In November 2017, PayPal announced it had agreed to sell $5.8 billion in consumer credit receivables to Synchrony Financial as a part of an expanded relationship between the two companies. That deal has now closed, with Synchrony actually acquiring $7.6 billion in receivables, including PayPal’s U.S. consumer credit portfolio, totaling $6.8 billion at the close, as […]
Light, the company behind the wild L16 camera, is building a smartphone equipped with multiple cameras. According to The Washington Post, the company is prototyping a smartphone with five to nine cameras that’s capable of capturing a 64 megapixel shot. The entire package is not much thicker than an iPhone X, the Post reports. The additional […]
When we last met UDOO, the team was building a powerful Raspberry Pi-based DIY board with a bunch of impressive features, including more ports and a better processor. Now the team behind the first units has released the UDOO BOLT, a DIY board that can run “AAA games” thanks to a built-in AMD Ryzen Embedded […]
PlayStation Vue, welcome to the price-hike party. Sony’s over-the-top TV streaming service is the latest to raise the price of its subscription service, which will now cost $5 more per month across all four tiers. That means Vue’s cheapest plan will now cost $44.99 per month instead of $39.99 per month. The most expensive plan […]
Airbnb is testing a new payments feature for hosts, letting them get partially paid out at the time of booking. This feature isn’t rolling out to everyone just yet, as Airbnb says that this is just a preliminary test to gauge interest. Invited hosts simply opt in to payout splitting to check out the feature. […]
Trōv, the on-demand personal property insurance service, is launching in the U.S., the company announced today. Trōv’s first port of call in the U.S. will be Arizona. The service is already available in the U.K. and Australia, where customers have signed up to insure items 1 million times since the company first launched its business. […]
If you’re looking for a way to launch your pre-Series A startup to the world, there’s no better platform for that than TechCrunch’s premier startup-pitch competition, Startup Battlefield. And now, for the first time ever, founders of early-stage startups across the Middle East and North Africa can take advantage of that awesome launch pad. You […]
Airwallex, a three-year-old fintech startup focused on international payments for SMEs and businesses, is putting itself on the map after it raised an $80 million Series B round. Based out of Melbourne, but with six offices in Asia and other parts of the world, Airwallex’s new funding round is the second-largest financing deal for an […]
Our TC Sessions: Blockchain event takes place in Zug, Switzerland, this coming Friday (July 6), but we are also excited to host the TechCrunch Ethereum Meetup the very next day. We are putting on the meetup with support from the Ethereum Foundation and other members of the Ethereum community, and now we can reveal the agenda […]
MeetFrank, aka a ‘secret’ recruitment app that uses machine learning plus a chatbot wrapper to take the strain out of passive job hunting and talent-to-vacancy matching, has closed a €1 million (~$1.1M) seed funding round to fuel market expansion in Europe. Hummingbird VC, Karma VC, and Change Ventures are the investors. The Estonian startup was only founded […]