Sarah Perez
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CFPB fines fintech Wise, alleging it charged deceptive fees
The Consumer Financial Protection Bureau (CFPB) has hit UK-based remittance company Wise with about a $2 million fine for what it described as “a series of illegal actions.” Those actions include advertising inaccurate fees and failing to properly disc…
Makers Fund-backed virtual social app MEW woos comic fans in the US
Raven Gao didn’t set up virtual social platform MEW to ride the metaverse wave. He began working on MEW in mid-2019 with a Tencent veteran because he wanted to build a virtual safe haven for socially awkward introverts like himself. MEW’s interface can be perplexing for many people at first glance. The lingo and aesthetics […]
Ember’s journey from hot coffee to medication transport
Ember’s first Indiegogo campaign drew sideways glances when it launched in 2015. Would anyone actually buy a $129 heated coffee mug? Nearly a decade later, however, it’s clear that the initial pitch was merely the tip of the startup’s…