Ripple raises $200 million to improve global payments

Ripple has raised a $200 million Series C funding round. Tetragon is leading the round, with SBI Holdings and Route 66 Ventures also participating. According to Fortune, the company is now valued at $10 billion. “We are in a strong financial position to execute against our vision. As others in the blockchain space have slowed […]

The rise of the new crypto “mafias”

A look at nearly 200 crypto startups shows which companies have become crypto academies Ash Egan 18 hours Ash Egan Contributor Ash Egan leads crypto investing at Accomplice. He formerly was a VC at ConsenSys Ventures and Converge. In the early 2000s, journalists popularized the term “PayPal mafia” to describe the PayPal founders and employees […]

300M-user meme site Imgur raises $20M from Coil to pay creators

Meme creators have never gotten their fair share. Remixed and reshared across the web, their jokes prop up social networks like Instagram and Twitter that pay back none of their ad revenue to artists and comedians. But 300 million monthly user meme and storytelling app Imgur wants to pioneer a way to pay creators per […]

Singapore fintech startup Instarem closes $41M Series C for global growth

Singapore’s Instarem, a fintech startup that helps banks and consumers send money overseas at lower cost, has closed a $41 million Series C financing round to go after global expansion opportunities. The four-year-old company announced a first close of $20 million last November, and it has now doubled that tally (and a little extra) thanks […]

Ripple’s Brad Garlinghouse and Michael Arrington to talk cryptocurrency at Disrupt SF

Ripple CEO Brad Garlinghouse and Arrington XRP Capital founder (and TechCrunch founder) Michael Arrington will be joining us at TechCrunch Disrupt SF in September to talk money. Garlinghouse has had a long and storied career in the tech industry, serving as a senior vice president at Yahoo!, president of Consumer Applications at AOL and CEO […]

Does Ready Player One reveal the future of VR?

Maggie Lane Contributor Maggie Lane is a writer and producer of virtual reality experiences and covers the industry for various publications. It was barely minutes after the Ready Player One premiere, and texts from my friends and colleagues in the VR community began pouring in… “How was it?” Those of us in the mixed reality […]

Ripple turns investor as execs lead $25M round for storage and rental startup Omni

Earlier this month, I wrote that crypto companies are going to become investors in 2018. I didn’t quite imagine that happening as quickly as mid-January, but here we are. Ripple, the fintech startup behind the controversial XRP token, has its first investment after it backed U.S.-based storage startup Omni through a $25 million round. Omni […]

Ripple, a Tinder spinoff backed by Match, launches app for professional networking

A team of former Tinder employees, led by Tinder’s original CTO Ryan Ogle, are today launching a new app aimed at professional networking. The app, called Ripple, aims to be a sort of mobile-first alternative to LinkedIn that addresses some of the problems common to the aging, now Microsoft-owned business networking platform. LinkedIn today has […]