PayPal has been talking about its “super app” plans for some time, having recently told investors its upcoming digital wallet and payments app had been given a go for launch. Today, the first version of that app is officially being introduced, offering a combination of financial tools including direct deposit, bill pay, a digital wallet, […]
Journey Clinical raises $3M to allow psychotherapists to prescribe psychedelics
Psychedelics companies are all the rage right now. Compass Pathways is working with the magic mushroom compound psilocybin to treat depression. It’s has raised $290 million in total. Atai Life Sciences — backed by PayPal co-founder Peter Thiel — brought in $258 million from its IPO. In the tech space, this has not gone unnoticed […]
Extra Crunch roundup: BNPL bonanza, scraping Toast’s S-1/A, early-stage SaaS pricing
Are founders in fundraising mode short-sighted when it comes to working with Chinese venture funds? Runa Capital’s Asia business development manager Denis Kalinin studied data from iTjuzi, a database of Chinese venture capitalists, and found: “…Chinese funds invested around $250 billion in 2020 (three times higher than the figure reported in Crunchbase). This figure puts […]
Nuula raises $120M to build out a financial services ‘superapp’ aimed at SMBs
A Canadian startup called Nuula that is aiming to build a superapp to provide a range of financial services to small and medium businesses has closed $120 million of funding, money that it will use to fuel the launch of its app and first product, a line of credit for its users. The money is […]
‘The smartest person in any room anywhere’: in defence of Elon Musk, by Douglas Coupland
He’s the Silicon Valley Übermensch, the maverick boss of Tesla and SpaceX who wants us to colonise Mars and who can wipe out billions of dollars with a single tweet. So what’s not to love?It’s interesting whenever Elon Musk’s name comes up and people b…
Linktree partners with PayPal to allow users globally to accept direct payments
Linktree, the popular “link in bio” service with more than 16 million users, is partnering with PayPal to expand its recently launched “Commerce Links” tools for direct payment on Linktree globally. The Melbourne-based startup says creators in over 200 countries where PayPal operates can now accept payments through the transaction tools. Launched in March, Commerce […]
Ramp and Brex draw diverging market plans with M&A strategies
From a high level, all of the recent deal-making in corporate cards and spend management shows that it’s not enough to just help companies track what employees are expensing these days.
OnlyFans’ explicit content ban should spark a conversation about a creators’ bill of rights
OnlyFans’ decision to ban sexually explicit content is reigniting an important and overlooked conversation around tech companies, content guidelines and sex work.
API platform Postman valued at $5.6 billion in $225 million fundraise
San Francisco-based Postman, which operates a collaborative platform for developers to help them build, design, test and iterate their APIs, said on Wednesday it has raised $225 million in a new financing round that values it at $5.6 billion, up from $2 billion a year ago. The startup’s new financing round — a Series D […]
Wonder Brands picks up $20M, aims to build marketplace of Latin American e-commerce brands
E-commerce roll-up companies are big in the United States, and Wonder Brands wants to be that for Latin America.