Koyo raises $4.9M in equity and debt to use open banking to offer loans to people with ‘thin’ credit files – TechCrunch

Koyo, a fintech startup using open banking to offer loans to people with “thin” credit files and currently poorly served by the market, has closed $4.9 million in funding. The round — a mixture of debt and equity funding — is led by Forward Partners, with participation from Seedcamp. Other investors include Christian Faes (founder…

Meet Utah’s next unicorn – TechCrunch

Weave, a developer of patient communications software focused on the dental and optometry market, was the first Utah-headquartered company to graduate from Y Combinator in 2014. Now, it’s poised to enter a small but growing class startups in the ‘Silicon Slopes’ to garner ‘unicorn’ status. The business announced a $70 million Series D last week…

You break it, you buy it – TechCrunch

Hey everyone. Thank you for welcoming me into you inbox yet again. Last week, I talked about Zuckerberg’s quest to tell us that Facebook has governing principles when he’s really just building the stairs one step at a time. If you’re reading this on the TechCrunch site, you can get this in your inbox here,…

SoftBank is screwing up – TechCrunch

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I wrote about All Raise’s expansion, Uber the TV show and the unicorn from down under. Remember, you can send me tips,…

From the NBA to Sequoia to TikTok and more, a week of national security concerns with China – TechCrunch

It has been a tough week for China-U.S. relations. Vice President Mike Pence ratcheted up the administration’s rhetoric yesterday, calling the NBA “a wholly owned subsidiary of the authoritarian regime” in China while the league’s commissioner Adam Silver continued to try to tamp down the intensity of criticism over the league’s business, saying in an…

In a victory over Amazon, Microsoft wins $10B Pentagon JEDI cloud contract – TechCrunch

The U.S. Department of Defense today announced that Microsoft has won its Joint Enterprise Defense Infrastructure (JEDI) cloud contract, worth up to $10 billion over a period of 10 years. With this, Microsoft will provide infrastructure and platform services for both the Pentagon’s business and mission operations. “The National Defense Strategy dictates that we must…