Why is Andreessen Horowitz (and everyone else) investing in Latin America now?

Investments by U.S. venture capital firms into Latin America are skyrocketing and one of the firms leading the charge into deals is none other than Silicon Valley’s Andreessen Horowitz. The firm that shook up Silicon Valley with potentially over-generous term sheets and valuations and an overarching thesis that “software is eating the world” has been […]

Monzo, the UK challenger bank with over 2 million users, expands to the US

Monzo, the U.K. challenger bank with more than two million customers and a unicorn valuation to go with it, has formally announced its U.S. expansion. The tentative move — which TechCrunch exclusively reported was underway five months ago — will see a U.S. Monzo app and connected Mastercard debit card made available via in-person signups at […]

Emma, the London-based money management app, launches in the US and Canada

Emma, the U.K. money management app (now calling itself your “best financial friend”), has launched in the United States and Canada — and is now one of a plethora of London fintechs venturing States-side. Competing banking app Cleo entered the U.S. nine months ago, and challenger bank Monzo is thought to be gearing up to […]

Privacy policies are still too horrible to read in full

A year on from Europe’s flagship update to the pan-EU data protection framework the Commission has warned that too many privacy policies are still too hard to read and has urged tech companies to declutter and clarify their T&Cs. (So full marks to Twitter for the timing of this announcement.) Announcing the results of a […]

Lifen raises $22.7 million for its healthcare messaging platform

French startup Lifen is raising a $22.7 million (€20 million) funding round. Partech is leading the round with Idinvest Partners and Majycc eSanté Invest also participating. Existing investors Serena and Daphni are also investing again. Most of the healthcare industry in France still relies on good old physical letters with stamps and everything. Lifen wants […]

London’s LocalGlobe just closed on two funds totaling $295 million

Seven months ago, TechCrunch’s Steve O’Hear reported that LocalGlobe had begun the fundraising process for two separate funds. The London-based seed-stage venture firm was raising yet another seed-stage venture fund, O’Hear said at the time; he also noted that LocalGlobe was also expect to raise its first opportunities fund. Fast-forward and today, the firm, founded […]

Bux raises additional $12.5M as it gears up to launch ‘zero-commission’ investing app

Bux, the Amsterdam-based trading app that wants to make investing fun, has picked up an additional $12.5 million in new funding. Venture capital firms Velocity Capital and Holtzbrinck Ventures led the round, which also includes debt financing from Kreos Capital. It brings total funding to $35 million since being founded over five years ago. The […]

Funderbeam, the funding and trading platform for private companies, scores $4.5M Series A

Funderbeam, the funding and trading platform for private companies founded by Kaidi Ruusalepp, who was previously CEO of the Nasdaq Tallinn stock exchange, has raised $4.5 million in Series A funding. The round is led by U.K.-based Accelerated Digital Ventures (ADV), and includes new investors such as GK-Plug and Play Indonesia, and Pandan Ventures. Existing […]

Facebook will not remove deepfakes of Mark Zuckerberg, Kim Kardashian and others from Instagram

Facebook will not remove the faked videos featuring Mark Zuckerberg, Kim Kardashian and President Donald Trump from Instagram, the company said in a statement. Earlier today, Vice News reported on the existence of videos created by the artists Bill Posters and Daniel Howe and video and audio manipulation companies including CannyAI, Respeecher and Reflect.  The work, featured in […]