FinTech news in food delivery category

The automotive marketplace where customers can sell and buy used cars has raised a pre-seed round of $12.6 million–the largest of its kind in MENA and sub-Saharan Africa, besting what Rabbit, a 20-minute convenience delivery startup, pulled in last November.

David Eduardo Arrambide Montemayor and Maurizio Caló Caligaris, both Stanford-educated engineers, started Calii, a mobile grocery app that connects with producers and brands to automate the supply chain end-to-end and deliver more than 5,000 products, like produce, meat, seafood and prepared items, via a network of micro-fulfillment centers.

Dedicated crypto platforms like Coinbase or even Paypal, Venmo and Stripe, which recently added abilities to use crypto for payments, could evolve into the U.S. versions of super apps, assuming crypto issuers can work with regulators to find a middle ground between protecting the consumer and creating new financial and investment opportunities.