AWS follows Microsoft into the Middle East, opening new region in Bahrain: Ron Miller
AWS, Amazon’s cloud arm, announced today that it has opened a Middle East Region in Bahrain. The Middle East is an emerging market for cloud providers and is this new region is part of a continuing expansion for the cloud giant. Today’s news comes on the heel…
Blockchain (the company) launches an exchange (The Pit): Romain Dillet
The company called Blockchain is mostly known for its cryptocurrency wallet. Today, the company is also launching an exchange so that you can buy and sell cryptocurrencies without going through a third-party exchange. The company’s exchange is called The Pit …
Techstars nabs $42M to expand its global presence: Kate Clark
SVB Financial Group, the holding company of Silicon Valley Bank, invests in Techstars.
Real estate platform Compass raises another $370M on a $6.4B valuation en route to an IPO: Ingrid Lunden
The real estate market will forever go through ups and downs, but today comes big news for a startup in the space that has built a platform that it believes can help all players in it — buyers, sellers, and those who help with the buying and selling — no matt…
Monday.com raises $150M more, now at $1.9B valuation, for workplace collaboration tools: Ingrid Lunden
Workplace collaboration platforms have become a crucial cornerstone of the modern office: workers’ lives are guided by software and what we do on our computers, and collaboration tools provide a way for us to let each other know what we’re working on, and how…
Truecaller pushes software fix after covertly signing up Indians to its payments service: Manish Singh
Truecaller, a service that helps users screen robocalls, has rolled out an update to its app in India, its largest market, after a previous software release covertly signed up an unspecified number of users to its payments service. A number of users in India …
China's Vivo is eyeing smartphone users in Africa and Middle East: Rita Liao
Africa’s mobile phone industry has in recent times been dominated by Transsion, a Shenzhen-based company that is little known outside the African continent and is gearing up for an initial public offering in China. Now, its Chinese peer Vivo is following its …
Why this Nigerian fintech startup is volunteering audited financials: Jake Bright
Nigerian fintech firm Carbon — an early stage financial services startup based in Lagos — has posted financials audited by KPMG on its website. This comes four months after the company obtained a credit rating as a pre-IPO venture. Carbon — which recently reb…
Mobile messaging financial advisory service, Stackin, adds banking features and raises cash: Jonathan Shieber
When Stackin initially pitched itself as part of Techstars Los Angeles accelerator program two years ago, the company was a video platform for financial advice targeting a millennial audience too savvy for traditional advisory services. Now, nearly two years …
Capital One's breach was inevitable, because we did nothing after Equifax: Zack Whittaker
Another day, another massive data breach. This time it’s the financial giant and credit card issuer Capital One, which revealed on Monday a credit file breach affecting 100 million Americans and 6 million Canadians. Consumers and small businesses affected are…
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