Payment service Toss becomes Korea’s newest unicorn after raising $80M

Payment service Toss becomes Korea’s newest unicorn after raising $80M

South Korea has got its third unicorn startup after Viva Republica, the company beyond popular payment app Toss, announced it has raised an $80 million round at a valuation of $1.2 billion. This new round is led by U.S. firms Kleiner Perkins and Ribbit Capital, both of which cut their first checks for Korea with this Read more about Payment service Toss becomes Korea’s newest unicorn after raising $80M[…]

Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia

Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia

Southeast Asian ride-hailing firm Grab has made its most ambitious investment to date after it backed India-headquartered budget hotel network OYO to the tune of $100 million. The investment was part of a $1 billion Series E round led by SoftBank’s Vision Fund that closed back in September. The deal was first made public via a Read more about Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia[…]

Brazilian long term rentals service QuintoAndar raises $64M Series C

Brazilian long term rentals service QuintoAndar raises $64M Series C

There’s quite a bit wrong with real estate in Brazil, according to QuintoAndar founder and CEO Gabriel Braga. Those seeking long term rentals in big Brazilian cities like São Paulo and Rio de Janeiro are throttled by bureaucratic policies that enforce outrageously expensive deposits, the requirement of local cosigners and sky-high insurance fees. On the Read more about Brazilian long term rentals service QuintoAndar raises $64M Series C[…]

The US Postal Service exposed data of 60 million users

The US Postal Service exposed data of 60 million users

A broken US Postal Service API exposed from over 60 million users and allowed a researcher to pull millions of rows of data by sending wildcard requests to the server. The resulting security hole has been patched after repeated requests to the USPS. The USPS service, called InformedDelivery, allows you to view your mail before Read more about The US Postal Service exposed data of 60 million users[…]

Microsoft’s game streaming service Mixer adds more ways for streamers to make money

Microsoft’s game streaming service Mixer adds more ways for streamers to make money

Microsoft today is rolling out a new version of its game streaming service, Mixer, which it’s calling “Season 2” to reflect the fact that the changes are ongoing, not a one-day release. The company says it’s specifically investing in new areas around expression, monetization, and creator communities. The first of these, called Skills, are focused Read more about Microsoft’s game streaming service Mixer adds more ways for streamers to make money[…]