Monthly Archives: June 2021

News: BreezoMeter, the iPhone tool that measures air quality, raises a $30M Series C

Ran Korber and his asthmatic and pregnant wife were looking to buy a house in Israel. As an environmental engineer, he knows that air pollution is the leading environmental cause of premature death, can cause premature birth, and can account for other respiratory diseases. Korber started looking for the city with the least amount of

Ran Korber and his asthmatic and pregnant wife were looking to buy a house in Israel. As an environmental engineer, he knows that air pollution is the leading environmental cause of premature death, can cause premature birth, and can account for other respiratory diseases. Korber started looking for the city with the least amount of pollution in Israel only to realize that this information didn’t exist. His frustration led him to create what today is BreezoMeter, a tool that forecasts 40 pollutants within the categories of pollen, air pollution, wildfires and weather.

Today the company announced a $30 million Series C led by Fortissimo Capital, bringing its total raised to date to $45 million. The company is based in Israel and launched in June of 2014, about two years after Korber was house-hunting with his wife.

“In many countries, people don’t have a clue about the air around them,” Korber, now CEO and co-founder of BreezoMeter, told TechCrunch.

BreezoMeter uses AI and machine learning to gather and understand data from multiple sources, including more than 47,000 sensors worldwide. The result is street-level air quality resolution (within 16.5 ft) and pollen, pollutants, and fire data, in more than 100 countries. 

You probably didn’t know this, but if you have an Apple Watch or an iPhone, they both have BreezoMeter built into the Apple weather app. Scroll down on the weather of any city, and the air quality measure is presented by BreezoMeter. In the U.S., the Air Quality Index (AQI) uses a scale from 0-500, 0 being the cleanest. Here in Miami, the air quality was 36 (good) yesterday, and 51 (moderate) today. In comparison, New York City’s air is 34 (good) today, better than Miami’s.

BreezoMeter is not only able to measure current air quality, but it can forecast it, too, allowing people to better prepare depending on their sensitivities. 

“We are able to forecast when the conditions for pollen season will start, and then [we] can forecast how pollen may move between two different locations,” said Korber.

If you’re not sure of your sensitivities, knowing the air quality of where you are, you can at least keep a lookout for symptoms.

“Depending on the type of pollutant in the air, BreezoMeter can also tell you the possible symptoms you may start feeling if exposed,” Korber said. 

The challenge isn’t just the pollution itself, but also a large information gap regarding air quality. According to the Environmental Protection Agency (EPA), about 120 million people in the U.S. live in areas where there is no pollution monitoring.

“Before BreezoMeter, everyone used the data from the same sensors, and now we collect data from those sensors plus others including traffic data, wildfires, satellites, local sensors and we also take into account land use for pollen,” said Korber.

A time when sensors can easily get destroyed is during a wildfire. “The sensors can burn, literally,” Korber said. To circumvent this problem, BreezoMeter relies on its other multitude of sensors for the data, including those from satellites.

“Every day, more than 300 million people use our platform to make informed decisions on how to avoid environmental hazards,” said Korber, and not everyone is using just the weather app.

For people living with chronic obstructive pulmonary disease (COPD) and asthma, they may be benefiting from BreezoMeter from within Propeller by Resmed. Propeller is a device that, depending on the air quality, tells a patient what to do to improve their health, such as close a window or use an inhaler, for example.

According to BreezoMeter, since Propeller incorporated BreezoMeter into its product, Propeller’s patients have experienced about 50% fewer asthma attacks and reduced ER visits.

BreezoMeter plans to use the money from the current raise to develop more product categories and triple its team to about 120 people.

 

News: The Station: Quanergy and Embark to go public via SPAC, Spin and Bird announce fresh launches

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox.

Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to Point B.

As you are reading this, I’ll be preparing to head out for an adventure, joining thousands of others who plan to jump in their cars, trucks, SUVs, and of course, vans and RVs for the great American road trip. While much of my time will be spent hiking in more remote wilderness, I will end up in Yellowstone National Park, which promises to be a busy affair. For those of you who are shaking your heads wondering why I would subject myself to the masses, I say consider this fun tidbit: According to one local guidebook, 98% of visitors to Yellowstone can be found within one mile of any trailhead. My previous anecdotal experiences supports this stat; I’ve found that most stick to their cars, paved paths, overlooks and boardwalks. I will not be.

I will, however, make one exception while I’m in the park. I plan to check out the autonomous shuttle that will be piloted in the park. Beep, in partnership with Local Motors, will be operating the autonomous shuttle called T.E.D.D.Y., which stands for The Electric Driverless Demonstration in Yellowstone. T.E.D.D.Y. is meant to give homage to former President Theodore Roosevelt.

The company plans to operate two routes, seven days a week. Information collected during the pilot will be used to inform future deployments in national parks across the country.

Happy trails.

Email me at kirsten.korosec@techcrunch.com to share thoughts, criticisms, offer up opinions or tips. You can also send a direct message to me at Twitter — @kirstenkorosec.

Micromobbin’

It’s been a week of funding announcements and new vehicles in the micromobility world. Two of the e-scooter giants, Spin and Bird, have announced some fresh launches. Spin’s got its first in-house designed and built electric scooter, which it’s calling the S-100T. The T is for “tough,” which is how Spin is positioning this scooter. It can get beat up on the streets, and in testing, and still last up to three years, maybe even more. Spin will start rolling out its scooter when it launches in Sacramento in July.

Bird is launching some e-bikes to its fleet of e-scooters, which will start in Cleveland, Ohio later this year. Bird’s choice to become multi-modal happens at a time when its biggest competitor, Lime, has already had bikes and is now working with e-mopeds. Bird is also launching a ‘Smart Bikeshare’ platform, wherein local shared e-bike and e-moped (but NOT e-scooter) operators can put their vehicles on the Bird app, thus making it seem like Bird has more of a multi-modal fleet than it does, and giving the local operators some more clout and attention. 

Following the money

Speaking of local operators, micromobility software provider Joyride believes more small shared e-scooter and e-bike businesses are cropping up, especially in areas where Bird and Lime pulled out during the pandemic. To help those companies get a fleet, launch it and manage it is Joyride. The company has been around since 2014, but just raised a $3.7 million seed round so that it can expand its services and help reach more local operators

And while we’re on the subject of funding, New Zealand-based electric utility bike startup Ubco has just raised $10 million to fund its global expansion, with a focus on the U.S. market, and scale up its commercial subscription business. Full disclosure, I’m currently in Auckland testing one of these things out and it’s “smooth as,” as the Kiwis say, so keep your eyes out for a review of the bike. 

The Ubco 2X2 vehicle, which looks like a dirt bike and rides like a moped, started as a way to get farmers around the pasture, but the founders soon saw the utility vehicle’s utility beyond the farm. Now, the company supplies bikes to enterprise fleets, mail services, logistics and more. Ubco is working on a subscription model to make it easier for customers to rent a vehicle with no commitment, and easier for the company to own vehicle end-of-life in a sustainable way. 

Safety first

Tier Mobility, the Berlin-based e-scooter company that recently won one of the London permits and signed on some $60 million worth of debt from Goldman Sachs, has published an e-scooter safety report. The company formed a group called the Tier UK Safety Board in conjunction with charities and transport experts, Tier says. The group is calling for higher safety standards across the sector to protect pedestrians and improve rider safety, particularly for those who are blind or partially sighted.

