Open banking — a new approach to payments and other financial services that disrupts traditional card-based infrastructure by linking directly into banks — is having a moment. On the heels of open banking startup TrueLayer hitting a $1 billion valuation in its latest round after seeing strong traction for its services, today another open banking […]
Can the path to equitable healthcare avoid insurers?
There are few challenges messier and more fraught than the U.S. healthcare system, but a growing number of startups are looking at ways to address shortcomings in standards of care through tech.
Dear Sophie: What’s the difference between IEP and the latest proposed startup visa?
What’s the difference between International Entrepreneur Parole and the latest proposed startup visa? Do you think the startup visa will become a reality? If so, when?
ViacomCBS unveils a Paramount+ and Showtime streaming bundle, starting at $9.99 per month
ViacomCBS announced a new streaming bundle today for U.S. subscribers, offering access to both Paramount+ and Showtime. If you subscribe to the ad-supported Paramount+ Essential plan, the bundle will cost $9.99 per month. But if you don’t want to watch ads when you’re laser-focused on the “iCarly” reboot (yes, that exists), you can pay $12.99 […]
America’s innovators will solve climate change, not regulators
Our best hope for reducing carbon emissions isn’t new government spending. It’s a technological sea change — one that can only come from the private sector.
Tumblr’s subscription product Post+ enters open beta after much scrutiny from users
Tumblr is entering open beta for its subscription product Post+, meaning that all U.S. users can now try out the monetization feature. The product launched in closed beta in July, allowing users hand-picked by Tumblr to place some of their content behind a monthly paywall. This marked the first time that Tumblr allowed bloggers to […]
Post-pandemic shifts means Patch will take co-working to UK small towns and suburbs
It would be fair to say the pandemic has had enormous effects on the world of work, but it has come at a time when other factors were already ongoing. The decline of main-street shopping due to e-commerce has only been hastened. The shift to remote working has sky-rocketed. And people no longer want to […]
TrueLayer nabs $130M at a $1B+ valuation as open banking rises as a viable option to card networks
Open banking — a disruptive technology that seeks to bypass the dominance of card networks and other traditional financial rails by letting banks open their systems directly to developers (and new services) by way of APIs — continues to gain ground in the world of financial services. As a mark of that traction, a startup […]
Study finds half of Americans get news on social media, but percentage has dropped
A new report from Pew Research finds that around a third of U.S. adults continue to get their news regularly from Facebook, though the exact percentage has slipped from 36% in 2020 to 31% in 2021. This drop reflects an overall slight decline in the number of Americans who say they get their news from […]
Airwallex raises $200M at a $4B valuation to double down on business banking
Business, now more than ever before, is going digital, and today a startup that’s building a vertically integrated solution to meet business banking needs is announcing a big round of funding to tap into the opportunity. Airwallex — which provides business banking services both directly to businesses themselves, as well as via a set of […]