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The Download: Deception, exploited workers, and free cash: How Worldcoin recruited its first half a million test users

by Rhiannon Williams - 0
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This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Deception, exploited workers, and free cash: How Worldcoin recruited its first half a million test users On a sunny morning last December, Iyus Ruswandi, a 35-year-old furniture maker in the

Deception, exploited workers, and cash handouts: How Worldcoin recruited its first half a million test users

by Eileen Guo, Adi Renaldi - 0
Deception, exploited workers, and cash handouts: How Worldcoin recruited its first half a million test users

On a sunny morning last December, Iyus Ruswandi, a 35-year-old furniture maker in the village of Gunungguruh, Indonesia, was woken up early by his mother. A technology company was holding some kind of “social assistance giveaway” at the local Islamic elementary school, she said, and she urged him to go. Ruswandi

Afghanistan had a plan to free itself from cash. Now it risks running out.

by Tate Ryan-Mosley, Charlotte Jee, Eileen Guo - 0
Afghanistan had a plan to free itself from cash. Now it risks running out.

Afghanistan’s banking system is in a state of collapse, and people throughout the country are running out of money. And this cash crisis—partly due to the international community’s efforts to starve the Taliban of resources—is having an outsized effect on everyday Afghan citizens, leaving many without access to important services

Venmo to allow credit cardholders to automatically buy cryptocurrency with their cash back

by Sarah Perez - 0
Venmo to allow credit cardholders to automatically buy cryptocurrency with their cash back

PayPal-owned Venmo is expanding its support for cryptocurrency with today’s launch of a new feature that will allow users to automatically buy cryptocurrency using the cash back they earned from their Venmo credit card purchases. Unlike when buying cryptocurrency directly, these automated purchases will have no transaction fees associated with

A lot of cash and little love: An insurtech story

by Alex Wilhelm - 0
Private equity, a SPAC and an IPO walk into a bar

Hippo began to trade earlier this week after completing its SPAC combination. The home-focused U.S. neoinsurance provider initially stuck close to its $10 per-share pre-combination price before plummeting yesterday during regular trading. But Hippo’s declines don’t appear to be of its own doing. Lemonade, another U.S. neoinsurance player — albeit one

Africa has another unicorn as Chipper Cash raises $100M Series C led by SVB Capital

by Tage Kene-Okafor - 0
Africa has another unicorn as Chipper Cash raises $100M Series C led by SVB Capital

Fintech in Africa is a goldmine. Investors are betting big on startups offering a plethora of services from payments and lending to neobanks, remittances and cross-border transfers, and rightfully so. Each of these services solves unique sets of challenges. For cross-border payments, it’s the outrageous rates and regulatory hassles involved with

Software subscriptions are eating the world: Solving billing and cash flow woes simultaneously

by Annie Siebert - 0
Software subscriptions are eating the world: Solving billing and cash flow woes simultaneously

Krish Subramanian Contributor Share on Twitter Krish Subramanian is co-founder and CEO of Chargebee, a global leader in subscription billing and revenue management. He began his career as a software engineer at a startup before going on to specialize in indirect purchasing implementations for Fortune 500 customers. Although recurring revenue businesses have been around

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