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Revolut applies for bank charter in the US

TechCrunch

These accounts let a company send and receive international payments more easily. Companies can also use the service for payments with virtual and physical debit cards. In Europe, Revolut has a specialized license from the Bank of Lithuania — some customers are already moving their account to Revolut Bank. In the U.S.,

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Freelancing is the new normal: oDesk and the future of the workforce marketplace

The Next Web

The company’s VP of Business Development & International Matt Cooper, with whom I spoke a few days before the IDCEE conference where he came to give a talk, is not really concerned with the rivals’ numbers though. Among other fastest-growing client countries one can also find Latvia, Pakistan, Romania, Lithuania, and Malaysia.

Russia 151
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Y Combinator widens its bet in edtech in latest batch

TechCrunch

Before I move on to our next section, I do want to shout out two startups that I think embody the most ambitious bets in business model: UPchieve: A nonprofit for low-income high school students to access free, 24/7 virtual tutoring. The growing internationalization of Y Combinator might help partially explain the uptick in edtech companies.

India 108
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Locals share why Vilnius, Lithuania is becoming an international startup hub

TechCrunch

There are plenty of reasons why Vilnius, Lithuania’s capital city, has an increasingly visible startup sector. No reason to slow down as more international talent is moving to Vilnius from other EU and Asian countries. Lithuania is now fourth in the global fintech ranking after the U,S,, the U,K, and Singapore.

Lithuania 103
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Despite remote work and the economic downturn, some companies look to London for expansion

TechCrunch

London in particular remains a key destination for international firms looking to spread their proverbial wings, with U.S. This includes international companies that are establishing a presence for the first time, and those that are expanding an existing footprint (this may include M&A activity). capital in recent months.

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ChatGPT: Everything you need to know about the AI-powered chatbot

TechCrunch

The tech giant created a chatbot that some engineers are internally referring to as “Apple GPT,” but Apple has yet to determine a strategy for releasing the AI to consumers. May 25, 2023 ChatGPT app is now available in 11 more countries OpenAI announced in a tweet that the ChatGPT mobile app is now available on iOS in the U.S.,

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