“There are two types of competition for us at Loot: the banks and the money management apps,” Loot founder Ollie Purdue tells me. The U.K. startup, founded in 2014 while now 24 year old Purdue was finishing up university, offers a digital-only current account aimed at students and millennials. It comes with a MasterCard and
In the midst of an reputational makeover, Taylor Swift is debuting a brand new app called The Swift Life. The app is a dedicated social network for Swift’s fans, letting them communicate with each other as well as get exclusive pictures, video, news and more direct from T-Swift herself. And they can communicate with Swift,
Squarespace, the 14-year-old platform that makes it easy for essentially anyone to build their own website, is raising about $200 million from General Atlantic, valuing the company at a $1.7 billion valuation, Bloomberg reports. The plan with the funding is to buy stock from early employees and investors, giving them a way to cash out
Instacart is going through some growing pains right now, with Amazon buying Whole Foods this summer and target picking up Alabama-based Shipt in the last week. But growing pains come for a reason — the on-demand grocery delivery platform is getting bigger, just recently signing a deal with the third-largest grocery retailer in North America,
Finiata, the finance platform targeting SMEs, freelancers, and the self-employed that was founded by Sebastian Diemer, who previously co-founded credit scoring and loans company Kreditech, appears to be on somewhat of a roll. The company, formerly known as Bezahlt, has picked up €18 million of financing of its own, and already claims 5,000 customers. The
Co-working startup Mindspace recently raised $20 million from Crossroads, a private equity firm in the UK, as it gears up to launch its first two locations in the U.S. While Mindspace is looking to go big or go home in the U.S., it’s starting off slow with its first two locations in San Francisco and
The unbundling of the cable media empire is well underway, as players like Netflix grow and others like Hulu and YouTube offer live TV service. YouTube TV, in particular, is executing an aggressive rollout, just yesterday making the service available to another 34 markets. That brings us to a total of 83 U.S. markets in
In what should be an interesting beginning to the coming avalanche of ICO failures, the SEC has come down hard on Munchee, a company that built a $15 million token sale. The SEC chairman recently noted that coin offerings are, in fact, securities and that pre-sale participants must be registered with the SEC. The Munchee
Germany’s Penta is the latest European startup to throw its banking wares into the ring. The burgeoning company is launching a new digital bank account targeting SMEs. Running on top of Banking-as-a-Platform solarisBank, the new offering perhaps resembles something like Tide in the U.K., and is designed to meet all of the banking needs of
Traveling with a baby for the holidays? First you’ve got your own gear to worry about, then a stroller, something for the baby to sleep in, a baby carrier, toys, snacks, a diaper bag, possibly a car seat and whatever else the plane might allow you to shove into the overhead compartment or check at
Menlo Security, a startup with a unique approach to protecting your company from malware and phishing attacks, announced a $40 million Series C round today. Menlo protects customers by never letting employees access an actual website or email containing malware. Instead, they isolate the original in a container, then display a clean mirror image in
Lumoid, a tech gear rental startup is no longer in business and its founder Aarthi Ramamurthy is moving on to Facebook. The startup launched as just a “crazy idea,” when it came out of Y Combinator four and half years ago, Ramamurthy wrote on a Facebook post this weekend announcing the shut down. Lumoid went on
Although U.S. businesses may be poised for massive tax reductions, most tech startups have little immediate reason to celebrate. After all, the vast majority are unprofitable. So cutting the corporate income tax rate from 35 percent to 20 percent, as Congress has opted to do, has zero effect on their near-term finances. That said, what
Uber has settled its lawsuit with a woman (Jane Doe) who accused its now-former CEO Travis Kalanick, president of business in Asia Eric Alexander and SVP of business Emil Michael of improperly obtaining her medical records after she was raped by an Uber driver in Delhi, India. “A settlement has been reached and the Parties
Bitcoin’s price has risen stratospherically, a fact that leaves many minor players in the market with massive gains and many bigger players millionaires. But is this a bubble? Are the gains real? And are the bitcoin whales in for a sad Christmas? First we must understand what drives bitcoin price and, in particular, this boom.
