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Aspiration, the LA-based fintech focused on conscious consumerism, raises $135 million

When former Bill Clinton speechwriter and political wunderkind Andrei Cherny launched Aspiration four years ago, the upstart fintech startup was one of Los Angeles’ early entrants into a financial
70% of Indian startups will run out of money in less than 3 months

70% of Indian startups will run out of money in less than 3 months

More than two-thirds of startups in India need to secure additional capital in the coming weeks to steer through the coronavirus pandemic, according to an industry report. 70% of startups in India,
Cruise lays off 8% of workforce amid COVID-19, puts resources toward engineering

Cruise lays off 8% of workforce amid COVID-19, puts resources toward engineering

Cruise, the self-driving car subsidiary of GM that also has backing from SoftBank Vision Fund, automaker Honda and T. Rowe Price & Associates, is laying off nearly 8% of its more than 1,800-member

CMU’s tiny robot rover passes NASA design review ahead of 2021 trip to the Moon

Carnegie Mellon University is one step closer to operating its robotic rover on the surface of the Moon: The school’s diminutive bot has passed a crucial NASA design review, performed by the agency in

Vista Partners founder calls for a fintech revolution to help pandemic-hit, minority-owned small businesses

The head of what is arguably private equity’s most successful technology investment firm — Vista Equity Partners — made a rare appearance on Meet The Press to discuss the steps that the country needs
This Australian Bartender Found an ATM Glitch and Blew $1.6 Million

This Australian Bartender Found an ATM Glitch and Blew $1.6 Million

We asked Dan Saunders to describe the loophole and his five months of partying.
Nigeria’s Okra raises $1M from TLcom connecting bank accounts to apps

Nigeria’s Okra raises $1M from TLcom connecting bank accounts to apps

A new Nigerian fintech venture, Okra, has racked up a unique mix of accomplishments in less than a year. The Lagos based API developer created a product that generates revenues from both payment
Trump Owes State-Owned Chinese Bank a Whole Lotta Bread and That Loan Payment Is Coming Up Soon

Trump Owes State-Owned Chinese Bank a Whole Lotta Bread and That Loan Payment Is Coming Up Soon

Well, what do you know: Turns out that President Trump, aka “Let me get money out of the country because my name is no good here,” owes a shit ton of cash to a state-owned Chinese bank, and that
The good, better and best of cloud and SaaS growth

The good, better and best of cloud and SaaS growth

What counted as good for SaaS startups, pre-COVID-19?

Betterment adds checking and savings products

Betterment, the New York-based automated advisory service for wealth management, is adding FDIC-insured checking and savings account services through partnerships with several banks. “It’s the

Lucidchart raises $52M Series D, passes $100M ARR

Continuing our coverage of Utah-based startups, this morning we have our second big round of the year from the state. Lucid Software, best known as the parent company of Lucidchart, announced today

The biggest US banks have stashed away $24 billion to prepare for a wave of losses

The drastic increase in loss provisions is a sign of the economic pain to come.
Set Of Photos Of Queen’s Face Taken For Use On Canadian Bank Notes Are On Sale For £3,000

Set Of Photos Of Queen’s Face Taken For Use On Canadian Bank Notes Are On Sale For £3,000

A set of nine portrait photos of the Queen for use on a bank note are on sale for at...
The intersection of small business, tech and our financial system is more important than ever

The intersection of small business, tech and our financial system is more important than ever

Let's focus on preserving jobs and providing relief to our economy’s beating heart — small businesses.

Silicon Valley Bank only started processing stimulus loan applications today

In a sign of just how broken the process is for startups looking to receive stimulus dollars, Silicon Valley Bank, the bank that claims “more innovative startups bank with us than any other bank,”
Agritech startup DeHaat raises $12M to reach more farmers in India

Agritech startup DeHaat raises $12M to reach more farmers in India

DeHaat, an online platform that offers full-stack agricultural services to farmers, has raised $12 million as it looks to scale its network across India. The Series A financial round for the
Africa Roundup: Africa’s tech ecosystem responds to COVID-19

Africa Roundup: Africa’s tech ecosystem responds to COVID-19

In March, the virus gripping the world — COVID-19 — started to spread in Africa. In short order, actors across the continent’s tech ecosystem began to step up to stem the spread. Early in March,

Congress approved $350 billion for small business. Where’s the money?

Small business paychecks are waiting on their protection.
Microsoft brings Teams to consumers and launches Microsoft 365 personal and family plans

Microsoft brings Teams to consumers and launches Microsoft 365 personal and family plans

Microsoft today announced a slew of new products, but at the core of the release is a major change to how the company is marketing its tools and services to consumers. Office 365, which has long been
Africa turns to mobile payments as a tool to curb COVID-19

Africa turns to mobile payments as a tool to curb COVID-19

Africa is using digital finance as a means to stem the spread of COVID-19. Governments and startups on the continent are implementing measures to shift a greater volume of payment transactions toward