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Airwallex raises $80M for its international payment service for businesses – TechCrunch

Airwallex, a three-year-old fintech startup focused on international payments for SMEs and businesses, is putting itself on the map after it raised an $80 million Series B round. Based out of Melbourne, but with six…

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Alibaba’s Ant Financial fintech affiliate raises $14 billion to continue its global expansion – TechCrunch

Ant Financial, the financial services affiliate connected to Alibaba which operates the Alipay mobile payment service, has confirmed that it has closed a Series C funding round that totals an enormous $14 billion. The rumors…


More funding for scooters, Cruise gets a boost, and Chinese IPOs – TechCrunch

 Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week was fun. Back in the studio, Connie Loizos, Matthew Lynley, your humble servant, and Ramneek Gupta,…


China’s SenseTime, the world’s highest-valued AI startup, closes $620M follow-on round – TechCrunch

SenseTime, the world’s highest-valued AI company with a valuation of over $4.5 billion, is back in the money again. The company raised $600 million in an Alibaba-led financing round announced last month, and now it…




Tencent leads $50M investment in NewsDog, an app vying to be India’s Toutiao – TechCrunch

The growth of China’s Bytedance, an ambitious $30 billion tech firm, and its highly-addictive Toutiao news aggregator app has set off a search for services with similar growth potential across the world. India, second in…


How did Thumbtack win the on-demand services market? – TechCrunch

Earlier today, the services marketplace Thumbtack held a small conference for 300 of its best gig economy workers at an event space in San Francisco. For the nearly ten-year-old company the event was designed to…