SVB collapse forces African startups to rethink their banking options

March 16, 2023

The collapse of Silicon Valley Bank (SVB) last week sent ripples in startup ecosystems around the world, and it is emerging that millions of dollars held by African startups and venture capital funds at the bank were at stake, until the U.S. Federal Reserve acted to save the day. Founders in Africa are now forced […]

SVB collapse forces African startups to rethink their banking options by Annie Njanja originally published on TechCrunch

IT-as-a-Service startup Deeploi raises €3M

March 16, 2023

Deeploi, a Germany-based startup that is building an IT-as-a-Service platform, today announced that it has raised a €3 million seed funding round led by Berlin’s Cherry Ventures, with participation from a group of angels that includes the founders of Taktile, Moss, Vay and sennder. The company was founded by Julian Luebke and Philipp Hoffmann. Luebke […]

IT-as-a-Service startup Deeploi raises €3M by Frederic Lardinois originally published on TechCrunch

The FTC finalizes Epic’s $245 million settlement over sketchy Fortnite purchases

March 16, 2023

The Federal Trade Commission slammed Epic Games with $245 million in fines this week, ordering the Fortnite developer to compensate consumers who made unwitting purchases in its digital store. The settlement, first announced back in December, is now finalized. “Fortnite’s counterintuitive, inconsistent, and confusing button configuration led players to incur unwanted charges based on the […]

The FTC finalizes Epic’s $245 million settlement over sketchy Fortnite purchases by Taylor Hatmaker originally published on TechCrunch