We last wrote about N26 back in January when the Peter Thiel-backed mobile bank N26 hit a new milestone after it surpassed 7 million customers in the EU and the US. In recent years, the German banking startup has been luring deposits from […]
Our Next Energy (ONE), a Michigan-based EV battery startup that develops advanced battery storage solutions to expand access to sustainable power, has emerged from stealth mode with $25 million in Series A funding from high-profile investors ranging from German automaker BMW to […]
This week, Jeff Bezos’ space company Blue Origin and William Shatner made history after the 90-year-old Canadian actor became the world’s oldest astronaut to go to space. Shatner and three others went to the edge of space in a tourist spacecraft built called NS-18, […]
We all dream about discovering the “next Facebook” or “next Google.” Imagine you invested $10,000 in Amazon when it first went public in 1997. How much is your investment going to be worth today? Over $13,620,000! That’s right, millions of dollars […]
According to data from the World Bank, globally, about 1.7 billion (31 percent) adults remain unbanked—without an account at a financial institution or through a mobile money provider in 2017. In 2014 that number was 2 billion. Unfortunately, the situation is far […]
On June 22, bitcoin crashed below $30,000, a level we haven’t seen since January 2021. The crash led to nearly $800 million worth of liquidated positions across the major exchanges as the world’s most popular cryptocurrency was trading at $29,482.10. Fast forward […]
SumUp, a London, England-based fintech startup and global payments service provider, has acquired San Francisco-based startup Fivestars for $317 million in a bid to expand its footprint in the U.S. and take on giants like PayPal and Square. The announcement comes six months after SumUp […]
While technology has disrupted and transformed the travel and tourism industry, corporate travel, for example, is still plagued with antiquated products and services. Unlike personal travel, corporate travel has many limitations. And one startup is on a mission to revolutionize the […]
Coinbase is jumping into the NFT craze! The cryptocurrency exchange announced Tuesday it plans to launch an NFT marketplace that lets users mint, collect and trade NFTs, or nonfungible tokens. Users can sign up to a waitlist for early access to […]
Binance, the world’s leading cryptocurrency exchange, announced today a $1 billion crypto growth fund announced today it had launched a $1 billion fund to help fast-track adoption of digital assets and blockchain technology. The fund, which is divided into four different […]
The electric scooter market space is saturated with hundreds of startups competing for their shares of the market. The two major players Bird and Lime have raised over $870 million in the US and expanding to Europe. However, one startup […]
Online used car retailer Vroom announced Tuesday that it would buy automotive lender United Auto Credit Corp (UACC) for $300 million in cash. Vroom said the acquisition will enable it to offer financing options for its shoppers. Vroom also said United […]
Last week, cybercriminals hacked into Amazon’s Twitch exposing source code and payouts of creators and top 100 highest-paid Twitch streamers. The rise in cyberattacks has also led to an increase in the number of innovative cybersecurity startups aiming to help […]
As the saying goes, everything is bigger in Texas. The same can be said of Tesla Gigafactory. Last year, Tesla announced Gigafactory Texas (also Tesla Gigafactory 5 or Giga Texas), an automotive manufacturing facility near Austin, Texas. With Gigafactory, Tesla […]
Our society produces a lot of waste. Every year, the world generates over 2 billion tons of waste, with at least 33 percent not managed in an environmentally safe manner. According to the World Bank, this number is expected to grow by […]
BetterUp made headlines back in March after the Silicon Valley-based mental health startup hired Prince Harry as its Chief Impact Officer. In his new role, The Duke of Sussex is expected to have input into product strategy decisions and charitable contributions, and advocate publicly […]
Microsoft announced Thursday it has acquired Ally.io, a Washington-based tech startup that provides software to help organizations keep track of their progress on key goals. The financial terms of the deal were not disclosed. So far this year Microsoft has […]
German automotive industry supplier ZF Friedrichshafen AG announced today it will invest in UK-based autonomous vehicle software startup Oxbotica to jointly develop driving systems for pod-like shuttles which will be able to transport people and goods, according to Reuters, citing reports […]
Text messaging service provider TextMagic, a UK tech startup that has never raised external capital, plans to conduct an initial public offering (IPO) of its shares this year. The shares will trade on First North Tallinn, an alternative market within […]
Twitter on Wednesday announced it has agreed to sell its MoPub mobile advertising network to mobile ad startup AppLovin for $1.05 billion in cash. Twitter purchased MoPub in September 2013 for a reported $350 million. In a statement, Twitter said it […]