When it comes to tracking the effectiveness of online advertising campaigns, PhoneWagon CEO Ryan Shank said there’s been a big piece missing for most businesses — namely, how often those campaigns lead to phone calls. Shank has plenty of experience in local marketing, having worked in sales at Yext, then serving as COO Mhelpdesk, which was
Burrow, a startup bringing a Casper-style approach to manufacturing and delivering sofas, is announcing that it has raised $4.3 million in seed funding. This might might not sound like the most obvious area for a startup to tackle — unless you’ve had the experience of trying to carry a couch up a twisty flight of
Netflix has been teasing the next season of Black Mirror at an excruciatingly slow pace. But now, we have everything we need to emotionally prepare for Season 4, including a release date. Yesterday, Netflix released the full Season 4 trailer, finally informing a desperate fanbase that the new season will be released on December 29.
Historically, financial organizations have watched forlornly through the front window while startups have adopted new and cool tools like Slack, Twitter, and Convo. Now they can join in the fun with something called Echofin. You can imagine the product as a sort of hyper-powered Slack for financial groups. Users can message each other and view
Earlier this year, Syte.ai, which develops visual search technology for fashion brands, raised $8 million from investors including top Asian tech firms NHN, Line Corp. and Naver. Now it’s unveiling a new API that makes adding visual search accessible to more e-commerce sites. Called Visual Search for All, the white-label feature can be integrated into
It’s been a bad few months for internet freedom in China (and really, a bad few decades, but who is counting?). The government brought into force a broad-ranging “cybersecurity law” earlier this year that empowers Beijing to take unilateral control over critical internet infrastructure, while also mandating that foreign companies keep all citizen data local
Inflect, a startup that wants to make it easier for businesses to buy their own internet infrastructure, today announced that it has raised a $3 million seed funding round. The service, which is still in preview, provides business with the necessary data to make their purchasing decisions when they go out and look for their
Foursquare’s VP of business development Mike Harkey, who has been with the company for more than five years, has left to join Google as its director of global product partnerships. His LinkedIn page shows that he joined Google this month after serving a lengthy tenure at Foursquare, which has seen a significant shift from an
As Pinterest looks to further expand beyond just the audience you’d expect to use it, it’s going to have to start chasing down users and meet them on different territories — and that includes messaging apps. So today Pinterest is launching a pair of updates that is going to help it tap into that audience
Amagi, a startup trying to rethink the way TV broadcasters deliver their content, is launching in the United States. As a TV viewer, you may not see any big issues with the current broadcast infrastructure, but Amagi says satellite delivery is expensive, time-consuming and limits a broadcaster’s ability to customize their content to different geographies.
Smartphones have made flipping through photo albums a relic of the past. It’s easy to peruse and share a digital photo archive, but some people miss looking through photos while sitting next to family and friends. At least that’s what motivated serial entrepreneur Alan Chan to create Joy, a smart photo album. He says that
Disrupt is back in Berlin, where 15 teams have just taken the stage as part of the Startup Battlefield. Each startup demonstrated their product and answered questions from our expert judges. Afterwards, we narrowed it down to five companies that will be competing tomorrow to take home €42,000 and the Battlefield Cup. Tune in tomorrow
Raising a Series A is hard for a founder. Especially when you consider they’re usually doing it for the first time, while the VCs on the other side of the table are essentially professional negotiators getting pitched and doing deals every day. So to help give founders a leg up Justin Kan’s new legal tech
Content distribution is hard. You want to keep enough of it close enough to favorite customers so they don’t have to wait and reduce latency for new data. That’s why WICASTR created the SMART Edge Platform, a system for sending content to the very edges of the network, including compatible local routers and access points.
Disrupt Berlin 2017 starts right now! Today, we’ll be hearing from industry leaders like Moia CEO Ole Harms, Slack CTO Cal Henderson, AngelPad’s Thomas Korte and Uncork Capital’s Andy McLoughlin. Plus, we’re kicking off the first day of the Startup Battlefield, with 15 companies launching their products on the Disrupt stage and answering to some