Might this report just be a ploy for Tier to flex its safety records? Probably, but are the safety suggestions this group is likely trying to make into law also stuff that Tier already does? Also, yes, probably. Here are the things: 

By the way, over at Extra Crunch, I interviewed Veo CEO Candice Xie. I think you’ll find it’s worth checking out.

— Rebecca Bellan

Deal of the weekmoney the station

It’s been a SPAC-tacular week. Yes, I went there.

SPACs, or special purpose acquisition companies, have received a lot of attention in this newsletter. And that’s because the financial instrument, which allows a faster but more expensive path to an IPO, has inundated the transportation sector. Some 22 mobility SPACs occurred in 2020 with the majority of them involving electric vehicle manufacturers like the troubled Nikola Motors and Lordstown Motors, as well as Canoo, which has had its own drama, and Fisker.

In 2021, we’ve seen aviation-related companies take the SPAC plunge along with lidar companies and autonomous vehicle startups. This week, we had solid state lidar company Quanergy and self-driving trucks startup Embark make SPAC deals.

Other deals that got my attention this week …

BMW’s Silicon Valley-based venture capital arm is investing in Kodiak Robotics, a company that develops autonomous trucking technology. While the terms of the deal were not disclosed, Kodiak told TechCrunch that BMW’s investment was financial, not strategic, meaning there’s no technical partnership between the two companies.

Clean Mobility Options Voucher Pilot Program awarded vouchers for mobility projects worth $18 million to eligible under-resourced communities and $2 million set aside and awarded specifically to Native American tribal governments. The funds will be used to support projects that includes on-demand shuttles and microtransit, electric vehicle car sharing, bike and scooter-sharing, carpooling and vanpooling and ride-on-demand services.

Electra Vehicles, which develops software to optimize EV battery system performance, raised $3.6 million in seed funding. The round was led by BlackBerry Limited and the Italian investment group LIFTT S.p.A, with further participation from Club degli Investitori, Massachusetts Clean Energy Center, Hyperplane Venture Capital, Prithvi Ventures, Launchpad Venture Group and TiE Boston Angels.

Holy Grail, a two-year-old startup based in Mountain View, California that is taking a micro approach to solving the outsized problem of capturing carbon, raised $2.7 million in seed funding from LowerCarbon Capital, Goat Capital, Stripe founder Patrick Collison, Charlie Songhurst, Cruise co-founder Kyle Vogt, Songkick co-founder Ian Hogarth, Starlight Ventures and 35 Ventures. Existing investors Deep Science Ventures, Y Combinator and Oliver Cameron, who co-founded Voyage, the autonomous vehicle acquired by Cruise, also participated.

IoTecha, an electric vehicle charging company, has raised $13.2 million in a round led by BP Ventures. The venture firm invested $7 million into the fund. IoTecha connects EV chargers with the electricity grid through its software platform. Their product allows private and fleet vehicles from any manufacturer to communicate with charging stations to signal when they need recharging. It works by gathering information over time, identifying patterns and the energy requirements of each user across all forms of EV charging. IoTecha said that it will use the investment to scale its technology throughout BP’s electrification network.

Lendbuzz, an auto finance platform, has raised $360 million in capital and debt. The $60 million in funding was led by Wellington Management joined by Goldman Sachs & Co and MUFG Innovation Partners. The $300 million in debt financing was led by Goldman Sachs Bank USA. The company, which sells its loan origination and servicing software to dealerships, said it will use the funds to continue its expansion in the United States.

Nikola Corporation is investing $50 million in cash and stock in exchange for a 20% equity in a clean hydrogen project being developed by Wabash Valley Resources LLC. The project will use solid-waste and biomass to produce hydrogen for transportation fuel and electricity generation. Pablo Koziner, Nikola’s President of Energy and Commercial, said in a press release that the project should support future truck sales and the rollout of hydrogen stations throughout the Midwest.

Sendle, a shipping carrier that uses carbon offsetting to run carbon neutral operations for small businesses, has raised a $35 million Series C. The round was led by AP Ventures, with participation from existing investors including Federation, Full Circle and NRMA. Sendle said it would use the funds to expand its operations in the U.S.

Uber reached a deal to become the sole owner of Latin American delivery startup Cornershop, one year after acquiring a majority stake in the company. Uber is acquiring the remaining 47% interest in Cornershop in exchange for 29 million shares. The transaction, which will make Cornershop a wholly owned subsidiary of Uber, is expected to close in July.

Policy corner

the-station-delivery

Hi folks, welcome back to Policy Corner. We’ve got a short one this week but I promise the piece of news is a big one.

President Joe Biden and a group of Senators have struck a deal on a massive infrastructure bill after months of debate. The $1.2 trillion agreement touches nearly all traditional forms of infrastructure, such as roads, bridges and railways – but it also includes some funds for electric transportation.

Unsurprisingly, this was one of the major sources of disagreement among lawmakers, so the funds for these initiatives is far, far less than what Biden originally proposed when he introduced the bill in March. He originally included new rebates for EV purchases, a proposal that’s been wiped from the new bill.

However, the bill does earmark $7.5 billion for electric buses and $7.5 billion to build out EV charging stations. While this is perhaps less than what advocates had been hoping for (and truthfully just a sliver of the original proposal), it’s still a big improvement from last year’s spending on such initiatives.

— Aria Alamalhodaei

Notable reads and other tidbits

the station electric vehicles1

As per ushe, there is a lot of news. Let’s get to it.

Autonomous vehicles

Aurora‘s Board of Directors gained a new member: Sonos’ chief financial officer Brittany Bagley. The company said in a blog post that she brings “a keen understanding of how to ship industry-defining products and a strong sense of fiscal stewardship.”

Plus has hired Lynn Miller as General Counsel. Miller was formerly the Deputy General Counsel at Tesla, where she led Tesla’s privacy program, handled government inquiries and investigations, and led its litigation strategy. Prior to working at Tesla, Miller was part of Apple’s litigation team. 

Pony.ai is considering going public, company CEO James Peng told Reuters on Friday. The company also announced that Lawrence Steyn, vice chairman of investment banking at JPMorgan Chase, would join as chief financial officer. The autonomous tech unicorn has operated robotaxis with human safety drivers in Irvine, California as well as China.

Volvo’s flagship electric SUV, which will debut in 2022, will be outfitted with Luminar’s autonomous driving stack as standard. When the two companies announced the partnership last year, the arrangement was that customers would have to pay extra for Luminar’s system. No longer! But customers will have to pay to access the Highway Pilot functionality, which takes drivers ‘out of the loop’ on highway roads once conditions are verified as safe.

Electric vehicles

Electric Last Mile Solutions, a company that manufactures and sells electric vans and trucks to fleet customers, is heading to the Nasdaq on Monday. ELMS is merging with special purpose acquisition company Forum Merger III Corporation in a SPAC deal valued at $1.4 billion. The SPAC transaction, which was announced last December, will give ELMS $379 million in gross cash proceeds, including $155 million in private investment in public equity (PIPE) funding from private investors BNP Paribas Asset Management and Jennison Associates. The company will be listed on the NYSE under the ticker symbol “ELMS.”

Panasonic divested the entirety of its Tesla stock last fiscal year for around $3.61 billion, Nikkei Asia reported. Panasonic is Tesla’s electric-vehicle battery supplier for its Nevada Gigafactory, and the two companies have had a partnership going back over a decade. An executive for the Japanese company told Nikkei that that relationship “will not change going forward.”

