Egypt’s Nexta to launch “next-gen banking” app with fresh $5M

October 19, 2022

Nexta, an Egyptian startup that plans to launch its banking app in the coming months, has secured a $5 million investment from eFinance Group, a state-owned provider of digital payments solutions. This news follows the $2 million pre-seed round Nexta announced this March, which Egyptian early-stage VC Disruptech led. Last year, Nexta obtained a provisional […]

Egypt’s Nexta to launch “next-gen banking” app with fresh $5M by Tage Kene-Okafor originally published on TechCrunch

Kakao co-CEO resigns after fire incident that caused mass outage

October 19, 2022

Whon Namkoong, the co-chief executive of Kakao, has resigned after a fire incident at a data center caused a mass outage over the weekend and disrupted several services at Kakao. Namkoong, who joined Kakao in 2015, was elevated to the co-CEO role this March. At a press conference Wednesday, he said the company will do […]

Kakao co-CEO resigns after fire incident that caused mass outage by Manish Singh originally published on TechCrunch

Activision Blizzard’s Johanna Faries highlights the company’s emerging ‘anti-tox’ strategy

October 19, 2022

At TechCrunch Disrupt today, Activision Blizzard General Manager Johanna Faries elaborated on the company’s plans to clean up some of the worst behavior in the franchise’s community, even as new lawsuits and allegations about its own culture continue to emerge. Last month, Activision Blizzard released a formal code of conduct for the Call of Duty […]

Activision Blizzard’s Johanna Faries highlights the company’s emerging ‘anti-tox’ strategy by Taylor Hatmaker originally published on TechCrunch

Why members-only club Chief, with a waitlist of 60K, hates the term ‘girl boss’

October 19, 2022

Chief co-founders Carolyn Childers and Lindsay Kaplan started the company because they had experienced first-hand being women executives without a ton of support. They created a community of female leaders that is now 20,000 strong, with 60,000 sitting on waitlists, but just don’t call these women ‘girl bosses.’ The two women appeared at TechCrunch Disrupt […]

Why members-only club Chief, with a waitlist of 60K, hates the term ‘girl boss’ by Ron Miller originally published on TechCrunch

Redditors have created millions of crypto wallets to buy NFT avatars

October 18, 2022

In July, Reddit jumped on the NFT train, launching an NFT-based marketplace that allows users to purchase blockchain-based profile pictures for a fixed rate. Given the general sentiment around NFTs today, you might assume — like me — that the experiment ended poorly. But the opposite’s the case apparently. Today during a panel at TechCrunch […]

Redditors have created millions of crypto wallets to buy NFT avatars by Kyle Wiggers originally published on TechCrunch

Meet E-liza Dolls, the startup that’s building dolls to help young girls learn to code

October 18, 2022

E-liza Dolls, a Berkeley-based startup, is aiming to challenge the gender gap in STEM by helping young girls learn to code using dolls. The company, which exhibited as part of the Battlefield 200 at TechCrunch Disrupt, builds dolls that include programmable computers that girls can code through an app. The startup was founded in 2021 […]

Meet E-liza Dolls, the startup that’s building dolls to help young girls learn to code by Aisha Malik originally published on TechCrunch

Bird exits Germany, Sweden, Norway and ‘several dozen’ US, EMEA markets

October 18, 2022

Shared micromobility company Bird is exiting several markets across the world as it struggles to build an economically viable business, according to a regulatory filing. Bird said it will “fully exit Germany, Sweden and Norway, as well as wind down operations in “several dozen additional, primarily small to mid-sized markets” across the U.S., Europe, the […]

Bird exits Germany, Sweden, Norway and ‘several dozen’ US, EMEA markets by Rebecca Bellan originally published on TechCrunch

Staax thinks peer-to-peer payments can onboard a new generation of stock investors

October 18, 2022

For better or for worse, Robinhood helped inspire a new generation of investors to enter the stock market. Now that investing is cool again, upstarts like Staax, which pitched today at TechCrunch Disrupt’s Startup Battlefield, are finding new ways to cash in on its cachet, particularly among young people. Nikki Varanasi, Staax’s founder and CEO, […]

Staax thinks peer-to-peer payments can onboard a new generation of stock investors by Anita Ramaswamy originally published on TechCrunch