PhonePe aims to be a top Google Play alternative in India — but it has a challenging road ahead

February 20, 2024

Walmart-backed PhonePe is set to launch its Android app store this week with zero commission for in-app purchases for developers. The app store is based on Indus OS’ tech, a company that PhonePe acquired in 2021. In this story, we are going to take a look at why developers are pushing for an alternative store […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Inside the hunt for new physics at the world’s largest particle collider

February 20, 2024
In 1977, Ray and Charles Eames released a remarkable film that, over the course of just nine minutes, spanned the limits of human knowledge. Powers of Ten begins with an overhead shot of a man on a picnic blanket inside a one-square-­meter frame. The camera pans out: 10, then 100 meters, then a kilometer, and…

Nigerian digital bank FairMoney in talks to buy Umba in $20M all-stock deal, sources say

February 20, 2024

FairMoney, a digital bank based in Lagos and headquartered in Paris, is in discussions to acquire Umba, a credit-led digital bank providing payroll and financial services to customers in Nigeria and Kenya, in a $20 million all-stock deal, sources tell TechCrunch. The move signals FairMoney’s interest in growing its customer base by expanding into more […]

© 2024 TechCrunch. All rights reserved. For personal use only.

US, UK authorities claim seizure of LockBit ransomware gang’s dark web leak site

February 20, 2024

A coalition of international law enforcement agencies, including the FBI and the U.K.’s National Crime Agency, have disrupted the operations of the prolific LockBit ransomware gang. LockBit’s dark-web leak site — where the group publicly lists its victims and threatens to leak their stolen data unless a ransom demand is paid — was replaced with […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Planity raises $48 million because even hair salons need their own SaaS product

February 20, 2024

If you’ve ever traveled in rural areas in France, you may have realized a French peculiarity. Even in the seemingly less populated towns, there’s a hair salon. French startup Planity has been taking advantage of France’s love affair with hair salons to launch a SaaS product for these businesses in particular. Over time, the company […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Singapore-based fintech Xalts acquires digital trade platform Contour Network

February 20, 2024

In a role reversal, Xalts, a Singapore fintech startup founded 18 months ago, has acquired Contour Network, a digital trade platform set up by eight major banks including HSBC, Standard Chartered and BNP. Terms of the deal were undisclosed, but the acquisition price was in the high single millions and composed of cash and stock. […]

© 2024 TechCrunch. All rights reserved. For personal use only.

TechTaka raises $9.5M for its e-commerce fulfillment service

February 19, 2024

TechTaka, a South Korean online shopping fulfillment startup that provides third-party logistics services for e-commerce sellers, has raised $9.5 million (12.6 billion KRW) in a Series B round of funding from a sole investor, Altos Ventures.  The outfit helps e-commerce sellers manage the supply chain, from warehousing, order packing and shipping, so that TechTaka users […]

© 2024 TechCrunch. All rights reserved. For personal use only.