The race to bring China-made goods to Western consumers via online stores is heating up. Pinduoduo, the Chinese e-commerce giant known for offering hard-to-believe deals, has quickly gained momentum for its first international endeavor in the U.S. The company’s overseas shopping app, called Temu, briefly claimed the top spot of Android shopping apps in the…
Eco-conscious vehicle renters can soon expect to see EVs from GM brands Buick, Chevrolet, Cadillac, GMC and even commercial delivery unit BrightDrop at Hertz rental locations. The car rental giant said Tuesday it plans to order up to 175,000 electric vehicles from General Motors over the next five years, with first deliveries of Chevy Bolt…
Monese, the London-based fintech that provides digital banking and remittance services to consumers and businesses across Europe, has raised $35 million from global banking giant HSBC. Founded in 2013, Monese is one of several so-called “challenger” banks to emerge from the U.K. capital, serving customers with a range of online-only services including standard cash accounts, savings,…
A group of former Meta engineers is building a platform to help enterprises deploy machine learning models at the speed of big tech companies. Their startup, TrueFoundry, has raised $2.3 million in a funding round. The San Francisco, California-headquartered startup automates repetitive tasks in the machine learning pipeline to allow data scientists and engineers to…
When it comes to fintech, consumers have commanded the most attention in the last decade, with banking, credit, investing and other legacy services getting the disruption treatment. But at the same time, there’s been a growing trend for building more for the B2B market, and today one of the newer hopefuls in that space is…
After getting Sherlocked by Apple’s AirTag and exiting to Life360 late last year, lost item tracker Tile is launching a new product — and it’s not a hardware device. Today, the company introduced new “Lost and Found” labels, which are simply QR code stickers that you can place on anything that might go missing. By…
Two years before Youcef Oudjidane co-founded Sudanese fintech Bloom after failing to find startups tackling currency depreciation in Africa to invest in, he was the managing partner and head of EMEA (Europe, Middle East and Africa) at Class 5 Global, a San Francisco-based venture fund with a keen interest in emerging markets. But Class 5…
Michael Seibel is synonymous with Y Combinator’s growth over the past decade. He has opinions on bigger batch sizes, a growing standard deal, competition, the power of venture capital and why startup founders should be prioritizing more than just a check after Demo Day. Seibel spoke to TechCrunch’s Equity podcast, co-hosted by Natasha Mascarenhas and…
Michael Seibel is synonymous with Y Combinator’s growth over the past decade. He has opinions on bigger batch sizes, a growing standard deal, competition, the power of venture capital and why startup founders should be prioritizing more than just a check after Demo Day. Seibel spoke to TechCrunch’s Equity podcast, co-hosted by Natasha Mascarenhas and…
Michael Seibel is synonymous with Y Combinator’s growth over the past decade. He has opinions on bigger batch sizes, a growing standard deal, competition, the power of venture capital and why startup founders should be prioritizing more than just a check after Demo Day. Seibel spoke to TechCrunch’s Equity podcast, co-hosted by Natasha Mascarenhas and…
