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Latest news from Digital Economy

TransferWise, the London-headquartered international money transfer service most recently valued by investors at $3.5 billion, has partnered with China’s Aliplay for international transfers. The launch enables TransferWise’s now 7 million-plus users to be able to send Chinese yuan from 17 currencies to users of Alipay, which serves more than 1.2 billion people worldwide including via […]

The food delivery ecosystem suffers from a lack of differentiation, compounded by an opaque and confusing web of markups and fees.

Service, a tool that helped you get compensation when there are flight delays and find lower hotel rates after you’ve already booked, today said it would shut down its service. The company, which launched in 2015, says it faced a fundraising round that collapsed two weeks ago and was in the middle of an acquisition […]

We need to go hands-off in the age of coronavirus. That means touching fewer doors, elevators, and sign-in iPads. But once a building is using phone-based identity for security, there’s opportunities to speed up access to WIFI networks and printers, or personalize conference rooms and video call set-ups. Keyless office entry startup Proxy wants to […]

Edtech has been a hot category for investors for some time. Surging demand for better classes globally from new entrants to the knowledge economy has pushed revenues to new highs. Now, coupled with the rapid propagation of the coronavirus forcing dozens of colleges and universities to shut down and move entirely online, the sector is […]

Impossible Foods, the privately held meat replacement challenger to publicly traded Beyond Meat, said it has raised roughly $500 million in its latest round of funding. The new investment brings the company’s total haul to $1.3 billion since it was founded nearly nine years ago. The new financing was led by Mirae Asset Global Investments, […]