bbc
gadgets to use
geeky gadgets
gizmodo
jalopnik
jezebel
kotaku
lifehacker
ny times
pocket lint
readwrite
tech republic
tech world
techcrunch
technology
the inventory
the next web
venture beat
wired
count
sauces
help
I'm confused... What am I doing here?

Choose which sources you wish to remain and you're all set. Use the buttons to turn sources on and off.

What do the different colours mean?

Depending on if any articles/links are visible on the page there are 4 modes to show the state of your chosen sources.

on / visible on page

off / visible on page

on / not visible on page

off / not visible on page

How to ‘watch’ NASA’s OSIRIS-REx snatch a sample from near-Earth asteroid Bennu - techcrunch

How to ‘watch’ NASA’s OSIRIS-REx snatch a sample from near-Earth asteroid Bennu

NASA’s OSIRIS-REx probe is about to touch down on an asteroid for a smash-and-grab mission, and you can follow its progress live — kind of. The craft is scheduled to perform its collection operation this afternoon, and we’ll know within minutes if all went according to plan. OSIRIS-REx, which stands for Origins Spectral Interpretation Resource […]
techcrunch - 29 minutes ago
Equity Shot: The DoJ, Google, and the suit could mean for startups - techcrunch

Equity Shot: The DoJ, Google, and the suit could mean for startups

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. It’s a big day in tech because the US Federal Government is going after Google on anti-competitive grounds. Sure, the timing appears crassly political and the case is not picking up huge plaudits thus far for its air-tightness, […]
techcrunch - 59 minutes ago
7 investors discuss augmented reality and VR startup opportunities in 2020 - techcrunch

7 investors discuss augmented reality and VR startup opportunities in 2020

For all of the investors preaching that augmented reality technology will likely be the successor to the modern smartphone, today, most venture capitalists are still quite wary to back AR plays. The reasons are plentiful, but all tend to circle around the idea that it’s too early for software and too expensive to try to […]
techcrunch - 1 hour ago
Root targets $6B+ valuation in pending IPO, a boon for insurtech startups - techcrunch

Root targets $6B+ valuation in pending IPO, a boon for insurtech startups

This morning Root Insurance, a neo-insurance provider that has attracted ample private capital for its auto-insurance business, is targeting a valuation of as much as $6.34 billion in its pending IPO. The former startup follows insurtech leader Lemonade to the public markets during a year in which IPOs have been well-received by investors focused more […]
techcrunch - 1 hour ago
Egnyte introduces new features to help deal with security/governance during pandemic - techcrunch

Egnyte introduces new features to help deal with security/governance during pandemic

The pandemic has put stress on companies dealing with a workforce that is mostly — and sometimes suddenly — working from home. That has led to rising needs for security and governance tooling, something that Egnyte is looking to meet with new features aimed at helping companies cope with file management during the pandemic. Egnyte […]
techcrunch - 2 hours ago
French TV networks team up to launch streaming service Salto - techcrunch

French TV networks team up to launch streaming service Salto

There’s a new streaming service in France called Salto. The companies behind the new service have been around for a while though. Salto is a joint initiative between TF1, France Télévisions and M6 — three major TV networks. Those companies already had their own apps with live TV and ad-supported catch-up content. And of course, […]
techcrunch - 2 hours ago
Investors appear to shrug at antitrust lawsuit aimed at Google - techcrunch

Investors appear to shrug at antitrust lawsuit aimed at Google

Investors do not seem concerned that the Department of Justice filed an antitrust suit against Google earlier today. The suit, seen by some as a stunt near the election, is one of a multi-part push to change the face of the technology industry, which has seen its wealth and power expand in recent years. For […]
techcrunch - 2 hours ago
Meadow launches a powerful mobile marketing tool for cannabis dispensaries - techcrunch

Meadow launches a powerful mobile marketing tool for cannabis dispensaries

Meadow was once called the Amazon of weed. Now it’s trying to be the Salesforce of weed, too. Meadow, the maker of a popular point of sale system for cannabis dispensaries, is today launching new tools for its clients. Called the Meadow Platform, it includes two key tools for dispensaries: a customer relationship manager (CRM) […]
techcrunch - 2 hours ago
Google announces slew of Chrome OS features to help extend enterprise usage - techcrunch

Google announces slew of Chrome OS features to help extend enterprise usage

As companies have moved to work from home this year, working on the internet has become the norm, and it turns out that Chrome OS was an operating system built for cloud-based applications. But most enterprise use cases are a bit more complex, and Google introduced some new features today to make it easier for […]
techcrunch - 2 hours ago
Microsoft Azure announces its first region in Austria - techcrunch

