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Crunch Report | DeviantArt Acquired by Wix

DevianArt gets acquired by Wix, AirMap raises $26 million, Airbnb buys Tilt, Google releases perspective for comment toxicity rating and more. All this on Crunch Report. Read More

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Airbnb finalizes deal to buy social payments startup Tilt

tilt founders khaleed james beshara Airbnb has finalized its deal to buy social payments startup Tilt, TechCrunch has confirmed. We reported on the acquisition talks last month, but now everything has been made official. We are told that investors will be getting back about $12 million in cash, but the deal value is tens of millions of dollars higher if you include employee retention packages, which were paid for in cash… Read More

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Innovation under the hood will rev the engines of a fintech revolution

15508915702_f1edbff91f_k New consumer-facing financial applications are being built on top of old banking infrastructure, while other startups are going around financial infrastructure altogether. Together, they are unbundling the roles of banks and other financial incumbents. Read More

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