireland’s Data Protection Commission (DPC) has just announced a €225 million (~$267M) for WhatsApp. The Facebook-owned messaging app has been under investigation by the Irish DPC, its lead data supervisor in the European Union, since […]
Corelight secures $75M Series D to bolster its network defense offering
Corelight, a San Francisco-based startup that claims to offer the industry’s first open network detection and response (NDR) platform, has raised $75 million in Series D investment led by Energy Impact Partners. The round — which also includes a strategic investment from Capital One Ventures, Crowdstrike Falcon Fund and Gaingels — brings Corelight’s total raised […]
Callin, David Sacks’ ‘social podcasting’ app, launches and announces a $12M Series A round
As live audio becomes more and more popular, co-founders David Sacks (former COO of PayPal and CEO of Yammer) and Axel Ericsson sought to combine social audio and podcasting into one seamless app. The resulting app Callin launches today on iOS with an announcement of $12 million in Series A funding co-led by Sequoia, Goldcrest, […]
India launches Account Aggregator to extend financial services to millions
India’s top banks five years ago built the interoperable UPI railroads and enabled over 150 million people in the South Asian market to pay digitally. Scores of firms — including local firms Paytm, PhonePe, CRED and international giants Google and Facebook — in India today support the UPI infrastructure, which is now reporting 3 billion […]
FAA opens probe into anomaly on Richard Branson’s Virgin Galactic spaceflight
The Federal Aviation Administration is looking into an anomaly on the Virgin Galactic flight that carried Richard Branson to space. In a piece discussing not just that particular flight but the company’s various safety issues throughout the years, The New Yorker explained that Virgin’s spacecraft went off-course during descent, triggering an “entry glide-cone warning.” The […]
AxleHire to scale Tortoise and URB-E zero-emissions delivery solutions nationally
Last-mile logistics supplier AxleHire provides same-day and next-day delivery through a network that includes gig economy, couriers and traditional carriers. Over the past year, it has been quietly piloting automated repositioning startup Tortoise’s remote controlled delivery robots in Los Angeles and compact container delivery service URB-E’s e-bike container delivery in New York City. On Thursday, […]
Report: India may be next in line to mandate changes to Apple’s in-app payment rules
Summer is still technically in session, but a snowball is slowly developing in the world of apps, and specifically the world of in-app payments. A report in Reuters today says that the Competition Commission of India, the country’s monopoly regulator, will soon be looking at an antitrust suit filed against Apple over how it mandates […]
Top Indian payments app PhonePe opens its data firehose to everyone
PhonePe, one of the largest digital payments services in India, on Thursday launched Pulse, a free product to offer insights into how people in the world’s second largest internet market are paying digitally. And PhonePe would know: the Flipkart-backed five-year-old startup said its insights are based on over 22 billion transactions it has processed over […]