Apple alum’s finance operations startup raises funds to expand globally – TechCrunch

Bluecopa, an Indian startup building a finance operations automation platform for high-volume companies, has raised $2.3 million to expand its offering in the global market. The seed funding round was led by Mumbai-headquartered Blume Ventures, with participation from Titan Capital, T-Fund, Speciale Invest, Bharat Founders Fund, T2D3, Amplify and Force Ventures. It was also joined…

Y Combinator narrows current cohort size by 40%, citing downturn and funding environment – TechCrunch

Y Combinator says it has intentionally shrunk the number of startups within its accelerator for the Summer 2022 batch. As first reported by The Information and independently verified by TechCrunch, Y Combinator’s Summer 2022 cohort – currently in action – boasts nearly 250 companies, down 40% from the previous cohort, which landed at 414 companies.…

Identity verification company Youverify extends seed funding to $2.5M as it expands across Africa – TechCrunch

This past month has seen several African fintechs such as Flutterwave and Union54 make headlines for compliance checks and fraud issues. Both unlinked events re-emphasize the importance of know your customer (KYC) and anti-money laundering (AML) checks and why regulators enforce strict policies that financial institutions need to be held accountable to while operating across…

Hyundai Motor eyes acquisition of Korean lidar-free self-driving startup 42dot – TechCrunch

Hyundai Motor is considering increasing its stake in, or fully acquiring, the South Korea-based lidar-free autonomous mobility platform 42dot, the latest signal of its growing interest in the fast-growing space. A spokesperson of 42dot told TechCrunch that the startup is in talks with Hyundai Motor, but cautioned that terms including stake size and deal valuation…