Loans marketplace Mintos scores €5M Series A and plans to launch a debit card

Mintos, the Latvian fintech that operates a global loans marketplace to let you invest in loans from various loan originators, has raised €5 million in Series A funding. Backing the startup once again is the Riga-based venture capital firm Grumpy Investments (previously known as Skillion Ventures). More noteworthy, the new capital will be used to…

Challenger bank Tandem partners with Stripe for upcoming ‘Auto Savings’ feature

Tandem, the U.K. challenger bank, is gearing up to launch a new “Auto Savings” feature — a clever way to lower the barriers for Tandem app users who want to save for a rainy day — and to power the feature the company is partnering with Stripe. The latter in itself isn’t necessarily huge news…

The forgotten ‘Facebook of China’ is sold for $20M

Renren, which was once heralded as the ‘Facebook of China’ and later became China’s answer to MySpace after falling out of fashion among its core young users, is selling its social networking business. Renren’s parent company Beijing Qianxiang Wangjing has agreed to sell all tangible and intangible assets of renren.com to Beijing Infinities Interactive Media,…

Withings launches a fitness tracker for some reason

Withings is back with, of all things, a fitness tracker. It’s a bit of an odd addition, two months after the company re-launched, post-Nokia. The company’s first product, the Steel HR Sport, picked up where it left off with another sport-focused hybrid smartwatch. The Pulse HR, meanwhile, finds it looking back at wrist-worn fitness trackers.…

Roivant Sciences, a four-year-old biotech holding company, just raised $200 million in fresh funding...

Roivant Sciences has had a bumpy couple of years, but that isn’t stopping investors from pouring more money into the four-year-old company, which aims to one day be a giant parent company for dozens of independent biopharmaceutical spinoffs — and is fulfilling that vision by creating one independent company at a time. Roivant’s newest financing…

Snap is being probed over its IPO because some investors are salty about losing...

Here’s something I didn’t expect to read today. The U.S. Justice Department and Securities and Exchange Commission has subpoenaed Snap for details on its IPO apparently in connection with a lawsuit from disgruntled shareholders who claim the company played down its rivalry with Instagram. Reuters first reported on the subpoenas which Snap has confirmed. Precise details…

Skincare startup Heyday raises $8M

Heyday, a startup aiming to make facials more affordable and personalized, announced today that it has raised $8 million in Series A funding. I first wrote about the company a year ago, when it raised its $3 million seed round. At the time, co-founder and CEO Adam Ross said his goal was to offer something…
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Discover the next messaging giant at Disrupt Berlin

Truecaller may already be a familiar name, but many of you probably don’t know that it’s slowly becoming a significant messaging app. That’s why I’m excited to announce that Truecaller co-founder and CEO Alan Mamedi will join us at TechCrunch Disrupt Berlin. Truecaller first started as a call screening app. Some countries are more affected…

Get your Startup Alley exhibitor table for Disrupt Berlin 2018

It’s just two weeks until Disrupt Berlin 2018 kicks off for two full days dedicated to the early-stage startup universe. On 29-30 November, you’ll have a front row seat to the most innovative and exciting companies, thought leaders and technologies across Europe and beyond. Why not shine a spotlight on your startup? Buy a Startup…

Challenger bank Tandem partners with Stripe for upcoming ‘Auto Savings’ feature

Tandem, the U.K. challenger bank, is gearing up to launch a new “Auto Savings” feature — a clever way to lower the barriers for Tandem app users who want to save for a rainy day — and to power the feature the company is partnering with Stripe. The latter in itself isn’t necessarily huge news…
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