Tantan, China’s top dating app, raises $70M for monetization and overseas expansion push

 Chinese startup Tantan, which is probably most comparable to Tinder, has raised $70 million in new capital as it looks to monetize its business for the first time and explore overseas expansion options. Three-year-old Tantan claims 60 million ‘validated’ users — i.e. not fake accounts — of which six million are active on a daily basis. Of those active users, 75 percent… Read More

Russian freight service Deliver closes seed round of $8M, with European plans

 Russia-based online freight service Deliver (formerly iCanDeliver) has closed a seed round of $8 million. The startup automates the process of ordering freight transport and makes things more efficient by finding the closest sender. Read More

Snapchat acquires social map app Zenly for $250M to $350M

 Snapchat’s newest feature Snap Map is based on its latest acquisition, social mapping startup Zenly. TechCrunch has learned that Snapchat has bought Zenly for between $250 million and $350 million in mostly cash and some stock in a deal that closed in late May. Snapchat will keep Zenly running independently similar to how Facebook lets Instagram run independently. Read More

TrueLayer raises $3M Series A to provide fintech companies with easy access to bank APIs

 TrueLayer, a London startup that’s built a developer platform to make it easy for fintech companies to access bank APIs — and ride the PSD2 gravy train — has raised $3 million in Series A funding. Read More

Language learning startup Lingokids scores $4M funding and partners with Oxford University Press

 Madrid, Spain-based (and U.S. incorporated) edtech startup Lingokids is on a mission to get young kids learning a second language. The company, previously known as Monkimun, offers language lessons in the form of interactive games for children aged 2-6 and delivered via an online subscription and parental portal. It currently provides English and simplified Chinese, with Spanish to be… Read More

Soldo, a London fintech startup that offers a multi-user spending account, raises $11M led by Accel

 Soldo, the London-based fintech startup that offers a multi-user spending account, first launched for consumers and since tailored to businesses too, has raised $11 million in Series A funding. Read More

Agentology, the referral network for real estate agents, closes on $4.5 million

 Real estate is one of those industries that has been rather slow on the uptake of technology, which makes a lot of sense. Buying and selling a home is one of the biggest, most personal decisions in a person’s life, and the shift to online browsing, transactions, etc. was bound to take longer than other sectors. Brokers, too, have grown accustomed to their ways and are usually hesitant to… Read More

AimBrain, a startup that uses biometric authentication to fight fintech fraud, raises £4M Series A

 AimBrain, a London startup that offers “biometric identity” as a service to help fintech companies and other financial institutions fight fraud, has raised £4 million in Series A funding. Read More