Microsoft Azure announces its first region in Austria

Microsoft today announced its plans to launch a new data center region in Austria, its first in the country. With nearby Azure regions in Switzerland, Germany, France and a planned new region in northern Italy, this part of Europe now has its fair share of Azure coverage. Microsoft also noted that it plans to launch […]
techcrunch - 3 hours ago
Call analytics platform Invoca expands into sales, e-commerce and customer experience - techcrunch

Call analytics platform Invoca expands into sales, e-commerce and customer experience

Invoca, which helps companies extract and use data from customer phone calls, is expanding today with the launch of products for e-commerce, customer experience and sales teams, as well as a new Invoca Exchange, where businesses can find all of the platform’s third-party integrations. The company is making these announcements as part of its virtual […]
techcrunch - 3 hours ago
Google calls DOJ’s antitrust lawsuit “deeply flawed” in GIF-laden blog response - techcrunch

Google calls DOJ’s antitrust lawsuit “deeply flawed” in GIF-laden blog response

Google was clearly anticipating today’s U.S. Department of Justice antitrust complaint filing – the company posted an extensive rebuttal of the lawsuit to its Keyword company blog. The post, penned by SVP of Global Affairs and Google Chief Legal Officer Kent Walker, suggests that the DOJ’s case is “deeply flawed” and “would do nothing to […]
techcrunch - 3 hours ago
Google Photos revives its prints subscription service, expands same-day print options - techcrunch

Google Photos revives its prints subscription service, expands same-day print options

Google Photos is reviving its photo printing subscription service and introducing same-day prints. The company earlier this year had briefly tested a new program that used A.I. to suggest the month’s 10 best photos, which were then shipped to your home automatically. But Google ended the test on June 30. During the trial, Google had […]
techcrunch - 3 hours ago
Beam is building a web browser that gathers knowledge from your web activity - techcrunch

Beam is building a web browser that gathers knowledge from your web activity

Remember Netscape Navigator and Internet Explorer? Those applications from the 1990s used emphatic metaphors in their names to talk about a simple task — browsing the web. Today, nobody would say that Google Chrome is a web explorer. Browsing the web has become an effortless — and often mindless — task. You grab your phone or […]
techcrunch - 3 hours ago
Robotic kitchen startup YPC raises a $1.8M seed round - techcrunch

Robotic kitchen startup YPC raises a $1.8M seed round

Montreal-based YPC Technologies today announced that it has raised a $1.8 million seed round. Led by Hike Ventures and Real Ventures, the funding includes participation from Toyota AI Ventures and Uphill Capital, among others, designed to help the company pilot its kitchen robotics technology. Toyota’s funding came as part of the company’s “Call of Innovation,” […]
techcrunch - 4 hours ago
As Blizzard sunsets StarCraft II, some of its key creators raise cash for a new gaming studio - techcrunch

As Blizzard sunsets StarCraft II, some of its key creators raise cash for a new gaming studio

Even as Blizzard pulls the plug on new updates for its StarCraft II game, nearly a decade after its launch, gaming investors are financing the next new thing coming from key members of the game’s early development team. Blizzard vets Tim Morten, the former production director for StarCraft II; and Tim Campbell, the lead campaign […]
techcrunch - 4 hours ago
As startups accelerate in record Q3, Europe and Asia rack up huge VC results - techcrunch

As startups accelerate in record Q3, Europe and Asia rack up huge VC results

Venture capital activity in Europe and Asia saw a strong return to form in Q3, data indicates. The two continents enjoyed more venture capital investment into their local startups than in some time, underscoring that strong VC results the United States saw in the third quarter were not a fluke, but part of a broader […]
techcrunch - 4 hours ago
Leading a $15 million round, Prosus Ventures makes the challenger bank Klar its first bet in Mexico - techcrunch

Leading a $15 million round, Prosus Ventures makes the challenger bank Klar its first bet in Mexico

Klar, a new online bank based in Mexico City, has become the first big bet that Prosus Ventures (the firm formerly known as Naspers Ventures) is taking in Latin America outside of Brazil. Founded by Stefan Moller, a former consultant at Bain & Co. who advised large banks, Klar blends Moller’s work experience in Mexico […]
techcrunch - 4 hours ago
Sym raises $9M Series A for its security workflow platform - techcrunch

Sym raises $9M Series A for its security workflow platform

Sym, a new platform that makes it easier for developers to integrate security and privacy workflows into their process, today announced that it has raised a $9 million Series A round led by Amplify Partners. Earlier this year, the company announced its $3 million seed round lead by Andy McLoughlin of Uncork Capital and Robin […]
techcrunch - 4 hours ago
Unusual Ventures’ Sarah Leary and John Vrionis join Extra Crunch Live today at 2 p.m. ET/11 a.m. PT - techcrunch