Toyota has entered into an intended partnership VivoPower to use its electrical vehicle convertor kits in Toyota LandCruisers. Through the deal, VivoPower will have exclusivity for the electrification of LandCruisers for five years. This is the first time Toyota has approved an external drive train supplier since Tesla in 2011. The conversion kits will be designed and manufactured by VivoPower subsidiary Tembo e-LV B.V. 

Ride-hailing

Revel’s plans to deploy a fleet of ride-hailing Teslas may have hit a major block after New York City’s Taxi and Limousine Commission voted against issuing new for-hire vehicle licenses to EVs. The Verge’s Andrew Hawkins said the vote was seen as a snub toward the startup. Revel was planning on launching a ride-hailing service using a fleet of Tesla Model Ys.

Other bits

Ryder System, a company that offers heavy-duty truck rentals to commercial fleet customers, was hacked last December. In a letter posted to Vermont’s Attorney General website, the Miami-based company said it was notifying 3,563 individuals of the “unauthorized intrusion.” Customers’ driver’s license numbers, social security numbers (which I’m told by TechCrunch writer Zack Whittaker is highly unusual), and other identifying information was potentially involved in the data breach. 

Porsche is going into the battery business. The automaker announced a new joint venture with Customcells to open a 100 megawatt-hours battery manufacturing plant in Germany. For reference, that’s enough batteries for around 1,000 vehicles. The batteries will be manufactured for Porsche’s line of racing and high-performance vehicles.

News: Robotic beverage maker Botrista raises $10M

Drink making probably isn’t at the top of your list of jobs most likely to be fully automated. The past year-and-a-half have, however, brought into stark relief how large a role robotics could play in the food service industry. I’ve said it time and again on these pages, but the appeal is clear: Robots don’t

Drink making probably isn’t at the top of your list of jobs most likely to be fully automated. The past year-and-a-half have, however, brought into stark relief how large a role robotics could play in the food service industry. I’ve said it time and again on these pages, but the appeal is clear: Robots don’t get sick and they don’t spread diseases the way we human Petri dishes tend to.

There’s been no shortage of investments in the category, and today Botrista (robotic barista, get it?) joins the list with a $10 million Series A. The round was co-led by Purestone Capital and La Kaffa and featured the Sony Innovation Fund, Middleby Corporation and PIDC. It follows a $4 million seed round, bringing the startup’s funding to date to around $16 million.

The company’s premier product is the simply named Drinkbot (Botrista, it seems, is enough pun name to go around). The latest version of the robotic drink mixing system features a refrigerated base with up to eight ingredients, a touchscreen control panel and 14 separate nozzles for dispensing the mixed beverages. The entire process runs around 20 seconds.

Founded by former Tesla engineer Sean Hsu, the company will be using the funding to expand the robot’s footprint across the U.S. on the heels of some pandemic-related transformations to the food service industry.

“In 2020, fountain drink sales were down considerably as consumers rapidly switched their drink preferences and were less likely to order fountain drinks during take-out or delivery,” Hsu said in a press release tied to the round.

Miso Robotics, notably, announced their own plans to release a fountain drink-based robotic system last week.

 

News: Thursday snags $3.5M for a dating app that’s live once a week

Thursday, a dating app that wants to solve problems created by, well, too much time spent using dating apps, had raised a £2.5 million (~$3.5M) seed investment — a few months after launching (in May) its single-matching service in London and New York (and racking up over 52k downloads). Last Thursday (June 17) it says

Thursday, a dating app that wants to solve problems created by, well, too much time spent using dating apps, had raised a £2.5 million (~$3.5M) seed investment — a few months after launching (in May) its single-matching service in London and New York (and racking up over 52k downloads).

Last Thursday (June 17) it says that 110,000 likes were sent, resulting in 7,500 matches in a single day. How many actual dates occurred isn’t something it’s able to report, though.

The seed is double their initial target, with financing coming from Ascension Ventures, Best Nights VC (previously M-Venture) the investment arm of Jägermeister, Connect Ventures, plus early backers of CityMapper, TypeForm and FIIT (processed via SeedLegals).

Notable angels backing the dating platform include Tom Blomfield, founder of Monzo; Matt Robinson, founder of GoCardless and Nested; Ian Hogarth, founder of Songkick; Eldar Tuvey, founder of Wandera and Henry de Zoute, founder of LookAfterMyBills.

So what’s Thursday’s twist in a highly competitive space? The clue is in the name: This dating app is only live for one day per week.

Specifically the app opens for usage at 00.01 each Thursday morning so swiping is compressed into a few hours. All matches and conversations vanish at midnight. Hence users are pushed to act quickly — and “be a bit spontaneous”, as it puts it — if they want to get a date that night.

Profiles are thus fairly basic. Users can upload five photos (either from social media apps like Facebook or their phone’s camera roll) — and share some “topline information” about themselves.

The app also prompts them to answer a few questions — to give a flavor of their personality. And there’s a ‘Stories’ style feature to further show off who they are (again that content deletes after 24 hours).

Matches are based on what Thursday says is a “rough location” — so users being matched are able to figure out a convenient place to meet up. (The app specifies that users’ exact location is never shared.)

Thursday users are encouraged to only log on in the morning if they are free that evening to go out on a date.

Matches are also limited to x10 people a day — to avoid users just trying to maximize their chances by swiping to match with every user they see.

By putting some hard (time) limits on usage, Thursday’s pitch is that service scarcity can fix some of the problematic issues of overuse which can plague dating apps — leading to dating indecision and swipe fatigue. And, well, just waste a lot of people’s time.

It also reckons that by giving users a limited — one day per week — chance to book a date it can put some of the excitement back into digital dating. Which can otherwise, at times, feel pretty transactional.

Commenting in a statement, co-founder George Rawlings said: “Just four weeks into launching and we’re delighted to have a number of notable investors on board who really believe in our vision and back this app. We’ve got big plans with a clear mission, to change a culture of how people date. This is just the start and we will deliver. Dating apps just got exciting again.”

Flush with 2x the amount of seed funding they had initially planned to raise, Thursday’s team intends to step on the gas — and, well, there’s no way to patent this kind of idea so they will need to move quickly to stay ahead of any fast-follows.

No surprise then that the plan for the seed funding includes hiring a head of growth and a head of marketing, in addition to other senior roles and a number of tech hires — and coming up with what they dub as a “six figure marketing strategy”.

Expanding the app to other cosmopolitan cities elsewhere is also on the roadmap. But for now Thursday is only available for singles in London and New York.

Dating apps are already a diverse bunch — catering to all sorts of priorities, communities and kinks, including by applying various creative twists in the name of helping users find a match (such as by limiting who can send the first message; or hiding selfies until a few messages have been exchanged to push beyond superficial swiping).

Time limits on usage is another interesting idea. Albeit, how this type of ‘demand manipulation’ might affect the resulting dating power dynamics remains to be seen. And it seems noteworthy that the founders are both male.

“This is the first version of Thursday and it’s definitely not perfect so in the short term we are going to use this time to tighten up the app, introduce some new features and continue to develop our matching algorithm to make it the most efficient and intuitive matching system on the market,” added co-founder Matt McNeill Love in another statement. “We’re also going to be introducing a not been done before, revolutionary feature, which will really assist with matches resulting in dates.”

