On April 4, the U.K.’s development finance institution, Commonwealth Development Corporation (CDC) Group, formally changed its name to British International Investment. As part of the name change, the development... Read more »
Aiming to compete with Bilt in the nascent property renter rewards market, Stake, a startup that provides cash back and banking services to renters, today announced that it raised... Read more »
Mottu, a São Paulo-based motorcycle rental startup, has raised $30 million in equity in a Series B round of funding. The company, which aims to give independent couriers a... Read more »
The recent collapse of UST has once again demonstrated that many of the so-called stablecoins in the web3 world today are tied to high-risk and often unsustainable assets. As... Read more »
Apple announced Thursday that developers can now use a third-party payment system for the South Korea App Store. The company specified that developers will need to submit a separate... Read more »
Samsung Electronics said Thursday it has kicked off mass production of 3-nanometer chips, becoming the first company to do so globally, as it aims to beat Taiwan Semiconductor Manufacturing... Read more »
When Yoeal Haile started Aspira, a lending service, in 2017, he wanted to give Kenyans more choice about buying stuff on credit. The business eventually grew to a point... Read more »
India’s Lenskart is buying a majority stake in Japan’s Owndays, the two firms said, creating one of Asia’s biggest online retailers of eyewear. The firms did not disclose the... Read more »
Opensea, the popular NFT marketplace that hit a colossal $13 billion valuation in January, is warning users of email phishing after a data breach. A staff at Customer.io, an... Read more »
Consumer packaged goods companies — think PepsiCo or Nabisco — face steep challenges from the rising cost of living and distribution. As inflation continues unabated, consumers’ disposable income isn’t... Read more »
