Yesterday, Mercury, which describes itself as a bank for startups, restricted several accounts linked to African tech startups, TechCrunch has learned. The number of companies involved with this restriction is […]
Banking
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Back to news homeEarly stage Euro VC Backed brings in another €150M, and puts a heavy focus on founder events
London-based early-stage European VC fund Backed is bolstering its position by adding €75M to its Seed fund, while adding another €75M via a new follow-on fund vehicle. The ‘Backed Core […]
American Express launches its first all-digital consumer checking account
American Express has launched its first all-digital consumer checking account, the company announced on Tuesday. The new offering, American Express Rewards Checking, is currently available for eligible U.S. Consumer Card […]
Daily Crunch: Shark Tank India host Ashneer Grover tries to get his BharatPe CEO fired
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for […]
Best of TechCrunch 2021
Just when we thought things couldn’t get more unexpected than a pandemic that shut down the world in 2020, 2021 entered the chat. As we started to navigate a “new […]
The year the tide turned on ransomware
This year was rife with ransomware. 2021 witnessed the attack on IT software company Kaseya that knocked 1,500 organizations offline, the CD Projekt Red hack that saw threat actors make […]
India’s Cars24, a used-vehicle sales platform, raises $400M, now at a $3.3B valuation, to double down on growth
With supply chains in the automotive industry continuing to be disrupted due to Covid-19, demand has surged in the used-car market. Today, one of the startups that’s seeing a lot […]
Vauban, an AngelList-like platform for VCs and angels to run and raise funds, closes $6.3m
It’s always been a slight puzzle why AngelList never really properly took off in Europe, especially when, a few years ago, there was such a dearth of funding options for […]
This Week in Apps: Apple defends app ad buying, Spotify gains lyrics, Instagram kills Threads
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues […]
In Amazon scuffle, Visa’s loss could be Affirm’s gain
Earlier this week, Amazon announced that it would stop accepting Visa credit cards issued in the U.K. due to high interchange fees on transactions. The company gave a deadline of […]