New PayPal ‘Super App’ Gives Consumers a Suite of Personal Finance Features
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Hello from the first day of Disrupt. I just skipped to look at the Battlefield Pitcher Businesses – more info below! – to write this for you. Disrupt looks fluid, impressive and very TechCrunch so far.
I know it’s a clichÃ©, but I’m incredibly proud of what the TechCrunch team achieved for this year’s Main Event. A big hug at TechCrunch events team, the sales team, the technical team, editors and all the others that runs this post but you can’t see.
Now for the news! – Alexis
The Top 3 TechCrunch
Matthew takes the new iPhone to Disneyland: If you were curious about what the Platonic ideal of a Matthew Panzarino post is, this is it. Panz is our editor, one of our Apple critics, a photographer and a Disney fan. So he put it all together to perform real-world testing on the latest flagship iPhone. Enjoy!
Gig workers protest Instacart: The history of major concert work platform boycotts is uneven in terms of impact, but that doesn’t stop thousands of Instacart buyers from making their voices heard as a collective. This time around, the Gig Workers Collective is asking “that customers refrain from reinstalling the app until five requests are met.” These requests include a higher default tip and commission changes.
PayPal is deploying a financial âsuper appâ: Super apps are like other apps, but packed more with features and capabilities. Perhaps best known as a major player in digital fields in various Asian economies, PayPal is keen to bring the model to the United States. Its new Super Duper Excellent app will include “direct deposit, bill payment, digital wallet, peer-to-peer payments, shopping tools, crypto capabilities and more,” reports TechCrunch.
Startups / VC
Let’s start with a slew of Battlefield businesses, coming straight from Disrupt’s presentation earlier today:
And then there was everything else:
French start-up marketplace Mirakl landed a $ 555 million spin at a valuation of $ 3.5 billion – a huge check for its SaaS game. Silver Lake led.
The foundation behind Raspberry pie minicomputers has raised $ 45 million for a valuation of $ 500 million. London-based Lansdowne Partners and The Ezrah Charitable Trust led the round.
Only raised $ 8 million to create better auto insurance, a model that takes a lot of capital and patience. So, we learned by looking at both Root and MetroMile.
Based in Korea Corporate canvas raised $ 2.5 million in a funding round for its document management service called “Typed. “Mirae Asset Venture Investment led the transaction.
Bilt Rewards, a fintech that helps tenants earn points while paying rent, landed a $ 60 million round for a valuation of $ 350 million. Wells Fargo and Mastercard led, which makes sense. Points for sharing the new assessment, Bilt.
Pipe Hangs Former Stripe Executives, HubSpot, Expands Into UK Selling recurring income for cash is big business, Pipe shows. The company manages both recurring software revenue and DTC subscriptions.
Ultimately, So rare raised $ 680 million at a valuation of $ 4.3 billion. The company has created an NFT-based fantasy football program. People love fantastic sports. Some people also really like NFTs. Maybe in the union of the two there is a big deal? SoftBank certainly thinks so, leading this particular B Series.
Seth Rogen explains how Houseplant promotes cannabis without breaking the rules
Many celebrities have turned personal interests into flourishing business concerns: Ryan Reynolds owns Aviation Gin, Jessica Alba founded the non-toxic products start-up The Honest Company, and George Clooney will earn up to $ 1 billion from the sale of his tequila company.
This year, actor Seth Rogen co-founded Houseplant, which sells pottery, cannabis and related accessories.
âWe’ve sold housewares in all 50 states at this point,â Rogen explained. âWe are the ones who develop a relationship and trust with customers in places where weed is not yet legal. “
In a conversation with TechCrunch Disrupt Editor-in-Chief Matt Burns, Rogen, CEO Mike Mohr, and Commercial Director Haneen Davies discussed some of the challenges of branding within the confines of a tight regulatory environment.
âI think the House and Plant merger is what’s going to help us establish a brand name that goes beyond the limiting restrictions you have to follow to communicate about cannabis,â Davies said.
(Extra Crunch is our membership program, which helps founders and startup teams move forward. You can register here.)
Big Tech Inc.
Facebook’s product response to its really bad week is a battery-powered portal: Of course, the WSJ is breaking news left and right that makes Facebook seem devious at best and downright false at worst. But that doesn’t stop the Facebook hardware team from releasing new gear.
Roblox Introduces New Age Control: It’s optional, but the move is probably a bit late and overall smart. Roblox is a gaming platform that kids love. Children need protection. Here are a few !
The old company Yahoo Tumblr is moving the subscription product to an open beta: Ah, Yahoo. In another life (iteration?), Yahoo was busy taking over businesses of all kinds. One of those companies he took a mint for was Tumblr. Now Tumblr is owned by Automattic, after Verizon sold it. And then Verizon sold the rest of its media assets – TechCrunch included – to a private equity firm. Either way, Tumblr’s push into the creator economy is now in open beta. Enjoy.
Amazon is updating the Kindle Paperwhite: This one took us by surprise, but Amazon’s Kindle line just received an updated SKU. The new Paperwhite has a larger screen, thinner bezels, and USB-C charging.
TechCrunch Experts: Growth Marketing
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