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Indian social network Public App raises $41 million

TechCrunch

Public App, a location-based social network that connects individuals to people in their vicinity, has raised $41 million in a new round, just six months after securing $35 million as the hyper-local Indian startup looks to expand its presence in the world’s second-largest internet market.

Social 275
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Nigerian digital bank Carbon hit $240M in payments processed last year, up 89% from 2019

TechCrunch

There have been rare cases in the past, for instance, when Rocket Internet had to include Jumia’s financials in its yearly reports after going public. Also, in its quest to become a digital bank, Carbon acquired a microfinance bank license. Image Credits: Carbon. But that’s not the only event to keep an eye on.

Banking 291
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Daily Crunch: Kanye West reaches agreement to acquire social media platform Parler

TechCrunch

That, that, that don’t kill me, can only make me stronger ” : Two of our top stories for today centered on the same topic — Kanye West, who now goes by Ye, surprising us all by announcing he was going to buy the conservative social media site Parler. The TechCrunch Top 3. Manish has the basics on the deal.

Media 252
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Signal AI, a ‘decision augmentation’ startup, raises $50M for a platform that extracts insights from the internet and other public content

TechCrunch

Signal AI , an artificial intelligence startup that trawls the vast sea of internet and other publicly available data to provide organizations with sentiment insights and other information to make better business decisions, has raised $50 million. “We’ve been diversifying the data that we inject in the platform,” he added.

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How TCS is helping to fight financial crime with AI and Microsoft Cloud

CIO

As consumers embrace ecommerce, digital banking, and online payment applications, the risk of fraud and other financial crimes has increased dramatically. And for every dollar lost to fraud, banks spend over $4 on recovery fees, legal fees, and other expenses. The stakes for financial organizations are growing as well. In 2021, U.S.

Cloud 264
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Building the Woke Web: Web Accessibility, Inclusion & Social Justice

A List Apart

What would your life be like without the internet? Keeping your answers to that in mind, do you think access to the internet is a human right? Living without internet. Globally, over 40% of people still do not have access to the internet. Having no access to the internet creates problems in many parts of modern life.

Social 139
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Jungle Ventures closes a $600M fund, bringing its total assets under management to over $1B

TechCrunch

Fund IV has already backed Vietnamese digital bank Timo; Singapore back office operating system Sleek; Indian D2C consumer electronics brand Atomberg; Web3.0-based based social-crypo-community platform for women Eveworld; and inFeedo, an employee retention SaaS platform. . “If

Internet 220