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Startups

Microsoft and Uber alum raises $3M for YC-backed Munify, a neobank for the Egyptian diaspora | TechCrunch

Khalid Ashmawy remembers the first time he wired money home while studying in Europe.He had just received his monthly stipend as a master’s student in Stuttgart and wanted to send part of it back to his family in Cairo....

Investors are loving Lovable | TechCrunch

Investors are clamoring to get onto Swedish vibe-coding startup Lovable’s cap table, making unsolicited offers of investment that value the company at more than $4 billion, reports Financial Times. Lovable CEO Anton Osika isn’t currently engaging with the flurry of...

More than 10 European startups became unicorns this year | TechCrunch

Funding season is about to restart in Europe after the summer lull, and if all goes well, it will be counting new unicorns in dozens — plural. While mega-rounds are less common than they were in 2021, this hasn’t...

With India’s corporate banking lagging decades behind consumer fintech, TransBnk raises $25M to bridge the gap | TechCrunch

While digitization has transformed banking for Indian consumers, corporate banking has been left in the slow lane — still relying heavily on clunky infrastructure, paper trails, and spreadsheet-heavy workflows. TransBnk wants to address that gap, and Bessemer Venture Partners...

Exclusive: Assort Health nabs $50M to automate patient phone calls, sources say

Assort Health, a startup that uses AI to automate patient communication for specialty healthcare practices, has raised about $50 million in a Series B round at a valuation of $750 million, according to three sources familiar with the deal....

Road to Battlefield: Central Eurasia’s largest startup competition in history sends four winners to TechCrunch Startup Battlefield | TechCrunch

The startup ecosystem in Central Eurasia is having its moment. What started as 485 applications from across 27 countries — including Armenia, Azerbaijan, Estonia, Georgia, India, Kazakhstan, Kyrgyzstan, Mexico, Moldova, Mongolia, Pakistan, Qatar, Romania, Singapore, South Korea, Spain, Tajikistan,...

Exclusive: Yottar wants to help energy users find capacity on the electrical grid | TechCrunch

From AI to EVs, the world’s demand for power is soaring, and the electrical grid is feeling the squeeze. Enter Yottar, a startup that maps electrical grid capacity to help companies figure out where they can plug in new data...

Pintarnya raises $16.7M to power jobs and financial services in Indonesia | TechCrunch

Pintarnya, an Indonesian employment platform that goes beyond job matching by offering financial services along with full-time and side-gig opportunities, said it has raised a $16.7 million Series A round.The funding was led by Square Peg with participation from...

Aspiration co-founder to plead guilty to $248M fraud scheme | TechCrunch

Sustainability-focused fintech Aspiration was flying high a few years ago, attracting famous investors including Orlando Bloom, Leonardo DiCaprio, and Robert Downey Jr. Now, its co-founder will plead guilty to helping perpetuate a $248 million fraud scheme, according to U.S....

Exclusive: YC-backed Oway raises $4M to build a decentralized ‘Uber for freight’ | TechCrunch

Thousands of semitrucks that cut across the U.S. highway system each day are harboring a secret: They’re only about half full.That inefficiency represents a multibillion-dollar opportunity. And one that a few companies like Uber Freight and Flock Freight are...
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Hippo capsizes boat in Ivory Coast; 11 people missing, including children and baby

Eleven people, including children and a baby, were missing after a hippopotamus capsized their boat...
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