All the reasons why you should launch a credit or debit card

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 […]

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 […]

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, […]

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 […]