Given the accelerated usage timeframe and the vanishing messages Thursday clearly needs to pay careful attention to user security.

On this front it says all users are verified before they join — either by uploading their passport or driving license. It also says it takes abusive messages “extremely seriously” and does not tolerate hate speech, such as racism, body shaming or misogyny.

The pledge is that any such abusive users will be blocked and unable to return.

While the USP of the app is a ‘one day a week’ limit there is, of course, an option to pay to get a little more access.

Thursday says there are “a limited number” of VIP memberships available.

Users who choose to shell out a monthly fee will get their profiles boosted all day (“x60 increased visibility”); be able to send unlimited likes; and be able to unlock Saturday usage… albeit on the bonus day they are presumably limited to the pool of other VIP users as non-paying users are locked out til Thursday.

 

News: Jiji acquires Cars45 as it looks to build a future outside classifieds

Once heralded as disruptive marketplaces, classifieds are giving way to transactional marketplaces. Yet, some classifieds in the West like eBay have evolved with time, acquiring competition operating both models. In Africa, this occurrence is happening in part, at least for the classifieds businesses that haven’t fizzled out. Jiji, one of the largest marketplaces for classifieds

Once heralded as disruptive marketplaces, classifieds are giving way to transactional marketplaces. Yet, some classifieds in the West like eBay have evolved with time, acquiring competition operating both models.

In Africa, this occurrence is happening in part, at least for the classifieds businesses that haven’t fizzled out. Jiji, one of the largest marketplaces for classifieds in Africa, is an example. Today, the company is announcing the acquisition of transactional car marketplace Cars45 for an undisclosed amount.

This news is important for many reasons. But before we get to that, Cars45 has been under different ownership within the past three years that people might have lost track of how many times the company was sold. So it’s important to clear that up.

In 2017, Cars45 raised $5 million from Frontier Car Group (FCG), the Berlin-based company that builds used-car marketplaces focusing on emerging markets. This made FCG the largest shareholder and parent company in the Nigerian car business. Two years later, FCG received $400 million from OLX Group (a division of Prosus, the Netherlands-based separate tech holdings of South African tech giant Naspers). The investment valued FCG at $700 million, with OLX Group taking a controlling stake. In 2020, OLX Group, via its OLX Autos brand, acquired Cars45 from FCG.

OLX Autos shut down FCG’s operations in Berlin this March but still kept control of Cars45 and two other brands: CarFirst in Pakistan and WeBuyAnyCar in the U.S. However, the announcement stated that OLX Autos’ new focus was on Asia and Latin America, which indicated plans to sell Cars45. With today’s news, it seems OLX Group might have washed its hands of most of its businesses in African markets, except South Africa. OLX Group did not immediately respond to a TechCrunch request for comment. 

That said, this is not the first time Jiji and OLX have done business. In 2019, the Naspers-owned online marketplace sold its assets in Nigeria, Ghana, Kenya, Tanzania and Uganda to the seven-year-old classifieds player. As a result, Jiji now commands 10 million unique monthly visits and three million active listings, according to the company stats.

Now, let’s get to why the acquisition is important.

In a call with TechCrunch, co-founder and board member Vladimir Mnogoletniy noted that vehicles listing is the second most popular category on Jiji. He claims the category has over $3 billion worth of listings out of the platform’s total listing exceeding $10 billion (real estate commands almost $7 billion). “We have leading positions in all markets we’re present in and are definitely the classifieds leader in the region. Also, we are probably the largest e-commerce company in Africa by GMV,” he continued.

Jiji

L-R: Anton Volyansky and Vladimir Mnogoletniy (co-founders of Jiji)

Therefore, the acquisition will see Cars45 grow the vehicles category. Furthermore, cars45 will merge its operations in Nigeria (primary market), Ghana and Kenya with Jiji as the classifieds marketplace wants to consolidate its position in the space. In addition, the acquisition of Cars45 will help mitigate problematic trust and safety concerns that have sometimes plagued Jiji and offer a different car buying and selling experience via its transactional marketplace model. In turn,  Cars45 users will benefit from Jiji’s dominance in online classifieds. 

“We will integrate this into one company because this acquisition has a lot of benefits for both. It’s a very common practice when marketplace and transactional business models work together as one project,” co-founder and CEO Anton Volyansky said regarding the integration of both platforms. “For instance, a seller of a car, it’s convenient to sell both ways via a marketplace or auction model. So, it would be like a seamless process for selling the car.”

According to Jiji CFO David Ojo, Cars45’s key value is its network of inspection centres where cars are inspected by more than 200 parameters. Unlike a classifieds marketplace where checks are inadequately carried out, transactional models employed by platforms like Cars45 ensure quality checks and detailed reports on a car’s condition with various databases.

Since its inception in 2014, Jiji is for the first time exploring a business outside its usual classifieds model, which has brought it profitability according to the company. Volyansky calls it a bold step and an important foundation “for building the future of the company.” But of course, the future isn’t void of competition. In fact, it gets more intricate as time goes on. Right now, Jiji has regional competitors in Swiss-owned ROAM and Jumia Deals, and horizontally, Autochek. Yet, Volyansky believes the acquisition of Cars45 might be the first of many transactional marketplace acquisitions to set Jiji apart from other players.

In terms of classifieds, we’re looking at opportunities, but we are already a leader in Africa, so I think there’s very limited space for whom to acquire. However, we’re primarily interested in deals like Cars45, where we bring our leadership positions from classifieds and acquire very close business models that give us exposure to the transactional marketplace. So for us, a major interest will be to acquire adjacent business models,” he explained.  

Soumobroto Ganguly, CEO of Cars45, commented: “We are proud to have built a trusted buying and selling experience in autos. It makes sense to combine online and offline expertise. Merging with Jiji is aimed at creating a new kind of automotive retail experience for users in Africa. We are confident of jointly building an African Champion in the O2O Automotive Sector. Together we look forward to making transactions transparent and convenient for our customers, dealers and franchisees across all our current and future markets.”

News: PayMaya owner Voyager Innovation raises $167M from KKR, Tencent and IFC, to launch digital bank in the Philippines

Voyager Innovations, the Manila-based owner of PayMaya, one of the Philippines’ most popular payment and financial services apps, announced today it has raised $167 million in new funding to launch more financial services, including a digital bank. The raise includes $121 million in new funding, and $46 million from previously committed funds. Voyager announced in

Voyager Innovations, the Manila-based owner of PayMaya, one of the Philippines’ most popular payment and financial services apps, announced today it has raised $167 million in new funding to launch more financial services, including a digital bank.

The raise includes $121 million in new funding, and $46 million from previously committed funds. Voyager announced in April 2020 that it had secured up to $120 million in investment commitments from PLDT, KKR, Tencent, the International Finance Group (IFC) and the IFC Emerging Asia Fund.

The latest capital came from existing shareholders PLDT, one of the country’s largest telecoms, KKR and Tencent, and new investors including IFC Financial Institutions Growth Fund, managed by IFC AMC, a member of the World bank Group (another one of Voyager’s investors).

Voyager’s total raised since 2018 now stands at $452 million.

Along with competitors GCash and Coins, PayMaya is one of the most popular financial “super apps” in the Philippines. Its services include a digital wallet, online remittances, bill payments, bank transfers, prepaid cards and an e-commerce feature called PayMaya Mall that connects consumers to 350 merchants.

