Technology

Startups are facing a moment of reckoning in the current economic climate, and today one of the more promising in the world of fintech has cracked under the pressure. Railsr, the London, UK embedded finance startup formerly known as Railsbank and once worth nearly $1 billion, announced today that it has been acquired by a […]

Railsr, the UK embedded fintech once valued at nearly $1B, goes into bankruptcy protection under new consortium owner by Ingrid Lunden originally published on TechCrunch

Silicon Valle Bank expected that with fewer dollars flowing into their coffers, US startups would cut their burn rates. That hasn’t really happened.

It turns out burn reduction at startups is more aspiration than reality by Alex Wilhelm originally published on TechCrunch

Across industries, technology transformation is a necessity for businesses looking to ensure longevity and remain competitive. But how can a global finance or health care company use technology to create value for its employees and customers at scale? For large-scale technology transformations, laying the right foundation is the key to ensuring success, says Chad Ballard,…

Synctera, a banking-as-a-service startup, has raised an additional $15 million as it expands into Canada. NAventures, the corporate venture arm of National Bank of Canada, led the financing, which brings Synctera’s total raised to $60 million since its June 2020 inception. Private equity firm The Banc Funds and sponsor bank partners Veritex Community Bank, Midland […]

Synctera raises $15M to help companies launch embedded banking products in Canada by Mary Ann Azevedo originally published on TechCrunch

This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. These companies want to go beyond batteries to store energy Batteries are pretty amazing. Using chemical reactions to store energy is handy and scalable, and there are about a million ways to do…

So far this week we’ve seen generative AI come to CRM from Salesforce and to customer service chatbots from Forethought – and that’s just the ones I’ve covered personally. Today, we look at ThoughtSpot’s generative AI entry, which lets you query your data using natural language to get text or a graph back, as appropriate, […]

ThoughtSpot adds GPT-3 integration to help customers query data by Ron Miller originally published on TechCrunch

Drone delivery is one of those ideas that’s been sold as “the next big thing” forever. Regardless of how bullish you happen to be on the technology, there’s undeniably a lot that has to be figured out before we can start having serious conversation about mainstream adoption. Regulator issues are a big box to be […]

Wing likens its drone ‘delivery network’ to rideshare by Brian Heater originally published on TechCrunch