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Open has acquired consumer neo-banking startup Finin for $10 million as the Bangalore-based, Google-backed business-focused neobanking platform looks to broaden its offerings and deepen relationships with banks.The deal involves both cash and stock, the two said. Launched in 2019, Finin is...

In recent years, enterprise software companies have grown faster, and more valuable, than ever. Still, most startups never reach that kind of escape velocity, with many of plodding along while their venture backers — who are returning to market more quickly and raising bigger funds — move on to...

Breakout Ventures, a San Francisco-based seed-stage venture firm that funds what it calls creative biosciences startups, has closed the second fund in its five-year history with $112.5 million in capital commitments.Both of its funds, including a $60 million debut effort that we wrote about in...

Tim Berners-Lee’s startup, Inrupt, has raised about $30 million in its Series A financing round, a source familiar with the matter said.Forte Ventures led Inrupt’s new round, the two said Thursday, but both declined to disclose the size of the deal. The round saw participation from “all...

Corporate spend and cash management company Rho today announced that it has raised a $75 million Series B funding round led by Dragoneer Investment Group. Participants included existing investors Inspired Capital, M13 and Torch Capital, as well as new investors such as DFJ Growth.This adds up...

The Kenyan fintech Kwara was launched in 2019 to help credit unions (savings and credit cooperatives societies, SACCOs) in the East African country shift to digital platforms by providing them with its proprietary Back-end-as-a-service (BaaS) software.The startup’s trajectory has been steep...

Byju’s has acquired Austria-headquartered GeoGebra, the latest in a series of purchases by the Indian edtech giant this year as it scales its online learning platform across the globe.Neither of the firms disclosed the purchase price, but a source familiar with the matter said the deal size is...

Jin Stedge studied aerospace engineering at MIT, but after she found herself at Scotty Labs, an SRI International spin-out focused on autonomous driving, she says she came to appreciate how far away the tech is from large-scale adoption.Indeed, when Scotty was acquired by DoorDash in the...

Kate Park / TechCrunch: Indonesian startup Flip, which aims to streamline interbank money transfers, raises a $48M Series B, bringing its total funding to $65 million — Flip, an Indonesia-based fintech startup, announced today it has raised $48 million in a Series B to accelerate its growth.

Just a few weeks after announcing stock and crypto trading, French fintech startup Lydia is announcing that it has raised a $100 million Series C round. With this funding round, the startup has reached a unicorn valuation, which means that it is currently valued at more than $1 billion...

Google is suing two Russian individuals it claims are behind a sophisticated botnet operation that has silently infiltrated more than 1 million Windows machines worldwide.In a complaint filed in the US District Court for the Southern District of New York, Google names Russian nationals Dmitry...

When it comes to scaling online communities, Platzi CEO Freddy Vega thinks that edtech can take a few notes from the video game industry.League of Legends, for example, doesn’t require players to come to its universe art at a certain time and certain place; instead it lets players naturally...

The Guardian: The EU has spent hundreds of million euros over the past decade on tech, including drones and sensor systems, to track down refugees at its borders — We map out the rising number of high-tech surveillance and deterrent systems facing asylum seekers along EU borders

Sense, an HR tech startup that helps some of the world’s largest staffing and recruitment agencies timely find and hire talent, has grown its valuation to $500 million in a new financing round, a person familiar with the matter told TechCrunch.The San Francisco-headquartered startup has raised...

Religion-based apps, tools and communities aren’t brand new, including to investors. Pray.com, for example, an LA-based app for daily prayer and bedtime Bible stories that was founded in 2016, has raised at least $34 million from investors, including Kleiner Perkins. Ministry Brands, a...

Swiggy, India’s top food-delivery startup, will invest $700 million in its express grocery delivery service Instamart, significantly intensifying the competition for quick commerce in the world’s second largest market.The SoftBank-backed startup, which launched Instamart in two Indian cities...

Less than 20% of India’s 1.3 billion people speak English. But LinkedIn, the largest professional social network globally, has so far catered only to this sliver of the population in the world’s second largest internet market. On Thursday, the Microsoft-owned service said it’s beginning to...

Dating app giant Match has settled its lawsuit with a group of Tinder founders and executives for $441 million. The suit, filed in 2018, had alleged that IAC and its then-subsidiary Match Group had manipulated financial data in order to create a false, “lowball valuation” of the dating app when...

Goalsetter, a financial education platform for kiddos, has announced the close of a $15 million Series A financing round. The funding was led by Seae Ventures, with participation from Fiserv, Mass Mutual, Citizens Financial Group, Astia Fund, NBA stars Kevin Durant and Carmelo Anthony, and...

1inch, a popular aggregator of decentralized protocols, has raised $175 million in what it calls a Series B funding round. It isn’t a traditional venture round as the company isn’t selling a stake in exchange for money. Instead, 1inch has sold $175 million worth of 1INCH tokens in a private...