Others

Stripe announces fiat-to-crypto onramp widget

December 2, 2022

Payment giant Stripe is going to offer a new product that makes it easier to hold cryptocurrencies without signing up to a cryptocurrency exchange. The company’s new fiat-to-crypto widget can be embedded in any crypto product so that users can enter their card information and acquire crypto that can be used in another web3 product. […]

Stripe announces fiat-to-crypto onramp widget by Romain Dillet originally published on TechCrunch

GoStudent uses its warchest to acquire large network of traditional tutoring centres in Europe

December 2, 2022

GoStudent — the Austria-based late-stage Tutor marketplace which has raised $686.3 million (and attained a €3BN valuation) to date — has acquired Germany-based Studienkreis, a traditional tutoring company, founded in 1974, which is focused on the German-speaking ‘DACH’ region. Terms of the deal were not disclosed. Studienkreis had previously been owned, since 2017, by the […]

GoStudent uses its warchest to acquire large network of traditional tutoring centres in Europe by Mike Butcher originally published on TechCrunch

Singapore-based e-commerce platform Carousell lays off 10% of staff

December 2, 2022

Carousell, a Singaporean consumer-to-consumer (C2C) service platform operating across Southeast Asia, is letting go of about 110 employees, or 10% of its total headcount, in an effort to reduce costs amid a challenging market condition for the tech industry.  The announcement came from the company’s blog on Thursday, posted by co-founder and CEO of Carousell […]

Singapore-based e-commerce platform Carousell lays off 10% of staff by Kate Park originally published on TechCrunch

India’s KreditBee raises $80 million from Azim Premji’s Premji Invest, Motilal Oswal Alternates, among others

December 2, 2022

The digital loans business in India has been the subject of a lot of controversy, not least for over-predatory and un-transparent practices, yet that’s existed alongside the rise of a handful of startups that hoping to apply tech to build products that are clearly understood and fill a need in the market for quick, short-term […]

India’s KreditBee raises $80 million from Azim Premji’s Premji Invest, Motilal Oswal Alternates, among others by Jagmeet Singh originally published on TechCrunch

India won’t enforce market share cap on UPI until 2025 in a win for Google and Walmart

December 2, 2022

India won’t enforce a cap on the market share for players operating on the homegrown payments network until December 31, 2024 in a surprising move that analysts say is a major a win for Google Pay and Walmart’s PhonePe. The National Payments Corporation of India, the payments body that oversees the Unified Payments Interface payments […]

India won’t enforce market share cap on UPI until 2025 in a win for Google and Walmart by Manish Singh originally published on TechCrunch

LineupSupply updates its app to generate Instafest-styled posters via your Spotify

December 2, 2022

In the last week or so, a web app named Instafest went viral. Instafest lets you generate festival posters from your Spotify listening history. Millions of people started generating their own festival posters before the official Spotify Wrapped dropped earlier in the week. In order to take advantage of the trend, the LineupSupply app — […]

LineupSupply updates its app to generate Instafest-styled posters via your Spotify by Ivan Mehta originally published on TechCrunch