If the cryptocurrency economy wants to continue to grow, it will require more widespread adoption. But how do you make it appealing to the masses — especially now that the traditionally volatile digital asset market is going through an especially rocky period? Just last May, Bitcoin, the OG crypto token, had a market capitalization around […]
UBS and Wealthfront last week called off a planned deal to sell the robo-adviser startup to the financial giant for $1.4 billion. Instead, UBS invested $69.7 million in the company at a valuation that Wealthfront described as $1.4 billion. In its note discussing the end of the transaction and its latest fundraise, Wealthfront shared some […]
For the price of a cup of coffee, your teen can learn how to invest in cryptocurrency. Today, Stack released what CEO Will Rush says is “the first crypto education and trading app for teens and their parents.” The subscription-based app costs $3 per month per user and is available for Android. It was designed with […]
Vista Equity Partners’ proposed $8.4 billion deal to acquire automated tax compliance company Avalara has hit a bump in the road. One of Avalara’s biggest shareholders revealed that it’s voting against the transaction, as it “significantly undervalues” the company. Founded in 2004, Seattle-based Avalara helps big-name companies such as Zillow, Pinterest and Roku automate many […]
Like the startup ecosystem itself, accelerators change with time. Techstars has expanded to a network of programs, to pick one example. Y Combinator, perhaps the best-known startup accelerator, has also evolved. It now offers more capital to chosen companies than ever and is in the process of working out how its program will operate in […]
Stephen Aschettino Contributor Share on Twitter Stephen Aschettino is head of fintech, United States, at law firm Norton Rose Fulbright US LLP. Only the strong will survive the avalanche of bankruptcies, layoffs and volatility now cascading through the crypto sector. Investors burned by flimsy promises or forced to panic-sell digital assets will want evidence that […]
Hebbia, a startup developing AI-infused search tools, today announced that it raised $30 million in a Series A round led by Index Ventures with participation from Radical Ventures. Of note, among the investors was Yahoo! co-founder Jerry Yang (full disclosure: Yahoo! is TechCrunch’s parent company) and Raquel Urtasun, a former head of AI research at […]
Financial management startup Mesh Payments has landed $60 million in new funding, 10 months after its last raise. Founded in Israel and now with headquarters in New York, Mesh Payments is one of a growing group of startups focused on helping companies manage their spend through automation. It’s a hot and crowded space that includes […]
Crypto founders have heard the saying a thousand times in the past few months — there’s no better time to build than during a downturn. In Y Combinator’s latest cohort, there are 30 crypto startups, up from 25 the batch prior, showing that the accelerator, and the founders it is betting on, believe in the […]
Anyone who has worked in a role even tangentially connected to the public markets will at least have heard of Bloomberg Terminal, an industry standard platform used by professionals to gain real-time data and insights into the financial markets. Indeed, Bloomberg Terminal is an incredibly useful — if expensive — tool for traders, brokers, analysts […]