FB QVC? Facebook tries Live video shopping

Want to run your own home shopping network? Facebook is now testing a Live video feature for merchants that lets them demo and describe their items for viewers. Customers can screenshot something they want to buy and use Messenger to send it to the seller, who can then request payment right through the chat app. […]

Uber Eats test lets restaurants trade discounts for ranking boost

Uber Eats has effectively invented its own native ad unit. Uber confirmed to TechCrunch that a test quietly running in markets around India allows restaurants to bundle several food items together and sell them at a discounted price in exchange for promoted placement by Uber Eats in a featured section of local “Specials.” In some […]

Meet ‘Bitski’, the single sign-on wallet crypto desperately needs

The mainstream will never adopt blockchain-powered decentralized apps (dApps) if it’s a struggle to log in. They’re either forced to manage complex security keys themselves, or rely on a clunky wallet-equipped browser like MetaMask. What users need is for signing in to blockchain apps to be as easy as Login with Facebook. So that’s what […]

Cross-border fintech startup Instarem raises $20M for global expansion

Instarem, a Singapore-based startup that helps banks transfer money overseas cheaply, has raised a Series C round of over $20 million for global expansion. The round is led by MDI Ventures — the VC arm of Indonesian telecom operator Telkom — and Beacon — the fund belonging to Thai bank Kasikorn — as well as […]

Plastiq raises $27M at 2X+ value to let you pay for anything on credit

“I wasn’t asking to pay in Bitcoin!” Plastiq CEO and co-founder Eliot Buchanan recalls with a laugh. “I went to pay part of my tuition at Harvard and I was told that they didn’t (and never would) accept credit cards. It was inconvenient and seemed odd. Credit cards had been around for 50 years.” That […]

Standard Cognition raises $40M to replace retailers’ cashiers with cameras

The Amazon Go store requires hundreds of cameras to detect who’s picking up what items. Standard Cognition needs just 27 to go after the $27 trillion market of equipping regular shops with autonomous retail technology. Walk into one of its partners’ stores and overhead cameras identify you by shape and movement, not facial recognition. Open […]

Uber launches rider loyalty Rewards like credits & upgrades 9 cities

Uber’s new loyalty program incentivizes you not to check Lyft or the local competitor. Riders earn points for all the money they spend on Uber and Uber Eats that score them $5 credits, upgrades to nicer cars, access to premium support and even flexible cancellations that waive the fee if they rebook within 15 minutes. […]

Social commerce startup Goxip lands $1.4M investment to add flexible payments

Social e-commerce startup Goxip raised $5 million in January, and now the Hong Kong-based business has brought in more cash with a strategic $1.4 million investment from financial services company Convoy. Existing backers including Chinese photo app company Meitu also took part. Convoy offers a range of services that include asset management, insurance and other […]

Hong Kong’s Neat raises $3M to offer easy banking for startups and SMEs

Neat, a Hong Kong-based startup that gives startups and SMEs access to credit cards and banking services has pulled in $3 million in fresh funding. The new round is led by China-based VC Linear Capital with participation from Hong Kong’s Sagamore investments and existing backers Dymon Asia Ventures and Portag3 Ventures . Neat previously landed a $2 million […]

How the 22-year-old founders of Brex built a billion-dollar business in less than 2 years

When Brazilian-born Henrique Dubugras and Pedro Franceschi met at 16 years old, they bonded over a love of coding and mutual frustrations with their strict mothers, who didn’t understand their Mark Zuckerberg-esque ambitions.  To be fair, their moms’ fear of their hacking habits only escalated after their pre-teen sons received legal notices of patent infringements in […]