Egyptian consumer money app Telda raises $20M from GFC, Sequoia Capital and Block 

Telda, an Egyptian consumer money app founded by ex-Swvl executive Ahmed Sabbah last April, has raised $20 million in seed funding. The fintech, in a statement, said it wants to “revolutionize finance for the MENAP region.”  Its first market, Egypt, is one of the highest consumer spending markets in Africa. The North African market’s private consumption accounts for nearly … Read more

Roboadvisor Betterment launches crypto offering with four themed portfolios

Betterment, a roboadvisory platform which manages over $33 billion in assets, has finally launched its crypto offering after completing a private beta phase. The fintech acquired Makara, a crypto asset management startup, back in February and has been working towards transforming Makara into its own in-house crypto product since the deal closed. Crypto for Betterment, … Read more

Vanta lands $40M to automate cybersecurity compliance

Vanta, a security compliance automation startup, today announced that it raised $40 million in an extension of its Series B funding round that closed in June, which valued the company at $1.6 billion. Notably, Crowdstrike invested in the extension along with a number of individual investors. CEO Christina Cacioppo tells TechCrunch that the new cash … Read more

Roku dives into smart home market with security cameras, video doorbells, smart lights, and more

Roku’s newest venture goes beyond your TV screen: The hardware company just announced Roku Smart Home, a new lineup of devices including security cameras, video doorbells, smart lights, and voice-enabled smart plugs. The company also launched a Roku Smart Home mobile app and a security camera subscription service. Roku building out its home technologies is significant … Read more

Blockchain.com Wins Singapore License

Blockchain.com has received approval to offer payments services from Singapore’s central bank, it announced according to a report. The development makes Blockchain.com the second crypto exchange after Coinbase to announce it had won a licence in Singapore in two days.

Indian edtech giant Byju’s cuts 2,500 jobs

Indian edtech giant Byju’s said on Wednesday it has eliminated 5% of its workforce, or about 2,500 roles, across multiple departments as it looks to improve its finances and achieve profitability by end of the current financial year, it said. This the second significant layoff step the startup, valued at $22 billion, has undertaken in … Read more

Vista Equity Partners to acquire cybersecurity company KnowBe4 for $4.6B

Vista Equity Partners has agreed a $4.6 billion all-cash deal to acquire KnowBe4, a publicly-traded cybersecurity company specializing in helping enterprise workers avoid phishing attacks. “Under Vista’s ownership, we will have access to additional resources and support, which will help us achieve our goals and deliver enhanced value to our customers,” KnowBe4 founder and CEO … Read more

Cybersecurity Week 2022

Illustration by Vincent Kilbride / The Verge The biggest vulnerability is always the human element. It’s a truism in the security world, but we rarely dwell on what it means. You can patch a software flaw completely, but there’s no perfect fix for an accounts payable clerk who approves a phony invoice or an executive … Read more

How to password-protect your PDFs

Vincent Kilbride / The Verge One of the reasons PDFs are so popular, especially among lawyers and other legal professionals, is that they are accurate and (for the most part) unalterable versions of documents that were once only available on paper. As a result, because PDFs often hold information that we want to keep private, … Read more