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Daily Crunch: Russia fines Google $374M for ‘illegal content’ over its Ukraine invasion

TechCrunch

In particular, the partnership with Visa landed Bloom as the first Sudanese startup to get admitted into Visa’s Fintech Fast Track program, Tage reports. Startups and VC. Jacquelyn reports that Tribe Capital raised $25 million to launch a crypto incubator program. Blossoming business : Bloom, a Sudan-based fintech, banked $6.5

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Welcome to spooky season in startups

TechCrunch

Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. It would be unfair to say that this week in tech and startups felt like 2021’s boom cycle; especially when you look at layoffs coming from Truepill, its fourth this year, and Meta announcing that it will freeze hiring. Well, kind of.

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Q3 outlook forecasts cloudy days ahead for fintech M&A

TechCrunch

If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Last week, Paystand — a blockchain-enabled B2B payments startup — announced it had acquired Mexican fintech Yaydoo — creating a new unicorn in the resulting new entity. Welcome to The Interchange! and Mexico. Weekly News.

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Monzo Makes Money Work For Everyone

Y Combinator

Scaling a startup is hard. Scaling a startup bank is even harder. In April 2020, British banking startup Monzo’s revenue fell by almost 50%. In 2022 and beyond, Monzo’s revenues are likely to further accelerate as they benefit from cross border-travel, increased EU interchange rates, and new products.

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Monzo Makes Money Work For Everyone

Y Combinator

Scaling a startup is hard. Scaling a startup bank is even harder. In April 2020, British banking startup Monzo’s revenue fell by almost 50%. In 2022 and beyond, Monzo’s revenues are likely to further accelerate as they benefit from cross border-travel, increased EU interchange rates, and new products.