article thumbnail

Wannabe ‘social bank’ Kroo swerves VCs to raise a $24.5M Series A from HNWs

TechCrunch

Launched in February 2019, Kroo, the London-based consumer-facing fintech, raised some seed funding last year for its prepaid card service which claims to offer more “social features” in its drive toward offering full-blown banking services. B-Social, the UK fintech building a ‘social bank,’ raises additional £7.8M

Banking 253
article thumbnail

Social stock trading services Public raises $65M Series C

TechCrunch

Less than a year after it raised a $15 million Series B, Public , a social-focused free stock trading service, has raised a $65 million Series C. While competing services to Public also sport zero-cost trading, Public’s model hinges on a social focus (TechCrunch covered an element of Public’s social platform here , for example).

Social 250
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Daily Crunch: Kanye West reaches agreement to acquire social media platform Parler

TechCrunch

That, that, that don’t kill me, can only make me stronger ” : Two of our top stories for today centered on the same topic — Kanye West, who now goes by Ye, surprising us all by announcing he was going to buy the conservative social media site Parler. The TechCrunch Top 3. Manish has the basics on the deal. You can sign up here.

Media 252
article thumbnail

8 major IT disasters of 2024

CIO

Microsoft in February launched an investigation of its Copilot AI chatbot after reports on social media of it taunting users who suggested they were considering suicide. One glitch blocked parents without Social Security numbers from filling out the form. The form was available only sporadically between late December and early January.

Malware 204
article thumbnail

Snapchat+ keeps growing as net revenue tops $20M for first time

TechCrunch

Snapchat’s premium subscription is showing no signs of slowing growth as it comes off its best month ever, in terms of in-app revenue, new data indicates.

.Net 262
article thumbnail

YC W22 batch nets 24 African startups, including 18 from Nigeria

TechCrunch

Founders : Before beU delivery, Hao Zheng, who leads the team as chief executive, was the founder and CEO of Yooul, a social networking app in China. Founders : CEO Taiwo Akinropo had launched a social discovery platform for students while in the university and worked on a mobile payment solution for merchants.

.Net 228
article thumbnail

Coinbase files to go public in a key listing for the cryptocurrency category

TechCrunch

In 2020 the company’s net income rose to $127.5 Working for social justice isn’t a ‘distraction’ for mission-focused companies. million, and net income of $176.8 In 2019 Coinbase $30.4 million against $533.7 million in revenue. million against $1.28 billion in revenue.

.Net 270