In its funding announcement today, Voyager said it has applied for a digital bank license with Bangko Sentral ng Pilipinas (BSP), the Philippines’ central bank. A representative for the Voyager said the neobank will launch about six months after Voyager secures its license.

PayMaya has more than 250,000 digital-finance access touchpoints, like convenience stores, where users can top-up their accounts. Voyager says this is seven times the number of ATM and bank branches in the Philippines, making PayMaya more accessible than traditional banks, especially in remote or rural areas.

According to the BSP, about 71% of Filipinos were unbanked as of 2019. The BSP has set financial inclusion goals it wants to achieve by 2023, including onboarding 70% of Filipino adults to payment or transaction accounts, and converting 50% of total retail payments into digital form.

PayMaya and Smart Padala by PayMaya, its remittance service, claim its total registered users doubled over 18 months to 38 million as of June 2021. This year, Voyager also began expanding PayMaya’s services with working capital loans for micro- to mid-sized businesses through PayMaya Lending Corp, and PayMaya Protect insurance policies for health coverage and devices.

News: Vietnamese investment app Infina lands $2M seed round

The pandemic has spurred interest in saving and investment apps around the world, especially ones geared toward newer investors. In Southeast Asia, startups in this space that have raised funding over the past few months include Ajaib, Bibit and Stashaway—and that’s just a (very) partial list. Now Infina, which calls itself the “Robinhood of Vietnam,”

The pandemic has spurred interest in saving and investment apps around the world, especially ones geared toward newer investors. In Southeast Asia, startups in this space that have raised funding over the past few months include Ajaib, Bibit and Stashaway—and that’s just a (very) partial list. Now Infina, which calls itself the “Robinhood of Vietnam,” is announcing an oversubscribed $2 million seed round.

The seed funding, which was made in two closes, included participation from Saison Capital, Venturra Discovery, 1982 Ventures, 500 Startups, Nextrans, and angel investors like executives at Google and Netflix.

Infina launched its app in January 2021. Most of its users are between the ages of 25 to 40 and looking for alternatives to investing in long-term asset classes like real estate. The app requires a minimum contribution of about $25 USD and lets investors pick from assets including savings accounts, term deposits, fractionalized real estate and mutual funds, which founder and chief executive officer James Vuong told TechCrunch is currently the most popular asset class among Infina’s users. Infina works with financial partners like Dragon Capital, ACB Capital, Mirae Asset Fund Management and Viet Capital Asset Management.

The company notes that only about 3.2% of people in Vietnam have invested in stocks. But according to the Vietnams Securities Depository, about 500,000 trading accounts were opened during the first five months of 2021, a 20% increase from all of 2020. This, along with Vietnam’s high internet penetration rate (about 70% as of January 2020) and the fact that more than 3/4 of of internet users have used online financial services before, lays the groundwork for apps like Infina to take traction.

In statement about its investment, Saison Capital partner Chris Sirise said, “Retail investing in Vietnam is at an inflection point and we have seen multiple other emerging markets reach this break-out point. With an experienced team that is passionate about financial literacy and education, Infina is well-positioned to ride this wave of growth.”

Before founding Infina, Vuong was an engineer in Silicon Valley before returning to Vietnam to serve as vice president of investment and a Kauffman Fellow at IDG Ventures. He also founded a startup called Lana Group that was acquired by Line Group. Vuong told TechCrunch he believes Vietnam is entering a “‘golden decade’ of hyper uninterrupted growth as other Asian Tigers have had in the past,” and created Infina to gives retail investors a chance to partake in Vietnam’s financial trajectory.

While at home during various stages of lockdown in Vietnam, Vuong said many internet users began switching to digital services, including for investments. He added that a series of interest rate cuts by Vietnam’s Central Bank to help businesses during COVID-19 prompted many retail investors to look for alternatives with higher returns than term deposits.

“A majority of our users are new investors,” said Vuong. “Although they are familiar with savings, fixed income or mutual fund investing are relatively new to them.” The app’s interface and content is geared toward them.

When users register, Infina surveys their risk and return profile, then recommends an asset to begin with. As they continue investing, Infina’s users see information about the risk and return profile of each asset category and the issuer’s profile, investment strategy and historical performance. Like other investment apps with many newer investors, Infina also creates its own educational content, like blog posts, daily newsletters and videos.

“We are very transparent in communications on risk and returns, profits and fees, and that’s our advantage compared to other platforms,” said Vuong. He added that part of the new funding will be used to hire people with technical and investment backgrounds to further develop Infina’s KYC (know your customer) system to better analyze their risk appetite, as well as its system for evaluating each asset class.

Other investment apps in Vietnam include Finhay and Tikop. When asked how Infina differentiates from its competitors, Vuong noted its wide range of asset classes, low minimum and transparency about different types of investments. He added that Infina is not majority owned or tied to a particular issuer, “which allows us to be neutral and work with all of the country’s high-quality fund managers.”

News: Slice raises $20 million to go after the credit card industry in India

Slice, an Indian fintech startup that has built a “super card” for millennials in India, said on Monday it has raised $20 million in a new financing round and is adding new features to change how people engage with their credit cards. Existing investors Gunosy, Blume Ventures and others financed the new round in the

Slice, an Indian fintech startup that has built a “super card” for millennials in India, said on Monday it has raised $20 million in a new financing round and is adding new features to change how people engage with their credit cards.

Existing investors Gunosy, Blume Ventures and others financed the new round in the Bangalore-headquartered startup, it said.

Even as hundreds of millions of Indians today have a bank account, only about 30 million have a credit card. Most people in the South Asian market are not eligible to get a credit card, and even many of those who are don’t bother to get one because the experience of signing up is too clumsy, time consuming, and the rewards don’t make up for it.

Slice has made it easier for far more people — even those without a traditional full-time job — to get a card, and the signup process doesn’t take forever.

New credit card additions in India. Data: Reserve Bank of India, Morgan Stanley. Image: Morgan Stanley

Rajan Bajaj, founder and chief executive of Slice, said in an interview with TechCrunch that the startup, which has already amassed over 3 million users, is now bringing rewards to its app as it attempts to turn the plastic card into a larger financial instrument.

“You use your card more often than you use Uber, Ola, Swiggy and Zomato combined. But the payment experience on the card leaves a lot to be desired. Eventually, if customers don’t see a value, they will abandon the card and move elsewhere,” he said.

“Banks treat credit cards like a loan product instead of a high frequency payment instrument and make money through late charges and interest rates. You see a random charge on your credit card statement, you don’t recognize it so now you have to deal with a customer representative. More than half such users give up and just accept those charges,” he said.

“We are upfront about all of this. There’s no such thing as a joining fee or annual fee for Slice members and there’s no minimum amount they are required to pay each month,” he said, adding that the startup is also profitable. “As we were building our platform, we recognized that there were many things that a credit card firm engages in that didn’t make sense for the customers, so we didn’t include those,” he said.

Slice’s eponymous app shows hyperlocal deals from restaurants and also gives back up to 2% cashback on each transaction that is instantly redeemable to cash, he said.

One of the ideas behind the rewards, said Bajaj, is to have people engage with the app more often so that they know how much money they are spending. Customers can also use the app to make several purchases (for instance, by scanning a QR code).

“We see the card as a payment product, and we are solving it as a consumer experience problem with a customer first approach in mind,” he said. Within six months of joining Slice, more than 65% member’s credit score climbs to 730, he said.

