Mobile News - Week of May 24, 2021





Issue #141 — View online — Suggest a link

The latest news and information about startups and innovations from the mobile world.

Big congrats to Jack McDonald, Arthur Britto (founder of Ripple) and the Polysign team for raising Series B led by Cowen!
I am excited that Race Capital got to participate in this round. Cowen holds over $12 billion in assets under management and they are one of the oldest investment banks in the US. With this raise, Polysign will empower Cowen to launch their very own custody services for cryptocurrencies and other digital assets. This is a huge win for Polysign. =) Read more on Bloomberg.
Jack and Arthur are one of those founders that never take no for an answer. They are relentless in their efforts, execution driven, adaptable, determined, and have a clear vision of the future for digital assets. We love working with founders who share our level of dedication and passion.
What to learn more about what we look for in a founder? Read more about how we invest.
Here are the top mobile news this week >
  • Shein - TikTok of eCommerce
  • Google - 3 billion Android
  • Vodacom - VodaPay Superapp Launch
  • Apple - Fortnite topped $100M revenue
  • Snapchat - 500M MAU
  • Zoom - Launch of Zoom Events
  • Snapchat - Happy to pay 30% to Apple

Shein: The TikTok of Ecommerce
Android now powers over 3 billion devices
Vodacom, Alibaba Alipay Super-App to Boost South Africa Sales
Snapchat Hits 500 Million Monthly Users
Zoom Events will try to re-create the in-person conference experience
Snap CEO Evan Spiegel: We're happy to pay Apple 30% — without Apple we wouldn't exist
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