Switzerland-based privacy startup Nym Technologies has raised $6 million, which is being loosely pegged as a Series A round. Earlier raises included a $2.5 million seed round in 2019. The founders also took in grant money from the European Union’s Horizon 2020 research fund during an earlier R&D phase developing the network tech. The latest […] …
Meet Collabio Spaces: An office suite app with a cloudless co-authoring twist that looks helpful if you need to collaborate on documents without having to worry about losing control of your data or the thread of changes. The p2p software lets multiple people co-edit a document locally — from a mobile device or desktop computer […] …
Capsule‘s plan to launch a super simple decentralized social media platform which is safe from censorship by Big Tech has advanced another stage: The nascent startup has closed a seed round of funding ($1.5M) led by Beacon Fund, a dedicated crypto fund by Polychain Capital — which is itself focused on startups building on Dfinity’s […] …
The idea for Capsule began with a tweet about transforming social networks. A day later cryptography scientist, Nadim Kobeissi — — best known for authoring the open source E2E encrypted desktop chat app Cryptocat (now ceased) — — had actually drawn in a pre-seed financial investment of $100,000 for his light-weight mesh-networked microservices principle, with assistance coming from angel […] “There are no other files– and then as soon as you have it running, in that folder when you set up your capsule server, it’s just the Capsule program and a Pill database that is a file. He talks about Capsule having the same level of focus on social media as Signal does on private messaging, for example– albeit planning it to support both short-form “tweet”-style public posts and long-form Medium-style postings.”We have the big hosting companies– like AWS, Azure, Google Cloud– but aside from that we have a lot of small hosting suppliers or little businesses … Sure if you’re running a big business you do get to focus on these big service providers due to the fact that they enable you to have these crazy servers that are extremely effective and deployable extremely easily but if you’re running a Capsule circumstances, as a matter of reality, the server resource requirements of running a Pill instance are normally speaking quite little. “And if this is mistreated then seriously it may even be the case that we would encourage– have a guidelines page– for hosting providers like on how to deal with circumstances of someone hosting an abusive Pill circumstances. …
Step, a mobile banking service targeted at teenagers, revealed this morning it has raised $50 million in Series B financing after growing to over 500,000 users just 2 months after its official launch. The round was led by Coatue, with returning investors from Stripe, Crosslink Capital, Collaborative Fund and Will Smith’s Dreamers VC. The startup […] “As a Step partner and customer, I’ve been able to see firsthand how simple Action makes it to manage your money while supplying the academic resources that today’s teenagers require however have actually largely been unable to discover– myself consisted of,” stated D’Amelio, in a statement. Contending in the now-crowded area of mobile banking services, which replace standard banks with an app on your phone, Step’s entry point to the market is different from many. Action offers teenagers $3 (it utilized to be simply $1) for every pal that signs up under their referral. In the near-term, Action plans to utilize its recently partnered celebrities to assist spread out the word about mobile banking and monetary responsibility throughout social media, and is employing throughout the board in the face of its fast development. …
African cross-border fintech startup Chipper Money has closed a $13.8 million Series A financing round led by Deciens Capital and plans to employ 30 brand-new staff globally. The raise caps an event-filled run for the San Francisco-based payments company, established 2 years earlier by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled. The 2 pertained to America […] The two came to America for academics, satisfied in Iowa while studying at Grinnell College and ventured out to Silicon Valley for stints in huge tech: Facebook for Serunjogi and Flickr and Yahoo! With the round statement, Chipper Cash also exposed a business social duty effort. The Chipper Fund for Black Lives will provide five to 10 grants of $5,000 to $10,000. In Africa, Chipper Cash has positioned itself in the continent’s major digital payments markets. Chipper Cash expanded there in 2019 and deals with competitors from a number of gamers, consisting of regional payments venture Paga….
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