Heartcore Capital bets on Europe with a $200M fund for consumer tech startups

Heartcore Capital, one of the few VCs to focus on consumer technology, has raised a $200 million early-stage fund for those kinds of startups across Europe. Heartcore IV, the firm’s flagship investment vehicle, will be supported by Heartcore Progression Beta, a $50 million ‘opportunity fund’ for follow on rounds in consumer tech. The firm said […]

Brands considering a live-shopping strategy must lean on influencers

Madison Schill Contributor Share on Twitter Madison Schill is the director of marketing and communications at Livescale and is a former fashion editor and producer. Live shopping — the seamless and simultaneous combination of online shopping, livestreaming and social media — has been taking North America by storm since October 2019. Though booming to take […]

Can direct listings really fix the IPO pricing problem?

Welcome to a two public-offering week. U.S software company Amplitude is expected to post a direct-listing reference price this evening and begin trading tomorrow morning, per publicly available IPO calendars. Warby Parker is also set to direct list later this week — more on its numbers here. Expect a raft of coverage from TechCrunch on […]

Livestream video shopping app NTWRK raises $50M from Goldman Sachs, Kering

NTWRK, a video shopping app that has helped to popularize the idea of livestreamed commerce in the U.S., announced today it has closed on $50 million in new funding led by Goldman Sachs Asset Management and global luxury group Kering, owners of luxury brands Gucci, Yves Saint Laurent, Bottega Veneta and others. The company has […]

Vyne raises $15.5M seed round to grow its merchant-focused open banking solutions

Open banking — a new approach to payments and other financial services that disrupts traditional card-based infrastructure by linking directly into banks — is having a moment. On the heels of open banking startup TrueLayer hitting a $1 billion valuation in its latest round after seeing strong traction for its services, today another open banking […]

Nigerian businesses can now accept Apple Pay on Paystack

Paystack, the African fintech company that powers and processes payments for businesses, today announced that it is launching Pay with Apple Pay on its platform. The company, in a statement, called the integration “the fastest, secure way for Nigerian businesses to accept international payments.” Apple Pay, Apple’s mobile payments and digital wallet service, provides users […]

Indonesian halal-focused social commerce startup Evermos lands $30M Series B

Evermos’ founding team (l to r): Arip Tirta, Ghufron Mustaqim, Iqbal Muslimin and Ilham Taufiq. Image Credits: Evermos Evermos is an Indonesian social commerce startup with two goals: to let people earn extra income by opening online stores without spending capital and to help small brands grow into household names. The company, which focuses on […]

Twitter Super Follows has generated only around $6K+ in its first two weeks

Twitter’s creator platform Super Follows is off to an inauspicious start, having contributed to somewhere around $6,000 in U.S. iOS revenue in the first two weeks the feature has been live, according to app intelligence data provided by Sensor Tower. And it’s made only around $600 or so in Canada. A small portion of that […]