Rapyd raises $300M on $8.75B valuation as fintech-as-a-service continues to boom – TechCrunch

Reading Time: 12 minutes Neobanks, other financial startups, and the basic concept of “finance anywhere” are seeing huge gains at the moment, and today one of the key companies building the infrastructure that powers services like these is announcing a major growth round of funding to double down on the opportunity. Rapyd — which provides a range of financial … Read more

Future of Media: Big tech enjoys ad spend boom, ITV’s metaverse, publishing the Olympics

Reading Time: 7 minutes Have you heard? Ad spend is back? As per AA/Warc this morning, we’ve seen the fastest UK ad spend growth ever recorded (tracking started in 1982). This trend even includes the 2008 recession. Some notes: Digital is now 70p of every £1. Growth will hit 18.2% in 2021 (up from 15.2% forecast in April). By … Read more

Blossom Capital lures Alex Lim from Silicon Valley to join the European tech boom – TechCrunch

Reading Time: 5 minutes Alex Lim, a British-born VC based in the Bay Area who invested in Hopin, UiPath, Discord, and many other unicorns has decided to up sticks and leave Sand Hill Road behind for Blossom Capital in London. Blossom is fast making a name for itself both in Europe and internationally, having invested in breakout hits like … Read more

African startups join global funding boom as fintech shines – TechCrunch

Reading Time: 6 minutes The Exchange is on a trip around the world, poking our heads into various startup markets to better understand how different geographies are faring during a historic boom in venture capital activity. Globally, the venture capital world is afire, pushing record sums into upstart technology companies. But the capital is not flowing evenly. For example, … Read more

Personalisation Gap – Why it’s Growing Despite the Boom in Ecommerce Demand

Reading Time: 6 minutes Share: The accelerated and sustained growth in ecommerce over the course of the pandemic has widened the ‘personalisation gap’ between customer expectations and retailers’ capabilities. But why is it happening and what can marketers and ecommerce teams do about it? The Online Boom Hasn’t Translated into Enhanced Online Customer Experience … Read more

Twitch Streamers Rake in Millions With a Shady Crypto Gambling Boom

Reading Time: 8 minutes “Morality came into play. It did. I felt shitty doing any type of gambling sponsorship,” he later said on stream. “And I know people are like, Mizkif, but you do sponsors all fucking day. If you download Dungeons and Dragons, what’s the worst that happens? You lose $40 and a couple of hours of your … Read more

Investors find European unicorns reluctant to join SPAC boom – TechCrunch

Reading Time: 5 minutes The U.S. SPAC market kept rolling along this week with news that Satellogic will go public on the Nasdaq stock exchange thanks to a merger with a blank check company. The Earth-imagery-focused company is standard SPAC fare, with strong capital needs and distant revenues. It was not alone in pursuing the transaction type Tuesday, with … Read more

The fracking boom is over. Where did all the jobs go?

Reading Time: 6 minutes Boom and bust The shale gas “boom” was as ephemeral as Cruz’s presidential prospects. Yet four years later, running for reelection, Donald Trump used the same script to try to best Democratic nominee Joe Biden in Pennsylvania. One campaign ad that aired in the state said Biden’s “fracking ban” would “kill up to 600,000 Pennsylvania … Read more