citi

The traditional role of the real estate agent has long been challenged as the internet has made it easier for people to search for, and tour, homes. Historically, agents have…

Prevu’s home sale process gives credit to home buyers with cash-back rebates

Expense management startup Navan has inked an exclusive deal with Citi that executives say will open its addressable market significantly. Specifically, the fintech and the card giant are announcing today…

Citi inks deal with fintech Navan, says ‘not having to file an expense report is like nirvana’

After a slow start in the U.K. and Europe, open banking is catching on with fintechs, which are using APIs to access banking data and rails and using them as…

Open banking startup Abound nabs $601M to supercharge its AI-based consumer lending platform

Zoom has in many ways “won” the mindshare game when it comes to video conferencing: Whether you’re actually using Zoom or another service that’s wrapped into another platform like Google…

Venue raises $4M from Accel and the CEOs of Slack, Remote and Squarespace to give teamwide video meetings a new breath of life
Space

Max Q: Mines and metals

Hello and welcome back to Max Q. There is SO much news this week, so let’s dive in. In this issue: Astroforge’s asteroid mining ambitions, Boeing’s Starliner comes home, and…

Max Q: Mines and metals

At its I/O developer conference, Google today launched Google Wallet, a new Android and Wear OS app that will allow users to store things like credit cards, loyalty cards, digital…

Google launches Google Wallet to help you store your credit cards, tickets and more

Pipe competitor Crowdz raises $10M for its blockchain-powered invoice financing marketplace.

Citi backs Crowdz, a Pipe competitor that just raised $10M for its blockchain-powered invoice financing marketplace

A lot of the startups you tend to hear about in the world of fintech are building solutions for consumers and businesses. Today, a startup that’s aiming to serve the…

Capitolis valued at $1.6B after raising $110M for new tech to update capital markets trading

Hopper, the mobile travel booking startup and app that lets users book flights, hotels, cars, and — most recently — short-term home rentals a la Airbnb and VRBO, has been…

Travel booking app Hopper upgrades its valuation to $5B on secondary sale

Six months after its $20 million Series A, payroll connectivity platform Pinwheel just announced that it has nabbed another $50 million in a round led by new investor GGV Capital. …

Pinwheel raises $50M Series B at $500M valuation for its income verification APIs

The world’s largest card company just doubled down on its bid to capture the crypto market. Visa announced today that it has launched a crypto advisory practice for its clients…

Visa hopes its new crypto consulting arm will help it become cooler than its competition

A majority of people in Latin America skip shopping on the web and instead use a combination of messaging and social apps to find inspiration, ask questions and make purchases.

AtomChat secures new funding to capitalize on Latin American trend of sales through messaging

Jetty, a fintech company which aims to give renters flexibility when paying rent, has raised $23 million in a funding round co-led by Citi and Flourish Ventures. The financing brings…

Jetty raises $23M to help give renters more payment flexibility

Digital mortgage lender Better.com has raised a $500 million round from Japanese investment conglomerate SoftBank that values the company at $6 billion. The financing is notable for a few reasons.…

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

Google is launching a major redesign of its Google Pay app on both Android and iOS today. Like similar phone-based contactless payment services, Google Pay — or Android Pay as…

Google Pay gets a major redesign with a new emphasis on personal finance

Water quality and logistics monitoring software Ketos has raised $15 million from a group of investors to take advantage of the growing demand for better water management tools and technologies.…

Water quality and distribution monitoring software Ketos raises $18 million

Google is expanding its plans to offer digital banking services in the U.S. The company announced today it’s partnering with half a dozen more banks to offer digital checking and…

Google signs up six more partners for its digital banking platform coming to Google Pay

VidMob, which started out as a marketplace connecting marketers and video editors, now bills itself as a “creative technology platform.” Now there’s a “creator network” that’s part of a broader…

VidMob rethinks video production in the pandemic era

GM has a “big team” working on an advanced version of its hands-free driving assistance system, Super Cruise, that will expand its capability beyond highways and apply it to city…

GM is working on a hands-off advanced driving system for city streets

Securitization is a critical function of the modern financial system. Banks “package” individual loans, say a mortgage or an auto loan, into a group with similar characteristics and sell them…

Securitization platform Cadence surpasses $125M deal volume and raises $4M

Featured Article

Tech’s coveted internships are getting canceled due to COVID-19

Victoria Stafford, a third-year student at UC Berkeley, was set to begin working at Yelp in June as a sales intern — the only internship she applied to. And then it was canceled because of the COVID-19 pandemic. “When I first read the cancellation email, I didn’t believe it. I…

Tech’s coveted internships are getting canceled due to COVID-19

Security is one of the toughest things to get right; a hacker only needs to win once, but businesses have to get it right every single time. Not every company…

Where top VCs are investing in cybersecurity

PayU, the Naspers-owned payments company that competes with the likes of PayPal but focuses mainly on emerging markets, has made an acquisition to expand its business in India. It has…

Naspers-owned PayU doubles down on India with $70M deal to buy Wibmo

Including a meal kit for authentic gourmet ramen, a millennial-focused platform for buying affordable fine-art and a benefits platform for gig workers.

Meet the 19 startups in AngelPad’s 12th batch

Citi Research has joined a growing list of analysts to lower first-quarter production estimates for Apple’s iPhones amid weakening demand for the smartphones. Citi Research analyst William Yang cut the…

Citi slashes sales outlook for iPhone XS Max by nearly half

In case you haven’t heard, polls will open Tuesday morning across the U.S. for the 2018 midterm elections. It’s a big deal, so go vote. And this year, there are…

How to get to the polls for free at the 2018 midterm elections

Financial services giant Citi reckons fintech startups are missing out on a major opportunity to disrupt institutional banking. Indeed, it’s inviting entrepreneurs to do so. “Opportunity is enormous,” said Naveed…

Citi wants fintech startups to disrupt institutional banking

PayPal today announced an expanded partnership with two of the largest bank issuers, Chase and Citibank. The agreements include a number of increased integrations between the companies, including easier access…

PayPal expands partnerships with Citi and Chase to include reward points and more

Stephen Gates is the Global Head of Design at Citi. In our 15th episode, we talk about how design and creativity are actually blue collar professions, what it’s like to approach design…

Citi Global head of design on how design is actually a blue-collar profession

There’s been a lot of discussion and debate around the benefit to brands of building a presence on Facebook and Twitter. At the same time, LinkedIn has been ramping up…

LinkedIn Touts Citi’s Success As The Networking Site’s Content Marketing Ambitions Grow