Fintech companies are beginning to make a significant impact to how people live in Asia. Mywish Marketplaces, one of the more mature startups in what is admittedly a very broad sector, has raised $15 million to push its financing business into new areas. Read More
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Omise, a Bangkok-based payment enabler much like Stripe, has raised a $17.5 million Series B round to expand its reach across Southeast Asia. Read More
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Online travel agency Expedia has acquired Trover, an app and website where people share their travel photos. The terms of the deal were not disclosed. “At Expedia, it’s fair to say we believe in the power of travel,” an Expedia spokesperson wrote in an email to TechCrunch. “It can transform people. So an important part of our job is to inspire travelers. One way we… Read More
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The new world of startup finance is very strange. Private equity is increasingly dipping down to finance startups. Meanwhile, venture capital funds are being forced to use every financial tool imaginable to stay involved in the growing size of late-stage startups. PWC’s most recent MoneyTree report for Q2 2016 underscores this point. One fund, Lighter Capital, is trying to get ahead… Read More
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Spain-based security startup CounterCraft, founded last September, has closed a €1 million ($.1M) seed round to accelerate development of a b2b security decoy technology designed to engage hackers and keep them harmlessly occupied while also providing tools to analyze what’s going on. Read More
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The learn to code space is packed with ideas. But when it comes to what children want to do online, towering over everything else is the build-it-yourself Microsoft-owned Minecraft platform. All lesser virtual, creative playgrounds are overshadowed by this pixellated silhouette. Read More
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HomeTouch, the UK home care marketplace, has picked up £700,000 in new funding in a round led by Rocket Internet’s venture arm Global Founders Capital (GFC). Previous backer Passion Capital also participated, along with various angels, while I’m told the new capital will be used to invest in performance marketing and further product development. Read More
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Ever wonder how much you spend each month on Uber? The newly released Trim chatbot will tell you in a text. Trim also helps you manage subscriptions, set up spending alerts and check your bank balance. But there is no app, only a bot that can be linked to SMS or Facebook. “Anything that you can do on your mobile banking app, you can do with trim with the exception of moving… Read More
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Versus, the Berlin-based product comparison site and engine backed by Earlybird Venture Capital, and Dave McClure’s 500 Startups (amongst others), has been acquired by Germany’s MenschDanke Group, which owns several shopping and online discount properties. Read More
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Unilever creates and captures a unicorn with its plans to acquire Dollar Shave Club. Announced this evening, the $130 billion dollar multinational consumer goods company is speculated to be paying $1 billion for the startup, according to reports from Fortune. Dollar Shave Club has grown to become a dominate player in the male grooming business since its founding in 2012. The company’s… Read More
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