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Jon Russell / TechCrunch:
SynapseFI, which helps banks and fintech companies work together on tech, raises $17M Series A and says it has over 100 clients   —  SynapseFI, a startup that helps banks and fintech companies work together to develop technology, has announced that it raised a $17 million Series A funding round.
Sep 5, 2018, 11:00 AMIn context
Jon Russell / TechCrunch:
Line launches its own cryptocurrency, Link, as an incentive for using Line services and exclusively available on Line's own Bitbox exchange   —  Line, the Japanese messaging app firm that's best known for its cutesy characters and stickers, is pushing deeper into crypto after it launched …
Aug 31, 2018, 8:10 AMIn context
Jon Russell / TechCrunch:
Google says it's rebranding Tez, its payments app for India, as Google Pay, will expand it to cover micro-loans and add Tez features to Google Pay worldwide   —  Google launched its Tez paymen app in India a year ago, and now the company is giving the service major push into retail as it prepares …
Aug 28, 2018, 7:25 PMIn context
Jon Russell / TechCrunch:
Google Go search app for emerging markets can now read out website content in any of its 28 supported languages   —  The search giant announced changes to its Tez payment service, and it has also introduced a subtle AI-powered feature for its Google Go search app: website reading.
Aug 28, 2018, 9:20 AMIn context
Jon Russell / TechCrunch:
Didi suspends its Hitch carpooling service in China after a driver allegedly raped and killed a carpooling passenger, the second such incident in 2018   —  Chinese ride-hailing firm Didi Chuxing, the $60 billion-valued company that bought out Uber's China business, has suspended its carpooling service …
Aug 26, 2018, 10:35 AMIn context
Jon Russell / TechCrunch:
Filing: Alibaba raised $3B from investors, including SoftBank, for a new local services business that combines its own Koubei with food delivery service Ele.me   —  Alibaba has confirmed that it has raised $3 billion for its new-look local services business after it united its Koubei local services business …
Aug 23, 2018, 10:41 AMIn context
Jon Russell / TechCrunch:
Binance launches an incubator program to develop early stage blockchain startups, will take on around 8-10 companies per batch for a 10-week period   —  Who needs VCs?  The largest companies in the crypto world are continuing to build the ecosystem through aggressive investments of their own, as I forecasted at the start of this year.
Aug 23, 2018, 9:20 AMIn context
Jon Russell / TechCrunch:
In its first quarter since going public, Xiaomi posts $2.1B profit on revenue of $6.6B, up 68% YoY, but posts operating loss of $1.1B due to IPO-related costs   —  Chinese smartphone firm Xiaomi has posted a $2.1 billion profit for its first quarter of business as a public company on account of growing smartphone and hardware sales.
Aug 22, 2018, 7:35 AMIn context
Jon Russell / TechCrunch:
Chinese government statistics claim total internet users in the country exceed 800M, or 57.7% of its population, up from about 600M in 2014   —  China's internet population has now grown beyond 800 million, according to the latest data from the Chinese government.
Aug 21, 2018, 2:15 PMIn context
Jon Russell / TechCrunch:
Sequoia announces a new $695M fund aimed at India and Southeast Asia, its fifth such fund since expanding to India in 2006   —  Sequoia has announced the close of its newest fund for India and Southeast Asia.  The firm has raised $695 million for this fund, which is its fifth since it expanded into India 12 years ago.
Aug 21, 2018, 1:15 PMIn context

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