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Layoffs at Lime and Getaround herald rise of profit-hungry unicorns

Layoffs at Lime and Getaround herald rise of profit-hungry unicorns Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. A million dollars isn’t cool. You know what’s cool? Positive adjusted EBITDA, or something close to it. That’s the message from scooter […]

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Who will the winners be in the future of fintech?

Who will the winners be in the future of fintech? Nik Milanovic Contributor Share on Twitter Nik Milanovic is a fintech and financial inclusion enthusiast, with a decade of work across mobile payments, online lending, credit and microfinance. More posts by this contributor Fintech’s next decade will look radically different Libra’s critics […]

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How Bongo, the ‘Netflix of Bangladesh’, won the local video streaming market with just $10M

How Bongo, the ‘Netflix of Bangladesh’, won the local video streaming market with just M Thousands of miles away from the U.S., where technology giants, cable networks, and studios are locked in an intense multi-billion dollar battle to court users to their video streaming services, a startup in Bangladesh has already won […]

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How to profit from valuable peer referrals hiding in Slack

How to profit from valuable peer referrals hiding in Slack Colin Bendell Contributor Share on Twitter Colin is Senior Director of Analytics and Strategy for Cloudinary, the co co-author of High Performance Images, and passionate about data, web performance and user experience. Brands are often left to act like the person who […]

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Peer-to-peer boat rental marketplace Boatsetter raises $10M as it looks to grow globally

Peer-to-peer boat rental marketplace Boatsetter raises M as it looks to grow globally Obviously, not everyone owns their boat, and boat ownership is far more unique than car ownership – which makes it maybe an ideal category for peer-to-peer marketplace rentals. P2P boat rental startup Boatsetter recognized this opportunity, and is now […]

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Millions of Venmo transactions scraped in warning over privacy settings

Millions of Venmo transactions scraped in warning over privacy settings A computer science student has scraped seven million Venmo transactions to prove that users’ public activity can still be easily obtained, a year after a privacy researcher downloaded hundreds of millions of Venmo transactions in a similar feat. Dan Salmon said he […]

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GoTrendier raises $3.5 million to take on Spanish-language fashion marketplaces

GoTrendier raises .5 million to take on Spanish-language fashion marketplaces Thanks to environmentally conscious young buyers, throwaway culture is dying not only in the U.S., but also in Latin America — and startups are poised to jump in with services to help people recycle used clothing. GoTrendier, a peer-to-peer fashion marketplace operative […]

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Korean lending startup PeopleFund raises $11M led by chat app Kakao’s payment unit

Korean lending startup PeopleFund raises M led by chat app Kakao’s payment unit South Korean peer-to-peer lending startup PeopleFund is in the money itself after it raised an $11 million Series B funding round that was led by Kakao Pay, the fintech division of Kakao, Korea’s top messaging firm. The deal comes as […]

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Lending platform Funding Circle raises £300M in London IPO, valuing it at £1.5B, as investor interest cools

Lending platform Funding Circle raises £300M in London IPO, valuing it at £1.5B, as investor interest cools Another fintech startup has made the leap into publicly-traded company: Funding Circle, the peer-to-peer lending platform for small and medium businesses that was originally founded in the UK, opened for trading today on the London […]

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Google is supercharging its Tez payment service in India ahead of global expansion

Google is supercharging its Tez payment service in India ahead of global expansion Google launched its Tez paymen app in India a year ago, and now the company is giving the service major push into retail as it prepares to expand it to other parts of Asia and beyond. The app itself […]

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