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Foursquare founder banks funding for mystery 3D social network startup

TechCrunch

The trio say they have banked $4 million in early funding led by DCVC for their project. Foursquare founder Dennis Crowley is on the co-founding team of a new startup called LivingCities , alongside Matt Miesnieks, who sold his most recent startup 6D.ai Other backers include Eniac Ventures, Anorak and Matthew Ball.

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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. Kroo will use the funding in its drive toward a full banking license in early 2022.

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Beyond Bank CIO: Balancing tradition and innovation in the digital age

CIO

Beyond Bank Australia is one of the largest customer-owned banks in Australia and one of the leading B Corps in the country. That certification measures your company’s social and environmental impact, both of which we’re super proud of, but it’s also deeply rooted in our culture. We’re a very relationship-led bank.

Banking 153
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This new banking app wants to help with the financial woes of retirement

TechCrunch

Different demographics often have different banking needs. So it’s no surprise that we have seen a flurry of financial technology startups offering banking services catered to certain populations based on factors such as age and ethnicity. Like many fintechs, Charlie is not a bank — its banking partner is Sutton Bank.

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Digital banking solutions provider Meniga closes additional €10M investment

TechCrunch

Meniga , the London fintech that provides digital banking technology to leading banks, has closed €10 million in additional funding. Meniga says the funding will be used for continued investment in R&D, and in particular further development of green banking products — building on its carbon spending insights product.

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UK challenger bank Starling raises $376M, now valued at $1.9B

TechCrunch

Challenger banks continue to see huge infusions of cash from investors bullish on the opportunity for smaller and faster-moving tech-based banking startups to woo customers from their larger rivals. The bank is already profitable. Challenger bank Starling is out raising a new £200M funding round. billion) post-money.

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Indian social network Public App raises $41 million

TechCrunch

Public App, a location-based social network that connects individuals to people in their vicinity, has raised $41 million in a new round, just six months after securing $35 million as the hyper-local Indian startup looks to expand its presence in the world’s second-largest internet market.

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