To make it easier for members to pay their bills and not worry about any additional charges, Slice now offers them the ability to split their bill and make the payment in a duration of up to three months — the longest in the industry — at no interest.

Slice has also become a formidable rival to established credit card firms in recent years. Bajaj said about 50% of new customers who are joining Slice today hold a credit card from a competing firm, he said. More than half of these customers switch to Slice as their primary card, he added.

“With the new features, which are very competitive, we expect to switch more than 80% of customers who own other cards to use Slice as their primary card in the next six to eight months,” he said, adding that the startup is able to offer better rewards than most credit cards because it spends just a fraction of its rivals in acquiring new customers.

“Our existing customers tell their friends about Slice. We don’t have to stand in malls and airports to advertise our product,” he said.

The coronavirus pandemic has significantly shrunk people’s spending habits and hence hurt several fintech startups. But the Bangalore-based startup said not only has it recovered but it’s also growing. Slice said the month of May was its best month since inception, and June has shown 25% growth.

The startup, which provides users credit limit through its own balance sheet, said it will deploy the fresh funding into developing more features for customers.

“Slice’s biggest advantage is how well they understand millennials and gen z. Their approach to solving their issues has been truly refreshing and building something simple and hassle-free has been a part of their DNA since inception. The Slice super card has the potential to fundamentally change the way the next generation thinks about the concept of credit cards altogether and we, at Gunosy, are glad to be a part of their growth story,” said Shinji Kimura, chairman and chief executive of Gunosy, in a statement.

News: Egypt’s Minly raises $3.6M to connect celebrities and fans through personalized experiences

In the past couple of years, we’ve seen a growing trend of creators adopting digital and social media, not just as a supplement to their media presence but also as a cornerstone of their personal brand. The pandemic has surely accelerated creator economy trends. Many popular artists and figures have had to postpone concerts and

In the past couple of years, we’ve seen a growing trend of creators adopting digital and social media, not just as a supplement to their media presence but also as a cornerstone of their personal brand.

The pandemic has surely accelerated creator economy trends. Many popular artists and figures have had to postpone concerts and live events, subsequently using social media to carry out these activities and engage their fans. Proliferating through Western and far East markets, the creator economy bug, which has made platforms like Cameo and Patreon unicorns, is beginning to take centre stage in MENA.

Today, Minly, an Egypt-based creator economy platform, is announcing that it has closed a $3.6 million seed round to allow stars across the MENA region to create authentic, personalized connections with their fans.

The round, which Minly says was oversubscribed, was co-led by 4DX Ventures, B&Y Venture Partners, and Global Ventures. It also included participation from unnamed regional funds and angel investors like Scooter Braun, founder of SB Projects and Jason Finger, co-founder of Seamless and Grubhub. 

Experts say time spent viewing social media surpassed time spent viewing TV within the MENA region. But one shortcoming with social media is that its content often feels mass-produced. When creators make posts, it’s most times void of personalization to the different categories of fans they possess. In a way, this dilutes the fan experience and limits the extent and number of ways the creator can monetize.

This is where Minly comes in. The company was founded last year by Mohamed El-Shinnawy, Tarek Hosny, and Bassel El-Toukhy. It provides tools for creators to craft what it calls ‘authentic connections’ with their superfans and audience at scale. “In short, our goal is to eventually deliver tens of millions of unique, unforgettable experiences to fans each year,” El-Shinnawy said to TechCrunch.

Shinnawy, who brings more than 15 years of media and technology experience to the table, is the chief technology officer at Minly. He sold his first company Emerge Technology to a U.S.-based media company. He has also delivered work for Hollywood’s top studios, such as Sony Pictures Entertainment, Universal, Disney, Fox, and Warner Brothers, while playing a role in the global expansion of Apple TV+, Disney+, and Netflix to the MENA region.

Minly

Mohamed El-Shinnawy (co-founder and CTO, Minly)

Minly has experienced rapid growth since launching late last year. It has more than 50,000 users along with an impressive list of popular regional celebrities.

On the platform, users can buy personalized video messages and shoutouts from their favourite celebrities, get unprecedented access to the talent they admire most, and celebrities, in turn, connect with their fans on a deeper level. Minly has also assembled a diverse roster of celebrities. They range from traditional movie and television stars and athletes to musicians and internet influencers. Some of these popular figures include Tamer Hosny, Fifi Abdou, Assala Nasri, and Mahmoud Trezeguet.

We think that we have already differentiated ourselves from other creator economy platforms in the region. We do this by offering the best catalogue of stars and user experience. And our entire team is working hard to grow this gap even further,” said El-Shinnawy on the crop of stars Minly has onboarded to the platform

The CTO further gave instances of the connection created by celebrities with their fans. Last year, Egyptian singer Tamer Hosny made a surprise appearance at two fans’ engagement party. Actress and dancer Fifi Abdou also sent a personal message to one of her biggest fans, who has Down syndrome.

Minly takes a small commission on transactions made through its platform. However, the majority of the transaction price, a figure Minly didn’t disclose, goes directly to creators. And at the same time, Minly urges celebrities to automatically donate a portion of their earnings to partner charities on the platform.

Minly’s knack for creating a personalized experience is why Pan-African VC firm 4DX Ventures invested. The firm’s co-founder and general partner Peter Orth, who will be joining Minly’s board, said the company is fundamentally changing the relationship between celebrities and fans in the MENA region. “The team has both the ambition and the expertise to build a full-stack digital interaction platform that could change the way digital content is created and consumed in the region,” he added. 

The creator economy market surpassed $100 billion in value this year and is still growing at an impressive rate. The pace of content creation will only speed up since surveys suggest that being a YouTuber or TikTokker or the most common term, a Vlogger is one the most desirable careers among Gen Zs. VC firms like a16z, Kleiner, and Tiger Global have also heralded this growth. They have considerably contributed to the more than $2 billion invested in creator economy platforms this year.

In MENA, there’s a huge opportunity for Minly. The region has over 450 million people, of which 30% are between the ages of 18 to 30. This demography is known to have a deep connection with social media, and El-Shinnawy believes MENA will soon contribute to a large part of the total creator economy. For Minly, the goal is to capture a huge portion of that spend and become a multi-billion dollar category-leading company. The creator platform has a case to do so. As it stands, the opportunity to build a creator economy one-stop-shop in MENA is huge compared to other regions that already have multiple entrenched incumbents. Also, Minly is one of the few platforms in the region with meaningful venture funding.

“The creator economy is in its infancy and growing at lightning speed. We have the opportunity to build this category’s first unicorn in MENA,” the CTO remarked.

With this investment, Minly is doubling down on building local celebrity acquisition teams in Egypt and other parts across MENA and the GCC, where it has seen significant traction. The company will also scale its engineering team to churn out more products to build a horizontal creator platform.

News: This Week in Apps: Android apps on Windows 11, App Store Search Ads hit China, Apple argues against sideloading

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy.

The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. And in the U.S., app usage surged ahead of the time spent watching live TV. Currently, the average American watches 3.7 hours of live TV per day, but now spends four hours per day on their mobile devices.

Apps aren’t just a way to pass idle hours — they’re also a big business. In 2019, mobile-first companies had a combined $544 billion valuation, 6.5x higher than those without a mobile focus. In 2020, investors poured $73 billion in capital into mobile companies — a figure that’s up 27% year-over-year.

