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Adyen confirms an IPO in Amsterdam, valuing the payments giant at $7B-$11B

May 24, 2018 Editor 0

The floodgates are definitely open for IPOs in the tech world right now, and the latest is coming out of Europe. Adyen, a company that powers payments for large and smaller e-commerce merchants and others, has said that it plans to publicly list on the Euronext Amsterdam exchange, keeping the company’s financial future close to where Adyen itself was founded and is based rather than taking it to the US markets as some other European unicorns, like Spotify, have opted to […]

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Revolut adds Ripple and Bitcoin Cash support

May 24, 2018 Editor 0

Fintech startup Revolut is adding Bitcoin Cash and Ripple to its cryptocurrency feature. While cryptocurrency isn’t really Revolut’s focus point, it’s a good way to get started with cryptocurrencies. If you have a Revolut account, you can now buy and hold Bitcoin, Litecoin, Ethereum, Ripple and Bitcoin Cash. Behind the scene, the startup has partnered with Bitstamp to process the transactions. Revolut currently charges a 1.5 percent fee for cryptocurrency transactions. There are currently 100,000 cryptocurrency transactions per day. Compared […]

Meet the speakers at The Europas, and get your ticket free (July 3, London)

May 23, 2018 Editor 0

Excited to announce that this year’s The Europas Unconference & Awards is shaping up! Our half day Unconference kicks off on 3 July, 2018 at The Brewery in the heart of London’s “Tech City” area, followed by our startup awards dinner and fantastic party and celebration of European startups! The event is run in partnership with TechCrunch, the official media partner. Attendees, nominees and winners will get deep discounts to TechCrunch Disrupt in Berlin, later this year. The Europas Awards […]

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Real Vision, a media platform for finance and business, raises $10 million

May 22, 2018 Editor 0

Real Vision is entering the crowded business and financial new space with a bang. The company, which recently raised a $10 million Series B after a $5 million A, is working on a number of new initiatives including distribution on Apple TV, a content distribution partnership with Thomson Reuters and an upcoming documentary on PBS. The documentary, “A World on the Brink,” will focus on threats to the global economy. The team is aiming at viewers ages 36-45 instead of […]

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Our 8 favorite startups from Y Combinator W18 Demo Day 2

May 21, 2018 Editor 0

Microbiome pills, gambling for one-on-one video games and potential cancer cures were the highlights from legendary startup accelerator Y Combinator’s Winter 2018 Demo Day 2. You can read about all 64 startups that launched on Day 1 in verticals like biotech and robotics, our picks for the top 7 companies from Day 1 and our full coverage of another 64 startups from Day 2. TechCrunch’s writers huddled and took feedback from investors to create this list, so click (web) or scroll (mobile) to see […]

You’ll enjoy the ‘by age 35’ meme even if you have nothing saved for retirement

May 21, 2018 Editor 0

It was the MarketWatch article heard ’round the world. In a January post, the finance website quoted a disturbing assertion from investment firm Fidelity: that by the time you’re 35, you should have saved twice your salary. Like, your salary, but doubled. Like, take your salary, and then make it two of those. Fidelity thinks you should have that saved. It took a while for the internet to get wind of this. (Per Know Your Meme, people started to take […]

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Cryptocurrency and a stock market boom pushes TradingView to $37 million in new funding

May 21, 2018 Editor 0

Fueled by last year’s greed-inducing visions of a crypto-currency boom and a stock market largely untethered from classical economics, TradingView, a developer of social networking and data analysis tools for financial markets, has raised millions in new venture funding. The New York-based company just scored $37 million in funding led by the growth stage investment firm Insight Venture Partners . TradingView has developed a proprietary, JavaScript-based programming language called PineScript, which lets anyone develop their own customized financial analysis tools. […]

Roger Ver has found a new use for cryptocurrency: crowd-bribing

May 21, 2018 Editor 0

UNICEF may be using cryptocurrencies to crowd-fund children in Bangladesh, but Roger Ver has found a better utility for them. Ver is asking his twitter followers to send Bitcoin Cash (BCH) to a HK stock exchange official in order to get him to promote the cryptocurrency to his nine million Weibo followers. Ver was meeting with Shusong Ba, Chief China Economist at the Hong Kong Stock Exchange (HKSE), when he tweeted a picture of them together, along with Ba’s BCH […]

Fintech is disrupting big banks, but here’s what it still needs to learn from them

May 20, 2018 Editor 0

Much of the hype around fintech focuses on what traditional banks do wrong: they’re slow to adopt new technology; they don’t center the customer; they’re too big to respond nimbly to change. This narrative is part of why fintech continues to attract massive investment, with $31 billion total flowing into the sector last year, according to KPMG. The truth is that there’s actually a lot that banks do right — things that fintech startups can struggle to replicate. I mean, […]

GDPR laws force promising blockchain service to shut down

May 18, 2018 Editor 0

Many feared that the upcoming General Data Protection Regulation (GDPR) law might spell trouble for fledgling businesses – and it seems they weren’t far off. A promising blockchain service was forced to discontinue its operation to avoid troubles with the new bill. The Parity ICO Passport Service (PICOPS) has announced it will close doors later this month on May 24 as a result of the restrictive nature of GDPR. The service — launched by Parity Technologies last October — provides KYC […]