March 29, 2024

Web and Technology News

Theory Venture’s Tomasz Tunguz unveils 2024 predictions: AI dominance, resurging Web3, and the new normal of tech investments

At the end of 2022, like many, I made some predictions about what 2023 would bring to the technology investing ecosystem. Namely, the Fed would tame inflation, and the fundraising market would thaw, but overall, claiming that 2023 would be the first ye…

Well done, Pismo and Visa! You gave SoftBank a win

Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. All the cool kids are filling out the Equity listener survey. We want to hear from you!  Mary Ann and Alex are back for another busy news week chock full of deals to chew through. Here’s […]

Well done, Pismo and Visa! You gave SoftBank a win by Theresa Loconsolo originally published on TechCrunch

As the generative AI craze rages on, Ramp acquires customer support startup Cohere.io

Want more fintech news in your inbox? Sign up here. Finance automation company Ramp has acquired Cohere.io, a startup that built an AI-powered customer support tool, the companies told TechCrunch exclusively. Founded in 2020, New York-based Cohere.io (not to be confused with Cohere, another AI startup that recently raised capital) raised $3.1 million in a […]

As the generative AI craze rages on, Ramp acquires customer support startup Cohere.io by Mary Ann Azevedo originally published on TechCrunch

Vodafone and Three plan to merge in the UK in a $19B deal (if regulators approve)

The mobile market in Europe and the U.K. — once orchestrated to be ripe ground for competition — has been on a long-term course of consolidation, and the latest chapter in that story was made official today. Vodafone Group and Hutchison Group have announced a plan to merge their U.K. carriers, respectively the eponymous Vodafone […]

Vodafone and Three plan to merge in the UK in a $19B deal (if regulators approve) by Ingrid Lunden originally published on TechCrunch

FIS acquires, and Better.com lays off

Welcome back to The Interchange! If you want this in your inbox, sign up here. We’ll be taking a break next weekend as Mary Ann and Christine both take much-needed vacations (we didn’t plan this, honestly!) but don’t worry, The Interchange will be back in your inbox on June 25. Consolidation continues in the world of fintech Last […]

FIS acquires, and Better.com lays off by Christine Hall originally published on TechCrunch

FIS acquires banking-as-a-service startup Bond

Consolidation continues apace in the world of fintech. FIS, the fintech giant that runs a wide range of payment, banking and investment services, has acquired Bond, a startup that specializes in embedded finance, multiple sources confirmed today.  Fintech Business Weekly’s Jason Mikula broke the news last week that the deal was in the works. Our […]

FIS acquires banking-as-a-service startup Bond by Ingrid Lunden originally published on TechCrunch

Okay, which analyzes engineers’ productivity, sells to Stripe

Fintech giant Stripe has acquired Okay, a startup that developed a low-code analytics software to help engineering leaders better understand how their teams are performing, the companies told TechCrunch exclusively. Founded in 2019, Okay participated in Y Combinator’s Winter 2020 cohort before going on to raise a total of $6.6 million in capital from the […]

Okay, which analyzes engineers’ productivity, sells to Stripe by Mary Ann Azevedo originally published on TechCrunch

Acorns acquires UK’s GoHenry, a fintech focused on 6-18 year olds

U.S.-based savings and investing startup Acorns has acquired London-based GoHenry, a startup focused on providing money management and financial education services to 6-18 year-olds in an all-equity deal, the two companies announced today. The combined valuation of the company, as well as further financial terms, were not disclosed. When Acorns last raised funding, $300 million […]

Acorns acquires UK’s GoHenry, a fintech focused on 6-18 year olds by Mary Ann Azevedo originally published on TechCrunch