This week, there’s big news with the expansion of Android apps to Windows. Apple also came out swinging against sideloading and expanded its profitable Search Ads business to China…with more than a few caveats. Meanwhile, TikTok launched its own take on mini-apps after tests, making its videos more interactive.

This Week in Apps will soon be a newsletter! Sign up here: techcrunch.com/newsletters

Top Stories

Microsoft brings Android apps to Windows 11

Image Credits: Microsoft

Microsoft surprised industry observers this week at its Windows 11 event with news that it will make Android apps available on the next version of its operating system. The apps will run natively on Windows 11 and can be downloaded from Amazon’s Appstore through the new Windows Store included in the updated OS. They’ll also be able to be integrated into the Start menu and pinned to the taskbar, and can tile or “window” as part of the OS’s new application placement user interface.

The Amazon partnership will bring increased attention to the Amazon Appstore, whose importance has somewhat fizzled over the years given the general lack of investment and its close ties to Amazon Fire devices, which are outsold by iPad. App developers today tend to focus initially on the App Store and Google Play, not Amazon’s Appstore. However, bringing some 3 million Android apps to Windows users opens up a huge new potential market for Android. But could it actually make coding for “iOS first” less of a given for certain types of applications — like those that complement the productivity environment enabled by a Windows PC, perhaps?

In the near-term, more consumers may begin to sideload the Amazon Appstore app on their Android devices for their paid app installs in order to gain access to the cross-platform support a Google Play version would not necessarily provide.

Microsoft noted during the event that it’s partnering with Intel to use its Intel Bridge technology to make this Appstore integration possible on x86 systems. However, the Intel-powered apps will also run on AMD and Arm processors, The Verge noted, though the technical details of how that will work were not immediately available.

Microsoft during the event demonstrated how the app integration would work by showing off TikTok running in a vertical format on the new Windows OS. This may not have been the best example, as TikTok has a fairly usable website for watching videos. Meanwhile, the image of the Amazon Appstore in the Windows Store showed other apps including those from Ring, Uber, Yahoo, Khan Academy, Kindle, Game of War: Fire Age, My Talking Tom Friends, and more, which indicates this is a comprehensive rollout.

Ahead of this news, Amazon announced it would soon lower its cut on app developer revenues from 30% to 20%, as part of a new program for small businesses. The program, which also includes promotional credits for AWS, could help boost developer support for the Appstore. Plus, on the larger Windows Store, non-game developers can keep 100% of their revenue if they use their own payment platforms for in-app purchases. Apps and games using Microsoft’s payment platform split revenue with the company at 85%/15% and 88%/12%, respectively. This sort of commission structure combined with the introduction of Android apps makes the Windows Store seem more developer-friendly than Apple’s App Store, which Microsoft likely hopes will keep it out of antitrust crosshairs.

Apple launches Search Ads in China

Apple this week brought its search advertising business to China five years after its U.S. debut. The system allows developers to bid on an advertising slot based on keywords users search for in the App Store. Though the move opens up a major new market for app developers, the system in China is fairly complex and comes with several caveats. Developers will need to upload documents, including business licenses and other files, that confirm their account has been approved before being able to run ads. Apple may then submit these documents to third-party databases and government entities for validation.

According to Apple’s guidelines, the industry-specific licenses required exclude most foreign businesses from directly advertising in mainland China. Instead, they’ll need to work with local partners who will run ads on their behalf.

The expansion for now only includes the Search Ads in the App Store and not the newly added Search Tab ads, where developers can bid on a slot directly on the Search tab in the App Store itself.

Weekly News

Platforms: Apple

Apple released iOS 15 beta 2 and iPadOS 15 beta 2 for app developers. New features include support for SharePlay, updated Memoji outfits, a new Maps icon, a welcome screen in the updated Weather app, access to launch Quick Note with a swipe from bottom-right on iPad, Shortcuts improvements, bug fixes for iCloud Private Relay, and more. WatchOS 8 beta 2 was also released.

The iOS 15 beta code also revealed Apple is working on a feature that will allow users to update to a beta release when restoring a device from backup instead of being told that you can’t use backups of newer iOS versions.

iOS and iPad apps will now be able to request privileged access to more RAM in iOS 15, exceeding normal system memory limits, 9to5Mac also discovered.

✨ Apple this week published a white paper (PDF) where it presents its argument against any legislation that would force the company to allow sideloading of apps on iOS or iPadOS devices outside its App Store. While there are consumer benefits to allowing for choice — like getting your hands on apps that don’t fit Apple’s rules, for example — Apple makes the case that sideloading could compromise user privacy and security in a number of ways, including potentially opening up users to being scammed and making it more difficult for parents to lock down kids’ iPhones, among other things. Pirated apps could also eat into legitimate developer revenue, not to mention Apple’s own. Apple’s Director of User Privacy Erik Neuenschwander went into further detail with Fast Company about Apple’s position, noting attackers could even trick users into thinking they were downloading from the App Store when they were not.

Platforms: Google

Google’s Android Essentials is now generally available through additional partners in the U.S., the U.K, Japan, France and Germany, with more countries coming soon after a more limited testing period. Essentials makes it easier for companies to manage and secure Android devices in the workplace by enabling features like remote wiping of lost or stolen devices, enforcing a screen lock, and preventing sideloading of applications.

Google opened its Play Media Experience Program globally. The program allows developers to invest in scaling their services beyond mobile to reach other devices including experiences across Video (Android TV, Google TV, Google Cast); Audio (Wear OS, Android Auto, Android TV, Google Cast); and Books (tablets, foldables, integration with the new Entertainment Space.)

E-commerce

Facebook announced a trio of new commerce features this week, including the expansion of its Shops service to WhatsApp as well as Marketplace in the U.S.; Shop Ads, including AR try-on ads in the U.S., and an A.I.-based Visual Search feature on Instagram, where users can upload photos to find similar items.

Augmented Reality

Apple launches an AR-enabled Snapchat Lens to promote Apple Pay Express Transit in New York. The Lens lets users ride the subway through Kings Theater in Flatbush, the Sea Glass Carousel in Battery Park, and the Great Hall at the New York City Hall of Science.

TikTok and Spotify teamed up with makeup brand MAC on a digital campaign that offers an AR lens with lip colors users can virtually try on. The campaign involves MAC’s Love Me Liquid Lipcolor and is running in the U.K. across both apps.

Social

TikTok launched its own mini-app integrations. With its new Jump feature, creators can add interactive third-party integrations to their videos from services like Whisk, Quizlet, Breathwrk, StatMuse, Tabelog, BuzzFeed, Jumprope, IRL and WATCHA.

Instagram said it’s testing a new feature in English-speaking markets that will mix Suggested Posts into your Feed. The company will use its algorithmic suggestions to help point people to accounts they may want to follow, with an apparent goal of increasing time spent in the app.

Twitter announced a new feature will make it possible to share tweets directly to Instagram Stories. To use the feature, which is only on iOS for now, you’ll tap the share icon on a tweet and select “Instagram Stories.” When the Instagram app opens, you can resize or reposition the tweet sticker before posting.

Snap made a deal with Universal Music Group. The deal allows Snapchat users to add song clips from the UMG catalog to their Snaps and on Spotlight, Snap’s TikTok rival.

