From Online payment to eCommerce

Quibi closes on $750 million as its date with destiny approaches

With just over one month to go until its official launch date, the short-form, subscription streaming service Quibi has closed on $750 million in new financing, according to a report in the company’s private PR firm The Wall Street Journal. The company declined to disclose exactly who invested in the new round (which is always […]

Lunchr becomes Swile to expand beyond corporate lunch cards

Lunchr has rebranded to Swile in order to expand its product offering beyond meal vouchers. The company wants to focus on everything that happens at work but that isn’t technically work — money pots for a birthday, paying back your co-workers, creating team-building events and more. At heart, Swile provides a payment card for your […]

Lerer Hippeau’s Ben Lerer shares his priorities for scouring seed deals

Enterprise software startups are changing how they infiltrate companies, and investors are taking note. Last week, I chatted with Lerer Hippeau‘s Ben Lerer after his firm had just led a seed round in Air, a digital asset management platform. I used the opportunity to pick his brain about what he’s searching for in early-stage investments […]

This bathroom cleaning robot is trained in VR to clean up after you

You’ve no doubt heard about the three Ds of automation. Somatic’s robot handily qualifies for two. I’d say “dangerous” is probably a bit of a stretch here, but the robot is well-focused on replacing a job that’s generally regarded as both “dirty” and “dull.” The startup, which is ostensibly based in the New York area […]

Robinhood’s downtime as a stress test for the consumer fintech boom

Let's peek at what numbers can tell us, and try to figure out if there's a lesson for consumer fintech and finservies companies while we're at it.

Bookshlf launches an app to curate and share your favorite digital content

Bookshlf has created a new way for people to recommend media — whether it’s music, videos, articles, podcasts or even tweets — to their friends and to the rest of the world. The New York-based startup is officially launching its web and iOS app this week and announcing that David A. Steinberg, co-founder and CEO […]