Bolt says it has settled its long-standing lawsuit with its investor Activant Capital. One-click payments startup Bolt is settling the suit by buying out the investor’s stake “after which Activant will no longer hold any interest in Bolt,” the company said in a statement. Activant’s suit accused founder and then CEO Ryan Breslow of adding © 2024 TechCrunch. All rights reserved. For personal use only.

The rise of neobanks has been fascinating to witness, as a number of companies in recent years have grown from merely challenging traditional banks to being massive players in and of themselves. Dave and Varo Bank are just two examples of such neobanks. Hear Dave co-founder and CEO Jason Wilk and Varo Bank founder and © 2024 TechCrunch. All rights reserved. For personal use only.

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week once again proved that the startup world isn’t homogeneous when it comes to risk-taking. Let’s have a look. Most interesting startup stories from the week © 2024 TechCrunch. All rights reserved. For personal use only.

Silicon Valley startup accelerator Y Combinator will expand the number of cohorts it runs each year from two to four starting in 2025, Bloomberg reported Thursday, and TechCrunch confirmed today. Y Combinator president Garry Tan told the site that approximately the same number of companies will go through YC each year, despite the change. This © 2024 TechCrunch. All rights reserved. For personal use only.

Martin Casado, a general partner at Andreessen Horowitz, will tackle one of the most pressing issues facing today’s tech world — AI regulation — only at TechCrunch Disrupt 2024, taking place at Moscone West in San Francisco on October 28-30. Casado is a pioneering figure in software-defined networking and is a key player in the © 2024 TechCrunch. All rights reserved. For personal use only.