unicorn

Uzum, an e-commerce startup offering online shopping, fintech and food deliveries to millions of customers in Uzbekistan, has raised $114 million in funding, becoming the country’s first unicorn with a…

Welcome to TechCrunch Fintech (formerly The Interchange)! We’re back after a brief hiatus, and I can tell you that judging by the volume of pitches I received last week, venture…

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every…

The 10-year-old company that’s been grinding away in a tough industry offers a lot of hints of what the unicorns of 2023 will look like.

While most fintech unicorns are still garnering impressive valuations, the sector’s hype from last year has started to fade.

A new report has shone a light on the impact that European and Israeli unicorns have had on the broader technology ecosystem since the global economic crisis 14 years ago.…

The cloud services sector is still dominated by Amazon and the other so-called “hyperscalers” — e.g. the Microsoft Azures, Google Cloud Platforms and IBM Clouds of the world. According to…

There’s no nice way to say this: when it comes to onboarding new employees, most early-stage startups are either inept or uninterested.

A significant number of companies are following popular advice to try and break even, but the sad truth is that this is probably the worst possible advice for most startups…

News that Adobe will buy upstart design software unicorn Figma for $20 billion was the single largest event in startup land this week, a surprise upset over the Ethereum Merge…

Capital has been abundant in the past few years, which fostered a tendency to underprepare for fundraising. Shortcuts are no longer a good idea.

Down round news may not be a slam dunk that generates a tier one feature like a funding round that drove your valuation upward, but it’s still funding.

If you have equity and are seeking liquidity, you are not alone. Getting liquidity for startup equity is an industrywide problem and has been for decades.

Netflix lost almost a million subscribers in the last quarter, and it expects to shed hundreds of thousands more this year. Does that mean consumers are suffering from “subscription fatigue?”

According to BCG global assets under management are around $100 trillion, but only $715 billion, or less than 1%, goes on what you might term “impact” companies or projects to…

When Serena Williams steps from away tennis, she’ll be walking into an arena as white as the one she just left.

No one expects every startup worth $1 billion to be ready to go public, but the collection of billion-dollar startups that are ready to list is larger than you might…

Despite a slowdown in financing and an apparent over-investment in certain cybersecurity subsectors, investors don’t expect doom and gloom for the cybersecurity market going forward.

Fidelity recently cut its valuation for its Discord shares. Is that reduction fair?

Unstoppable Domains, a popular blockchain naming system provider and identity platform, is the latest crypto startup to become a unicorn. The identity platform, which has amassed over 2.5 million registered…

Data indicates that Africa is not only posting year-over-year gains in venture capital fundraising, it could also be on track for a record year.

Stripe is the latest high-profile fintech company to experience a significant valuation cut as the market downturn begins to hit the sector especially hard. Last valued at $95 billion, the…

There’s perhaps more capital in the private markets than investors really want to admit.

Outschool, a marketplace for kid-friendly, virtual after-school programs, has laid off 31 people or 18% of its workforce, CEO Amir Nathoo confirmed to TechCrunch over text message. The layoff, conducted…