Twitter has opened up applications for U.S. users who want to test its Ticketed Spaces and Super Follows features. The company said only a “small group” will be able to test the features for the time being. Super Follows lets creators charge $2.99, $4.99, or $9.99 per month for exclusive content. Ticketed Spaces lets creators charge between $1-$999 for access to live audio rooms.

Messaging

Newly relaunched mobile app Squad debuted an audio-based mobile messenger that allows friends to send voice messages to one another that expire after 14 hours.

Dating

After a handful of competitors took on Tinder with video-based dating, Tinder this week introduced a feature that allows daters to upload up to nine videos to their profiles. It also added a speed-dating feature called “Hot Takes” that lets unmatched users chat for a short period before swiping left or right, from 6 pm to midnight on weekdays.

Streaming & Entertainment

YouTube for iOS is officially gaining support for picture-in-picture in the U.S. The feature will allow all users, both free and paid, to watch YouTube while using other apps on their iPhone.

Clubhouse was spotted working on DM text chat feature called Backchannel that would allow users a new way to connect.

Kuaishou, the operator of China’s second-largest short-form video app behind TikTok (Douyin in China), reaches 1 billion monthly active users. The company says the MAU figure includes all of its existing platforms in China, plus its Kwai and Snack Video apps in international markets.

Wattpad and WEBTOON merged their studio divisions to create Wattpad WEBTOON Studios. The deal follows South Korea-based Naver’s recent acquisition of Wattpad in a transaction estimated to be more than USD$600 million, which aligns the two storytelling and entertainment divisions. Both will benefit from the company’s data-driven approach to sourcing content from storytelling apps to turn into TV shows, movies and books.

Gaming

New titles came to Google Stadia, including Madden NFL 2022 — the first sports title to launch on a cloud gaming platform. Google Stadia’s Android TV app also launched on the Play Store with a “Coming Soon” message.

Player spending in U.S. mobile sports games rose 16% year-over-year to $648.8 million, according to Sensor Tower data. The top app by player spending in the U.S. between June 1, 2020 and May 31, 2021 was Golf Clash from Playdemic, which generated $132.8 million. The No. 2 and No. 3 grossing Sports titles were 8 Ball Pool from Miniclip and Fishing Clash from Ten Square Games.

More than half of the $175 billion earned by the games industry this year will come from mobile games, per Newzoo and Arm’s annual report. Mobile games will be increasingly high-fidelity and cross-platform, the report said.

Classic mobile game Jetpack Joyride is also being added to Apple Arcade, following a recent announcement that more classic games would be soon added to the subscription gaming service.

Health & Fitness

Google and the state of Massachusetts got busted by silently installing the state’s COVID-tracking service, MassNotify, on users’ devices without consent. The auto-installed version isn’t an app and instead is only available as a setting users could enable or disable.

Government & Policy

Indian microblogging app Koo is selling itself as a partisan Twitter alternative in Nigeria by supporting government restrictions on social media platforms.

A French court has set a date in the case over allegedly abusive App Store developer contracts brought by the finance ministry against Apple. The hearing will take place Sept 17, 2021, and could influence Apple’s decision to change developer terms and agreements.

Google may soon face antitrust claims over its Play Store from several U.S. states, Reuters reported. A group of state attorneys general may file a lawsuit against Google as early as next week, the report claims, citing sources. The investigation is being led by Utah, Tennessee, North Carolina and New York.

Security & Privacy

Enterprise customers using Jamf to manage Macs gained access to a new Jamf Unlock app for iPhone, which allows users to unlock their Macs using Face ID on their iPhone.

Funding and M&A

💰 MAJORITY raised $19 million in seed funding for its mobile banking service for migrants. The app offers a $5 per month subscription that offers an FDIC-insured bank account, debit card, mobile credit, and at-cost international calls. The round was led by Valar Ventures, with participation from Avid Ventures, Heartcore Capital and several Nordic fintech founders.

💰 Mobile commerce startup Via raised $15 million in Series A funding for its suite of mobile marketing tools for e-commerce apps. The round was led by led by Footwork, the new venture firm co-founded by former Stitch Fix COO Mike Smith and former Shasta Ventures investor Nikhil Basu Trivedi. The startup has generated $51 million in sales since May 2020.

💰 Viva Republica, the maker of Korean financial super app Toss, raised $410 million at a $7.4 billion valuation. The app offers standard neobanking features, as well as P2P payments, money transfers, loans and more.

💰 Sporttrade raised $36 million for its sports betting and stock trading combo service, which is set to release its app in New Jersey later this year. Investors included former heads of Nasdaq and MGM Resorts.

🤝 EA is acquiring Warner Bros. Games’ Playdemic mobile games studio for $1.4 billion in cash. Playdemic is best known for “Golf Clash,” a top mobile game in the U.S. and U.K. with over 80 million installs to date.

💰 Charlotte, N.C.-based mobile payments platform Payzer raised $19.5 million according to an SEC filing. The company offers an end-to-end management platform for contractors on a subscription basis.

💰 Happs raised $4.7 million in post-seed funding for its multicast livestream platform aimed at the creator economy. Users can broadcast live to Facebook, YouTube, Twitter and Twitch simultaneously via the app, and view live comments from all supported social media sites.

🤝 Amazon’s AWS is acquiring  the secure messaging app Wickr, which has been providing services to government and military groups and enterprises. Wickr had raised just under $60 million in funding, per Pitchbook data.

Downloads

Brave

Image Credits: Brave

Alternative browser Brave this week introduced its own search service, Brave Search, now available in beta across all platforms — including web, Android and iOS. The service is different from other search engines because it does not track or profile users, and it leverages its own search index for answering queries instead of relying on other providers. Its ranking algorithms will be community-curated and open. Soon, it will also offer options for both an ad-free paid search and an ad-supported search option, allowing users to decide how they want to proceed.

Brave Search was announced in March when Brave acquired Tailcat. The company says the new service will later this year become the default in the Brave browser.

Moonbeam

Image Credits: Moonbeam

Kayak’s co-founder Paul English this week officially launched Moonbeam, a podcast discovery app that leverages a combination of machine learning and human curation to create a newsfeed-style stream of audio content, similar to Podz. Podcasters can also select clips of their shows to feature on the app. Plus, the app allows fans to tip creators directly — and Moonbeam doesn’t take a cut. The app learns what sort of podcasts you may like based on how you interact with those it features, so your recommendations improve over time. Moonbeam can also serve as your podcast player, offering the ability to play back full episodes.

Reading Rec’s

Tweets

Feels very much like Amazon and Microsoft trying to team up to take on Apple. https://t.co/ELWCrYcK0c

— Dan Moren (@dmoren) June 24, 2021

Gives a boost to Amazon for more developers who will want apps there to leverage Windows. Probably most important partnership announced

— Michael Gartenberg (@Gartenberg) June 24, 2021

App Store revolution has been temporarily delayed.
Screenshots are back for the installed apps in the search results in iOS 15.0 beta 2 pic.twitter.com/DDvk1brQgK

— ilia kukharev (@ilyakuh) June 25, 2021

(Quick, painful aside: On the podcast I explained that Apple completely broke the method @LaunchCenterPro has been using for Home Screen customization. We now have to remove the feature from the app and somehow explain it to our users who paid for that feature. It’s crushing.) pic.twitter.com/k5nOVZHDXz

— David Barnard (@drbarnard) June 23, 2021

WordPress Image Lightbox Plugin