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Friend.tech hype grows, Tornado Cash founders go for a spin and FBI’s monitoring North Korean hackers

TechCrunch

There was also a lot of talk around Tornado Cash as the two founders behind the crypto mixer were charged on Wednesday by U.S. This week in web3 Two founders behind crypto mixer Tornado Cash charged by U.S. Erik previously worked on Wall Street as a VP for AIG investments and was a co-founder and consultant of other startups.

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Divido bags $30M to take its ‘buy now, pay later’ platform to more markets

TechCrunch

London-based Divido , a white-label platform for retail finance that integrates with e-commerce platforms (but can also support omni-channel) so retailers can offer consumers a “buy now, pay later” option at the point of sale, has bagged a $30 million Series B to fund international expansion. Making sense of Klarna.

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Mortgage is suddenly sexy as SoftBank pumps $500M in Better.com at $6B valuation

TechCrunch

The financing is notable for a few reasons. For one, that new $6 billion valuation, is up 50% from the $4 billion it was valued at last November when it raised $200 million in Series D financing. Secondly, it’s further proof that mortgage – a traditionally “unsexy” industry that has long been in need of disruption – is officially hot.

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Workrise, once known as RigUp, raises $300M at a $2.9B valuation

TechCrunch

New investor Franklin Templeton joined existing backers — including Founders Fund, Bedrock Capital, Andreessen Horowitz (a16z), Moore Strategic Ventures, 137 Ventures and Brookfield Growth Partners — in putting money in the round. With this latest financing, Workrise has now raised more than $750 million. billion. “The

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Kaiyo gets $36M Series B for its secondhand furniture marketplace

TechCrunch

Kaiyo founder and CEO Alpay Koralturk said in an interview with TechCrunch that he was familiar with the hassle of buying and selling furniture after moving five times in five years in NYC. He and his wife, who are passionate about sustainability, tried buying secondhand to furnish the apartment when they moved into a new place in 2014.

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TechCrunch+ roundup: Usage-based billing, web3 fundraising, Serena Williams’ next act

TechCrunch

To help founders capitalize on this trend, he identified some of the ways companies are evolving as they strive to copy the success of firms like Twilio, Snowflake and Frog. On Wednesday, October 19, I’m moderating “How to take the BS out of your TAM,” a panel at TechCrunch Disrupt in San Francisco.

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Fundbox, a fintech focused on SMBs, raises $100M at a $1.1B valuation

TechCrunch

Healthcare of Ontario Pension Plan (HOOPP) led Fundbox’s Series D financing, which brings the company’s total equity raised to $410 million since its 2013 inception. “We use artificial intelligence to deliver financial products that small business owners use to better run and grow their businesses,” CEO Prashant Fuloria told TechCrunch.

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