Startups

Digital banking startup Mercury abruptly shuttered service for startups in Ukraine, Nigeria, other countries

Digital banking startup Mercury is no longer serving customers in certain countries, including Ukraine, the company confirmed to TechCrunch. Mercury made headlines earlier this year when it was caught up in federal scrutiny through one of its partners, Choice Bank, around the practice of allowing foreign companies to open accounts.  The FDIC was “concerned” that […]

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Cyabra, a startup helping companies and governments detect disinformation, plans to go public via SPAC

Cyabra, a Tel Aviv-based startup that helps public and private organizations detect and fight mis- and disinformation campaigns by finding fake accounts on social media, on Tuesday announced that it plans to merge with special purpose acquisition company (SPAC) Trailblazer Merger Corporation I and list on the NASDAQ. Founded in 2018, some of Cyabra’s investors

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Flashfood users can now save money on groceries at their local grocery store in addition to bigger chains

Flashfood, an app that provides people access to discounted food close to its best-by date, announced Tuesday that independently owned grocery stores are now on the app, enabling a larger number of shoppers to buy budget-friendly groceries. This is a notable move for the company, as small and independently owned grocery stores play a crucial

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India scraps ‘angel tax’ in boost to startups

India’s federal government has removed the controversial “angel tax” for all classes of investors, delivering a major victory to the country’s startup ecosystem that had lobbied for years against the measure. “To bolster the India startup ecosystem, to boost entrepreneurial spirit and support innovation, I propose abolishing angel tax for all classes of investors,” Finance

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The Scene’s new app helps New Yorkers find dining and nightlife spots

Choosing between New York City’s nearly 25,000 restaurants can be overwhelming. The pressure is especially high when you’re trying to impress a first date (or investor) or entertain family from out of town. A new app launched over the weekend to address precisely that. iOS-only “pocket concierge service,” The Scene, uses machine learning to match

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Fintech Fragment eases bank account reconciliation, nabs $9M from Stripe, Jack Altmam, others

Ask anyone who’s ever closed out the books at the end of the month, what that experience is like, and you’ll get a deep sigh that says, reconciliation is the bane of existence. That’s especially true for a business with hundreds, thousands or hundreds of thousands of transactions a month. Fragment is a startup that

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M&A activity heats up with Wiz, Graphcore, etc.

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups.  Most interesting startup stories from the week Shortly after Google parent Alphabet reportedly abandoned its ambitions to purchase online marketing software company HubSpot, the tech giant decided to pursue another big acquisition. This time, Google is in

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