Unusual Ventures’ Sarah Leary and John Vrionis join Extra Crunch Live today at 2 p.m. ET/11 a.m. PT

Today at 2 p.m. ET/11 a.m. PT, Unusual Ventures’ Sarah Leary and John Vrionis are joining us over at the Extra Crunch Live stage! The Unusual Ventures team has investments spanning the consumer and enterprise space, including Robinhood, AppDynamics, Mulesoft, Winnie and more. That short list could be the basis for a fascinating chat, but […]
techcrunch - 5 hours ago
LOAD MORE TECH
bbc
gadgets to use
geeky gadgets
gizmodo
jalopnik
jezebel
kotaku
lifehacker
ny times
pocket lint
readwrite
tech republic
tech world
techcrunch
technology
the inventory
the next web
venture beat
wired
count
sauces
help
I'm confused... What am I doing here?

Choose which sources you wish to remain and you're all set. Use the buttons to turn sources on and off.

What do the different colours mean?

Depending on if any articles/links are visible on the page there are 4 modes to show the state of your chosen sources.

on / visible on page

off / visible on page

on / not visible on page

off / not visible on page

techcrunch
Philippines payment processing startup PayMongo lands $12 million Series A led by Stripe

Philippines payment processing startup PayMongo lands $12 million Series A led by Stripe

techcrunch - 3 weeks ago

Stripe has led a $12 million Series A round in Manila-based online payment platform PayMongo, the startup announced today.

PayMongo, which offers an online payments API for businesses in the Philippines, was the first Filipino-owned financial tech startup to take part in Y Combinators accelerator program. Y Combinator and Global Founders Capital, another previous investor, both returned for the Series A, which also included participation from new backer BedRock Capital.

PayMongo partners with financial institutions, and its products include a payments API that can be integrated into websites and apps, allowing them to accept payments from bank cards and digital wallets like GrabPay and GCash. For social commerce sellers and other people who sell mostly through messaging apps, the startup offers PayMongo Links, which buyers can click on to send money. PayMongos platform also includes features like a fraud and risk detection system.

In a statement, Stripes APAC business lead Noah Pepper said it invested in PayMongo because “weve been impressed with the PayMongo team and the speed at which theyve made digital payments more accessible to so many businesses across the Philippines.”

The startup launched in June 2019 with $2.7 million in seed funding, which the founders said was one of the largest seed rounds ever raised by a Philippines-based fintech startup. PayMongo has now raised a total of almost $15 million in funding.

Co-founder and chief executive Francis Plaza said PayMongo has processed a total of almost $20 million in payments since launching, and grown at an average of 60% since the start of the year, with a surge after lockdowns began in March.

He added that the company originally planned to start raising its Series A in in the first half of next year, but the growth in demand for its services during COVID-19 prompted it to start the round earlier so it could hire for its product, design and engineering teams and speed up the release of new features. These will include more online payment options; features for invoicing and marketplaces; support for business models like subscriptions; and faster payout cycles.

PayMongo also plans to add more partnerships with financial service providers, improve its fraud and risk detection systems and secure more licenses from the central bank so it can start working on other types of financial products.

The startup is among fintech companies in Southeast Asia that have seen accelerated growth as the COVID-19 pandemic prompted many businesses to digitize more of their operations. Plaza said that overall digital transactions in the Philippines grew 42% between January and April because of the countrys lockdowns.

PayMongo is currently the only payments company in the Philippines with an onboarding process that was developed to be completely online, he added, which makes it attractive to merchants who are accepting online payments for the first time. “We have a more efficient review of compliance requirements for the expeditious approval of applications so that our merchants can use our platform right away and we make sure we have a fast payout to our merchants,” said Plaza.

If the momentum continues even as lockdowns are lifted in different cities, that means the Philippines central bank is on track to reach its goal of increasing the volume of e-payment transactions to 20% of total transactions in the country this year. The government began setting policies in 2015 to encourage more online payments, in a bid to bolster economic growth and financial inclusion, since smartphone penetration in the Philippines is high, but many people dont have a traditional bank account, which often charge high fees.

Though lockdown restrictions in the Philippines have eased, Plaza said PayMongo is still seeing strong traction. “We believe the digital shift by Filipino businesses will continue, largely because both merchants and customers continue to practice safety measures such as staying at home and choosing online shopping despite the more lenient quarantine levels. Online will be the new normal for commerce.”

sauce: techcrunch
CLOSE