capital one
When foes become friends: Capital One partners with fintech giants Stripe, Adyen to prevent fraud
The tension between incumbents and fintechs has existed for decades. But every once in a while, the two groups decide to put their competition aside and work together. In an…
Prove Identity nabs $40M at a $1B+ valuation to expand in mobile-based authentication tech
Prove Identity, the smartphone-based identity verification startup that originally made its name years ago as Payfone before rebranding in 2020, has raised $40 million. According to sources close to the…
Travel app Hopper raises $96M from Capital One to double down on social commerce
Evidently, the downturn hasn’t soured investors on the travel industry. Travel booking startup Hopper today announced that it closed a $96 million follow-on investment from Capital One, bringing the company’s…
Rivian taps Capital One exec Diane Lye as its first CIO
Rivian has hired Diane Lye as its first chief information officer, a position that the EV maker says is necessary to expand globally. Lye’s hiring comes as Rivian consolidates its…
Anthemis, Airbase and Ramp will talk about balancing runway and growth in competitive sectors at Disrupt
How long is your startup’s runway? It’s an important question and an essential metric for every early-stage founder to know. But for startups wading into hot sectors with big markets…
Ex-Amazon employee convicted over data breach of 100 million CapitalOne customers
Paige Thompson, a former Amazon employee accused of stealing the personal information of 100 million customers by breaching banking giant CapitalOne in 2019, has been found guilty by a Seattle…
Cascade Labs raises $5.3M for its no-code data automation platform
Cascade Labs helps operations teams automate their data workflows. Using the company’s no-code tools, teams can pull in data from their favorite sources, transform it as needed, analyze it and…
The U.S. Department of Justice (DOJ) has filed seven new charges against Paige Thompson, the former Amazon Web Services (AWS) engineer accused of hacking Capital One and stealing the personal…
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Hopper raises $170M and partners with Capital One on a new cardholder travel booking portal
Canadian travel startup Hopper has raised a $170 million Series F round, led by Capital One. The U.S. banks and credit card company is also coming on board as a strategic partner, to launch Capital One Travel, which is the first instantiation of Hopper’s new B2B platform, Hopper Cloud. This…
AWS expands on SageMaker capabilities with end-to-end features for machine learning
Nearly three years after it was first launched, Amazon Web Services’ SageMaker platform has gotten a significant upgrade in the form of new features, making it easier for developers to…
With $29M in funding, Isovalent launches its cloud-native networking and security platform
Isovalent, a startup that aims to bring networking into the cloud-native era, today announced that it has raised a $29 million Series A round led by Andreessen Horowitz and Google.…
FINRA’s AI Report is particularly interesting for fintechs since it explores how firms are deploying AI as well as the agency’s expectations for AI oversight.
Stacklet launches cloud governance platform with $4M seed investment
Stacklet co-founders Travis Stanfield and Kapil Thangavelu met while both were working at Capital One several years ago. Thangavelu helped create the Cloud Custodian open-source cloud governance project. The two…
A customer advisory board (CAB) can be an invaluable resource for startups, but many founders struggle with putting together the right group of advisors and how to incentivize them. At…
Capital One has replaced its cybersecurity chief four months after the company disclosed a massive data breach involving the theft of sensitive data on more than 100 million customers. A…
Walmart launches two new credit cards offering 5% back on digital purchases
Walmart is partnering with Capital One to launch a new credit card program, which rolls out on September 24, and includes both co-branded and private-label cards. The former, the Capital…
Federal grand jury indicts Paige Thompson on two counts related to the Capital One data breach
The Department of Justice said today that a federal grand jury has indicted software engineer Paige Thompson on two counts related to the Capital One data breach that affected more…
Ramp Financial, led by Capital One-acquired Paribus founders Eric Glyman and Karim Atiyeh, has raised $7 million.
Week in Review: Equifax, Capital One and your stupid desire for justice
Hello, weekenders. This is Week-in-Review, where I give a heavy amount of analysis and/or rambling thoughts on one story while scouring the rest of the hundreds of stories that emerged…
Capital One breach also hit other major companies, say researchers
The data breach at Capital One may be the “tip of the iceberg” and may affect other major companies, according to security researchers. Israeli security firm CyberInt said Vodafone, Ford,…
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you…
Capital One was hacked, the company has disclosed. The breach was first discovered on July 19th. A notice about the data breach is currently being broadcast from the company’s home…
From liberal arts PhD to pre-IPO startup CEO with Shift’s Toby Russell
Transitioning between different types of professional roles can be challenging — new expectations arise, and fresh ways of seeing the world are required to be successful. A few weeks ago,…
Capital One acquires digital identity and fraud alert startup Confyrm
Capital One has acquired the San Francisco-based digital identity and fraud alert startup Confyrm, the company announced through a blog post on Thursday. The deal will bring Confyrm’s technology to…
Capital One’s shopping assistant Eno can now dole out virtual card numbers in the browser
Capital One today officially introduced a new way to use its virtual card numbers from a web browser, in order to make shopping online safer. Virtual card numbers, of course,…
Capital One begins journey as a software vendor with the release of Critical Stack Beta
If every company is truly a software company, Capital One is out to the prove it. It was one of the early users of Critical Stack, a tool designed to…
Snowflake’s newest cloud data warehouse takes aim at regulated industries
Snowflake, makers of a cloud data warehouse service, announced a new virtual private product that should appeal to highly regulated companies like financial services and healthcare. In fact, the company…
Real talk, Level Money is the only budgeting app that has ever stuck with me. So I’m bummed to report that Level Money is shutting down on September 1. Capital…
Spotify partners with Capital One to offer half-price premium subscriptions
In an effort to grow its paid subscribers base, Spotify this morning announced a partnership with Capital One that will offer Spotify customers half off the price of their Spotify subscription…
Capital One acquires online price tracker Paribus
Capital One is making another acquisition in the fintech space, this time snatching up the price tracking service Paribus, which helps online shoppers get automatic refunds when prices drop on…
