Banking-as-a-service (BaaS) platforms have taken off rapidly across the fintech world over the last 18 months. By partnering with banks, these platforms allow entities from startups and fintechs to big corporations and banks to provide tailored banking services and experiences to their customers. Fintechs offering BaaS services in U.S. and Europe, such as Unit, Rapyd […]
Nigerian banking-as-a-service platform Maplerad raises $6M, led by Peter Thiel’s Valar Ventures by Tage Kene-Okafor originally published on TechCrunch
Byju’s said it has raised $250 million in new funding from existing backers as the Indian edtech giant looks to navigate the market downturn that has forced the firm to postpone the initial public offering. The new funding valued the Bengaluru-headquartered startup at $22 billion, the same figure at which it raised a financing round […]
Indian edtech giant Byju’s raises $250 million in fresh funding by Manish Singh originally published on TechCrunch
Flipkart has launched a metaverse offering for consumers to more interactively discover and shop new products, the latest bet from the Indian e-commerce giant as it experiments with web3 offerings to supercharge its customer experience. The Walmart-backed Bengaluru-headquartered firm has partnered with eDAO, a Polygon-incubated firm, to launch the metaverse offering, which it is calling Flipverse. […]
Indian e-commerce giant Flipkart launches metaverse shopping experience by Manish Singh originally published on TechCrunch
Cruise never planned to make its own silicon. But in the quest to commercialize robotaxis — and make money doing it — those never planned pursuits can suddenly seem a lot more appealing. Cruise realized that the price of chips from suppliers was too high, the parts were too big and the reliability of the […]
Why Cruise is making its own chips, and a lot more besides by Roberto Baldwin originally published on TechCrunch
Top climate tech investments continued to diversify, showing just how deeply it’s becoming embedded into the economy.
Top climate tech deals net nearly $4B in Q3, outpacing other industries by Tim De Chant originally published on TechCrunch
At a time when startup valuations are dropping, Celonis, a German process mapping startup, stands in stark contrast with a $13 billion valuation.
With a $13B valuation, Celonis defies current startup economics by Ron Miller originally published on TechCrunch